
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Al Jazi launch basis | 2,500 | AED 2.25M | Current launch / asking basis |
| MJL (Madinat Jumeirah Living) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| MJL (Madinat Jumeirah Living) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |














Al Jazi official render 1

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Astraterra Properties
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MJL (Madinat Jumeirah Living)
Al Jazi by Meraas Developer
Located in MJL (Madinat Jumeirah Living)
Starting from AED 2,250,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Sep 2025
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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