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Al Furjan District: Club Facilities as an Opportunity for Profitable Ownership

July 1, 2024
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Aerial view of Al Furjan's Villa Communities showcasing its residential charm

Greetings, esteemed investors and entrepreneurs! Today, I’m thrilled to share my professional insights on one of the hottest topics in Dubai’s real estate world – investment opportunities in club facilities within the Al Furjan district. As a seasoned real estate specialist, I continue to be amazed at how this area has transformed from a desert plot into one of the most promising locations for capital investment.

Al Furjan: From Sands to Prosperity

I remember, just a few years ago, driving past Al Furjan and seeing nothing but endless sands with occasional construction cranes on the horizon. Today, this district is a true oasis of modern architecture and comfortable living. The Al Furjan residential complex has become not just a place to live, but a territory of great opportunities for investors.

Since 2015, real estate prices in Al Furjan have shown impressive growth. Take, for example, a standard two-bedroom apartment. Its value has increased from 800,000 dirhams to 1.5 million dirhams by 2024. That’s almost a 90% increase in 9 years! And, trust my experience, this is far from the limit.

But let’s talk about what really interests you as investors – the club facilities in Al Furjan and their potential for profitable ownership.

Club Facilities: A Gold Mine for Investors

Investments in Dubai real estate have always been considered a reliable way to preserve and multiply capital. But club facilities in Al Furjan are a special category, a true diamond in the crown of investment opportunities.

What exactly are club facilities? These are not just apartments or villas. These are entire complexes offering an exclusive lifestyle. Imagine: your property not only generates rental income but also provides access to a range of premium services and amenities.

Various types of club facilities are now available in Al Furjan, from apartments in club residences (70 to 200 sq.m) to townhouses with club privileges (180 to 250 sq.m) and villas in gated club communities (300 to 600 sq.m). Prices for these properties range from 2 million dirhams for compact apartments to 15 million for luxurious villas. But don’t be intimidated by the numbers – let’s look at the potential profitability.

Profitability That Makes Your Head Spin

Investment property in Al Furjan is not just a fancy phrase. It’s real numbers that make many investors’ hearts race. Take, for example, a 100 sq.m apartment in one of the club complexes. The cost of such an object is now about 3 million dirhams. When rented out long-term, you can count on a monthly income of around 15,000 – 18,000 dirhams. This gives us an annual yield of about 6-7%.

But here’s where it gets interesting. Club facilities in Al Furjan are particularly popular for short-term rentals. With proper management and good occupancy (which is not a problem in Dubai), you can increase your income to 25,000 – 30,000 dirhams per month. Thus, the annual yield skyrockets to an impressive 10-12%!

And we haven’t even mentioned the potential for growth in the value of the property itself. Over the past 5 years, prices for club facilities in Al Furjan have increased by an average of 40%. If the trend continues (and all the prerequisites for this are in place), your investments could double in 5-7 years just due to the growth in asset value.

Amenities overview at the club facilities in Al Furjan

Events and Activities: The Engine of Your Income

One of the reasons why profitable property ownership in Al Furjan becomes a reality is the vibrant event life of the district. There’s always something happening here, and each event is a potential source of income for property owners.

Here are just a few examples of regular events that attract tenants and increase demand for short-term rentals: the annual “Taste of Furjan” food and music festival in October, the “Dubai Property Show” international real estate exhibition held twice a year, the “Furjan Run” sports marathon in February, and the “Furjan Art Nights” summer arts festival with weekly events from June to August.

During these events, rental demand skyrockets. Club facility owners can raise rental rates by 30-50% without risking losing clients. For instance, if your apartments usually rent for 1000 dirhams per day, you can easily raise the price to 1500 dirhams during the “Dubai Property Show”.

But it’s not just about big events. Club facilities in Al Furjan are attraction centers in themselves. They regularly host weekly brunches in club complex restaurants, monthly masterclasses from famous chefs, seasonal fashion shows in club boutiques, and regular golf and tennis tournaments on club grounds.

All this creates a constant flow of guests and tenants, providing a stable income for property owners.

Infrastructure: The Key to Investment Success

Investment opportunities in Dubai’s club facilities are not limited to the property itself. The district’s infrastructure plays a huge role, and in this regard, Al Furjan is a true gem.

Club complexes in Al Furjan offer world-class fitness centers (500 to 1000 sq.m), full-service spa salons, high-end restaurants (some with Michelin stars), Olympic-standard pools (50 meters long), tennis courts (both open and closed), children’s clubs with educational programs, and business centers with conference halls.

These are not just pretty words in a promotional brochure. These are real facilities that work 24/7 and generate income. For example, membership in a club fitness center can cost from 5000 to 10000 dirhams per year. Multiply this by the number of members (which can be several hundred), and you get an impressive amount of additional income, part of which goes to increase the value of your property.

But most importantly, this infrastructure is constantly developing and improving. Just in the last year, club complexes in Al Furjan have opened 3 new high-end restaurants, 2 premium-class spa centers, an indoor tennis court with air conditioning, and a children’s educational center with STEM programs.

Each such improvement is not just a new “feature” for residents. It’s a direct increase in the value of your property and its income potential.

Growth Prospects: Why the Future Belongs to Al Furjan

Real estate for investors in Al Furjan is not just a momentary opportunity to earn money. It’s a long-term strategy with enormous growth potential. And here’s why I’m confident about this:

Al Furjan is strategically located in the heart of new Dubai, in close proximity to key facilities such as Al Maktoum International Airport (15 minutes drive), Expo 2020 exhibition center (10 minutes drive), and Jebel Ali Business District (20 minutes drive). This means that demand for real estate here will only grow, especially considering the development plans for these areas.

In the next 5 years, several major infrastructure projects are planned in Al Furjan and adjacent areas, including the expansion of the metro line (completion in 2026), construction of a new shopping center with an area of 200,000 sq.m (opening in 2027), and creation of a technopark for startups (launch in 2028). Each of these projects could potentially increase the value of real estate in the area by 15-20%.

Al Furjan is becoming a pioneer in the field of environmentally friendly technologies. In the coming years, plans include installing solar panels on all club facilities (reducing utility bills by 30%), implementing a “smart home” system in all apartments (improving comfort and energy efficiency), and creating green zones and parks (increasing the area of green spaces by 40%).

These initiatives will not only improve the quality of life for residents but also make real estate in Al Furjan even more attractive to investors focused on sustainable development.

Visual depiction of the elegant lifestyle offered by Al Furjan's Villa Communities

Conclusion: Why Now is the Time to Invest in Al Furjan

In conclusion, I want to say: investing in club facilities in Al Furjan is not just a profitable investment of money. It’s a ticket to the future of Dubai, to its most dynamically developing district.

Let’s take one more look at the key advantages: high profitability (up to 12% per annum with short-term rentals), potential for value growth (40% over the past 5 years), developed infrastructure (from spas to business centers), strategic location (proximity to key Dubai facilities), and development prospects (new projects and green technologies).

But most importantly – it’s about timing. Al Furjan is now at the peak of its development. Real estate prices here are still attractive compared to more “promoted” areas of Dubai, but the growth potential is enormous.

As an investor and entrepreneur, you surely know: the best opportunities appear not when everything is already obvious, but when you can foresee the future. And the future of Al Furjan looks brighter than ever. Don’t miss your chance to become part of this success story.

 

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