The Greens Dubai – What makes this community a great place for investors and residents

The Greens Dubai – What makes this community a great place for investors and residents

Neighbourhood watch:
The Greens Dubai – What makes this community a great place for investors and residents

The Green Dubai
A low-rise community comprised of 36 buildings and 3,500 units spread across 65 acres, The Greens offers residents and investors a slice of nature-led urban living complete with shaded paths, grassy stretches, waterways and a decidedly family-friendly feel.
One of Emaar’s first freehold communities, the collection of cosy studios through to spacious four-bedroom apartments was released in 2002 and is made up of multibuilding clusters connected by shared outdoor spaces, designed to create a community-led ambience and attracting young professionals, couples and families.
You probably couldn’t ask for a more convenient location. Situated in the Al Thanyya area, just off Shaikh Zayed Road, it rubs shoulders with the adjacent Barsha Heights, is only a short drive from Dubai Marina, Mall of the Emirates, Dubai Internet/Media City and Jumeirah Lakes Towers, with a shuttle bus service to the nearby Dubai Internet City Metro station.
Nearby education hubs include Regent International School and Dubai International Academy in Emirates Hills with the American School of Dubai just down the road. Saudi German Hospital and Al Zahra Hospital are the closest full-scale medical facilities.
Sense of community
A well-established community, the choice of local amenities is another major draw for residents with The Greens Village retail centre anchored by a supermarket and offering all the services you would expect, including a salon, barber shop, pharmacy, clutch of cafés and the nearby organic foods café. Its leisure offering is another key selling point, with each cluster of four buildings sharing an outdoor temperature-controlled pool, gym, children’s play zone, community hall and barbecue areas. As a bonus, dog walking is permitted in designated areas (but remember to scoop that poop).
The extended lake that separates The Greens from neighbouring mid to high-rise development, The Views, is popular with dog walkers, joggers, mums and dads with kids in strollers and those looking to step away from the hustle and bustle of the city for a moment of peace and quiet.
There’s also a dedicated Emaar community management portal (thegreensandview.ae) for owners and residents.
Location
Haider Tuaima, head of real estate research for ValuStrat, says that “location is key”, noting that The Greens’ lifestyle focus, transportation access and developer credentials collectively make it a great place to live. The development was originally marketed for sale and on a rent-to-own basis. Many existing occupants are long-term residents or landlords.
While newer developments are also vying for investor capital, the appeal of this verdant community has endured. Says Tuaima: “Some investors go for more established developments, while other prefer new developments. There’s definitely a market for both. Given its excellent location and connectivity options, The Greens enjoys a low price-to-rent ratio of 13.1 years, and a generous net yield of 5.1 per cent, with potential long-term capital gains.”
Current ValuStrat data puts annual rental rates at Dh69,250 for a studio with one and two-bedroom units at Dh82,013 and Dh122,426 respectively. Three-bedroom apartments rents average at a healthy Dh159,000.
The Greens offers solid investment potential, and a current average sales ticket size of just over Dh1.3 million.

Property snapshot

Rent
• A spacious 755-sq-ft unfurnished one-bedroom apartment in Al Alka 3 with external terrace and fitted kitchen, including white goods, is available for Dh75,000 per year
• A slightly larger (800 sq ft) furnished apartment in Al Dhafra 1 with a fab garden view is renting for Dh85,000.
• Al Thayyal 4 has a two-bedder unit with a study and private garden for Dh125,000 per year. It offers 1,439 sq ft of living space.
• Over at Al Samar 2, Dh140,000 will net you 1,417 sq ft comprising two bedrooms and a maid’s room plus fully fitted kitchen with appliances and relaxing pool view.
• Go full oasis living with three bedrooms, a study and great views at Al Jaz 4 where 2,001 sq ft is going for Dh165,000.
• At the very top end, families after the convenience of a four-bedroom, fully upgraded and furnished home will have more space than they know what to do with in a 2,475-sq-ft Al Jaz 1 apartment priced at Dh185,000.
Buy

• Invest Dh1 million in a tenanted 740-sq-ft one-bedroom apartment in Al Ghozlan 2 with walk-in closet, Jack-and-Jill style bathroom, quiet location, and attractive rental returns.
• Alternatively, Skai Residency, which is part of the Al Alka complex on Street 5 has a full-serviced 789-sq-ft one-bedder on offer for Dh1.125 million.
• Sleep soundly in a two-bedroom apartment with study in Al Dhafra 4 where 1,286 sq ft of space also features a distinctive L-shaped living room with balcony overlooking the pool and gardens for
• Dh1.8 million.
• Or add a little extra for a Dh1.9-million three-bedder in Al Sidir 3 with separate laundry room, although you’ll have to wait until the current tenant moves out in June.
• Another tenanted investment awaits at Al Ghaf 4 — a 2,475-sq-ft four-bedder with four bathrooms and study for Dh2.55 million. It is currently renting for Dh210,000 per year.

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