Dubai’s property scene is often dominated by big-ticket, ultra-luxury developments. But not everyone is chasing the skyline. Dugasta Properties is redefining the narrative—championing affordable quality living, mid-market accessibility, and investor-friendly models that truly stand out.
A Legacy Reimagined
While Dugasta Properties may seem new, it’s rooted in a legacy. The developer builds upon the foundation laid by its predecessor, City Properties, backed by over 30 years of experience in property management, leasing, and real estate services. Today, they oversee over 7,000 units across Dubai.
Founded by Tauseef Khan, a seasoned civil engineer who arrived in the UAE in 1991, Dugasta combines deep industry roots with innovative, value-driven ambitions.Under the dynamic leadership of CEO Azaan Khan, the company launched its brand identity and investor-focused campaigns—aiming to make quality homes accessible to middle-income families.
Innovative Offerings: Affordability Meets Assurance
Al Haseen Residences: A Game-Changer
Dugasta’s flag-bearing project, Al Haseen Residences near Al Maktoum International Airport, represents its ethos in action. Here’s what makes it stand out:
- 8% annual guaranteed rental return for the first five years—delivered via quarterly cheques totaling 40% of the property’s value.
- Zero service charges during the same period.
- A buy-back option after five years if investors wish to exit.
Studios start at approximately AED 342K, with two-bedroom options around AED 1.1M—well below the average for such strategic locations.
Expanding Horizons
The developer is rolling out a robust pipeline valued at AED 1.5 billion, backed by more than 3,000 agents to fuel sales.
A range of off-plan and upcoming projects broadens their reach:
- Moonsa Residences Phase 2 (International City) — launch price ~AED 543K, delivery Q4 2026
- Astra South (Dubai South) — ~AED 579K, delivery Q1 2026
- Al Haseen Residences Phase 3 & Phase 4 — from ~AED 477K and ~AED 569K, delivery anticipated in 2026–2027
- Terra Tower (Dubai Land) — ~AED 634K, delivery Q2 2027
Investment Model Highlights
- Guaranteed ROI of 8% to even 10% per annum for up to 10 years.
- No service charges for extended periods.
- Flexible plans, such as 10/50/40 payment structures and post-handover options.
- Possible Golden Visa eligibility for foreign investors in qualifying freehold locations.
Investor Feedback: Balanced Insights
Here’s what buyers are saying online:
“I had a lot of questions too… you get 10% for the first five years. No maintenance or any other fee. So net ROI is 10%…”
— A Reddit user confirming the developer’s claim, while noting skepticism.
Another supporter shared:
“As an early investor… I can vouch for them… I have received the post-dated cheques… and things are moving fine.
But there’s caution too:
“Guaranteed ROI is never guaranteed… Unless they give you post-dated cheques I would not rely on any legal recourse.
“When someone offers you triple the market interest… there IS a risk. You are getting paid for that risk.
These testimonials underscore the importance of understanding both the promise and the potential pitfalls.
Why Dugasta Matters
- Differentiation Through Value
Dugasta appeals to investors and families seeking affordable residences with built-in returns—a model uncommon in mid-market property segments. - Trust Amid Innovation
Backed by decades of property management, the company brings credibility to its ambitious offers. - Strategic Location Play
Projects in International City, Dubai South, and near Al Maktoum Airport tap into future-ready zones with growth potential. - Flexible Financial Structures
Tailored payment plans and rental guarantees ease entry barriers for diverse buyers—especially new investors or residents.
Considerations for Prospective Buyers
- Read Contracts Carefully: Scrutinize terms around ROI, service charges, escrow, and buy-back clauses.
- Track Record & Market Trends: Assess developer reliability and neighborhood appreciation trends.
- Plan for Off-Plan Risks: Delays or market shifts can impact returns—understand your exit strategy.
- Verify Approvals: Confirm escrow account details and regulatory compliance to ensure safeguards.
Conclusion
Dugasta Properties embodies the intersection of affordability, design, and investor-centric innovation in Dubai’s real estate. From Al Haseen Residences to international city experiments like Moonsa Residences and Astra South, the brand offers compelling value propositions.
For investors, the guaranteed rental returns, no service fees, and buy-back options are attractive incentives. For homebuyers, Dugasta proves there are quality living options outside mega-luxury budgets. But as always, due diligence and prudence are essential.
Dugasta may still be the new name—but with decades of legacy behind it and ambition ahead, they’re poised to redefine what affordable, trustworthy real estate can look like in Dubai.