La Mazzoni
Off-Plan

La Mazzoni

From AED 2.25M·Handover Dec 2028·20% down payment Payment
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AED 2.25M
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

La Mazzoni is a luxury residential community in Al Marjan Island, consisting of two towers connected by a common podium, each rising 15 residential floors above the ground floor, with 1-3 bedroom apartments (penthouses, chalets, duplexes). The architecture and interior of the buildings were designed by DEWAN Architects and Engineers and HBA INTERIOR DESIGNING. La Mazzoni's smooth organic curves and seamless design echo the rhythms of the ocean, combining the elegance of nature with modern architecture. The spacious apartments are decorated with high-quality materials, including wood, which gives them a refined and elevated view. The residential complex has many amenities: a state-of-the-art fitness center, an outdoor training area, coworking spaces, infinity pools, walking paths, paddle courts, a library, a clubhouse, a children's playground, a swimming pool, a restaurant and a spa space. Al Marjan Island is an iconic place for business and leisure. From La Mazzoni you can get to Wynn Resort in 4 minutes, 8 minutes to Al Hamra Mall, 9 minutes to RAK Central, 10 minutes to Al Hamra Golf Club, 12 minutes to Royal Yacht Club. To RAK Airport – 30 minutes, to Sharjah Airport-45 minutes, to Dubai Airport-60 minutes.

Project Specifications
DeveloperThe Luxe Developers
LocationAl Marjan Island
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments, Penthouse, Villa
AreaAl Marjan Island
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 96,931 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,801
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 146,014 / 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
La Mazzoni launch basis2,496AED 2.25MCurrent launch / asking basis
Al Marjan Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Marjan Island 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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La Mazzoni official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from The Luxe Developers.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

La Mazzoni — 1 Bedroom Floor Plan

Amenities & Lifestyle

Bike path
Children’s pool
Club house
Coworking zone
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Library
Paddle court
SPA
Shared gym
Walking paths
Yoga studio

Location

Al Marjan Island

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
Al Marjan IslandAl Marjan IslandDubai, UAE

Developer Track Record

01

La Mazzoni by The Luxe Developers

02

Located in Al Marjan Island

03

Starting from AED 2,246,366

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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