Verified
Off-Plan
Initial Sale
1 / 13
AED
1,526,742
Est. Payment AED 0/mo
2 beds
2 baths
1,154 sqft
California Residences, California Village, Dubai, UAE
Investment Strategy - Flip on Handover
Type
Apartment
Purpose
Sale
Furnishing
Unfurnished
Updated
11th October 2026
Completion Status
Off-Plan
Payment Plan
54/46
Handover
Q1 2028
Developer
GFH Real Estate
Project Name
California Residences
California Residences — This 2BR Flip Strategy
Unit: 1,154 sqft | Purchase: AED 1,526,742
Entry Price: ~AED 1,322/sqft
Payment Plan: 40% during construction + 60% on handover
Handover: Q4 2028
📈 Target Exit: AED 1,700/sqft
Estimated value:
1,154 × AED 1,700 = AED 1,961,800
Potential gross profit:
AED 1,961,800 − AED 1,526,742 = AED 435,058
Capital paid before handover: ~AED 610,697
Investment Thesis
You enter at ~AED 1,322/sqft, while surrounding/new communities are already commanding AED 1,600+/sqft. If California Residences reaches AED 1,700/sqft by Q4 2028, the unit could generate approximately AED 435K gross capital appreciation.
Strategy: Buy → build equity → resell before/on handover at a premium.
Posted on: 7th October 2026
Validated Information
Developer
GFH REAL ESTATE L.L.C
Ownership
Freehold
Balcony Size
210 sqft
Parking Availability
Yes
Usage
Residential
Mortgage Calculator
UAE Residency Status
AED
AED
%
Years
%
Monthly Payment
AED 0
Principal
AED 1,221,394
Interest
AED 0
Total Loan Amount
AED 0
0%100%
Interest
Principal
Building Information
Building Name
California Residences
Floors
13
Retail Centres
5
Swimming Pools
1
Parking Spaces
394
Building Area
730,299 sqft
Elevators
7
Project Information
Project Name
California Residences
Developer
GFH REAL ESTATE L.L.C
Project Status
Active
Completion
2%
Last Inspected
September, 2026
Handover
April, 2028
Source: Dubai Land Department (DLD)
Map View
California Residences, California Village, Dubai, UAE
More Info
Zone Name
Wadi Al Safa 4
Registered Agency
A I M REAL ESTATE BROKERS L.L.C
RERA
12454
Reference ID
6775-yWV1KM
BRN (DLD)
59446
Permit
To know more about the rules and regulations visit the Land Department Website.
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