Price from
AED 730.9K
Starting price for Forest City 2.

New Launch
Forest City 2 in Wadi Al Safa 5 by HZ Development. Pricing from AED 730,900, completion Q2 2027.
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Data coverage
We publish what our pipeline can verify today. Gaps below are on the backlog.
Price from
AED 730.9K
Starting price for Forest City 2.
Completion
Q2 2027
Tracked completion target for Forest City 2.
Related projects
7
Nearby launches and other HZ Development projects.
Forest City 2 by HZ Development enters Wadi Al Safa 5 with a floor price of AED 730,900 and a Q2 2027 handover target — compact mid-market units in a district where competing launches cluster between AED 700K and AED 1.1M. With 37 tracked transactions already on record and a two-band unit mix spanning 60 to 87 square metres, the project targets yield-focused buyers and end-users priced out of more established corridors. The decisive selection question is whether HZ Development's delivery track record and Wadi Al Safa 5's infrastructure trajectory justify the entry ticket over nearby alternatives at comparable or lower per-sqm pricing.
Forest City 2 splits across two pricing bands that serve distinct buyer profiles. The first band covers 110 units ranging from AED 730,900 to AED 866,900 across 60.64 to 87.36 square metres — compact configurations that translate to AED 9,729 to AED 13,327 per sqm depending on floor and aspect. The second band runs 111 units priced from AED 996,900 to AED 1.08 million across 80.45 to 83 square metres, sitting toward the upper end of the per-sqm range. The wider footprint available in the lower band gives buyers flexibility on absolute ticket size versus usable area — a meaningful distinction for investors calibrating gross yield against acquisition cost rather than purely chasing the lowest entry number.
A 5% buyer-side fee applies on acquisition. On the AED 730,900 entry unit that adds AED 36,545 before Dubai Land Department transfer fees and registration costs, pushing total outlay above AED 800,000. Investors targeting rental yield should benchmark against Wadi Al Safa 5 mid-market rents — 1-bedroom apartments in the broader Dubailand corridor were achieving AED 40,000 to AED 55,000 annually in recent market conditions, placing gross yield on the entry unit at approximately 5.5% to 7.5% before service charge deductions. With 37 tracked transactions already registered, Forest City 2 carries genuine secondary market signal. That transaction count is modest but meaningful for an off-plan project at this stage — it indicates real buyer commitment rather than a paper launch, and provides a price discovery baseline for resale comparisons before handover.
Wadi Al Safa 5 sits within the Dubailand master plan, positioned between Emirates Road (E611) to the east and Mohammed Bin Zayed Road (E311) to the west. The district attracts off-plan developers because land costs remain materially lower than Business Bay, Jumeirah Village Circle, or Dubai Hills Estate, enabling entry pricing below AED 1 million for genuine 1-bedroom product. Infrastructure buildout is active but incomplete — schools, retail, and food and beverage density are improving, but the area does not yet match the ready amenity base of more established Dubai residential corridors. Buyers accepting a Q2 2027 handover are making a forward bet on continued infrastructure maturation.
Emirates Road connectivity gives the district practical access to Dubai Silicon Oasis, Academic City, and the Sharjah employment belt, making it relevant for tenants in the education and technology sectors. Global Village sits within 10 to 15 minutes during off-peak hours, adding short-term rental appeal for operators targeting the seasonal visitor window. The structural risk common to all Wadi Al Safa sub-districts is supply concentration: multiple off-plan projects are completing across a compressed geography, and a wave of simultaneous handovers in 2027 could soften both rental rates and resale premiums. Buyers comparing Forest City 2 against ready stock should weigh the capital lock-up period against the entry price discount before committing. The full competitive supply picture, infrastructure status, and area investment dynamics are detailed in the Wadi Al Safa 5 area guide.
HZ Development has established a focused pipeline in mid-market Dubai residential, with Forest City Tower as the most instructive precedent for Forest City 2 buyers. Forest City Tower is the developer's earlier project in the same submarket — examining its actual handover date against the stated timeline, post-completion transaction volumes, and secondary market pricing gives the clearest direct read on how Forest City 2 is likely to execute. This kind of track record verification is more reliable than brochure content, payment plan structure, or show-unit presentation as a developer quality filter.
Before committing to Forest City 2, buyers should request evidence of on-time delivery across HZ Development's completed portfolio and verify Dubai Land Department registration records for finished projects. A consistent DLD registration history and RERA escrow compliance record are the minimum quality benchmarks for any off-plan purchase in Dubai under current regulations — they do not guarantee delivery performance, but the absence of either is a disqualifying signal. If Forest City Tower's secondary market data shows units registering at or above launch price post-handover, that strengthens the Forest City 2 investment case materially. If units traded at a discount to launch, that introduces submarket supply risk or developer execution risk as variables that should adjust Forest City 2 return expectations. For structured guidance on how to assess developer track records and payment plan obligations under UAE off-plan property law, the buying process overview covers the key regulatory checkpoints.
Several active launches in and around Wadi Al Safa 5 compete directly with Forest City 2 for buyers targeting the sub-AED 1.1 million entry point in this corridor. Reef 995, Celesto 4, and Verdan1a 5 are the closest structural comparisons — all three sit within the same geographic cluster and target overlapping price bands. before deciding Forest City 2 exclusively, compare handover timelines, developer delivery records, payment plan shapes, and per-sqm pricing across all four. Entry price alone does not determine selection rank in a district with this concentration of simultaneous supply; payment plan cashflow and developer track record carry equal or greater weight when multiple launches are priced within 15 percent of each other.
Sports View 2 and Oasis Residences extend the comparison set for buyers open to adjacent sub-districts at similar price profiles. Sports View 2 offers tenant differentiation through sports amenity positioning, which can reduce void periods and support rental premiums in commodity supply markets. Oasis Residences competes on absolute ticket size and unit mix flexibility. The decisive differentiator across this entire cluster is not marketing amenity lists but developer delivery confidence and post-handover secondary market liquidity. Wadi Al Safa 5 investors who achieved above-launch exits in earlier cycles did so overwhelmingly in projects where the developer registered promptly with the DLD, maintained RERA escrow discipline, and handed over within one quarter of the stated date. Hold those three benchmarks as your primary evaluation filter across every competing launch before finalising any selection. For the full off-plan versus ready analysis and a complete breakdown of area supply dynamics, the Wadi Al Safa 5 overview is the recommended next step before any purchase decision in this district.

At AED 9,729 per sqm on the smallest units, Forest City 2 is priced in the mid-range for Wadi Al Safa 5 off-plan launches — not the cheapest in the district but not carrying a premium either. Several competing launches in the same corridor, including Reef 995, Celesto 4, and Verdan1a 5, are priced within 10 to 15 percent of this level. Buyers focused on entry price should compare per-sqm across all four before treating Forest City 2 as the default. Total acquisition cost matters more than headline price: the 5% buyer-side fee adds AED 36,545 on the entry unit before Dubai Land Department transfer fees are applied, pushing total outlay above AED 800,000 on a AED 730,900 selection. Run the full cost model before benchmarking gross yield.
From Q1 2026, a Q2 2027 target means roughly 15 months of committed capital before keys are issued. The structural risk in Wadi Al Safa 5 is simultaneous supply — multiple off-plan launches in the same corridor are targeting similar completion windows, and a concentrated handover wave can compress rental rates and resale premiums in a short period. Investors should model a conservative 3 to 6 month void period post-handover before assuming stable rental income, which materially affects gross yield projections. If you have flexibility on timing, the [off-plan vs ready comparison](/compare/off-plan-vs-ready) gives a structured framework for weighing locked capital against the discount embedded in pre-handover off-plan pricing.
The most reliable proxy is [Forest City Tower](/projects/forest-city-tower), HZ Development's earlier project in the same submarket. Check the Dubai Land Department transaction register for Forest City Tower's actual handover date against its original stated timeline, and review secondary market pricing post-completion. If units traded at or above launch price after handover, that signals healthy demand absorption and developer execution confidence. If they traded at a discount, that flags either submarket supply pressure or developer-specific execution risk — both of which should adjust your Forest City 2 return assumptions. RERA-mandated escrow compliance is a legal minimum under UAE off-plan regulations; actual delivery performance against timeline is the metric that determines investor outcomes in practice.

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