Suncity Homes in International City Phase 3 - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
The cap rate (rental yield) of investments into Suncity Homes project is 7.7% on average.
The price of an apartment in Suncity Homes is 11,064 AED/sqm on average.
The long term rent of an apartment in Suncity Homes is 855 AED/sqm/year on average.
About Suncity Homes
'Suncity Homes' in 'International City Phase 3' area project description
Suncity Homes is a completed five-storey mixed-use complex in International City Phase 3, Dubai, developed by Sun and Sand Developers (SASD Group). Construction started in July 2018 and finished in February 2021, six months ahead of schedule.
The project features 65 one- to two-bedroom apartments with freehold status, plus four retail stores. Apartments offer excellent layouts, marble flooring, balconies, and fully equipped kitchens. Residential units start at a minimum size of 615 sq. m.
Three retail outlets occupy the ground floor, with more within walking distance. The development sits in International City, a district with developed infrastructure and good highway connectivity.
Nearby projects include Easy18 (Phase 2), Al Helal Al Zahaby Building 2 and Aamna Residency (Al Warsan 4), Al Warsan 4 (Phase 2), multiple Souk Al Warsan Townhouses (A, E, F, G) and Souk Al Warsan (Prime Residency), and Nad Al Sheba 3 (Phase 2).