Rukan Tower — project image
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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
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 33,657 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,917
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 358,800 / 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

Rukan Tower — View 2
Rukan Tower — View 3
Rukan Tower — View 4
Rukan Tower — View 5
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Astraterra Properties

Official Documents

Download official marketing materials from Reportage Properties.

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Payment Structure

100% down payment

Published payment summary

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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

Wadi Al Safa 7

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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