Imperial Avenue Summary — project image
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Imperial Avenue Summary

From AED 3.35M·Completed Jun 2024·Accepted payment methods: bank_check, bank_transfer Payment
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AED 3.35M
Starting Price
Jun 2024
Handover
Accepted payment methods: bank_check, bank_transfer
Payment Plan
2 BR · Apartments
Type

Project Overview

Imperial Avenue is a luxury residential development designed and engineered by Shapoorji Pallonji. It is located in the heart of Downtown Dubai. The complex is a 45-storey tower, which includes apartments with 1-5 bedrooms, luxury penthouses and villas. The facades are designed in a modern style, wavy lines and glass panels give the building a unique appearance. The interiors use high-quality finishing materials, and all residences are equipped with modern technologies to provide comfortable living conditions for residents. The complex has everything for an active lifestyle: a gym, swimming pools for children and adults, an indoor play area, a children's playground, a green garden on the podium with places for recreation and recreation areas, a mini-cinema. Imperial Avenue is ideally located in the heart of the city, which makes it attractive for those who value convenience and comfort. Attractions such as the Dubai Opera, DIFC, Burj Khalifa and Dubai Mall are just a 6-minute drive away. Business Bay is a 10-minute drive away, while Dubai International Airport is a 13-minute drive away. Imperial Avenue is the perfect choice for those who value convenience and comfort and are looking for a luxurious lifestyle in the heart of the metropolis.

Project Specifications
DeveloperShapoorji Pallonji
LocationDowntown Dubai
Unit Types2 BR, Apartments
AreaDowntown Dubai
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 144,552 / year
Cash-on-Cash
2.2%
Levered cashflow AED 34,002
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.54M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Shapoorji Pallonji.

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Payment Structure

Accepted payment methods: bank_check, bank_transfer

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Retail outlets
Shared Pool
Shared gym & fitness

Location

Imperial Avenue Summary location map
Project location

Nearby Destinations

Downtown Dubai

Developer and Project Facts

01

Imperial Avenue Summary by Shapoorji Pallonji

02

Located in Downtown Dubai

03

Starting from AED 3,350,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jun 2024

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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Property Enquiries

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

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