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Rukan in Wadi Al Safa 7 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in Rukan

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio379,073338,999
1489,533456,726
2907,466672,027

Sales prices for completed properties in Rukan

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio4010,509418,750
16710,165677,500
29010,201918,400

Rents in Rukan

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio4289137,600
16188853,889
28193976,333

The cap rate (rental yield) of investments into Rukan project is 10.2% on average.

The price of an apartment in Rukan is 9,395 AED/sqm on average.

Price for off-plan Studio apartment in Rukan is 338,999 AED or 9,073 AED/sqm.
Price for off-plan 1 bedroom apartment in Rukan is 456,726 AED or 9,533 AED/sqm.
Price for off-plan 2 bedroom apartment in Rukan is 672,027 AED or 7,466 AED/sqm.

Price for completed Studio apartment in Rukan is 418,750 AED or 10,509 AED/sqm.
Price for completed 1 bedroom apartment in Rukan is 677,500 AED or 10,165 AED/sqm.
Price for completed 2 bedroom apartment in Rukan is 918,400 AED or 10,201 AED/sqm.

Rent in Rukan is 10,201 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Rukan is 37,600 AED or 891 AED/sqm.
Rent for 1 bedroom apartment in Rukan is 53,889 AED or 888 AED/sqm.
Rent for 2 bedroom apartment in Rukan is 76,333 AED or 939 AED/sqm.

About Rukan

'Rukan' in 'Wadi Al Safa 7' area project description

Located in the rapidly developing and serene Wadi Al Safa 7 area, the Rukan project epitomizes modern suburban living in Dubai. This expansive development offers a balanced blend of luxurious residences, verdant open spaces, and a plethora of amenities, designed to cater to a diverse range of homebuyers and investors.

Rukan is masterminded by the distinguished developer Reportage Properties, known for their commitment to quality and innovation. The project spans over an impressive 2.6 million square feet and features a mix of contemporary townhouses, apartments, and twin houses. The architectural design reflects a modern aesthetic that harmoniously integrates with the natural surroundings, ensuring both functionality and elegance.

The homes in Rukan are thoughtfully designed to prioritize comfort and style. They come in various configurations, from one to three bedrooms, accommodating families of different sizes. Each unit is equipped with spacious living areas, high-quality finishes, and large windows that invite ample natural light, fostering a sense of openness and tranquility. Private gardens and rooftop terraces offer residents perfect spots for relaxation and social gatherings.

Rukan’s community-centric approach is evident through its extensive range of amenities. The development boasts a clubhouse, swimming pools, fitness centers, and numerous parks and playgrounds. Families will appreciate the carefully planned children’s play areas and dedicated BBQ zones, which encourage outdoor activities and socialization. Additionally, the project includes retail spaces, cafes, and restaurants, providing residents with convenient access to day-to-day essentials and leisurely pursuits.

Strategically positioned in Wadi Al Safa 7, Rukan benefits from excellent connectivity to the rest of Dubai. Major highways such as Sheikh Mohammed Bin Zayed Road ensure that key destinations, including Downtown Dubai, Dubai Marina, and the Expo 2020 site, are easily accessible. This makes it an attractive option for professionals and families seeking a peaceful yet well-connected living environment.

Environmental considerations have also been woven into the Rukan project, with substantial green spaces and landscaped areas promoting a sustainable lifestyle. The inclusion of energy-efficient systems and materials underscores the developer’s commitment to creating an eco-friendly community.

Rukan presents a compelling opportunity for those looking to invest in Dubai’s thriving real estate market. Combining modern design, comprehensive amenities, and strategic location, it offers a lifestyle that balances urban conveniences with natural beauty. Whether as a primary residence or an investment property, Rukan stands out as a landmark development in Wadi Al Safa 7.

Q&A on Rukan

What are the advantages of 'Rukan' project in Dubai for property buyers? What are the disadvantages?

The Rukan project in Wadi Al Safa 7 area in Dubai offers a variety of advantages as well as some disadvantages for property buyers:

Advantages:

1. Strategic Location: Situated in Wadi Al Safa 7, it enjoys close proximity to major highways, making commuting to key areas like Downtown Dubai, Dubai Marina, and other business districts quite convenient.

2. Affordable Pricing: Compared to more established areas, Rukan offers competitive pricing, providing an opportunity for investors and first-time buyers to enter the Dubai real estate market.

3. Modern Amenities: The project features a range of state-of-the-art amenities, including swimming pools, gyms, landscaped gardens, and retail spaces, providing a well-rounded lifestyle for residents.

4. Community Living: Designed as a gated community, it offers a secure and family-friendly environment, with communal areas encouraging interaction among residents.

5. Upcoming Growth: Being part of a developing area, there’s potential for property value appreciation as infrastructure and amenities continue to improve and expand.

6. Flexible Payment Plans: Developers often offer attractive and flexible payment plans, making it easier for buyers to manage their investments without significant upfront costs.

7. Diverse Property Options: The project offers a mix of apartments, townhouses, and villas, catering to a broader range of family sizes and lifestyle preferences.

Disadvantages:

1. Developing Infrastructure: As Wadi Al Safa 7 is still developing, the infrastructure may not yet be as established as in more mature areas, which might cause inconvenience in the short term.

2. Limited Immediate Amenities: Initially, there may be fewer immediate amenities and facilities compared to more developed communities, leading to reliance on nearby districts for daily needs.

3. Construction Noise and Disruption: Ongoing construction activities in the developing area can result in noise and disruption, affecting the quality of living temporarily.

4. Public Transport: Public transportation options might be limited compared to more central locations, which could be a disadvantage for residents who rely on it for commuting.

5. Resale Market: In newer communities, the resale market can be less liquid in the initial years, potentially making it harder to sell property quickly if needed.

Assessing these pros and cons can help property buyers make informed decisions based on their personal priorities and investment goals.

What projects are better than 'Rukan' project in Dubai which are located close by, and why?

- Mudon:
- *Why*: Developed by Dubai Properties, Mudon offers a master-planned community with a variety of amenities including parks, schools, and retail areas. The project features high-quality townhouses and villas with larger spaces and better finishing compared to Rukan.

- Arabella:
- *Why*: Part of the larger Mudon community, Arabella provides modern townhouses with elegant designs. The development has more extensive community facilities such as swimming pools, children's play areas, and sports courts, enhancing the lifestyle offering.

- Villanova:
- *Why*: Developed by Dubai Properties, Villanova features Mediterranean-themed townhouses and villas. The community boasts lush greenery, plus an array of amenities like a community center, swimming pools, and recreational facilities, offering a more integrated living experience.

- Nshama Town Square:
- *Why*: Offers a wide range of apartments and townhouses with affordable pricing. It stands out for its abundant amenities, including an expansive central park, retail outlets, and cinema, creating a vibrant community lifestyle.

- Serena:
- *Why*: Also by Dubai Properties, Serena offers townhouses and villas with Spanish-themed architecture. The community includes multiple retail centers, a central plaza, and a variety of recreational areas, providing a more holistic living environment.

- DAMAC Hills 2 (Formerly AKOYA Oxygen):
- *Why*: Developed by DAMAC Properties, this project offers a range of villas and townhouses with luxurious facilities. The lush, green surroundings and numerous amenities like golf courses, shopping centers, and dining options provide a more upscale living experience.

- Arabian Ranches 2:
- *Why*: Developed by Emaar Properties, it is known for its high-quality villas and comprehensive range of amenities such as schools, healthcare centers, and retail options. The well-established reputation and community-centric focus make it an attractive option.

- Al Waha Villas:
- *Why*: Managed by Dubai Properties, Al Waha Villas offers tranquil and spacious living with a more private, gated community experience. The high-quality build and exclusivity are key differentiators.

- The Sustainable City:
- *Why*: Focused on eco-friendly living, this development offers energy-efficient homes with solar power and sustainable features. It includes educational facilities, healthcare centers, and recreational amenities, promoting a healthier lifestyle.

- Mira Oasis:
- *Why*: Part of Reem Community by Emaar, Mira Oasis offers a great balance between affordability and premium living. The townhouses are designed for modern family living, with community features like parks, shops, and family-friendly amenities.

Choosing among these options largely depends on individual preferences such as budget, desired amenities, and lifestyle needs.

What are the closest schools to 'Rukan' project in Dubai?

1. GEMS FirstPoint School, The Villa
Location: Wadi Al Safa 3, The Villa Community

2. Zayed University (Academic City)
Location: Dubai Academic City Road, Academic City

3. Repton School Dubai
Location: Nad Al Sheba 3, Dubai

4. Dubai American Scientific School
Location: Al Quoz 4, Dubai

5. The Aquila School
Location: Dubailand, Dubai

6. Kings' School Nad Al Sheba
Location: Nad Al Sheba 3, Dubai

What are the closest medical clinics to 'Rukan' project in Dubai?

1. Mediclinic Parkview Hospital - Located on Umm Suqeim Street, Al Barsha 3.
2. Aster Clinic, Arabian Ranches - Located in the Retail Centre, Arabian Ranches.
3. King's College Hospital London, Dubai Hills - Located in Dubai Hills Estate.
4. Aster Clinic, Al Barsha - Located on Fawad Bel Hajar Bldg, Al Barsha 1.
5. Emirates Hospital Clinic, Motor City - Located in Detroit House, Motor City.




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