Azizi Wares
Off-Plan

Azizi Wares

From AED 595,000·Handover Dec 2027·10% down payment Payment
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AED 595,000
Starting Price
Dec 2027
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Azizi Wares is a residential complex from developer Azizi Developments, located in Downtown Jebel Ali, one of Dubai's key business hubs. The building is designed in a contemporary architectural style, with facades that combine elegance and functionality, blending harmoniously into the city's business center. The project consists of a ground floor, three podium floors, and seven residential floors. The complex offers studios, one-, two-, and three-bedroom apartments, as well as retail space on the lower levels. Spacious layouts, ultra-modern interiors, and panoramic windows create a comfortable and bright space for living and working. Residents have access to a wide range of amenities: swimming pools for adults and children, separate gyms for men and women, a private cinema, a children's play area, a gaming lounge, a clubhouse, a multifunctional hall, spacious parking areas, and 24-hour security. The complex is strategically located near Sheikh Zayed Road and the Life Pharmacy metro station, providing quick access to all key destinations: Expo City Dubai and Dubai Parks & Resorts — 8 minutes, Ibn Battuta Mall — 13 minutes, Dubai Marina, JBR, and Jumeirah Lake Towers — 18 minutes, Al Maktoum International Airport — 18 minutes, Downtown Dubai — 25 minutes.

Project Specifications
DeveloperAzizi Developments
LocationDowntown Jebel Ali
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDowntown Jebel Ali
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 25,674 / year
Cash-on-Cash
2.2%
Levered cashflow AED 6,039
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 38,675 / 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 Wares launch basis661AED 595,000Current launch / asking basis
Downtown Jebel Ali ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Jebel Ali premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Azizi Wares — 1 Bedroom Floor Plan

Amenities & Lifestyle

Club house
Covered gym
Indoor Multipurpose Space
Kids Play Area
Lift
Lobby
Lounge
Parking
Pool Lounge
Security and CCTV
Shared Pool

Location

Downtown Jebel Ali

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown Jebel AliDowntown Jebel AliDubai, UAE

Developer Track Record

01

Azizi Wares by Azizi Developments

02

Located in Downtown Jebel Ali

03

Starting from AED 595,000

04

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

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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