In 2019, Khamas Group completed Kappa Acca 3, a five-story residential complex located in Dubai South.
A variety of units are available for purchase and rental, including studios and one- and two-bedroom apartments. Some rentals come fully furnished and equipped with all of the necessary appliances, including semi-open-plan kitchens, balconies, ceramic tile flooring, and double-glazed panoramic windows.
The minimum size of a studio is 45 sq. m (481 sq. ft.), the minimum size of a one-bedroom apartment is 58 sq. m (625 sq. ft.), and the minimum size of a two-bedroom apartment is 86 sq. m (924 sq. ft.).
As part of Expo 2020, the Dubai South area was built in 2006, and later became the 'City of Tomorrow'. In addition to residential, commercial, and entertainment complexes, the area is adjacent to Al Maktoum International Airport. About 1,000,000 people lived there once it was completed.
A convenient location and well-developed infrastructure make it an ideal place to live for professionals working in local businesses and internationally.
The real estate in Dubai South is attracting foreign investors who are looking for a profitable investment. One-bedroom apartments are the most popular units in the area, with a return on investment of 6%. Apartments range in return on investment from 4.5% to 5%, depending on the number of bedrooms.
One-bedroom apartments start at AED 32,000 (USD 9,000) per year.
This price is valid for 2021 only