Amaris Tower
✓ Resale Available

Amaris Tower

From AED 1.22M·Completed Jul 2024·100% down payment Payment
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AED 1.22M
Starting Price
Jul 2024
Handover
100% down payment
Payment Plan
Retail · 1 BR
Type

Project Overview

Amaris Tower is a residential project by Al Wazan Group, presented by Synergy Properties, located in Jumeirah Village Circle, Dubai. The complex comprises three basement levels, a ground floor, and eighteen residential floors. The architecture follows a contemporary urban style with clean façades, vertical glazing elements, and a refined architectural composition. The project features apartments with one and two bedrooms. Interiors are designed in a light neutral palette with natural tones and modern finishing materials, creating a balanced and functional living space. Residents benefit from a swimming pool with a relaxation area and sun loungers, a landscaped terrace, a children’s play area, and a gym. Additional communal spaces are designed for leisure and social interaction. The location provides convenient access to Al Khail Road and Sheikh Mohammed Bin Zayed Road, as well as to the area’s developed infrastructure, allowing easy connectivity to key districts of Dubai.

Project Specifications
DeveloperAl Wazan Group
LocationJumeirah Village Circle (JVC)
Unit TypesRetail, 1 BR, 2 BR, Apartments, Commerce
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 52,600 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,373
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 79,235 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Amaris Tower launch basis1,354AED 1.22MCurrent launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Amaris Tower official render 1

Amaris Tower official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Al Wazan Group.

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Payment Structure

100% down payment

Flexible Payment

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Floor Plans

Amaris Tower — 1 Bedroom Floor Plan

Amenities & Lifestyle

Kids Play Area
Leisure areas
Lift
Lobby
Pool Deck
Recreational areas
Resting Areas
Shared Pool
Shared gym
Sitting Area
Social zone
Walking paths

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Amaris Tower by Al Wazan Group

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,219,000

04

Unit mix includes Retail, 1 BR, 2 BR, Apartments

05

Expected handover: Jul 2024

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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