Azizi Wasel — project image
Off-Plan

Azizi Wasel

From AED 1.69M·Handover Jun 2027·10% down payment Payment
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AED 1.69M
Starting Price
Jun 2027
Handover
10% down payment
Payment Plan
Retail · 1 BR
Type

Project Overview

Azizi Wasel is a luxury coastal high-rise development by developer Azizi Developments in Dubai Islands. The building comprises three basement levels, a ground floor, thirteen residential floors, and a roof. Thoughtfully designed interiors and exteriors inspired by the beauty of the island provide sophistication, comfort, and tranquillity to residents. The project features spacious studios, one-, two-, and three-bedroom apartments, and tree- and four-bedroom penthouses. Residents of Azizi Wasel can enjoy a wide range of amenities, including a barbecue area, gym, jogging tracks, sports ground, children's entertainment center, and on-site shops, bars, and restaurants. Ample car parking and 24-hour security ensure maximum comfort and security for residents. Conveniently located, Azizi Wasel has easy and quick access to many of the city's attractions and infrastructure. For instance, Waterfront Market is just 5 minutes away, Port Rashid is 12 minutes away, Dubai Hospital is 12 minutes away, Dubai International Airport and Dubai Frame can be reached in 15 minutes, and City Centre Deira is 20 minutes away. Designed for modern comfort and convenience, Azizi Wasel creates the perfect balance between urban energy and coastal tranquillity.

Project Specifications
DeveloperAzizi Developments
LocationDubai Islands
Unit TypesRetail, 1 BR, 2 BR, 3 BR, 4 BR, Apartments, Penthouse, Commerce
AreaDubai Islands
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 72,837 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,133
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 776,480 / 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

10% down payment

Published payment summary

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Amenities & Lifestyle

Cinema
Club house
Kids Play Area
Parking
Retail outlets
Security and CCTV
Shared Pool
Shared gym

Location

Dubai Islands

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Azizi Wasel by Azizi Developments

02

Located in Dubai Islands

03

Starting from AED 1,688,000

04

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

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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

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