Rahaal 2
✓ Resale Available

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
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 494,931 / year
Cash-on-Cash
1.8%
Levered cashflow AED 116,421
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 745,550 / 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
Rahaal 2 launch basis12,744AED 11.47MCurrent launch / asking basis
MJL (Madinat Jumeirah Living) ready-stock comps1,500AED 1.35MIndicative resale benchmark
MJL (Madinat Jumeirah Living) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Rahaal 2 — View 2
Rahaal 2 — View 3
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Rahaal 2 — View 7
Rahaal 2 official render 1

Rahaal 2 official render 1

Rahaal 2 official render 2

Rahaal 2 official render 2

Rahaal 2 official render 3

Rahaal 2 official render 3

Rahaal 2 official render 4

Rahaal 2 official render 4

Rahaal 2 official render 5

Rahaal 2 official render 5

Rahaal 2 official render 6

Rahaal 2 official render 6

Rahaal 2 official render 7

Rahaal 2 official render 7

Astraterra Properties

Official Documents

Download official marketing materials from Dubai Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
MJL (Madinat Jumeirah Living)MJL (Madinat Jumeirah Living)Dubai, UAE

Developer Track Record

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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