Faisalabad: Dawood Heights, which is a project of Dawood Group of Faisalabad and is being exclusively marketed and sold by Zameen.com, has created frenzy in the city’s real estate market due to its tempting investment prospects and up to 8% expected annual rental yield on commercial outlets. There are some strong reasons that back this claim and buyers seem to be aware of them.
Why Dawood Heights’ investors are in for a great deal?
The major reason behind the overwhelming response received for Dawood Heights is its ace location near Ghanta Ghar in Chiniot Bazar. The project is only such development in the vicinity of Ghanta Ghar that offers appropriately designed and aptly facilitated apartment units.
Property experts believe that with the construction of Dawood Heights, a new era of commercial and residential projects will begin in Faisalabad’s most commercially active business district, so much so that it will become a standard for all upcoming mixed use developments in the city.
An icon in the making
Upon completion, Dawood Heights will become the city’s tallest building. Currently, the 13-storey tall State Life Insurance Building is Faisalabad’s tallest building, while Dawood Heights is to have 16 storeys (including ground floor and lower ground floor). We are soon to witness a record getting broken and it is only logical to assume that hotshot real estate investors just cannot ignore these facts.
Read: Construction begins on Dawood Heights-Faisalabad
All Dawood Heights features that help it stand out among its competitors
Real estate developers and experts are aware of the fact the investors originally from Faisalabad have deep pockets but they make calculative moves when it comes to money matters. Dawood Heights was conceived by keeping all such aspects in mind where the developer isn’t just targeting the investors but offering the commercial and residential market of Faisalabad a glimpse of what they actually deserve.
Read: Dawood Heights-Faisalabad getting in shape to compliment growing retail needs of textile industry
More prominent of these features include:
- A TMA approved project
- Lies in the midst of city’s commercial hub
- Features underground car parking space
- The only project to attend to accommodation needs of businessmen
- Provides easy access to all major areas, developments and landmarks in the city
- Commercial outlets designed to meet modern day needs of tenants/buyers in search of better facilities
- A project set to change dynamics of Faisalabad’s real estate market
Quick look at Dawood Heights’ investment prospects
Dawood Heights is not an ordinary project and it is therefore not going to have an ordinary future. An investment made is bound to flourish and the claim is based on the ground reality. The price of land in this area is already high and so is the price of existing commercial units in plazas and buildings that were constructed decades ago and lack basic facilities like elevators, basement car parking, security arrangements and most of all, none of these is available on an instalment plan.
Based on the facts shared above, experts are certain that value of apartments and commercial units in Dawood Heights will increase by at least 40% in the next three years. Coming to rental yield prospects, which is the most alluring aspect of investing in commercial units, the current annual rental yield of commercial units in existing plazas in the vicinity of Dawood Heights is 8% and since Dawood Heights isn’t like any of these projects, expecting same rental yield for commercial units here is only modest.
How to book a unit in Dawood Heights?
Zameen.com is the official sales and marketing partner of Dawood Heights. If you agree with the information shared in this article and believe that investing here could bring you gains or meet your business requirements while the value of your property grows at the same time, you can reach out to us for more details by filling in the form available at this page.
For more updates on Dawood Heights-Faisalabad, stay tuned to Zameen News.