New investment location in Dubai

The webinar featured the Stamn One residential development in Jumeirah Garden City—a new freehold zone launched a year and a half ago. The speaker was the Head of Sales for the Samolet Plus division in Dubai.

Location and growth potential

Jumeirah Garden City is located along Sheikh Zayed Road in the very center of Dubai, just 5–7 minutes from Burj Khalifa and Dubai Mall, opposite the World Trade Centre, and adjacent to the DIFC financial district with over 10,000 offices. La Mer and Jumeirah Beach are approximately a 15-minute walk away. Nearby established areas such as City Walk and DIFC offer properties priced at AED 3,500–4,000 per sq. ft, while in Jumeirah Garden City the current average is around AED 1,800—roughly half the price. Since the zone opened 18 months ago, prices have already increased by 12%.

Developer and project

Stamn One is being developed by a Chinese developer founded in 1993, with a portfolio of over 150 residential buildings and 65 shopping centers. The project comprises 7 floors and just 77 units, including studios, one-bedroom, and two-bedroom apartments; two-bedroom units are already sold out. Apartment sizes range from 43 to 96 sq.m, with studio prices starting from AED 850,000 (approximately $231,000).

Specifications and pricing

Apartments are delivered fully turnkey, featuring natural stone and wood finishes, a fully fitted kitchen with appliances, a smart home system, and a parking space. Buyers only need to furnish the apartment, with soft furnishing costs starting from approximately $1,350 for a studio. Amenities include an infinity pool, a Technogym-equipped gym, a yoga studio, a meditation space, and a children’s playground. Project completion is scheduled for Q1 2027. Several payment plans are available: 40–40–20 or 30% upon booking and 70% upon handover.

Returns

A comparable studio in a completed building within the same area rents for around AED 90,000 per year on a long-term basis, delivering a net yield of 9–10% annually. Minimum capital appreciation upon resale is estimated at AED 200,000. The optimal exit strategy is after handover, when forced sellers leave the market and prices reach their peak.