Confident Lancaster — project image
✓ Resale Available

Confident Lancaster

From AED 1.70M·Completed Mar 2024·Developer payment plan available Payment
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AED 1.70M
Starting Price
Mar 2024
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Confident Lancaster is a 10-storey apartment complex located in the Liwan neighbourhood. The building is contemporary in style with an elegant design that combines sophistication and functionality. The complex offers one and two bedroom apartments. They are characterised by a spacious layout and panoramic windows that fill the rooms with natural light. The interior finishes are made of high quality materials, and modern technologies, including smart home system, provide comfort and convenience. The residents are provided with amenities that create comfortable living conditions: a modern fitness centre with professional equipment, a spacious swimming pool, a spa zone for rest and relaxation, as well as children's and sports grounds. For lovers of outdoor recreation there is a barbecue area and well-maintained green spaces. The complex is located next to Sheikh Zayed bin Hamdan Al Nahyan Street, which provides easy access to key neighbourhoods in Dubai. Business Bay Business Centre is a 20-minute drive away, Jumeirah Beach is a 28-minute drive away and the iconic Burj Khalifa Tower is a 25-minute drive away. There are shops, restaurants, schools and other amenities within walking distance, making Confident Lancaster an ideal place to live.

Project Specifications
DeveloperConfident Group
LocationWadi Al Safa 2
Unit Types2 BR, Apartments
AreaWadi Al Safa 2
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 73,355 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,255
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 782,000 / 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

Download official marketing materials from Confident Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Cinema
Covered Parking
Kids Play Area
Lobby
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Yoga studio

Location

Wadi Al Safa 2

Nearby Destinations

Wadi Al Safa 2

Developer and Project Facts

01

Confident Lancaster by Confident Group

02

Located in Wadi Al Safa 2

03

Starting from AED 1,699,999

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Mar 2024

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
Qualified Buyer Flow
Property Enquiries

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

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