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Al Garhoud

Development guide

Al Garhoud area of Dubai commonly known as simply Garhoud is a smart mix of residential and commercial real estate units located on the border of "two worlds", the Old and New Dubai,having incorporated all the best of both. Most popular and oldest hotels in Dubai such as Al Bustan Rotana, Le Méridien Dubai, Millennium Airport Hotel stand here side by side with newer hospitality magnets like Jumeirah Creekside Hotel.

Location

Moving over Garhoud Bridge connecting two emirates, Dubai and Sharjah, will lead you to this old, but quite charming area of ​​Dubai, located between major neighboring entertainment centers Deira City Centre and Dubai Festival City. To improve the transport situation in the area Dubai authorities have constructed two additional interchanges on the way from Bur Dubai to Deira/Garhoud side (Business Bay Crossing and the Floating Bridge). Just a few kilometers away from the Dubai International Airport location gives Gahoud an important advantage in terms of investment in real estate with high possible ROI due to higher rents and great demand from tenants. The area has its own GGICO Metro Station, while a developed bus network allows easy access to areas of Jebel Ali, Bur Dubai, Deira and Mirdif.

Facilities

As in any Old Town urban area, in Garhoud you’ll always find enough places to go to and well developed facilities at place to satisfy all your needs. A number of different recreation, sports and entertainment units in Garhoud make living here a comfortable experience. The first in the list of the district’s main attractions is Dubai Tennis Stadium hosting Dubai Duty Free Open Tennis Championships from February to March, as well as other major events, concerts, etc.

You can also find a lot of entertainment options in two huge shopping malls located in the neighborhood — Deira City Centre and Dubai Festival City providing all possible leisure opportunities from shopping to cinema. Great food, music and ambience are available for visitors in another iconic local attraction, The Irish Village pub, well-known all over Dubai.

There are also plenty of membership options at multiple commercial centres and hotels surrounding the district. Working out in a gym and lap-swimming in the half-Olympic-size pool, as well as relaxing in a spa is always a nice way of spending time at The Aviation Club. Educational institutions in the area are represented by many well-established schools with great reputation like Cambridge International School, Al Mawakeb School or Grammar School.

Real Estate

Hospitality units, suites, apartments and villas — property sales offers in Garhoud area are quite various and numerous. The older housing stock makes local housing more attractive from a certain point of view, for apartments and villas here are often more spacious and sensibly constructed than apartments in New Dubai.

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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management