One Za'abeel Residences
✓ Resale Available

One Za'abeel Residences

From AED 14.86M·Completed Feb 2024·Developer payment plan available Payment
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AED 14.86M
Starting Price
Feb 2024
Handover
Developer payment plan available
Payment Plan
2 BR · Penthouse
Type

Project Overview

One Za'abeel Residences is a luxury apartment and commercial complex developed by the Investment Corporation of Dubai, located in the heart of the Za'abeel district. The complex consists of two towers: One Za'abeel Tower is 67 floors high and One Za'abeel The Residences is 57 floors high. The towers are connected by a horizontal structure called The Link. The structure of the complex includes 7 basement levels, functional ground floors and an operational roof. The architectural appearance of the complex impresses with bold lines and panoramic glazing: towers with a laconic modern silhouette harmoniously complement the futuristic horizontal structure of The Link, creating a spectacular visual accent. The One Za'abeel residential complex offers apartments of various layouts, from 1-bedroom apartments to 5-bedroom penthouses. The interiors are made in a modern style using premium materials. The thoughtful layout and large windows provide plenty of natural light. The complex offers residents a range of premium class amenities, both in individual towers and in The Link common infrastructure area. It offers restaurants, a spa, stylish lounge areas, a modern fitness center and an infinity pool with panoramic views. The complex is located in a prestigious area: Dubai Mall and Burj Khalifa are 7 minutes away by car, Palm Jumeirah is 19 minutes away, and Dubai International Airport is a 13—minute drive away.

Project Specifications
DeveloperInvestment Corporation of Dubai
LocationZaa'beel 1
Unit Types2 BR, Penthouse
AreaZaa'beel 1
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 641,209 / year
Cash-on-Cash
1.8%
Levered cashflow AED 150,829
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 965,900 / 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
One Za'abeel Residences launch basis16,511AED 14.86MCurrent launch / asking basis
Zaa'beel 1 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Zaa'beel 1 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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One Za'abeel Residences official render 1

One Za'abeel Residences official render 1

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One Za'abeel Residences official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Investment Corporation of Dubai.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

BBQ
Central A/C
Children’s pool
Concierge Service
Conference room
Covered Parking
Dining outlets (coffee houses & restaurants)
Housekeeping Services
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Pool Lounge
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Zaa'beel 1

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Zaa'beel 1Zaa'beel 1Dubai, UAE

Developer Track Record

01

One Za'abeel Residences by Investment Corporation of Dubai

02

Located in Zaa'beel 1

03

Starting from AED 14,860,000

04

Unit mix includes 2 BR, Penthouse

05

Expected handover: Feb 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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