Home / Properties / Hammock Park

Hammock Park

Wasl Gate , Dubai

AED 625,000
≈ AED 625,000
Construction Progress41%
Bedrooms
Studio
Size
394 sqft
Price/Sqft
AED 1,586
Developer

Description

Divine One Group launches Hammock Park, offering premium studio, 1 and 2-bedroom apartments in Wasl Gate Dubai. This prestigious residential development combines lavish interiors, unrivalled amenities and contemporary architecture, setting a new standard for upscale living in the city. Hammock Park provides easy access to Sheikh Zayed Road, which allows easy access to world-class shopping destinations, vibrant entertainment hubs and pristine beaches.

The project offers a variety of resort-style amenities to cater to diverse lifestyles. Whether you're relaxing by the pool or watching a movie under the stars at the outdoor beach cinema, Hammock Park provides an exceptional lifestyle experience.

Amenities & Features

Gym or Health Club
Swimming Pool
Jacuzzi
Kids Play Area
Barbeque Area

Property Details

Property TypeApartment
ProjectHammock Park
CommunityWasl Gate
CompletionOff-Plan - Q1 2027
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 625,000
DLD Fee (4%)AED 25,000
Trustee FeeAED 4,200
Agency (2%)AED 12,500
Total InvestmentAED 666,700

Expected Annual Returns

Expected Annual RentAED 43,750
Service Charges (Est)-AED 5,910
Net Annual IncomeAED 37,840
Net Annual ROI5.7% (after expenses)
Payback Period17.6 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa25.1 km
Dubai Mall25.4 km
Dubai Airport (DXB)35.9 km
Mall of the Emirates13.6 km
Dubai Marina6.7 km