Avenue Park Towers — project image
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
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 91,425 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,506
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 974,637 / 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 Wasl.

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Payment Structure

5% down payment

Published payment summary

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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

Al Kifaf

Developer and Project Facts

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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Property Enquiries

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

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