Azizi Mina
✓ Resale Available

Azizi Mina

From AED 2.44M·Completed Jan 2021·20% down payment Payment
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AED 2.44M
Starting Price
Jan 2021
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Azizi Mina is a unique residential complex located on the prestigious artificial island of Palm Jumeirah, Dubai. This elegant 10-storey architectural masterpiece resembles a luxury cruise ship due to its streamlined shape, horizontal balconies and snow-white coloring, which create an impression of sophistication and elegance. The complex offers apartments with exquisite interiors in classic European style, where special attention is paid to every detail. High ceilings, marble floors, luxurious bathrooms, kitchens with granite countertops and a full set of household appliances from world brands – all this creates an atmosphere of coziness and comfort. Residents of Azizi Mina can enjoy a wide range of amenities, including a SPA, Jacuzzi, gym, children's entertainment center, as well as numerous shops, bars and restaurants located on the ground floor. Large parking for passenger vehicles and round-the-clock security ensure maximum comfort and safety for residents. Located near a tram stop and a metro station, Azizi Mina provides convenient transport accessibility to key Dubai attractions. Dubai Mall, Burj Al Arab Hotel and The Walk JBR are just a few minutes' drive away. Dubai Airport and the Al Maktoum Airport are also within easy reach.

Project Specifications
DeveloperAzizi Developments
LocationPalm Jumeirah
Unit TypesStudio, 1 BR, 2 BR, 3 BR, Apartments
AreaPalm Jumeirah
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 105,200 / year
Cash-on-Cash
1.8%
Levered cashflow AED 24,746
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 158,470 / 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
Azizi Mina launch basis2,709AED 2.44MCurrent launch / asking basis
Palm Jumeirah ready-stock comps3,200AED 2.88MIndicative resale benchmark
Palm Jumeirah premium peer launches3,800AED 3.42MNew-launch peer set
Trophy alternative proxy4,700AED 4.23MHigher-end anchor for negotiation context

Gallery

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Azizi Mina official render 1

Azizi Mina official render 1

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Azizi Mina official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Azizi Mina — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Covered Parking
Kids Play Area
Pets Allowed
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Palm Jumeirah

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Palm JumeirahPalm JumeirahDubai, UAE

Developer Track Record

01

Azizi Mina by Azizi Developments

02

Located in Palm Jumeirah

03

Starting from AED 2,438,000

04

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

05

Expected handover: Jan 2021

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

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