Azra Residence
Off-Plan

Azra Residence

From AED 970,000·Handover Jun 2027·20% down payment Payment
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AED 970,000
Starting Price
Jun 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Azra Residence is a contemporary project by Enaam, located in the Dubailand area. The building comprises a basement level, a ground floor, thirteen residential floors, and a rooftop. The project features modern architecture defined by clean vertical lines and well-balanced proportions. The façades are finished in a light, neutral palette with panoramic glazing and rhythmically arranged balconies, giving the building a refined appearance. Azra Residence offers apartments with one, two, and three bedrooms. Interiors are designed in a contemporary style with a focus on functionality and visual lightness. Clean lines, modern finishes, and well-planned spaces create a calm and versatile environment, suitable both for family living and for professionals and investors who value a balance between comfort and practicality. The amenities are designed to support a comfortable and well-balanced lifestyle. Residents have access to an infinity pool, separate pools for adults and children, a gym and yoga studio, a children’s play area, barbecue facilities, and an outdoor cinema. The location of Azra Residence provides convenient access to key destinations across the city. A park and a school are located next to the project. Dubai Outlet Mall and the Blue Line metro station are reachable within 5 minutes, Global Village and IMG World are 10 minutes away. Downtown Dubai is in 15 minutes, while Dubai International Airport is 20 minutes away.

Project Specifications
DeveloperEnaam Properties Development
LocationDubailand Residence Complex
Unit Types1 BR, 2 BR, Apartments
AreaDubailand Residence Complex
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 41,856 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,846
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 63,050 / 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
Azra Residence launch basis1,078AED 970,000Current launch / asking basis
Dubailand Residence Complex ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubailand Residence Complex premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Enaam Properties Development.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Azra Residence — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Cabanas
Children’s pool
Concierge Service
Coworking zone
Electric Vehicle Charger
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Outdoor cinema
Parking
Pool Deck
Prayer room
Private Lounge
Private pool
Recreational areas
Resting Areas
Security and CCTV
Shared gym & fitness
Sitting Area
Smart home
Social zone
Yoga studio

Location

Dubailand Residence Complex

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubailand Residence ComplexDubailand Residence ComplexDubai, UAE

Developer Track Record

01

Azra Residence by Enaam Properties Development

02

Located in Dubailand Residence Complex

03

Starting from AED 970,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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