Al Jazi — project image
✓ Resale Available

Al Jazi

From AED 2.25M·Completed Sep 2025·Developer payment plan available Payment
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AED 2.25M
Starting Price
Sep 2025
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

Al Jazi, a project by the renowned Meraas Company in Dubai, belongs to the premium segment and is a group of four buildings connected by a common basement level. Each of the buildings has a ground level and nine residential floors. The buildings are designed in classical Arabian style, and the interiors in the residences are presented in a modern style with first-class finishing in warm colors. The adjacent territory of the complex is literally buried in greenery. The total number of apartments in the complex is 378 units. Apartments are presented with 1-4 bedrooms, have private balconies or terraces, dressing room, separate bathroom and storage. Apartments with 2-4 bedrooms will have a separate room for staff. All residences are carefully designed in terms of convenience and practicality in everyday life. The complex is located opposite the famous Burj Afl Arab hotel, made in the form of a sail. This is the view from part of the apartments in the Al Jazi residential complex. On the common area is located key infrastructure of the complex, including comfortable recreation areas, swimming pool, fitness studio, playground and a large number of green areas. Social and commercial infrastructure is also well developed. In walking distance there are kindergartens, supermarkets, cafes and restaurants and many other objects necessary for a comfortable life.

Project Specifications
DeveloperMeraas Developer
LocationMJL (Madinat Jumeirah Living)
Unit Types1 BR, 2 BR, Apartments
AreaMJL (Madinat Jumeirah Living)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 97,088 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,838
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.03M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Leisure areas
Lift
Outdoor parking
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

MJL (Madinat Jumeirah Living)

Developer and Project Facts

01

Al Jazi by Meraas Developer

02

Located in MJL (Madinat Jumeirah Living)

03

Starting from AED 2,250,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Sep 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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