AHAD Residences
✓ Resale Available

AHAD Residences

From AED 1.20M·Completed Dec 2023·Developer payment plan available Payment
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AED 1.20M
Starting Price
Dec 2023
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

AHAD Residences is a luxury residential complex by developer Ahad Group in the popular business district of Dubai Business Bay. The 31-storey building features premium studios and 1-3 bedroom apartments. All residences are equipped with balconies or terraces and panoramic windows with picturesque views of the skyline of modern Dubai. There are a total of 346 property units in the complex. All apartments are equipped with high quality appliances including a refrigerator, gas hob and oven, extractor fan and washing machine. The 2 and 3 bedroom residences include a dishwasher. AHAD Residences will house a variety of retail stores as well as an outdoor pool, indoor gym, sauna and locker rooms. Other amenities include a cozy three-story high lobby, 5 levels of parking, electric vehicle charging stations and concierge services. AHAD Residences is located next to the famous Dubai Water Canal, at the intersection of Al Khaleeji Al Tejari 1 St, Al A'mal St and Marasi Dr. The surrounding area provides all the necessary infrastructure for comfortable living, including kindergartens, schools and medical centers. Due to the favorable location of the complex residents can easily access any point of Dubai. Dubai Mall is approximately 8 minutes away, Palm Jumeirah is 22 minutes away, Burj Al Arab is 21 minutes away and The Walk JBR is 26 minutes away.

Project Specifications
DeveloperAHAD Group
LocationBusiness Bay
Unit Types1 BR, Apartments
AreaBusiness Bay
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 51,780 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,180
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 78,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
AHAD Residences launch basis1,333AED 1.20MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from AHAD Group.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Kids Play Area
Lift
Lobby
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

AHAD Residences by AHAD Group

02

Located in Business Bay

03

Starting from AED 1,200,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2023

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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