Avenue Park Towers
Off-Plan

Avenue Park Towers

From AED 2.12M·Handover Sep 2029·5% down payment Payment
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AED 2.12M
Starting Price
Sep 2029
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Avenue Park Towers is a luxury mixed-use development in Wasl 1, Dubai. The developer of the project is a well-known Wasl developer. The complex consists of two towers of 34 and 28 residential floors on a common podium of 5 levels of parking and 3 levels of commercial premises. Apartments with 1-3 bedrooms and duplexes with 3-4 bedrooms are available in the complex. The residences combine spacious layouts, elegantly designed interiors, high quality finishes and are equipped with kitchen appliances. The apartments feature panoramic glazing and views of Zabeel Park and the iconic Dubai Frame Tower. Residents of Avenue Park Towers can enjoy world-class infrastructure. The complex has swimming pools, children's play area, gym, sauna, lobby, recreation areas and barbecue areas, multi-purpose hall, charging stations for electric cars. The complex is under 24-hour security and video surveillance. Avenue Park Towers is conveniently located in the heart of the city - near Zabeel Park, Max Metro Station and Sheikh Zayed Road. The transport accessibility of the project provides comfortable connections to all areas of the city. From the complex to Downtown Dubai is about 10 minutes drive, to Dubai Marina - 15 minutes, to Dubai International Airport - 15 minutes, to Al Maktoum International - 40 minutes.

Project Specifications
DeveloperWasl
LocationAl Kifaf
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments
AreaAl Kifaf
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 91,425 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,506
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 137,721 / 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
Avenue Park Towers launch basis2,354AED 2.12MCurrent launch / asking basis
Al Kifaf ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Kifaf premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Avenue Park Towers official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Wasl.

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Payment Structure

5% down payment

Flexible Payment

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Floor Plans

Avenue Park Towers — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Broadband Internet
Central A/C
Children’s pool
Covered Parking
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Walking paths

Location

Al Kifaf

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al KifafAl KifafDubai, UAE

Developer Track Record

01

Avenue Park Towers by Wasl

02

Located in Al Kifaf

03

Starting from AED 2,118,777

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Sep 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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