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Azizi Wasel
Off-Plan

Azizi Wasel

From AED 1.20M·Handover Q2 2027·60/40 Payment
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AED 1.20M
Starting Price
Q2 2027
Handover
60/40
Payment Plan
1 Bedroom · 2 Bedroom
Type

Project Overview

Azizi Wasel is an exclusive island-living development on Dubai Islands — one of Dubai's most coveted emerging waterfront destinations. Offering 1 and 2-bedroom sea-facing apartments from AED 1.2M, Wasel combines the serenity of island living with direct access to Dubai's vibrant urban core. A 60/40 payment plan and Q2 2027 handover make this a compelling addition to any luxury investment portfolio.

Project Specifications
DeveloperAzizi Developments
LocationDubai Islands, Dubai
Unit Types1 Bedroom, 2 Bedroom
AreaDubai Islands
Buildings1
OwnershipFreehold
Est. ROI6-8%

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
4.8%
NOI AED 57,240 / year
Cash-on-Cash
3.2%
Levered cashflow AED 17,640
Base-Case IRR
13.3%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 84,000 / 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 Wasel launch basis1,263AED 1.20MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.43MIndicative resale benchmark
Dubai Islands premium peer launches1,850AED 1.76MNew-launch peer set
Trophy alternative proxy2,250AED 2.14MHigher-end anchor for negotiation context

Gallery

Azizi Wasel — View 2
Azizi Wasel — View 3

Payment Structure

60%

During Construction

60% paid in instalments throughout the construction period

40%

On Handover

40% due on key collection — ideal for post-handover financing

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

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Amenities & Lifestyle

Infinity Pool with Sea Views
Private Beach Access
Fully Equipped Gym
Spa & Wellness Centre
Children Play Area
F&B Retail Promenade
Covered Parking
24/7 Concierge & Security
Yoga Deck

Location

Nearby Destinations

Deira City Centre — 15 min
Dubai International Airport — 20 min
Dubai Creek — 15 min
Jumeirah Beach — 25 min
DIFC — 20 min
Dubai Islands, DubaiDubai IslandsDubai, UAE

Developer Track Record

01

Sea-facing apartments on Dubai Islands from AED 1.2M

02

Private beach access and infinity pool

03

Island lifestyle with urban Dubai connectivity

04

60/40 payment plan

05

Q2 2027 handover

06

Freehold — all nationalities welcome

07

6-8% estimated rental yields in prime waterfront setting

08

Azizi Developments — 10,000+ units delivered across Dubai

Get Qualified for Azizi Wasel

Limited units available · Direct developer pricing · Serious buyer routing

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.

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

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