Forest City 2 Dubailand: High Growth Opportunity with Metro & Academic City Nearby

🏆 Project of the Week by Alnair & For You Real Estate

🚨 Forest City 2 by HZ DEVELOPMENT — project in Dubailand Residence Complex (DLRC)

Forest City 2 is a 13-storey residential complex with fully furnished apartments located in Dubailand Residence Complex, an area with high long-term development potential.

Completion: Q2 2027

📈 Why consider this project:

• Forecasted price growth — up to +25% by 2027

• +23% growth in average price per sqft over the last year

• +11% growth in average rental price over the last year

• By 2030, the area will have a metro line, which will increase rental demand

• Nearby is Academic City — an educational hub with 28 universities and only two dormitories. Thousands of students will be seeking housing near their studies every year, and DLRC is the closest point.

• Nearby Silicon Oasis — a technology hub with 450+ companies and a growing demand for housing for professionals

• Limited competition — only a small portion of land in DLRC is allocated for apartments, while the rest is for villa communities or other projects

📊 Current rental yields:

• Studio — 38,000 AED

• 1BR — 53,000 AED

• 2BR — 70,000 AED

💰 Starting prices:

• Studio — 599,999 AED

• 1BR — 880,000 AED

• 2BR — 1,385,000 AED

• 3BR — 1,680,000 AED

📈 Current ROI: 6.0%| Expected at handover: 7.8%

🧮 ROI Example (Studio):

( 38,000 / (628,998 + 4,550) ) x 100% = 6.0%

Projected: ( 50,000 / (628,998 + 4,550) ) x 100% = 7.8%

(We took 50,000 AED as the estimated rent, considering full furnishing of apartments and a 9% rental increase over the past 12 months for studios in DLRC, plus the planned area development.)

💸 Resale example in 3 years (+25%):

🔹 Purchase price incl. taxes and fees: 628,998 AED

🔹 Sales price at handover: 749,998 AED

🔹 Owner’s costs (NOC): 5,500 AED

🔹 Net profit: 116,000 AED

🔹 Gross price growth: 25%

🔹 Net profit margin: 18.4%

✅ Takeaway:

• An excellent opportunity to enter a project in an area that is actively developing

• The project is located near Academic City and Silicon Oasis, which ensures rental demand

• By 2030, a metro station will be located near the project

• Suitable both for resale and long-term rental