Confident Lancaster
✓ 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
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 73,355 / year
Cash-on-Cash
1.8%
Levered cashflow AED 17,255
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 110,500 / 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
Confident Lancaster launch basis1,889AED 1.70MCurrent launch / asking basis
Wadi Al Safa 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Wadi Al Safa 2 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

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

Flexible Payment

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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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Wadi Al Safa 2Wadi Al Safa 2Dubai, UAE

Developer Track Record

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

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