Pearl — project image
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Pearl

From AED 1.59M·Completed May 2024·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.59M
Starting Price
May 2024
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Pearl is a residential development from Azizi Developments in Al Furjan. It embodies luxury and elegance with its palette of natural tones and delicate shades. The complex consists of two basement floors, a ground floor, and seven residential floors with premium studios and one-, two-, and three-bed apartments. The residences combine calm and energy to create a pleasant living experience. All the apartments have panoramic windows with views of the scenic surroundings. Thanks to its extensive parks and gardens, Pearl offers residents a relaxing atmosphere along with excellent amenities and services. Shops, gyms, and swimming pools are available within the complex, while many other social facilities are within walking distance. The complex offers a dynamic lifestyle for families seeking a peaceful environment with seamless connectivity. Thanks to a well-connected road network, residents can quickly access key destinations: Mohammed Bin Zayed Road — 1 minute, Al Furjan Metro Station — 1 minute, JAFZA and Ibn Battuta Mall — 7 minutes, Dubai Marina and JBR — 10 minutes, The Palm Jumeirah — 15 minutes, Al Maktoum International Airport (DWC) — 20 minutes, DIFC and Business Bay — 25 minutes, and Dubai International Airport — 30 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAl Furjan
Unit Types2 BR, Apartments
AreaAl Furjan
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 68,824 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,189
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 733,700 / annual levered cash flow. Excludes time before letting.

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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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: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Central A/C
Concierge Service
Covered Parking
Jogging tracks
Landscaped garden
Landscaped park
Lift
Lobby
Retail outlets
Sauna
Shared Pool
Shared gym & fitness

Location

Al Furjan

Nearby Destinations

Al Furjan

Developer and Project Facts

01

Pearl by Azizi Developments

02

Located in Al Furjan

03

Starting from AED 1,595,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: May 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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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