Pearl
✓ Resale Available

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
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 68,824 / year
Cash-on-Cash
1.8%
Levered cashflow AED 16,189
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 103,675 / 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
Pearl launch basis1,772AED 1.59MCurrent 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

Pearl — View 2
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Pearl official render 1

Pearl official render 1

Pearl official render 2

Pearl official render 2

Pearl official render 3

Pearl official render 3

Pearl official render 4

Pearl official render 4

Pearl official render 5

Pearl official render 5

Pearl official render 6

Pearl official render 6

Pearl official render 7

Pearl official render 7

Pearl official render 8

Pearl official render 8

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,...

Flexible Payment

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Floor Plans

Pearl — 1 Bedroom Floor Plan

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

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

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

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