Buy Property in Khalifa City
About Khalifa City-A
Khalifa City-A (now known as Khalifa City) has a lot to offer as a place to relocate or buy an investment property. The area is a quiet family-friendly neighbourhood that is consistently ranked as one of Abu Dhabi’s most popular areas among renters.
According to the original development plan, Khalifa City was designed as a large district comprising three smaller neighbourhoods: Khalifa City-A, Khalifa City B and New Khalifa City. However, later, each of the three areas became a separate community and was subsequently renamed. As a result, the neighbourhood that used to be known as Khalifa City-A is now more often called Khalifa City, while Khalifa City B and New Khalifa City became Shakhbout City and Zayed City respectively.
Khalifa City is being developed by Aldar Properties, one of the leading developers in the UAE, where the main focus of the Khalifa City development is to make it an independent master community, including not only residential but also commercial properties. The ambitious project is under active construction and, when completed, should become the new center of the Emirate of Abu Dhabi, not just another ordinary residential area.
Projects in Khalifa City
From schools and nurseries to hospitals and malls, the district offers everything needed for a comfortable life. The range of educational establishments, for instance, consists of almost 20 options, including nurseries (Kids Academy Nursery, Redwood Montessori Nursery and Odyssey French Nursery) and schools (Raha International School, GEMS American Academy and Canadian International School, to name just a few).
Khalifa City is located about 25 minutes’ (25 km) away from Abu Dhabi, along the highway of Abu Dhabi Rd/Sheikh Zayed Bin Sultan St/E10 leading to Dubai. The mega development is adjacent to the waterfront project of Al Raha (to the north), borders on Al Maqta (to the west and south-west) and Zayed City (to the south) and is about a 15-minute drive away from Abu Dhabi International Airport.
The most convenient way to get to Khalifa City is via the Abu Dhabi-Dubai highway and then using Abu Dhabi-Al Ain Road. There are several bus stops within the community, with some routes running through Khalifa City, these buses are No 160, 161, 162 and 216.
When it comes to medical facilities, there are more than a dozen options to choose from. For instance, Seha Clinic, the Canadian Medical and Rehabilitation Centre and HealthPlus Family Clinic. We can’t also help but mention the region’s first medical mall, which is a 12-storey development built by Al Falah Healthcare.
What about shopping you may ask? Well, you can start with Al Safeer Mall, which is a 3-level retail complex with various stores, a food court, a cinema and a kid-friendly arcade. Depending on your location and preferences, you can opt for Forsan Central Mall, Earth Mall, Gardens Plaza, My City Centre Masdar or the convenience store in Khalifa City Market.
Economic appeal
According to a Bayut & Dubizzle report for the first half of 2021, Khalifa City confidently holds the place of the most sought-after neighbourhood among investors and tenants looking for affordable real estate in Abu Dhabi. This area is often seen as a cheaper alternative to living in the central part of the emirate, compared to the more elite real estate at higher prices in other parts of the city. In this respect, it is similar to Mohammed Bin Zayed City, which is another well-established suburban district with comparatively low prices.
Villas and compounds are the main types of property in Khalifa City and range from 4-bedroom homes to 11-bedroom mansions, with sizes varying from 3,000 sq. ft. (a villa) to 124,000 sq. ft. (a 12-villa compound). There are also apartment blocks with properties ranging from compact studios (from 300 sq. ft.) to 4-bedroom apartments (up to 3,500 sq. ft.) but these are only available for rent, as there are currently no apartments for sale. In addition, Khalifa City-A offers the opportunity to purchase a plot of land, ranging from 10,000 sq. ft to 120,000 sq. ft, for the construction of your own home.
For Khalifa City-A the highest ROI can be expected from 11 or 10-bedroom villas at 6.3-7%. At the other end of the spectrum are 4 and 5-bedroom villas, which offer about 5-5.6% ROI per year.
When it comes to purchasing properties, expect to pay from AED 4.5M (USD 1.22M) for a 5-bedroom villa with an area of 10,000 sq. ft. and 6 bathrooms. There are, of course, other factors that affect the price, apart from the area and number of bedrooms. It is also possible to find a 4-bedroom villa of just 3,000 sq. ft. for AED 4.8M (USD 1.3M). A spacious 7-bedroom villa with an area of 40,000 sq. ft. will cost around AED 28M (USD 76.3M). Prices for land plots start at AED 2.45M (USD 670K).
*The price is valid for 2021
Most popular real estate projects
There are several areas within Khalifa City developed according to different plans, with each having their own unique style. Only UAE and GCC nationals can buy real estate in any of these development projects on a freehold basis. As for foreign citizens, they can only rent housing here.
Al Forsan Village
The area is home to Forsan International Sports Resort and also Town Square, which is a leisure centre offering various dining options. The most common type of housing here are villas which range from 2-bedroom options (1,500 sq. ft.) to 5-bedroom units reaching 9,000 sq. ft. There are also a few 4-bedroom townhouses and apartments in low-rise buildings on offer. Rent prices for a compact 2-bedroom villa starts from AED 90K (USD 25K) a year, while a 4-bedroom villa, which is a much more common option, costs from AED 130K (USD 35K) a year.
Other comparatively well-known real estate projects are the villa subcommunity of Liwa Oasis Compound, where you can rent a spacious 4-bedroom villa for prices starting at AED 152K (USD 41K).
*The price is valid for 2021
Al Rayyana
This is a mid-rise development not far from Abu Dhabi Golf Course. The complex includes 33 apartment blocks featuring 1, 2 and 3-bedroom units. What makes them especially attractive is the floor-to-ceiling windows overlooking the golf club and the Al Forsan Country Club, as well as the beautiful landscaped gardens. The properties shown here are only available for rent and there are no units available for sale. Rental prices will start from AED 68K (USD 19K) a year for a 1-bedroom apartment of 885 sq. ft.
*The price is valid for 2021
Al Merief
The neighbourhood offers a classic Emirati lifestyle and is made up of over 280 residential plots, where families can build villas with individual designs. Land plots available for sale range from 10,000 to 17,000 sq. ft. and prices start from AED 2.45M (USD 670K). Villas typically have from 4 to 6 bedrooms and have a selling price from AED 5.8M (USD 1.6M).
*The price is valid for 2021
Golf Gardens
This is a gated community of modern villas and townhouses which lies near world-class golf courses. There are 3–6-bedroom villas from 3,583 sq. ft to over 8,000 sq. ft. and townhouses typically have 4 or 5 bedrooms and range from 3,500 sq. ft to 4,350 sq. ft. Sale prices start from AED 4M (USD 1.1M) for a 4-bedroom villa, while rent prices start from AED 200K (USD 55K) a year for a 4,350 sq. ft. for a townhouse, and from AED 210K (USD 57K) per year to rent a 3-bedroom 3,583 sq. ft. villa.
*The price is valid for 2021
Attractions
Apart from the malls with their leisure infrastructure, Khalifa City can offer other places to spend your free time. Take Abu Dhabi Golf Club that regularly hosts the Abu Dhabi HSBC Championship. The club features 27 championship holes and quite a few dining options. Another golf club, Al Ghazal Golf, is situated between Khalifa City and the International Airport, which will give fans of the sport plenty of opportunity to practise.
Al Forsan International Sports Resort, which is located not far from the Golf Club, you can find the excellent amenities for water sports, motorsports, shooting and archery, paintball and equestrian sports as well as recreational facilities. There are several mosques, including Albasit Mosque, Abdullah Bin Omar Masjid, Al Qayyum Mosque, Mosque Masjid and more.
Geographically, Khalifa City has relatively easy access to many of the city’s attractions as the area is connected to Abu Dhabi Island by two bridges. Yas Island, with its endless entertainment options, is only a 10-minute drive away, as is Abu Dhabi Island, home to Abu Dhabi Heritage Park, the Omayra bin Yusuf Mosque, Wahat Al Karama and Murjan Splash Park, among many other attractions.
Metropolitan Premium Properties
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Office 706, 707. Danet.
Guardian Towers. Abu Dhabi
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