Plaza — project image
✓ 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
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 97,476 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,929
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.04M / 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

20% down payment

Published payment summary

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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

Al Furjan

Developer and Project Facts

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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RERA Registered
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Property Enquiries

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

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