DHA Islamabad is now selling a limited number of residential and commercial plots in DHA Phase 5 Islamabad, DHA Phase 3 Islamabad, and DHA Phase 2 Islamabad. These possession-ready residential and commercial plots will be sold on a first come first served basis. DHA Islamabad has not announced any deadline for this sale of plots. It will end soonest the available inventory of plots is completely sold. The DHA Property Exchange Islamabad is managing the sale of these residential and commercial plots in DHA Islamabad.
Where is DHA Phase 5 Islamabad located?
DHA Phase 5 Islamabad is situated along the Islamabad Expressway approximately 2 kilometers short of the T-Chowk where the GT Road joins. DHA Phase 5 Islamabad is located approximately 21 kilometers from Zero Point Islamabad. Travelling time by car varies from 30 minutes in very early morning or late-night to 1 hour 30 minutes in peak hours during the day. It is quite exhausting to commute between Islamabad city and DHA Phase 5 Islamabad for work daily 5 days a week. Nonetheless, a large population from DHA Phase 5 and DHA Phase 2 commutes daily to Islamabad city for work. Scroll down to the bottom to find out more about the market prices and how to contact DHA Islamabad for plot inquiries.
Residential and commercial plots for sale in DHA Phase 5 Islamabad
DHA Islamabad is selling a limited inventory of residential and commercial plots in DHA Phase 5 Islamabad. DHA Phase 5 Islamabad is still undergoing infrastructure development and does not have regular gas and water supply lines. Electricity is available to the residents of DHA Phase 5 Islamabad and gas cylinders and water tankers are arranged by DHA Islamabad to meet the gas and water needs of the residents as of June 2023. DHA Phase 5 Islamabad has a limited commercial activity providing essentials to the residents. Most residents must go outside DHA Phase 5 Islamabad for household shopping. The reason for the lack of commercial activity in DHA Phase 5 Islamabad is the low number of residents. Only about 18-20% of the possession-ready plots of DHA Phase 5 Islamabad have houses built-up. It will take another 5 years till the year 2028 that DHA Phase 5 Islamabad will have approximately 40-50% built-up residential area. Commercial activity will remain low till then.
What are the prices of residential plots in DHA Phase 5 Islamabad?
DHA Phase 5 Islamabad is still an under development residential phase. However, the prices of residential plots in DHA Phase 5 Islamabad are comparable to DHA Phase 2 Islamabad. The reason is the much smaller residential plot inventory of DHA Phase 5. Another reason is the more scenic landscape of DHA Phase 5 Islamabad. The smaller area of DHA Phase 5 Islamabad gives it an exclusive and relaxed outlook in comparison to the larger and denser DHA Phase 2 Islamabad. As of June 2023, DHA Phase 5 Islamabad has a built-up residential area of less than 20%. The yearly increase in the capital value of the property in DHA Phase 5 Islamabad is incremental and not to be expected to see major jumps in the short to medium term. Buying residential plots in DHA Phase 5 Islamabad is not an investors’ market because of the full payment terms and the settled price base. Buyers wanting to build a home in DHA Phase 5 Islamabad are the most likely customers. Investing to get rental income is also a weak proposition due to the full payment term on mature price points. DHA Phase 5 Islamabad has residential plot sizes of 5 marla, 8 marla, 10 marla, and 1 kanal. The sale price of 5 marla plot in DHA Phase 5 Islamabad ranges from PKR PKR 1.15 Crore to PKR 1.5 Crore. The sale price of 8 marla plot in DHA Phase 5 Islamabad ranges from PKR 1.7 Crore to PKR 2 Crore. The sale price of 10 marla plot in DHA Phase 5 Islamabad ranges from PKR 1.9 Crore to PKR 2.4 Crore. The sale price of 1 kanal plot in DHA Phase 5 Islamabad ranges from PKR 3 Crore to PKR 4 Crore.
Read more about investing in commercial and residential plots in DHA Phase 2 Islamabad.
What are the prices of commercial plots in DHA Phase 5 Islamabad?
The commercial layout of DHA Phase 5 Islamabad is very different from the scattered commercial pockets in DHA Phase 2. DHA Phase 5 has two main commercial zones; A central commercial square and a long commercial strip along the DHA Expressway that leads to DHA Phase 6 Islamabad. Both the commercial zones have entirely different commercial dynamics. There is a much smaller inventory of commercial plots that falls within residential blocks.
The residential block based commercial plots mostly come in sizes of 4 marla and 5 marla. The prices for 4 marla and 5 marla commercial plots range from 2.7 crore to 3.5 crore.
Prices of commercial plots in the central commercial zone are slightly higher. A commercial plot of 4 marla size in central commercial zone of DHA Phase 5 Islamabad is priced between 3.2 crore to 5 crore. Commercial plots of 6 marla size cost between 6.5 crore to 7.9 crore in high visibility locations.
DHA Expressway Islamabad offers plots in sizes of 8 marla, 10 marla, and 12 marla. Price of a 8 marla commercial plot on DHA Expressway in DHA Phase 5 Islamabad ranges from 7.5 crore to 8.5 crore. Commercial plots of 10-11 marla, a little off the DHA Expressway, are priced in the range of 7 crore to 7.5 crore. A 12 marla plot, in many cases amalgamated 6 marla plots, is priced in the range of 12 crore to 16 crore.
The DHA Expressway in DHA Phase 5 Lahore is a futuristic commercial hub on the same lines as the Blue Area in Islamabad or the Sheikh Zayed Road in Dubai, UAE. A long stretch of high-rise commercial and mixed-use buildings catering to customers of DHA Phase 5, DHA Phase 6, and DHA Valley. The residents of DHA Phase 2 will also have direct access to DHA Expressway via an overhead bridge over the Islamabad Expressway. However, this is a long-term prospect and investors must approach it intelligently.
Pros and Cons of investing in residential and commercial plots of DHA Phase 5 Islamabad
Pros of investing in DHA Phase 5 Islamabad
- DHA Phase 5 Islamabad has plots ready for possession and construction of house or a commercial building.
- DHA Phase 5 Islamabad still has plots available on instalments that are undergoing development or are still not a few years away from getting developed. This means that investors or even potential residents may find it attractive to invest given the lower investment threshold. Further, these plots are only available from the open market.
- DHA Phase 5 Islamabad accessible for commuting to workplaces in Islamabad city. The expansion of Islamabad Expressway and development of interchanges have further smoothened but not resolved travelling between Islamabad city and DHA Phase 2.
Cons of investing in DHA Phase 5 Islamabad
- DHA Phase 5 Islamabad has less than 20% built-up residential spaces. This weakens the case for commercial investments.
- DHA Phase 5 Islamabad does not have access to municipal utilities supplies like water and gas.
- DHA Phase 5 Islamabad does not have a security wall around the housing society. The residents are still exposed to the risk of theft. Surrounding areas have villages and low-income settlements that may pose a threat to the residents of DHA Phase 5 Islamabad. Even though the DHA security patrols the area, it is impossible to keep vigilance on every movement without any barrier to the external surroundings.
- DHA Phase 5 Islamabad has no easy access to public amenities like parks, sports arenas, community club, cinema, clinical facilities, schools, and convenience shopping. Therefore, it is still not as convenient to live in DHA Phase 5 Islamabad.
- Buying a residential or commercial plot in DHA Phase 5 Islamabad requires full payment. For an investor this means blocking of a significant capital in a slow-moving property. Investors interested in capital value jumps or fast selling will not find the real estate market of DHA Phase 5 Islamabad suitable.
- DHA Phase 5 Islamabad is not ideal for people that commute daily to Islamabad city. Even though the expansion of Islamabad Expressway has made travelling more comfortable, the even increasing traffic load due to more housing societies along the Islamabad Expressway will not bring down the commuting time to 15 minutes like many would claim. Travelling time between DHA Phase 5 Islamabad and Islamabad city will remain in the range of 45 minutes up to 1.5 hours in peak times. This has a significant toll on petrol expenses and commute fatigue when done 5 days a week.
Who should buy a residential plot in DHA Phase 5 Islamabad?
The real estate investment market of DHA Phase 5 Islamabad is a competing market with DHA Phase 2 Islamabad. The major price jumps have passed so do not expect residential plot prices to increase dramatically. It is not a pure investor’s market. At this time in June 2023, buying a residential plot in DHA Phase 5 Islamabad is best suited to those families that want to build a family home in the Islamabad Capital Territory. The open-market for DHA Phase 5 Islamabad has residential plots on offer at trading prices. It does not make much sense for a pure investor to buy a residential plot in DHA Phase 5 Islamabad at full price from DHA Islamabad.
Who should buy a commercial plot in DHA Phase 5 Islamabad?
The commercial plot market of DHA Phase 5 has a long way to go before becoming commercially active owing to the very low population density of DHA Phase 5 Islamabad. The prices of commercial plots in DHA Phase 5 are still reasonably priced for holding when compared to DHA Phase 2 Islamabad. Investors that can hold for a minimum of 3-5 years may invest in the commercial plots of DHA Phase 5 Islamabad for a 30-50% return on their investment.
Share your opinion on investing in a residential or commercial plot in DHA Phase 5 Islamabad in the comments section below. You may also email us at info@gharmubaarak.com
