Distress Property, Price Reduced, Ready, Ready To Move In

Urgent Sale – 3BR Park View in Edison House | Wadi Al Safa 5 | Ready & Vacant | AED 1,380,000 | Reference TS

Ref: EDSON-WS5-3BR-1324-PKV-001

Arabian Gulf Properties

Wadi Al Safa 5, United Arab Emirates

Bedrooms

3

Down Payment

On Request

Handover Date

Ready – Completed December 2022
aed 1,380,000
Request_call
Description

Urgent Sale: Spacious 3BR Park View Apartment in Edison House, Wadi Al Safa 5, Dubai

Ready & Vacant | 1,324 Sqft | 3 Bathrooms | Park View | 2 Balconies | AED 1,380,000

This is a motivated seller urgent listing for a spacious 3-bedroom, 3-bathroom apartment with a beautiful park view in Edison House by Arabian Gulf Properties, DubaiLand Residence Complex, Wadi Al Safa 5, Dubailand, Dubai, UAE. The apartment is 1,324 sq ft — one of the most generously sized 3-bedroom configurations in the building — priced at AED 1,380,000 by a motivated seller who needs to transact quickly. At AED 1,042 per sq ft, this is an attractively priced entry for a ready, vacant, park-view 3-bedroom apartment in a completed building in one of Dubailand’s most accessible and family-oriented residential sub-communities. The building was completed in December 2022 and the unit is immediately available — no construction wait, no sitting tenant, no RERA notice period. The park view, two large balconies, open-plan layout, built-in wardrobes, modern kitchen, and covered parking make this a complete, move-in-ready home for a family or a rent-ready investment for an investor targeting Wadi Al Safa 5’s strong 3-bedroom rental demand.

Property Highlights

  • Project: Edison House
  • Developer: Arabian Gulf Properties
  • Community: DubaiLand Residence Complex, Wadi Al Safa 5, Dubailand, Dubai
  • Unit Type: 3 Bedroom Apartment
  • Size: 1,324 sq ft
  • Bathrooms: 3 (one per bedroom — en-suite or shared per standard layout)
  • View: Beautiful park view
  • Balconies: 2 large balconies
  • Kitchen: Open-plan fitted kitchen linked to living and dining
  • Wardrobes: Built-in wardrobes throughout
  • Windows: Panoramic stained glass windows — flood interiors with natural light
  • Lobby: Elegant lobby with high-speed elevators
  • Parking: Covered parking — 1 space per unit
  • Status: Ready — completed December 2022
  • Occupancy: Vacant — immediately available
  • Asking Price: AED 1,380,000
  • Entry Price per Sqft: AED 1,042/sqft
  • Nearest School: The Aquila School — 0.2 km
  • Projected Gross Rental Yield: 6.5%–8.3%
  • Ownership: Freehold — available to all nationalities

About Edison House

Edison House is a 12-storey contemporary residential development by Arabian Gulf Properties, located in DubaiLand Residence Complex, Wadi Al Safa 5, Dubailand. The project comprises 65 exclusive units — a deliberately small, boutique building size that creates a quieter, more community-oriented residential environment compared to larger high-rises. The building offers only 2-bedroom and 3-bedroom apartments, positioning it squarely as a family-oriented residence rather than a high-density investor tower. Construction began in October 2018 and was completed in December 2022. Each apartment is designed with an open-plan kitchen linked to the living and dining area, creating a generous communal space for families. Panoramic stained glass windows fill each room with natural light while framing the park and community views. Built-in wardrobes in natural materials are fitted throughout. The elegant lobby and high-speed elevators reflect the building’s contemporary standards. A covered parking space is included per unit. The building was valued at AED 31,162,000 by the Dubai Land Department at project completion — confirming Arabian Gulf Properties’ delivery and registration record with Dubai’s primary regulatory authority.

Community and Lifestyle — Wadi Al Safa 5 / DubaiLand Residence Complex

  • DubaiLand Residence Complex is one of Dubailand’s most established and actively developing sub-communities — a freehold residential zone that combines mid-rise apartment buildings with community parks, retail outlets, and a rapidly expanding amenity base
  • The Aquila School is 0.2 km from Edison House — an extremely short walk that makes this building one of the most school-proximate addresses in Wadi Al Safa 5 for families with school-age children
  • Lycée Français International Georges Pompidou is 0.6 km away — rated ‘Very Good’ by Dubai’s inspection authorities
  • DESS College (rated ‘Outstanding’) and GEMS FirstPoint School (rated ‘Very Good’) are within the broader Wadi Al Safa 5 school catchment — an exceptional concentration of quality international schools for a mid-market residential community
  • Wadi Al Safa 5 is served by Sheikh Mohammed Bin Zayed Road (E311) — providing direct highway access north to Downtown Dubai (~23 minutes), south to Expo City and Al Maktoum Airport (~35 minutes), and east to Al Ain
  • Dubai Land Residence Complex is adjacent to Liwan and The Villa communities, with Arabian Ranches accessible within approximately 15 minutes
  • A Dubai Metro Blue Line extension is planned to provide direct metro connectivity to Dubailand — a future infrastructure upgrade that is expected to drive further capital appreciation in the E311 corridor
  • The area consistently records strong tenant demand for 3-bedroom family apartments from families seeking school-proximate addresses at a more accessible price point than Dubai Hills Estate or Arabian Ranches
  • 3-bedroom apartments in DubaiLand Residence Complex achieve annual rents of approximately AED 90,000–115,000 per year — implying a gross yield of 6.5%–8.3% at AED 1,380,000

Amenities

  • Infinity swimming pool with views of the surrounding area
  • Fully equipped gymnasium with modern fitness machines
  • Yoga area and outdoor recreation zone
  • Indoor sports courts
  • Landscaped gardens and park within the community
  • Children’s play area
  • Business centre
  • Retail outlets within the building and community
  • Lobby and concierge with 24-hour security
  • High-speed elevators
  • Covered parking (1 space per unit)
  • The Aquila School (0.2 km)
  • Lycée Français International Georges Pompidou (0.6 km)
  • DESS College ‘Outstanding’ (nearby)
  • Supermarkets, clinics, and pharmacies within the broader DubaiLand Residence Complex

Layout and Floor Plan

Edison House 3-bedroom apartments have a standard area of 1,315 sq ft including a 141 sq ft terrace. This unit is 1,324 sq ft — marginally larger than the standard configuration, consistent with a slightly elevated or preferred floor position within the 3-bedroom stack. The layout centres on an open-plan kitchen fully linked to the living and dining area — creating a large, unified communal space ideal for families. Each of the three bedrooms has access to its own bathroom (one per bedroom as per the building’s standard). Two large balconies extend the living area outdoors, with the park-facing orientation delivering green, open views rather than a road or building outlook. Built-in wardrobes in natural materials are fitted in all bedrooms. Panoramic stained glass windows maximise natural light on both the living areas and bedrooms. The exact floor, unit position, and floor plan are available on request quoting reference EDSON-WS5-3BR-1324-PKV-001.

Investment Potential

Edison House is positioned in DubaiLand Residence Complex — one of Dubailand’s most family-active rental sub-communities, driven by proximity to a cluster of quality international schools and the area’s value-for-money positioning relative to more premium Dubai family communities. 3-bedroom apartments in the DubaiLand Residence Complex achieve annual rents of approximately AED 90,000–115,000 per year. At AED 1,380,000 and an annual rent of AED 90,000, the gross yield is 6.5%. At AED 115,000/year, it rises to 8.3%. This yield range is strong for a ready, completed 3-bedroom family apartment. The park view, school proximity (Aquila at 0.2 km), building quality, and generous 1,324 sqft size support above-average rents within the DubaiLand Residence Complex competitive set. The planned Dubai Metro Blue Line extension — targeting connectivity to Dubailand — is a future capital appreciation catalyst that is not yet priced into most buildings in the area, representing additional long-term upside.

Acquisition Costs

This is a ready, completed secondary market resale. No construction installments apply. On transfer: DLD 4% (~AED 55,200 on AED 1,380,000), trustee fee (~AED 4,200), and buyer agency ~2% (~AED 27,600). Total all-in acquisition cost: approximately AED 1,467,000. Mortgage financing is available for this ready completed apartment from UAE banks. Contact our team for lender options and pre-approval assistance. Cash transactions typically complete within 2–3 weeks from signed MOU to title deed.

Location and Connectivity

  • The Aquila School: 0.2 km — walking distance
  • Lycée Français International Georges Pompidou: 0.6 km
  • Sheikh Mohammed Bin Zayed Road (E311): approximately 5 minutes by car
  • Downtown Dubai / Dubai Mall: approximately 23 minutes by car
  • Dubai International Airport (DXB): approximately 24 minutes by car
  • Arabian Ranches: approximately 15 minutes by car
  • The Villa Community: approximately 5 minutes by car
  • Liwan: adjacent community
  • Falcon City of Wonders: approximately 5 minutes
  • Dubai Hills Estate: approximately 20 minutes by car
  • GEMS Winchester School: approximately 1.7 km
  • Palm Jumeirah: approximately 34 minutes by car
  • Al Maktoum International Airport (DWC): approximately 35 minutes by car
  • Expo City Dubai: approximately 35 minutes by car

Why Buy This Edison House Apartment Now

  • Urgent motivated seller — priced to transact: The seller needs to exit quickly and has priced at AED 1,380,000 for a swift transaction. This is not a test-the-market price — the seller is committed to selling and responsive to serious buyers
  • AED 1,042/sqft — attractive entry for a ready park-view 3BR: At AED 1,042/sqft for a completed, ready, park-view 3-bedroom apartment in a quality boutique building, this is a competitively priced entry compared to newer off-plan launches in the corridor at AED 1,200–1,400/sqft
  • Vacant — immediate occupancy or rental income: No sitting tenant, no RERA notice period. Move in or place a tenant from the day of title deed transfer — typically 2–3 weeks from signed MOU for a cash buyer
  • The Aquila School at 0.2 km — strongest tenant demand driver: A quality school within 200 metres of a family apartment is among the most powerful tenant demand drivers in any Dubai residential community. Families specifically select addresses within walking distance of their school — this proximity is a durable, year-round occupancy advantage
  • 1,324 sqft — generous for the area: Many competing DubaiLand 3-bedroom apartments offer 1,000–1,150 sqft. Edison House’s 1,324 sqft (plus two balconies) delivers materially more internal space — supporting above-average rents relative to smaller competing units
  • Park view — lifestyle and rental premium: Park-facing units consistently command AED 5,000–15,000/year more in annual rent versus road-facing or community-facing equivalent units. The park view is a permanent, unbuilt-on outlook that benefits the unit on a long-term basis
  • 6.5%–8.3% gross yield: At AED 90,000–115,000 annual rent, the yield on AED 1,380,000 is 6.5%–8.3% — well above the Dubai residential average and strong for a family apartment in this location
  • Dubai Metro Blue Line future catalyst: Planned metro connectivity to Dubailand will significantly improve commute times and rental appeal for the entire Wadi Al Safa 5 corridor — a capital appreciation driver not yet reflected in current pricing
  • Boutique building — 65 units only: With only 65 total units, Edison House is a small, community-oriented building with quieter common areas and a stronger sense of community than high-density towers — a preference actively sought by family tenants
  • All-in below AED 1.5M: Total acquisition cost of approximately AED 1,467,000 is below AED 1.5M — one of the few ready, vacant park-view 3-bedroom family apartments available at this total cost in Dubai’s current market

Frequently Asked Questions (FAQs)

What is the asking price and is this a distress sale?

The asking price is AED 1,380,000. This is an urgent sale by a motivated seller who needs to transact quickly. The price of AED 1,042/sqft is competitively set below current off-plan launches in the Wadi Al Safa corridor (typically AED 1,200–1,400/sqft for new projects) for a completed, ready, park-view 3-bedroom apartment in a quality boutique building. The seller is not testing the market — they want a fast, clean transaction.

Is the property ready and can I move in immediately?

Yes. Edison House was completed in December 2022 and the unit is fully vacant. There is no sitting tenant, no existing lease, and no RERA notice period required. The buyer can move in or list for rental immediately upon completion of the title deed transfer — typically 2–3 weeks from a signed MOU for a cash buyer.

Who is the developer of Edison House?

Edison House is developed by Arabian Gulf Properties — a Dubai-based real estate developer. The project was registered and valued by the Dubai Land Department at AED 31,162,000 and was completed in December 2022, confirming the developer’s delivery record and the building’s full DLD registration status.

What is the size and layout of this 3-bedroom apartment?

1,324 sq ft — one of the largest 3-bedroom configurations in Edison House (the standard 3BR is 1,315 sqft). The layout includes an open-plan kitchen fully linked to the living and dining area, three bedrooms each with bathroom access, two large balconies, and built-in wardrobes. Panoramic windows throughout maximise natural light. The park-facing orientation delivers green, open views from the living areas and bedrooms. Full floor plan on request.

What does the park view mean for this apartment?

The apartment faces the community park — delivering a green, open landscape outlook rather than a road, building facade, or urban vista. Park-view units consistently achieve AED 5,000–15,000+ more per year in annual rental income versus equivalent road-facing or community-facing units, and tend to attract families who specifically seek the outdoor space and natural light that a park outlook provides.

How close is The Aquila School?

The Aquila School is 0.2 km from Edison House — within a 2–3 minute walk. This proximity is among the closest school-to-building distances in Wadi Al Safa 5 and is a primary reason why families seeking 3-bedroom accommodation actively prefer this building. Families who can walk their children to school place a measurable premium on this proximity when selecting a rental property.

Is this freehold and can any nationality buy it?

Yes. Wadi Al Safa 5 / DubaiLand Residence Complex is a designated freehold zone in Dubai. All nationalities can purchase with 100% ownership rights. At AED 1,380,000, the purchase qualifies the buyer for a UAE 2-year property investor visa.

What amenities does Edison House offer?

Infinity swimming pool, fully equipped gymnasium, yoga area, outdoor recreation zone, indoor sports courts, landscaped gardens and community park, children’s play area, business centre, retail outlets, lobby and concierge, 24-hour security, high-speed elevators, and covered parking (1 space per unit). Within the broader community: The Aquila School (0.2 km), Lycée Français International (0.6 km), DESS College (Outstanding), GEMS FirstPoint School (Very Good), supermarkets, clinics, pharmacies, and cafes.

What are the total acquisition costs?

AED 1,380,000 + DLD 4% (~AED 55,200) + trustee fee (~AED 4,200) + buyer agency ~2% (~AED 27,600) = approximately AED 1,467,000 all-in. Mortgage financing is available — contact our team for pre-approval support.

What rental yield can I expect?

3-bedroom apartments in DubaiLand Residence Complex achieve annual rents of approximately AED 90,000–115,000. At AED 1,380,000, these rents deliver a gross yield of 6.5%–8.3%. The park view, Aquila School proximity (0.2 km), generous 1,324 sqft size, and two balconies position this unit toward the upper end of the rental range — supporting above-average occupancy and faster tenant placement versus smaller or road-facing competing units.

Floor Plan

Edison House 3-bedroom apartments have a standard area of 1,315 sq ft including a 141 sq ft terrace. This unit is 1,324 sq ft — one of the largest 3-bedroom configurations in the building. The layout includes an open-plan kitchen fully linked to the living and dining area, three bedrooms each with its own bathroom (one per bedroom), two large balconies, built-in wardrobes in all bedrooms, and panoramic stained glass windows throughout. The park-facing orientation delivers open green views from the living area and bedrooms. The terrace and balcony areas extend the usable outdoor living space. The exact floor level and unit position are available on request.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24x7 Security
24x7 Security
Balcony
Balcony
Built-in Wardrobes
Built-in Wardrobes
Children's Play Area
Children's Play Area
Covered Parking
Covered Parking
Downtown Dubai
Downtown Dubai
Fitted Kitchen
Fitted Kitchen
Gym
Gym
Jogging Track
Jogging Track
kids play area
kids play area
Landscaped Garden
Landscaped Garden
Outdoor cinema
Outdoor cinema
Park View
Park View
Parking Area
Parking Area
RETAIL OUTLETS
RETAIL OUTLETS
Security service
Security service
Shared Gym
Shared Gym
Shared Pool
Shared Pool
Swimming Pool
Swimming Pool
Yoga Area
Yoga Area

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