Safa Parkview
Off-Plan

Safa Parkview

From AED 1.58M·Handover Jun 2028·5% down payment Payment
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AED 1.58M
Starting Price
Jun 2028
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Safa Parkview is a modern high-rise project by Arada Properties, which is a part of Safa district consisting of five residential buildings. The project is located in the Aljada community of Sharjah. The building is located in the central part of the city, which ensures its convenient location and accessibility. The residential complex have a high ground floor, three podium levels and nine residential floors. Safa Parkview offers apartments with 1 to 3 bedrooms. The interiors are designed in a contemporary style combining elegance and functionality. All residences are have a smart home system and panoramic glazing. The kitchen is equipped with premium appliances from European manufacturers, including a stove, hood and washing machine. The residents of the complex has a direct access to swimming pools for adults and children, terraces, playground, amphitheater, sports fields and other amenities. Residents of Safa Parkview have a direct access to the park area and all the sports fields and recreational areas of the Aljada community. The location of Safa Parkview is also one of its advantages. City Center Al Zahia is just a 2-minute drive away and University City is just 3 minutes drive away. Sharjah International Airport is a 5-minute drive by car and Dubai International Airport is just 20 minutes drive away.

Project Specifications
DeveloperArada Properties
LocationMuwaileh Commercial
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaMuwaileh Commercial
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 68,263 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,057
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 102,830 / 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
Safa Parkview launch basis1,758AED 1.58MCurrent launch / asking basis
Muwaileh Commercial ready-stock comps1,500AED 1.35MIndicative resale benchmark
Muwaileh Commercial 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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Safa Parkview official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Arada Properties.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
BBQ
Basketball Half Court
Basketball court
Beauty Salon
Bike path
Cabanas
Children’s pool
Community Lawn
Covered Parking
Crossfit zone
Dining outlets (coffee houses & restaurants)
Fitness Zone
Football field
Fountain
Jogging tracks
Kids Play Area
Lagoon
Landscape Open Areas
Landscaped garden
Landscaped park
Laundry
Leisure areas
Lift
Lobby
Meditation zone
Multipurpose Sports Courts
Open Kids Play Area
Open air gym
Outdoor Multipurpose Space
Outdoor Yoga
Park Access
Parking
Picnic Area
Pool Deck
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Skate Park
Smart home
Social zone
Sports ground
Storage Areas
Tennis court
Theater
Volleyball
Walking paths
Yoga Area

Location

Muwaileh Commercial

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Muwaileh CommercialMuwaileh CommercialDubai, UAE

Developer Track Record

01

Safa Parkview by Arada Properties

02

Located in Muwaileh Commercial

03

Starting from AED 1,582,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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