Al Furjan Master Community

AED 948
-1.46%
-2.17%
-7.96%
95%
-4.08%
4.92%
Historical Price Change of Villas in Al Furjan Master Community
AED 855
-1.04%
-0.58%
-13.11%
95%
-3.57%
6.33%
Historical Price Change of Townhouses in Al Furjan Master Community
AED 863
0.35%
-1.71%
-10.66%
95%
1.41%
7.8%
Historical Price Change of Apartments in Al Furjan Master Community
AED 182
-4.21%
-26.61%
Historical Price Change of Residential Plots in Al Furjan Master Community

These are the average Vital Stats for Al Furjan Master Community for 2017 Q1.
You can dig deeper and analyze data for individual properties in Al Furjan Master Community under Transaction Prices and Historical Data.

Al Furjan is a master-community located off Sheikh Zayed Road and close to Discovery Gardens & the Ibn Batuttuta Mall. The community has several projects which include Nakheel Villas & Townhouses, G+1 plots, building plots and private apartment & townhouse projects by 3rd party developers.

Property Types Available: Villas, Townhouses, Apartments, Residential Plots
Location: Sheikh Zayed Road, Mohammad Bin Zayed Road
Status: Ready, Under Construction, Partially delivered
Year Launched: 2007
Developer: Nakheel
Title Type: Freehold
Quality Classification: High-end
Life Cycle: Emerging

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Al Furjan Master Community

Investment Score

Value for Money
70%
Project Uniqueness
70%
Location & Connectivity
80%
Rental Yield Expectation
70%
Capital Growth Expectation
70%
More information on investment scores

Total Score

Synopsis

Sale Status: Units available in primary & secondary market

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 900 PSF - AED 1,250 PSF

Unit Types Available: Residential Plot, Townhouse, Studio Apartment, 1 Bedroom Apartment, 2 Bedroom Apartment, 3 Bedroom Apartment, 3 Bedroom Villa, 4 Bedroom Villa, 5 Bedroom Villa, 6 Bedroom Villa

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What Our Experts Think

Al Furjan is the proper definition of a real estate hotspot; i.e. an area where we are seeing (and will continue to see) lots of development, population growth, infrastructure improvements and increased appreciation of location.

The communities built of Sheikh Zayed Road are almost all at a mature stage except for Business Bay and Al Furjan. Al Furjan is one of the few areas in Dubai where you can purchase either an apartment, villa, townhouse or residential plot.

The ready projects include: Nakheel Villas & Townhouses (Quortaj / Dubai phases), Masakin Al Furjan apartments and a few emerging Azizi buildings.

The off-plan projects include: two complexes by Danube Properties, townhouse project called Dreamz, also by Danube and several under-construction Azizi projects.

Contact us now to give you options for purchsing in ready, off-plan or off-plan resale.

- Updated Oct 30th, 2016

Dreamz by Danube Construction Progress Time Lapse - June 2016

 Published on Jun 30 2016   130 Views

 Source: Danube

 Category: Construction Progress

Video from June 2016 showing the construction progress for Dreamz by Danube in Al Furjan - a townhouse community with 3 &60 4 bedroom units.

Get in touch with an Al Furjan expert

Al Furjan consists of villas, townhouses, residential plots and apartments. Ready & Off-plan options. Contact to arrange a site visit, pricing information and a thorough presentation.

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About Al Furjan Master Community

Please note: This section reports on Al Furjan, the master-community which consists of several sub-communities (this section will be updated following any new project announcements). Al Furjan master-community is one of the 60 major communities in freehold Dubai where Lookup.ae reports quarterly prices and other vital stats. We track prices of Nakheel villas & townhouses, residential plots and provide transaction price ranges for the apartment developments within Al Furjan. This data can be viewed in more detail under this section's Transaction Prices and Historic Data sections.

Overview

  1. Master developer is Nakheel. Al Furjan is a master community located opposite of Discovery Gardens with frontage on Mohammad Bin Zayed Road and Jebel Ali Road. The main access is currently through Sheikh Zayed Road with a smaller second private entrance opened in late 2014 to give access to Nakheel's Villas & Townhouses from Jebel Ali Road.
  2. Launched in 2007; main component was Nakheel Villas & Townhouses. Following real estate crash in 2008/2009 - the project was put on hold. Starting in 2011, construction recommenced in the Quortaj and Dubai phases of Al Furjan and these two enclaves comprising of about 700+ villas and townhouses were delivered in 2013.
  3. Area considered to be a real estate hotspot. Lots of potential for future growth for a number of reasons including proximity off Sheikh Zayed Road, Metro-line extension, raw land available for development (rare for any area off Sheikh Zayed Road).

Real Estate Projects in Al Furjan

1. Nakheel Villas & Townhouses

The first major development announced in Al Furjan's master community was Nakheel's own Villas &Townhouse community. In 2007, Nakheel announced 3 phases called Quortaj, Dubai and Hijaz. This project stalled after the market down-turn in 2009. Construction recommenced in 2011. In 2013, Nakheel began delivering Phase 1 of the project which consists of 821 villas and townhouses in the Quorjat and Dubai phases. All properties were delivered by 2013.

2. Nakheel Villas & Townhouses Phase II

In 2013, Nakheel announced its Phase 2 which is directly opposite the Quortaj and Dubai phases. This phase, currently under-construction, consists of 146 four bedroom villas and 233 three bedroom townhouses.

3. Masakin Al Furjan

Low-rise, gated community featuring six buildings consisting of 1, 2 and 3 bedroom apartments.

4. Dreamz by Danube

Much publicized development by Danube Properties featuring 3 & 4 bedroom townhouses. Currently under-construction.

5. Azizi's projects

Several mid-rise buildings consisting of furnished & unfurnished 1, 2 and 3 bedroom apartments. Deliveries will take place through 2016 & 2017.

6. Avenue Residences

Avenue Residence 1 is completed while Avenue Residence 2 is under-construction. Features 1, 2 and 3 bedroom apartments.

7. Nakheel G+1 Residential Plots

Ground plus one residential plots. In this project Nakheel has sold land to investors who, upon completion of infrastructure work will be able to build their own houses. Development of this sector is underway and plots are expected to be handed over to owners by late 2016 or 2017.

8. Ritz by Danube

Launched in December of 2015, this project features 2 fifteen storey residential buildings offering fully furnished studio, 1 and 2 bedroom apartments. Completion scheduled for June 2018.

Other Developments

  1. In April 2014, Nakheel announced its plans to develop a shopping mall in Jumeirah Village Triangle. According to press releases, this will be a 1 million sq. ft. retail destination featuring a 15 screen cinema, 80,000 sq. ft. hypermarket and an entertainment area, a department store and a selection of retailes, restaurants and cafes. This mall will serve Jumeirah Park, Al Furjan and other nearby communities.
  2. RTA is expected to open two new access points which will greatly enhance Al Furjan’s location – giving it quick access to Mohammad bin Zayed Road and Jebel Ali Road. This will improve accessibility for home-owners and also strategically improve Furjan’s location being close to the new airport, DIP and Jebel Ali Freezone.
  3. In 2014, Nakheel opened up a small retail center to cater to residents of Al Furjan and Discovery Gardens
  4. In 2015, the RTA has confirmed that the Metro-line extension that will connect Dubai to the Expo 2020 site will run in between Discovery Gardens and Al Furjan.

Project Completion Status (as per DLD): 100% (as of May 10, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 3421

Project Number: 1283

Real Estate Developer: Nakheel

Trust Account Number: 010-496824324

Account Trustee Name: Mashreq Bank

RERA Permit No:: 11045

Brokerage Firm: Taktical Realty Group LLC

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