
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.
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.
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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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