Al Waleed Garden 2 — project image
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Al Waleed Garden 2

From AED 2.40M·Completed Oct 2023·Developer payment plan available Payment
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AED 2.40M
Starting Price
Oct 2023
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Al Waleed Garden is a remarkable family-friendly community in a 17-story residential complex located in the Al Jaddaf area. Developed by Al Waleed Group, the complex showcases a modern architectural design characterized by sleek lines and a harmonious blend of glass and concrete, creating a visually striking facade. The building offers a range of residences, including studios and apartments with 1 to 2 bedrooms, all featuring well-thought-out layouts and high-quality modern finishes. The atmosphere in the complex is one of tranquility and comfort, created through a combination of contemporary architecture and bright, spacious interiors. Key features and amenities of the complex include a dedicated leisure floor for recreational activities, a swimming pool with lifeguard services, as well as 24-hour security with CCTV surveillance and controlled access to the premises. Thanks to its location in the rapidly developing Al Jaddaf area, residents have access to key social and entertainment infrastructure. Dubai International Airport is just 10 minutes away from the complex, while Dubai Water Canal, WAFI Shopping Mall, and Al Jaddafis are only 5 minutes away. Al Wasl Sports Club and Marriott Hotel Al Jaddaf are just a minute from the complex.

Project Specifications
DeveloperAl Waleed
LocationAl Jaddaf
Unit Types2 BR, Apartments
AreaAl Jaddaf
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 103,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,360
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.10M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Basketball court
Covered Parking
Coworking zone
Jogging tracks
Kids Play Area
Leisure areas
Lobby
Paddle court
Recreational areas
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness

Location

Al Jaddaf

Nearby Destinations

Al Jaddaf

Developer and Project Facts

01

Al Waleed Garden 2 by Al Waleed

02

Located in Al Jaddaf

03

Starting from AED 2,400,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Oct 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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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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