Forest City 2
Off-Plan

Forest City 2

From AED 720,888·Handover Aug 2027·10% down payment Payment
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AED 720,888
Starting Price
Aug 2027
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Forest City 2 is a residential development by HZ Development, offering a serene oasis of modern living within DLRC. Its contemporary architecture blends seamlessly with the surrounding natural landscape, creating spacious and thoughtfully designed residences. The building consists of a basement level, a ground floor, a podium level with parking and thirteen residential floors topped with a rooftop level. Elegant residences — from studios to three-bedroom apartments — combine luxurious comfort with generous living spaces, showcasing refined and intuitive design. Features include floor-to-ceiling windows, walk-in closets and dedicated shoe cabinets. Residents enjoy an exceptional selection of amenities, including convenient basement parking, a panoramic lobby and a range of podium-level facilities. The terrace offers additional leisure options such as swimming pools for adults and children, a fully equipped gym, a barbecue area, a children’s playground and peaceful relaxation zones. Forest City 2 is strategically located, providing easy access to green parks and jogging tracks just minutes away. Al Maktoum International Airport is a 38-minute drive, Global Village is 9 minutes away, Dragon Mart is 18 minutes away and Dubai Marina can be reached in approximately 27 minutes.

Project Specifications
DeveloperHZ Development
LocationDubailand Residence Complex
Unit TypesStudio, 1 BR, 2 BR, 3 BR, Apartments
AreaDubailand Residence Complex
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 31,106 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,317
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 46,858 / 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
Forest City 2 launch basis801AED 720,888Current launch / asking basis
Dubailand Residence Complex ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubailand Residence Complex 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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Forest City 2 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from HZ Development.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Forest City 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Central A/C
Covered Parking
Covered gym
Electric Vehicle Charger
Jogging tracks
Kids Play Area
Lagoon style swimming pool
Landscaped garden
Leisure areas
Lobby
Outdoor parking
Pets Allowed
Security and CCTV
Shared Pool
Smart home
Social zone
Walking paths

Location

Dubailand Residence Complex

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubailand Residence ComplexDubailand Residence ComplexDubai, UAE

Developer Track Record

01

Forest City 2 by HZ Development

02

Located in Dubailand Residence Complex

03

Starting from AED 720,888

04

Unit mix includes Studio, 1 BR, 2 BR, 3 BR

05

Expected handover: Aug 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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