Rahaal 2 — project image
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Rahaal 2

From AED 11.47M·Completed Aug 2021·Developer payment plan available Payment
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AED 11.47M
Starting Price
Aug 2021
Handover
Developer payment plan available
Payment Plan
4 BR · Apartments
Type

Project Overview

Rahaal 2 is a residential building in Madinat Jumeirah Living, Dubai. The complex consists of spacious penthouses and apartments with 1-4 bedrooms. All properties for sale already have high quality finishes. Owners in the complex have access to 24-hour concierge services, as well as an underground car park. In association with Madinat Jumeirah Living, property owners at Rahaal 2 have access to amenities such as: swimming pools, fitness centres, children's playgrounds, kindergarten, jogging and cycling paths, parks, open spaces, shops, gyms, and guest parking. The location of the project is well connected to most road networks such as Sheikh Zayed Road, Jumeirah Road, Al Wasl Road and Umm Sukiem Road, getting in and out of the complex will never be a problem at all. From Rahaal 2, it takes approximately 16 minutes to Dubai Mall, 13 minutes to Palm Jumeirah, 7 minutes to Burj Al Arab and 16 minutes to Walk JBR. Dubai International Airport (DXB) is approximately 24 minutes‘ drive away and Al Maktoum International Airport is approximately 38 minutes’ drive away.

Project Specifications
DeveloperDubai Properties
LocationMJL (Madinat Jumeirah Living)
Unit Types4 BR, Apartments
AreaMJL (Madinat Jumeirah Living)
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 494,930 / year
Cash-on-Cash
2.2%
Levered cashflow AED 116,420
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 5.28M / 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

Rahaal 2 — View 2
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Rahaal 2 — View 4
Rahaal 2 — View 5
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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

MJL (Madinat Jumeirah Living)

Developer and Project Facts

01

Rahaal 2 by Dubai Properties

02

Located in MJL (Madinat Jumeirah Living)

03

Starting from AED 11,470,000

04

Unit mix includes 4 BR, Apartments

05

Expected handover: Aug 2021

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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Property Enquiries

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

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