Candace Acacia
✓ Resale Available

Candace Acacia

From AED 1.10M·Completed Dec 2017·Accepted payment methods: credit_debit_card, bank_check,... Payment
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AED 1.10M
Starting Price
Dec 2017
Handover
Accepted payment methods: credit_debit_card, bank_check,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Candace Acacia is a residential development by Azizi Developments in one of the most famous neighborhoods of Al Furjan, Dubai. The project includes 316 apartments on thirteen floors. All residential units are distinguished by high-quality finishes and amenities. The apartments are fully equipped with open-plan kitchens and fitted wardrobes. Residents of Candace Acacia have the opportunity to use common facilities such as a fitness center, a squash court, a large heated swimming pool, a barbecue area, a Jacuzzi, a sauna, and a steam bath. In addition, residents have access to a multifunctional hall and a playground for children. The building of the complex is provided with round-the-clock security, concierge services, and video surveillance systems. There is also central air conditioning, smart home systems that can be controlled using a smartphone, a backup power supply system, a comfortable lobby, and high-speed elevators, as well as parking with dedicated spaces for each apartment. Several restaurants are within walking distance from the complex. Candace Acacia is about a 25-minute drive from Dubai Mall, 17 minutes from Palm Jumeirah, 23 minutes from Burj Al Arab and 17 minutes from Walk JBR Mall. Dubai International Airport (DXB) is about a 34-minute drive away, and the new Al Maktoum International Airport is about a 33-minute drive away.

Project Specifications
DeveloperAzizi Developments
LocationAl Furjan
Unit Types1 BR, Apartments
AreaAl Furjan
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 47,465 / year
Cash-on-Cash
1.8%
Levered cashflow AED 11,165
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 71,500 / 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
Candace Acacia launch basis1,222AED 1.10MCurrent launch / asking basis
Al Furjan ready-stock comps1,100AED 990,000Indicative resale benchmark
Al Furjan premium peer launches1,350AED 1.22MNew-launch peer set
Trophy alternative proxy1,550AED 1.40MHigher-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

Accepted payment methods: credit_debit_card, bank_check,...

Flexible Payment

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Floor Plans

Candace Acacia — 1 Bedroom Floor Plan

Amenities & Lifestyle

Central A/C
Children’s pool
Conference room
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lift
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Smart home
Social zone
Valet parking

Location

Al Furjan

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al FurjanAl FurjanDubai, UAE

Developer Track Record

01

Candace Acacia by Azizi Developments

02

Located in Al Furjan

03

Starting from AED 1,099,999

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2017

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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