Al Waleed Gardens Phase 2: Apartments in Al Jaddaf from AED 456,000
Al Waleed Gardens Phase 2 is a residential apartment development by Al Waleed Real Estate, located in Al Jaddaf, a mid-market district in Dubai sitting between the Creek and Business Bay. The project covers three unit types spanning from studios to two-bedroom apartments, with pricing that reflects each category clearly.
Al Jaddaf: What the Location Delivers
Al Jaddaf sits on the Dubai Creek, roughly 10 minutes by car from Downtown Dubai and Business Bay. The Green Line metro runs through the district, giving residents direct access to DIFC, Dubai Healthcare City, and Dubai Mall without needing a car. Al Khail Road connects the area to the wider city quickly.
The neighborhood is a mix of residential towers, healthcare facilities, and waterfront green space. It is established enough to have functioning infrastructure but priced below the Downtown core. Rental demand draws from healthcare workers at Dubai Healthcare City and corporate employees in Business Bay, making it a practical hold for investors who want proximity to employment hubs without paying Downtown rates.
From AED 456K to AED 1.46M: What the Spread Means
The price range is wide: AED 456,000 to AED 1,456,000. That gap reflects three distinct unit types.
At the entry level, studios come in at around 447 sq ft, starting at AED 456,000. These suit solo buyers or investors targeting the rental market at minimum capital commitment.
One-bedroom apartments start at AED 920,360, with approximately 809 sq ft. A professional couple or a single buyer needing more space than a studio sits here.
Two-bedroom units reach 1,378 sq ft, starting from AED 1,456,000. At that figure in Al Jaddaf, this is the upper end of mid-market for the district. The buyer is typically a family or an investor holding for stronger rental yields per unit.
What the Building Offers Day-to-Day
| Category | Amenities |
|---|---|
| Fitness | Gymnasium, Shared Pool |
| Work & Living | Business Centre, Smart Home |
| Outdoor & Social | Barbecue Area, Children's Play Area |
| Safety | Security |
Seven amenities cover the essentials and a few extras. The business centre suits residents who work remotely or run a small business and want a dedicated workspace without leaving the building. The smart home feature stands out at this price point. In a project starting from AED 456,000, smart home integration signals a more considered fit-out than typical mid-market developments.
The children's play area and barbecue space show the project targets families and community-minded residents, not purely solo investors.
Construction and Delivery
Construction began in February 2023, with an expected completion date of December 2023. That date has passed, and the project is likely delivered or very close to it. Buyers entering now are not committing to a lengthy off-plan wait.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| At handover | 40% |
The 20% down payment aligns with Dubai market norms. The structure splits the remaining balance evenly between the construction period and handover. The 40% due at handover is the largest single payment in the schedule. No post-handover installment plan applies, so the full commitment closes at the point of taking possession.
For investors, this is a clean structure. Once handed over, the unit is fully paid and available to rent immediately.