Buy Property in Al Ghadeer Village

The new fast-growing community of Al Ghadeer Village, from Abu Dhabi’s leading developer, Aldar Properties, is located on the border of Abu Dhabi and Dubai. The construction of the area began in 2007 with low-rise apartment buildings and villas predominating here. The project consists of 2 phases, the first of which was completed in 2013 and counts 2,131 units of residential housing including townhouses, villas, terrace apartments and a couple of high-rise apartments. Al Ghadeer Phase II is expected to have 611 units that will include maisonettes, townhouses and villas. Completion of the construction work is scheduled for the second half of 2021.

Al Ghadeer Village has 5 exclusive blocks with environmentally friendly facilities. Al Ghadeer’s visionary master plan proposes that after the completion of Phase II, the total residential area of the housing stock will exceed 1.3M sq.m and will include 14,408 residential properties The Al Ghadeer Village is expected to have special areas such as a District Center Civic, Commercial District and Center Residential. According to the new Al Ghadeer master plan, the area will be supplemented by office spaces, a hotel, public garden areas, community swimming pools and multi-use sports areas. Moreover, the developer plans to open a new Elementary School and International School in the area. Other planned amenities in the area include a Skate Park and a Children’s Dune Park, Retail Boulevard, Clubhouse and a Business Park.

Despite the remoteness of Al Ghadeer from the busy urban areas, transportation here is convenient as it provides direct access to ​the Saih Sheib – Al Faya Truck Road and to Sheikh Mohammed Bin Rashid Al Maktoum Road.

The infrastructure of the area is designed so that residents can move easily on foot. Within walking distance of the community there is a Wheatfields grocery store, Al Ghadeer Masjid (Mosque), Sabil Kids and Waha kids play area, a basketball court, beauty salons, cafes and restaurants, Waterfall Park, Waterfall Clubhouse, Waterfall Swimming Pool, Al Ghadeer Tennis Court, Vogue Fitness gym and Medicina Pharmacy. The Al Waha Building is home to the British Oak Montessori Nursery, and eventually the Al Ghadeer International School will be housed here.

To travel outside the district, it is recommended that you own a car or take a taxi, as public transport is not yet available in the area.

• Al Maktoum International Airport is just a 20-minute drive from the area.
• Reaching the central areas of Dubai is about a 40-minute drive, but the road to Abu Dhabi will take just over one hour on a toll highway or about two hours on a non toll highway.
• Dulsco Medical Clinic and Max Medical Clinic are located in the neighbouring Dubai Industrial City district.

It is worth noting that back in 2018 Aldar made a deal with the American company Hyperloop Transportation Technologies, after which it became known that Al Ghadeer will be home to the first supersonic transport in the UAE. The speed of the Hyperloop in Dubai will be commensurate with that of an airplane with the speed of the hyper-cycle from Abu Dhabi to Dubai reaching a colossal 1,123 km/h. The concept of Hyperloop was originally conceived by Elon Musk as a technology that will change the definition and understanding of transportation in the near future. The main goal of the project is to reduce environmental pollution, traffic congestion and travel time.

The construction of the Hyperloop is already in progress and it is expected that Phase I of the project will include the construction of a 10km highway in Abu Dhabi. A feasibility study of potential Hyperloop routes in Dubai is also being studied. At the moment, the work on Phase II is being discussed. The expected completion date of the Hyperloop has not yet been confirmed, but as soon as the construction is completed, the movement between Al Ghadeer and the two Emirates will become much faster, more environmentally friendly and more technologically advanced.

Al Ghadeer is considered a calm self-contained area, which is well suited for families and those who work and move between Abu Dhabi and Dubai. Unlike the coastal areas of Abu Dhabi, the sale and rental prices here are not that high. Al Ghadeer is considered one of the top areas of Abu Dhabi for buying apartments, which has maintained the highest ROI over the last few years:

• 8-9% for a studio apartment.
• For apartments with 1 or more bedrooms start from 7.2%.
• A 3BR villa may expect a return of 6.4%.

Al Ghadeer Phase II offers various off-plan properties. There are 1-2 bedrooms and 3-bedroom townhouses. In the near future, 4-bedroom villas will also be available for purchase. The living area of the properties ranges from 398 sq.ft. up to 2,216 sq. ft. Interested investors can buy a 1-bedroom apartment at a starting price of AED 290,000 (USD 79,000). It is expected that ROI indicators in Al Ghadeer Phase II will reach 11%.

It is also worth mentioning that Al Ghadeer is located close to the EXPO 2020 Dubai site. The large flow of expected tourists implies an increase in the popularity of the nearest communities, which makes the Al Ghadeer Village area one of the most economically attractive areas.

It is expected that the Al Ghadeer Phase II will feature studio apartments as well as 1-4 bedroom apartments. The living area of residences is expected to vary from 398 sf.ft. to 2,217 sq. ft. At the moment, the area comprises several communities, where you can either buy or rent properties. Here we consider the most popular of the communities.

Al Ghadeer is located in the Seih Sdeirah Investment Zone, between Dubai and Abu Dhabi. Despite its relative remoteness from both cities, the area is located close to some major landmarks that are worth paying attention to.