Park Avenue
Project Overview
Park Avenue is a three-building residential development by developer Azizi Developments, located in the Mohammed Bin Rashid City neighborhood of Dubai. Each of the buildings comprises 140 residential units — one- and two-bedroom apartments. The exteriors of the buildings feature a contemporary style that emphasizes clean lines and a minimalist approach to architecture. Park Avenue apartments feature spacious living areas, built-in walk-in wardrobes, and balconies. Each bedroom is equipped with an en-suite bathroom, creating maximum comfort for residents. The complex's amenities include covered parking, a swimming pool, a rooftop terrace, park areas, recreational areas, a gym, tennis courts, 24-hour security, and concierge service. Residents can also enjoy cycle paths, jogging tracks, a spa, central air-conditioning, a sauna, and sports courts. Park Avenue is close to many infrastructure and recreational facilities such as Fair Mart supermarket, Meydan One Mall, Qube Shisha Lounge, Iris Meydan and The Stables Dubai, North London Collegiate School Dubai and Hartland International School, Zabeel Health Centre, The Track Golf Club, Friday Cricket Ground IPL, Meydan Racecourse, Hartland Greens Park, Ras Al Khor Wildlife Sanctuary, and Jumeirah Beach. Park Avenue residents can reach Dubai Airport in 20 minutes by car.
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.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Azizi Developments.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Meydan (Nad Al Sheba 1)
Nearby Destinations
Developer and Project Facts
Park Avenue by Azizi Developments
Located in Meydan (Nad Al Sheba 1)
Starting from AED 1,150,000
Unit mix includes 1 BR, Apartments
Expected handover: Dec 2023
Official brochure and PDF marketing materials available
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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