Amaris Tower — project image
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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
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 52,600 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,373
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 560,740 / 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 Al Wazan Group.

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Payment Structure

100% down payment

Published payment summary

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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

Jumeirah Village Circle (JVC)

Developer and Project Facts

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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Property Enquiries

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

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