Aliyah Residences — project image
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Aliyah Residences

From AED 1.70M·Completed Aug 2019·20% down payment Payment
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AED 1.70M
Starting Price
Aug 2019
Handover
20% down payment
Payment Plan
Retail · Commerce
Type

Project Overview

Aliyah Residences is a thoughtfully designed residential development by Azizi Developments, located in the Al Jaddaf area of Dubai. The building rises elegantly over fourteen residential floors, above a basement level, ground floor, and two podium levels. The development offers a wide selection of studios, as well as one- and two-bedroom apartments. Each residence features panoramic glazing, spacious terraces, and comes fully finished and furnished. The building is equipped with high-speed elevators, an automated waste disposal system, and centralized air conditioning. Residents benefit from a range of amenities, including 24-hour concierge service, covered parking, a shared swimming pool, a fully equipped gym, as well as sauna and steam rooms within the building. The landscaped surroundings feature a children’s playground, barbecue areas, and green gardens. The area features well-developed infrastructure, including world-class medical facilities, schools, supermarkets, boutiques, and various entertainment venues. Its proximity to Al Khail Road ensures excellent connectivity, with Al Khail Road just 1 minute away, Dubai Creek 2 minutes, Palazzo Versace Hotel 4 minutes, Al Jaddaf Waterfront 5 minutes, Dubai Healthcare City Metro Station 6 minutes, and both Dubai International Airport (DXB) and Downtown Dubai with Burj Khalifa reachable within approximately 7 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAl Jaddaf
Unit TypesRetail, Commerce
AreaAl Jaddaf
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 73,226 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,225
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 780,620 / 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 Azizi Developments.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Broadband Internet
Children’s pool
Concierge Service
Covered Parking
Kids Play Area
Leisure areas
Lift
Lobby
Outdoor parking
Park Access
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym
Social zone
Steam
Walking paths
Yoga Area
Zen Garden

Location

Aliyah Residences location map
Project location

Nearby Destinations

Al Jaddaf

Developer and Project Facts

01

Aliyah Residences by Azizi Developments

02

Located in Al Jaddaf

03

Starting from AED 1,697,000

04

Unit mix includes Retail, Commerce

05

Expected handover: Aug 2019

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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