Bling Avenue 1
Off-Plan

Bling Avenue 1

From AED 1.10M·Handover Aug 2026·20% down payment Payment
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AED 1.10M
Starting Price
Aug 2026
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Bling Avenue 1 is a residential complex by Bling Development, located in the Dubai South district. The project includes a ground floor, four residential levels with apartments, and a rooftop with leisure amenities. The building’s architecture is modern, featuring geometric shapes, clean lines, and striking lighting accents. The facades are adorned with glass balconies and decorative elements that enhance the minimalist, elegant appearance of the complex. In the evening, the building is beautifully illuminated, giving it a dynamic and recognizable silhouette. The complex offers one- and two-bedroom apartments with functional layouts and modern interior design. Floor-to-ceiling windows fill the spaces with natural light, while spacious balconies provide comfortable areas for outdoor relaxation. Residents of Bling Avenue 1 will enjoy a variety of amenities, including a stylish lobby, children’s play area, lounge zones, a rooftop swimming pool, and a fully equipped gym. The rooftop is designed as a communal space, encouraging interaction and relaxation in an open-air environment. Its prime location ensures convenient access: 16 minutes to Al Maktoum Airport, 21 minutes to Expo City, 27 minutes to The Outlet Village, 30 minutes to Dubai Parks & Resorts and Downtown, and 34 minutes to Dubai Marina.

Project Specifications
DeveloperBling Development
LocationDubai South
Unit Types1 BR, 2 BR, Apartments
AreaDubai South
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 47,542 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,183
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 71,616 / 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
Bling Avenue 1 launch basis1,224AED 1.10MCurrent launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South 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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Bling Avenue 1 official render 1

Bling Avenue 1 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Bling Development.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Covered gym
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Parking
Roof Gardens
Social zone
Zen Garden

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Bling Avenue 1 by Bling Development

02

Located in Dubai South

03

Starting from AED 1,101,782

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Aug 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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