Plaza
✓ Resale Available

Plaza

From AED 2.26M·Completed Jan 2001·20% down payment Payment
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AED 2.26M
Starting Price
Jan 2001
Handover
20% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Plaza is a modern 15-storey building in Dubai, which combines the best of French Mediterranean design and modern architecture, creating the perfect place for modern community living. Plaza offers studios and apartments with 1, 2 and 3 bedrooms for purchase. Each apartment has panoramic windows and seamless balconies. Children's and adult pools, recreation areas with barbecue facilities, sports and playgrounds, yoga studios, a gym, a zen meditation garden, a lounge with a night cinema, a pet walking area are available for all residents of the complex. Commercial premises are open on the ground floor of the building: shops, restaurants, coffee shops. The tower has parking and 24-hour security. The convenient location of the facility ensures the convenience of traveling by private transport, while public transport is also available. A 17—minute drive from AZIZI Riviera there is a comprehensive school and a kindergarten - Canadian Kids Nursery, 30 minutes away there is a Russian International School. Carrefour Hypermarket or Fruit Market can be reached in 15-20 minutes by car. Meydan One Mall is a 15-minute walk away.

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 97,476 / year
Cash-on-Cash
1.8%
Levered cashflow AED 22,929
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 146,835 / 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
Plaza launch basis2,510AED 2.26MCurrent 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

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Plaza official render 1

Plaza official render 1

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Plaza official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Plaza — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Cinema
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Leisure areas
Lobby
Pets Allowed
Retail outlets
SPA
Security and CCTV
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

Plaza by Azizi Developments

02

Located in Al Furjan

03

Starting from AED 2,259,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jan 2001

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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