Laсina Residence at Ghaf Woods — project image
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Laсina Residence at Ghaf Woods

From AED 3.25M·Completed Contact for handover timeline·Accepted payment methods: credit_debit_card, bank_check,... Payment
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AED 3.25M
Starting Price
Contact for handover timeline
Handover
Accepted payment methods: credit_debit_card, bank_check,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Lacina Residence at Ghaf Woods is a stunning project by Majid Al Futtaim located in the City of Arabia neighborhood. This residential complex, consisting of several low-rise buildings, offers a lifestyle in a forest ecosystem. The area is planted with a large number of trees and shrubs, making the air temperature feel 5 degrees cooler. It is also home to 20 varieties of birds. The project presents luxury apartments with 1-3 bedrooms. The finishing of facades and interiors of the complex is made in a modern style using natural materials, thanks to which the buildings perfectly blend into the surrounding picturesque landscape. The residents of the complex are presented with a wide variety of amenities, including an amazing green park, children's and adult swimming pools, gym, children's playground, walking and biking paths, as well as cafes and retail outlets. The location of the complex is one of its advantages. With its close proximity to Sheikh Mohammed Bin Zayed Road, residents can reach Global Village in just 3 minutes. Dubai Miracle Garden and Tilal Al Ghaf will take 10-15 minutes to reach, while Mall of Emirates, Downtown Dubai and Dubai International Airport are no more than 30 minutes away.

Project Specifications
DeveloperMajid Al Futtaim
LocationWadi Al Safa 4
Unit Types2 BR, Apartments
AreaWadi Al Safa 4
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 140,237 / year
Cash-on-Cash
2.2%
Levered cashflow AED 32,987
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.50M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Majid Al Futtaim.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_check,...

Published payment summary

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Amenities & Lifestyle

Dog walking area
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Recreational areas
Shared Pool
Shared gym & fitness
Social zone
Sports ground
Walking paths

Location

Wadi Al Safa 4

Nearby Destinations

Wadi Al Safa 4

Developer and Project Facts

01

Laсina Residence at Ghaf Woods by Majid Al Futtaim

02

Located in Wadi Al Safa 4

03

Starting from AED 3,250,000

04

Unit mix includes 2 BR, Apartments

05

Official brochure and PDF marketing materials available

06

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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