Azizi Mina — project image
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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
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 105,200 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,746
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.12M / 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 Azizi Developments.

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Payment Structure

20% down payment

Published payment summary

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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

Azizi Mina location map
Project location

Nearby Destinations

Palm Jumeirah

Developer and Project Facts

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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Property Enquiries

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

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