Dubai, UAE — KHK Real Estate Development has launched “KHK 31,” a new residential project in Dubai’s Al Warsan district, in partnership with consultancy On Plan Real Estate.
The mid-rise scheme, registered with the Dubai Land Department, adds fresh stock to an area that has been evolving from an industrial fringe into an emerging residential community offering comparatively affordable pricing and improving infrastructure.
The KHK 31 Al Warsan Dubai apartments arrive at a time when off-plan sales continue to drive transaction volumes across the city, with primary market deals accounting for more than half of luxury and upper-mid-tier activity in 2024, according to market research by firms such as Knight Frank and CBRE.
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For yield-focused buyers, particularly from India and other South Asian markets, the project’s pricing and payment structures align with a broader shift toward income-generating assets in communities outside Dubai’s traditional prime districts.
Project Details And Pricing
The KHK 31 Al Warsan Dubai apartments will offer studio and one-bedroom units, with studios starting at AED 495,000 and one-bedroom units from AED 795,000, according to the developer.
Prices position the scheme in Dubai’s mid-market bracket, above some of Al Warsan’s entry-level resale stock but below core prime areas, where average transacted prices can be several times higher per square foot.
Consultant Ahmed Al Dawla, Chairman of On Plan Real Estate, stated: “We are proud to officially launch the ‘KHK 31’ (KHK 31) project, the newest icon in the portfolio of a developer boasting a solid legacy stretching back to 2002.”
The company said the development is officially registered and approved by the Dubai Land Department, a factor that typically reassures end users and overseas investors about escrow protection and project oversight.
Payment Plans, Returns And Timelines
According to the developer, the KHK 31 Al Warsan Dubai apartments are being offered with three payment structures: “Full Cash” into the escrow account, a 50/50 plan, or an “easy payment scheme” of 20% down followed by 1% monthly until handover.
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Handover is scheduled in about 18 months, shorter than some of the longer off-plan cycles seen in peripheral locations and potentially attractive for buyers seeking quicker income generation.
Al Dawla said projected returns on the project range from 8% to 9%, which is broadly in line with gross yields in several emerging and affordable communities on Dubai’s outskirts, including parts of Al Warsan and International City.
While yields depend on future rents, area analysis platforms such as DXB Interact and major portals indicate that relatively low entry prices have underpinned robust investment demand in these corridors.
Developer Track Record And Design
Eng. Khaled Karimeh, Chairman of KHK Real Estate Development, said the launch builds on a legacy of more than 180 completion certificates for major real estate projects, including 40 projects executed fully within Al Warsan under his supervision.
The company said this history has helped create a distinct brand identity for KHK properties among repeat buyers seeking delivery reliability and construction quality.
Karimeh added that KHK has “meticulously tailored its business models to ignite investor passion, delivering innovative real estate products that masterfully blend engineering precision with an insightful investment vision to guarantee the highest lucrative returns.”
Eng. Mohammed Al Khamisi, General Manager of KHK Real Estate Development and Al Hizami Contracting, said the KHK 31 Al Warsan Dubai apartments “represent a qualitative addition to Dubai’s real estate landscape,” citing a design that “seamlessly integrates contemporary elegance with absolute luxury” and includes amenities such as infinity pools, gymnasiums and landscaped areas.
Al Warsan’s Growing Appeal and Indian Investor Angle
Al Warsan, located near International City and major arterial roads, has been transitioning into a mixed-use neighborhood with apartments, villas and community facilities, and is viewed by many brokers as one of Dubai’s more affordable freehold options for expatriates.
Recent area data show average ticket sizes below citywide benchmarks, with investors often targeting rental demand from service-sector employees and mid-income families.
For Indian buyers, who remain among the largest foreign investor groups in Dubai real estate and deployed an estimated AED 30 billion in the emirate’s property market in 2024, mid-priced off-plan projects such as the KHK 31 Al Warsan Dubai apartments can offer a relatively low capital outlay with potential for both rental income and capital appreciation over the medium term.
Flexible payment plans, the ability to leverage property-linked residency options, and the prospect of participating in Dubai’s wider population and infrastructure growth plans are likely to keep such launches on the radar of non-resident Indian investors and end users.
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