Garden City 2

TL;DR: Garden City 2 by ASAS Real Estate is a contemporary 9-storey residential mid-rise in Jumeirah Garden City (Al Satwa), one of Dubai's most centrally located emerging communities — just 1.2 kilometres from DIFC, 2.1 kilometres from La Mer Beach, and 2.5 kilometres from City Walk. Developed by ASAS Real Estate, a subsidiary of Sharjah Islamic Bank established in 2007 with over 50 million square feet of properties sold across the UAE, Garden City 2 offers 1-bedroom to 3-bedroom apartments starting from AED 1.3 million with a structured 20/40/40 payment plan. The building includes ground-floor commercial outlets and sits just 200 metres from Jumeirah Garden City Park, within a rapidly transforming masterplan community that now hosts over 171 commercial outlets, 31 restaurants, and multiple parks across its 9-million-square-metre footprint.

Jumeirah Garden City: The Masterplan

Jumeirah Garden City represents one of Dubai's most significant urban transformation stories. Originally announced in January 2008 by Meraas Holding (now part of Dubai Holding) as an AED 350 billion mega-project featuring dramatic skyscrapers designed by Adrian Smith + Gordon Gill Architecture, the concept was substantially revised following the 2008 Global Financial Crisis. The 2016 revised masterplan reimagined the district as a medium-density, mixed-use neighborhood built on an accessible grid layout — a pragmatic evolution that has proven remarkably successful.

The community spans approximately 9 million square metres of total land area, with a built-up development program of 14 million square metres distributed across 12 distinct districts and 192 planned building developments. The masterplan targets a residential population of 50,000 to 60,000 residents, with a deliberate building height limit of 8 floors for freehold plots that ensures a human-scale urban environment. Freehold plots were sold to private developers from 2016 onward, with the first building works commencing in 2017 and initial completions by 2019. By 2021, approximately 50 buildings had been completed with 25 more in various construction stages.

The community's maturation has accelerated substantially, with 2025 witnessing a surge of new project launches including Hyde Walk by IMTIAZ (delivered December 2025), Chelsea Gardens by ALAIA Developments (May 2025), Holm Developments' debut project (November 2025), and Aya by Palace Group (December 2025, completion 2027). Today, Jumeirah Garden City hosts 171 commercial outlets — including 31 restaurants, 5 supermarkets, 7 pharmacies, 16 mini marts, 20 men's salons, 19 ladies' salons, spa facilities, a pilates studio, and dental clinics — demonstrating the rapid evolution from masterplan to functioning urban community.

Location & Unrivalled Connectivity

Garden City 2's location in Al Satwa places it at the geographic heart of Dubai's most valuable real estate corridor. The community runs parallel to Sheikh Zayed Road (E11), Dubai's primary arterial highway, and sits directly opposite the Dubai World Trade Centre and DIFC — the Middle East's premier financial hub.

Verified Proximity to Key Destinations:

• DIFC (Dubai International Financial Centre): 1.2 km
• La Mer Beach / J1 Beach: 2.1 km (10-12 minutes)
• City Walk: 2.5 km (7-9 minutes)
• Downtown Dubai / Burj Khalifa: 3.0 km (8-11 minutes)
• Dubai Mall: 8-11 minutes
• Business Bay: 15 minutes
• Dubai World Trade Centre: Immediately opposite (across Sheikh Zayed Road)
• Dubai International Airport (DXB): 12-14 minutes
• Jumeirah Beach: 15-18 minutes
• Palm Jumeirah: 20-21 minutes
• Burj Al Arab: 19-21 minutes
• The Green Planet: 11 minutes
• Dubai Creek Harbour: 21 minutes

This central positioning means Garden City 2 residents live within a 15-minute radius of virtually every major Dubai destination — a connectivity advantage that few communities at comparable price points can offer. The proximity to DIFC is particularly significant for finance professionals, while the short distance to La Mer, City Walk, and Downtown Dubai ensures access to Dubai's premier dining, entertainment, and leisure destinations.

Transport Infrastructure: The World Trade Centre Metro Station on the Red Line is within close proximity, providing direct rail access across Dubai's Metro network. The Al Satwa Bus Station operates daily from 4:30 AM to midnight, with bus lines 32C, 55, 98E, X13, and X28 serving the area. Feeder buses F28 and F11 connect to World Trade Centre, Emirates Towers, and Financial Centre Metro stations. Sheikh Zayed Road (E11), Jumeirah Street, and Al Wasl Road provide multiple road options for motorists.

Developer Profile: ASAS Real Estate

ASAS Real Estate was established in 2007 as a wholly-owned subsidiary of Sharjah Islamic Bank (SIB), one of the UAE's largest Islamic financial institutions. Under the leadership of General Manager Engineer Ahmed Al Amiri and headquartered on Maliha Road in Sharjah, ASAS has grown into a comprehensive real estate company that has sold over 50 million square feet of diverse properties across the UAE — spanning residential land, commercial spaces, warehouses, buildings, schools, showrooms, offices, villas, and apartments.

ASAS operates under an integrated services model described as an "All In Package" — providing in-house sales, leasing, maintenance, property management, facility management, and valuation services. This vertically integrated approach, combined with Islamic economic principles governing the parent company's operations, ensures that purchasers benefit from comprehensive post-sale support and Sharia-compliant financing solutions through Sharjah Islamic Bank.

Notable ASAS Projects:

• ASAS Tower (Al Khan, Sharjah): 44-storey landmark tower with 608 residential units, offering 2-3 bedroom apartments with lagoon views and traditional Arabic design elements, achieving approximately 6% ROI
• Garden City 1 (Jumeirah Garden City): The predecessor to Garden City 2, a completed 9-storey residential building in the same community with ground-floor commercial outlets
• Al Qasimia City (Dubai-Hatta Road, Sharjah): Industrial and commercial land development with 1,366 plots, fully sold out
• Sajaa Industrial Lands (Sharjah): Large-scale industrial development
• SIB Tower and Waqf Al Qasimia University Tower (Al Khan, Sharjah): Residential towers with sea views
• Khorfakkan Resort (Sharjah): Coastal resort development currently in progress

Building Design & Unit Configurations

Garden City 2 is a 9-storey residential mid-rise building designed to complement the Jumeirah Garden City streetscape within the community's 8-floor height limit framework. The building follows a mixed-use design philosophy with ground-floor commercial outlets providing essential services to residents and contributing to the pedestrian-friendly urban environment that characterizes the broader masterplan.

The ground floor accommodates five commercial outlets currently hosting diverse businesses including restaurants (Cloud Gourmet, At Turath Al Maghribi), retail (Katrina Store), professional services (ASAS Real Estate's own operational office), and personal care (Hair Plaza). This commercial activation ensures that residents have daily convenience services accessible without leaving the building — a significant lifestyle advantage in Dubai's car-dependent urban landscape.

Residential Unit Configurations:

• 1-Bedroom Apartments: Starting from AED 1.3 million, featuring open-plan living and dining areas, fitted kitchens, master bedrooms with en-suite bathrooms, guest bathrooms, built-in wardrobes, and private balconies
• 2-Bedroom Apartments: Priced from approximately AED 2.15 million to AED 2.35 million, offering separate living and dining zones, two bedrooms with en-suite or shared bathrooms, fitted kitchens, and balcony access
• 3-Bedroom Apartments: Premium configurations including maid's rooms, spanning up to 1,714 square feet, averaging approximately AED 3.0 million — ideal for families requiring generous living space in a central location

All units feature contemporary interior finishes, practical open-plan layouts designed to maximize natural light and spatial efficiency, and private balconies that provide outdoor living space and cross-ventilation. The building's architectural design employs clean, modern lines consistent with Jumeirah Garden City's contemporary aesthetic standards.

Payment Plan & Purchase Process

ASAS Real Estate offers a structured, interest-free payment plan for Garden City 2:

• 20% Down Payment: Payable on booking
• 40% During Construction: Paid in milestone-linked installments aligned with construction progress
• 40% On Handover: Final payment upon completion and key handover

This 20/40/40 structure provides purchasers with significant capital efficiency, requiring only one-fifth of the property value upfront while deferring the majority of payments across the construction and handover timeline. All transactions are registered with the Dubai Land Department (DLD) under standard regulatory frameworks, with the 4% DLD registration fee applicable on transfer. Purchaser funds are protected through RERA-mandated escrow accounts as required by Law No. 8 of 2007.

Parks, Amenities & Community Lifestyle

Garden City 2 benefits from its position within Jumeirah Garden City's expanding network of parks and community amenities. The building is located just 200 metres from Jumeirah Garden City Park, with Jumeirah Garden City West Park and Central Park 2 both within 300 metres. These community parks feature walking trails, play structures, shaded picnicking areas, and landscaped green spaces that provide essential recreational facilities for families.

The broader masterplan includes plans for a major Dubai Park intended to be approximately half the size of Safa Park — roughly 32 hectares (80 acres) — which will provide a substantial green amenity for the community upon completion. Al Satwa Park, a 4-5 minute drive away, offers additional recreational facilities including basketball courts, volleyball pitches, jogging tracks, soccer pitches, tennis courts, and children's playgrounds.

Community-level amenities across Jumeirah Garden City include swimming pools within residential developments, gymnasiums and fitness centers (including BeatX Fitness and GymNation nearby), cycling tracks, jogging trails, broad pedestrian pathways, and children's play areas — collectively creating a walkable, active-lifestyle environment.

Schools & Education

• Lycée Français International Privé (AFLEC): KHDA-rated Outstanding, French curriculum — nearby
• Jumeira Baccalaureate School: KHDA-rated Very Good, IB curriculum — 1.8 km (10 minutes)
• Citizens School: UK curriculum — 2.0 km (8 minutes)
• Al Shorouq Private School: K-12 — 10 minutes
• GEMS World Academy: IB curriculum — nearby
• Dubai British School: UK curriculum — nearby
• Greenfield International School: IB curriculum — nearby

Healthcare

• Jumeirah Garden Medical Center: Within the community
• Aster Clinic (Emirates Towers): 6 minutes
• Medcare Hospital Al Safa: 13 minutes
• Aster Hospital Al Mankhool: 13 minutes
• Emirates Hospital Jumeirah: 16 minutes

Investment Analysis & Rental Yield Potential

Garden City 2 occupies a compelling position in Dubai's investment landscape, combining central-Dubai location fundamentals with pricing that remains accessible relative to established premium communities. Jumeirah Garden City's average property pricing — with studios around AED 1.1 million and 1-bedrooms from AED 1.2 million — positions the community as a value proposition for buyers seeking proximity to DIFC, Downtown Dubai, and the Jumeirah Beach corridor without the premium pricing those districts command.

Market Performance Indicators:

• Jumeirah Garden City gross rental yields: Approximately 4.89-8% depending on unit type
• Dubai-wide average gross yield: 6.31% (2025)
• Studios achieve highest yields (up to 8.25%)
• 1-bedroom yields average approximately 6.92%

Capital Appreciation Context: Dubai property values have surged approximately 57.9% since late 2020, with an 18% year-over-year increase in 2024 and steady 3.7% growth in Q1 2025. Values now sit approximately 17.4% above the previous 2014 market peak. Jumeirah Garden City's ongoing development pipeline — with new project launches continuing through 2027 — supports sustained capital appreciation as the community matures and amenities multiply.

The freehold ownership structure available to international investors, combined with Dubai's zero income tax, zero capital gains tax, and zero property tax environment, maximizes net returns for both rental income and capital appreciation strategies. UAE residency visa eligibility tied to property ownership thresholds provides additional incentive for international purchasers seeking both investment returns and lifestyle access to the UAE.