Waha Living by Al Yakka at Jumeirah Garden City, Dubai

The economic appeal of Waha Living derives from its positioning as a central location with “easy-to-absorb” inventory. Jumeirah Garden City (Al Satwa) is a highly accessible city location, and the development is positioned close to major demand drivers and has access to the metro through World Trade Centre Metro Station within about a 10-minute walk. Such positioning is normally supportive of sustained end-user interest and makes the development easier to position in the leasing market due to the end-users' emphasis on commute convenience and proximity to major city districts.

The unit mix also enhances liquidity potential. Studios and 1-bedroom apartments are most suitable for the broadest tenant base in central Dubai—professionals and couples—while 2-bedroom apartments enhance flexibility for small families and longer-stay residents. With a total of only 71 apartments, Waha Living retains a boutique supply profile, which may assist in distinguishing it from larger schemes and retaining the demand in a limited pool of available units.

In terms of the buyer’s planning, the 40/60 payment scheme with 2 years post-handover can also be considered from a positive perspective: it allows a substantial amount of the payment to be made post-handover, giving the buyers more flexibility in terms of moving in or leasing out the units. With lifestyle facilities that are extremely “rentable” in terms of day-to-day decision-making, such as the pool, gym, decks, and kids’ play areas, the units at Waha Living are marketed as convenient for both personal and future tenant living without being too aggressive.