Rukan Tower
✓ Resale Available

Rukan Tower

From AED 780,000·Completed Feb 2024·100% down payment Payment
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AED 780,000
Starting Price
Feb 2024
Handover
100% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Rukan Tower is the centerpiece of the Rukan residential complex in Wadi El Safa, Dubai. The complex includes a basement floors, a ground floor, 8 residential floors and a roof. This modern and stylish building features 608 apartments with different designs and sizes. Modern high-quality facades and double-glazed windows let in a lot of light and make them cozy, and the neutral color palette is in harmony with the surrounding landscapes. The Rukan Tower building is surrounded by everything you need for an ideal life: parks, play areas, swimming pools and much more. Other facilities offered at the property include: swimming pool, gym, parking area, pet-friendly area, running tracks and a mosque. Convenient location allows you to easily reach such attractions as The global Village, Hamdan sport complex, IMG Worlds of adventure, Burj Khalifa, Dubai Mall, Dubai Miracle garden, Dubai International Airport, Mall of the Emirates, the road will take no more than 20 minutes.

Project Specifications
DeveloperReportage Properties
LocationWadi Al Safa 7
Unit Types1 BR, Apartments
AreaWadi Al Safa 7
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 33,657 / year
Cash-on-Cash
1.8%
Levered cashflow AED 7,917
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 50,700 / 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
Rukan Tower launch basis867AED 780,000Current launch / asking basis
Wadi Al Safa 7 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Wadi Al Safa 7 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Rukan Tower — View 2
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Rukan Tower official render 1

Rukan Tower official render 1

Rukan Tower official render 2

Rukan Tower official render 2

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Rukan Tower official render 5

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Rukan Tower official render 7

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Rukan Tower official render 9

Rukan Tower official render 9

Rukan Tower official render 10

Rukan Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Reportage Properties.

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Payment Structure

100% down payment

Flexible Payment

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Outdoor parking
Pets Allowed
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Sports ground

Location

Wadi Al Safa 7

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Wadi Al Safa 7Wadi Al Safa 7Dubai, UAE

Developer Track Record

01

Rukan Tower by Reportage Properties

02

Located in Wadi Al Safa 7

03

Starting from AED 780,000

04

Unit mix includes 1 BR, Apartments

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

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