Forest City 2 by HZ Development, developer's renderOff-plan · Freehold
Dubailand Residence Complex · Dubai

Forest City 2

by HZ Development · handover Q3 2027

AED 721Kstarting price today
AED 1,077registered per sq ft
63sales in 12 months
194units
Q3 2027Planned handover
HZ DevelopmentDeveloper
194Units registered
Registered, not startedConstruction
FreeholdOwnership
3727DLD project number
About the project

Forest City 2, in plain numbers.

Forest City 2 is an off-plan residential project by HZ Development in Dubailand Residence Complex (Wadi Al Safa 5), Dubai. It is registered with the Dubai Land Department as project 3727, a b + g + 13 floors + roof scheme, with works dated from June 2025. Handover is planned for Q3 2027. 194 units are registered, mostly one-bedroom homes of about 861 sq ft and Studio homes of about 646 sq ft. The register shows 66 sales since October 2025, 63 of them in the last twelve months, at a median of AED 1,077 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 11% under ready resales in the area
  • 63 registered sales in 12 months
  • Keys in 2027

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Forest City 2.

Units by type from the Land Department's register, the prices they have sold at, and what the developer has on offer today (23 Sept 2026).

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ftOn offer today
Studio51646 sq ft17AED 636,8881,13513 from AED 721K
1 bedroom103861 sq ft23AED 904,8881,11121 from AED 997K
2 bedrooms271,399 sq ft15AED 1,442,8881,0495 from AED 1.52M
3 bedrooms131,765 sq ft8AED 1,682,0919532 from AED 1.92M

Matched to the Land Department project Forest City 2 (project no. 3727).

Payment plan

How you pay.

  1. 10%
    On booking4% DLD + 3500 AED Admin Fees
  2. 10%
    October 202610% of the price, about AED 72K on the starting price
  3. 10%
    December 202610% of the price, about AED 72K on the starting price
  4. 5%
    February 20275% of the price, about AED 36K on the starting price
  5. 10%
    April 202710% of the price, about AED 72K on the starting price
  6. 5%
    June 20275% of the price, about AED 36K on the starting price
  7. 10%
    August 202710% of the price, about AED 72K on the starting price
  8. 40%
    On completion40% of the price, about AED 288K on the starting price

The developer also offers Payment Plan 2 (for studio, discount 7%) and Payment Plan 3 (for 1 BR, discount 7%); ask for the details.

Payment plan as published by the developer. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Forest City 2 actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,077median per sq ft, last 12 months
63sales registered in 12 months
66sales registered in total, since October 2025
-13%against ready homes in Wadi Al Safa 5 (AED 1,231 per sq ft)
9009501,0001,0501,1001,1501,2001,250 2025 Q4: AED 1,085 per sq ft, 23 sales2026 Q1: AED 1,079 per sq ft, 18 sales2026 Q2: AED 1,079 per sq ft, 17 sales2026 Q3: AED 978 per sq ft, 5 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 00002318175 sales
9009501,0001,0501,1001,1501,2001,250 2025 Q4: AED 1,085 per sq ft, 23 sales2026 Q1: AED 1,079 per sq ft, 18 sales2026 Q2: AED 1,079 per sq ft, 17 sales2026 Q3: AED 978 per sq ft, 5 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 00002318175 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
18 Sept 2026Studio457AED 546,2491,196Off-plan
14 Sept 20263 B/R1,766AED 1,671,893947Off-plan
13 Aug 20263 B/R1,766AED 1,499,110849Off-plan
20 Jul 2026Studio653AED 702,8881,077Off-plan
3 Jul 20263 B/R1,766AED 1,725,888978Off-plan
8 Jun 20261 B/R866AED 989,4151,143Off-plan
25 May 20262 B/R1,399AED 1,410,4621,008Off-plan
12 May 2026Studio653AED 666,3921,021Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Dubailand Residence Complex, Dubai Land Residence Complex, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Forest City 2 handed over?

The developer plans handover for Q3 2027. Launch dates can move, and we track the registered progress for you.

Who is the developer of Forest City 2?

HZ Development (registered as Al Helal Al Zahaby Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 3727.

What is the payment plan for Forest City 2?

10% on booking, 10% october 2026, 10% december 2026, 5% february 2027, 10% april 2027, 5% june 2027, 10% august 2027, 40% on completion. We confirm the current plan in writing before you reserve.

What is the price per square foot in Forest City 2?

Registered sales over the last 12 months have a median of AED 1,077 per sq ft, against about AED 1,231 for ready homes in Wadi Al Safa 5.

Can foreigners buy in Forest City 2?

Yes. Forest City 2 is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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