Al Satwa
About Al Satwa
Al-Satwa possesses a significant historical background and stands as one of the most ancient districts in Dubai. The presence of low-rise structures gives it a unique appeal in contrast to the city's tall towers. Although Al Satwa may have a different level of extravagant accommodations than other places, it offers a genuine and lively setting. This well-established neighborhood cultivates a robust sense of inclusion, rendering it a sought-after option for families, young professionals, and immigrants seeking a centrally located and cost-effective location.
Properties for sale in Al Satwa
Al Satwa offers a mix of residential and commercial properties, including apartment buildings ranging from studios to 3-bedroom units and a few villas with 3 to 6-bedroom units. The apartments have bathrooms, built-in wardrobes, large glass windows, spacious kitchens, and master bedrooms with living/eating spaces, some of which include a maid's room. The villa has wooden and marble floors, large balconies, temperature-controlled swimming pools, private gardens, and car parking spaces. Penthouses in Al-Satwa range from 2,750 to 4,000 square feet, and commercial properties include offices and retail shops.
Here's a breakdown of the property types available in Al Satwa:
- Studio Apartments
- 1 Bedroom Apartments
- 2 Bedroom Apartments
- 3 Bedroom Apartments
- 3 Bedroom Townhouses/Villas
- 4 Bedroom Townhouses/Villas
Average Property Price in Al Satwa
Rental Trends in Al Satwa Dubai
| Property Type | Price |
|---|---|
| Studio | AED 46,000 |
| 1-Bed Apartment | AED 72,000 |
| 2-Bed Apartment: | AED 94,000 |
| 3-Bed Apartment: | AED 160,000 |
Dubai property market saw 5,020 property deals worth 361 million AED last year due to which the cost to rent a studio is now between AED 30,000 and AED 62,000 and further details are given below.
Let’s consider general sales trends in Al Satwa, Dubai. Rather than going through and analyzing specific product lines
| Property Type | Price |
|---|---|
| Studio | AED 1,149,000 |
| 1-Bed Apartment: | AED 1,765,000 |
| 2-Bed Apartment: | AED 2,168,000 |
Let's have a look at the prices of Studios for sale: studios cost between AED 1.05M and AED 1.14M, 1-bedroom flats range from AED 1.3M to AED 1.83M, and 2-bedroom apartments range from AED 2.1M to AED 3.8 M. A 3-bedroom penthouse costs AED 3.4M, villas have 3-bedroom units costing AED 9.0M, and 4-bedroom units costing AED 4.7 M.
ROI in Al Satwa Dubai
Investing in al-Satwa offers promising returns for rental properties. The highest return on area investment (ROI) is for 2-bedroom apartments, yielding an impressive 3.98. One-bedroom flats also offer a solid investment opportunity with an ROI of 3.83. Despite being slightly reduced, studios still provide a respectable ROI of 3.67. These figures highlight potential returns for investors considering residential properties in Al-Satwa.
