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DLD · MEDIAN 12M TO JUL 2026
La Clé Retail

Commercial Retail

La Clé Retail

PriceFrom AED 3,000 PSF
HandoverQ2 2027
DeveloperMaaia
LocationAl Furjan

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Property

La Clé by Maaia

Location: Al Furjan, Dubai

Al Furjan is a Nakheel master-planned community in Dubai's south-western corridor, positioned between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. It is a low-density, family-oriented district with a well-established residential population, its own metro station, parks, schools, clinics, and a growing network of retail and F&B outlets.

The community is characterised by a mix of villa clusters and mid-rise apartment buildings, producing a consistent daily footfall of residents, commuters, and visitors that sustains independent ground-floor operators.

What gives Al Furjan particular medium-term relevance is its proximity to Al Maktoum International Airport — the planned expansion of which is expected to substantially increase population density and commercial activity across the entire south-western Dubai corridor over the coming decade. For a retail operator or investor entering now, that trajectory is a meaningful component of the investment case.

La Clé occupies a prominent position within Al Furjan, with its ground-floor retail frontage facing the community street network — a location that captures both resident foot traffic and vehicle movement along one of the district's primary boulevards.

Project Overview

A Boutique Design-Led Residential Tower with Ground-Floor Retail

La Clé is a 7-storey residential development by Maaia — a real estate developer with a European design sensibility and an approach centred on high-end finishes, nature-connected aesthetics, and community-driven living. The building contains just 56 apartments across three bedroom configurations, making it a genuinely low-density building relative to the wider Al Furjan apartment stock. That selectivity — in unit count, in finish quality, and in resident profile — directly benefits a ground-floor retail operator seeking a captive audience with above-average spending capacity.

The building's design draws the outside in: large-format glazing, integrated greenery on balconies and podium levels, and a curved façade language that reads as design-conscious from the street. The ground-floor retail benefits from this visibility — the building presents well to passing traffic and the retail frontage is architecturally framed rather than incidental.

Two retail units are currently available for sale, both delivered shell and core, with handover scheduled for Q2 2027.

Building Configuration

  • Structure

    • G + 2P + 7 Residential Floors + Roof

  • Ground Floor

    • 2 retail units with community-facing frontage
    • Main residential lobby

  • Podium Levels (2 Floors)

    • Resident parking
    • Podium-level amenity deck with pool and landscaping

  • Residential Floors (1st–7th)

    • 1BR, 2BR, and 3BR apartments across 7 floors

  • Rooftop

    • Resident amenity level

  • Residential Mix (56 Total Units)

    • 1 Bedrooms: 7 units | 802–1,253 sq. ft.
    • 2 Bedrooms + Maid's/Study Room: 42 units | 1,111–2,335 sq. ft.
    • 3 Bedrooms + Maid's + Pool: 7 units | 1,995–3,888 sq. ft.

Retail Overview

  • Availability: 2 ground-floor retail units available for sale
  • Unit Sizes: 1,336.80 sq. ft. to 2,067.65 sq. ft.
  • Starting Price: From AED 3,000 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
  • Payment Plan: 30/70
  • Handover: Q2 2027
  • Condition: Shell & Core
  • View: Community
  • Access: Direct street-level entry
UnitSizeFloor
Retail 1 1,336.80 sq. ft. Ground
Retail 2 2,067.65 sq. ft. Ground

Payment Plan — 30/70

Instalment%Milestone
Booking 10% Immediate
Down Payment 10% Within 30 days from booking
1st Instalment 5% August 2026
2nd Instalment 5% December 2026
Final Instalment 70% On completion (approx Q2 2027)

***5% VAT applicable on retail purchase.

***4% DLD pre-registration fee applicable on purchase. AED 5,250 Admin Fee (inclusive of VAT).

Project Amenities

  • Infinity Pool with podium deck
  • Kids' Pool
  • Yoga Garden
  • Fully Equipped Gymnasium
  • Kids' Play Area
  • Covered resident parking (2 podium levels)
  • Landscaped podium and balcony greenery throughout

Design & Finishes

  • Curved contemporary façade with integrated greenery — strong street presence and visual identity
  • Warm, nature-led interior palette with premium material selections throughout
  • Fully fitted kitchens with Bosch branded appliances and built-in storage across all residential units
  • Large-format glazing and floor-to-ceiling windows — interiors designed to draw in natural light
  • Smart layouts across all unit types, with maid's room and study provisions in 2BR and 3BR units
  • 3BR units include private pool — positioning the building's upper tier residents in an owner-occupier bracket
  • Signature lobby with high-quality finishes and organic material detailing

Views

  • Retail 2 faces the community — the Al Furjan residential street network, producing direct pedestrian visibility from the boulevard
  • The curved glazed frontage of the building ensures the retail unit is visually prominent to approaching vehicles and foot traffic
  • The podium's landscaped greenery frames the building's base and creates an appealing context for ground-level operators

Location

Al Furjan: A Connected Community on Dubai's Growth Corridor

Al Furjan is one of Dubai's most consistently active residential communities. Its population base is stable, established, and continuing to grow as later-phase apartment developments complete. The community supports a broad retail ecosystem — from daily convenience to dining and wellness — and the demand profile across these categories is well-evidenced by the number of independent operators that have built sustainable businesses here.

The Al Furjan Metro Station provides direct metro access to the Red Line, connecting residents to Dubai Marina, JLT, and the wider city network. Festival Plaza and Ibn Battuta Mall are both within 10 minutes, meaning the community's primary retail spend is largely captured locally rather than dispersed to more distant centres. That local retention is positive for a standalone ground-floor operator.

The longer-term case rests on the Al Maktoum International Airport expansion. When operational at scale, the airport is expected to generate significant population and commercial growth across Jebel Ali, Al Furjan, Discovery Gardens, and the broader southern corridor — a structural tailwind for retail operators already positioned in the area.

Connectivity
  • Sheikh Zayed Road (E11): 15 minutes — Dubai's primary arterial
  • Sheikh Mohammed Bin Zayed Road (E311): Direct access — links to Business Bay, Downtown, and Dubai South
  • Al Furjan Metro Station: 10 minutes
  • The Gardens Metro Station / Ibn Battuta Metro Station: 10 minutes
Proximity to Landmarks
  • Within 10 minutes: Al Furjan Metro Station, Ibn Battuta Mall, The Gardens Metro Station, Festival Plaza, Jumeirah Lake Towers (JLT), Jebel Ali Free Zone, Expo City Dubai
  • Within 15 minutes: Sheikh Zayed Road, The Beach JBR, Palm Jumeirah, Dubai Media City, Mall of the Emirates, Dubai Hills Mall
  • Within 20 minutes: Palm Jebel Ali, Canal District
  • Within 25 minutes: Business Bay, Downtown Dubai, Dubai International Airport, Al Maktoum International Airport

Two shell and core units — at 1,336 sq. ft. and 2,067 sq. ft. — in a boutique, design-led building with a low residential unit count and a near-term handover give an operator or investor meaningful flexibility: one unit for a smaller-format concept, both together for a single operator requiring a larger combined footprint, or each held independently for tenant placement at a price point that reflects the building's quality positioning rather than the broader Al Furjan average.

Illustrative model

Scenario modeller

Set your own assumptions and see how La Clé Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Handover
Q2 2027

As stated on this listing, and the developer’s estimate rather than a guarantee. Rent and the service charge both start at handover, so set the time-to-handover field below to match it.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

La Clé — Al Furjan, Dubai

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