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Suburbia

From AED 1.75M·Completed Nov 2013·100% down payment Payment
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AED 1.75M
Starting Price
Nov 2013
Handover
100% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Suburbia is a project by Damac Properties located in Jebel Ali Freezone neighborhood. The complex is an exclusive residential project consisting of two towers of 11 and 19 floors. It features studios, 1-4 bedroom apartments and designer duplexes. Every detail of the interiors has been thought through to create the perfect blend of convenience and aesthetics, allowing you to immerse yourself in the atmosphere of Moroccan architecture. Residents have access to a variety of services, including a modern sports field with state-of-the-art equipment, a temperature-adjustable swimming pool and a beautifully landscaped garden. Other key features of the complex include 24-hour security, walking and jogging paths and a sauna. Due to the central location of the complex, residents will have easy access to many interesting places in the city, including the famous Jebel Ali, Dubai Parks, Ghantoot Racing & Polo Club and the unique Ibn Battuta shopping center. The complex also connects to Sheikh Zayed Road, making it a 10-minute drive to Dubai Marina and Palm Jumeirah, while Burj Khalifa and Dubai Mall are approximately 20 minutes away. Dubai International Airport is no more than 35 minutes away. Suburbia is a unique living space that is ideal for couples with children, and investors can receive a stable income from renting out the property.

Project Specifications
DeveloperDamac Properties
LocationDowntown Jebel Ali
Unit Types2 BR, Apartments
AreaDowntown Jebel Ali
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 75,383 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,732
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 803,620 / 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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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Landscaped garden
SPA
Shared Pool
Shared gym & fitness

Location

Downtown Jebel Ali

Nearby Destinations

Downtown Jebel Ali

Developer and Project Facts

01

Suburbia by Damac Properties

02

Located in Downtown Jebel Ali

03

Starting from AED 1,747,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Nov 2013

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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