Azizi Park Avenue in Meydan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Azizi Park Avenue

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	64	1,281	82,000
2	83	1,337	111,000

The cap rate (rental yield) of investments into Azizi Park Avenue project is 8.1% on average.

The price of an apartment in Azizi Park Avenue is 16,236 AED/sqm on average.

The long term rent of an apartment in Azizi Park Avenue is 1,313 AED/sqm/year on average.

Rent for 1 bedroom apartment in Azizi Park Avenue is 82,000 AED or 1,281 AED/sqm.
Rent for 2 bedroom apartment in Azizi Park Avenue is 111,000 AED or 1,337 AED/sqm.

About Azizi Park Avenue

'Azizi Park Avenue' in 'Meydan' area project description

Azizi Park Avenue is an ambitious residential development situated in the highly sought-after Meydan area of Dubai. Known for its elegance and futuristic design, the project offers a unique blend of urban sophistication and serene surroundings, making it an attractive option for both investors and residents.

Located strategically within Meydan, Azizi Park Avenue provides easy access to many of Dubai's key landmarks. The Meydan Racecourse, home to the world-renowned Dubai World Cup, is just a short drive away. Major highways like Sheikh Mohammed bin Zayed Road and Al Khail Road are also easily accessible, ensuring swift connectivity to various parts of the city including Downtown Dubai, Business Bay, and Dubai Creek Harbour.

The architecture of Azizi Park Avenue stands out with its contemporary design, featuring clean lines and high-quality finishes. The development comprises a mix of studios, one-bedroom, and two-bedroom apartments, catering to different lifestyle needs. Each unit is thoughtfully designed to maximize living space and functionality. The interiors are adorned with modern fixtures and fittings, delivering a luxurious living experience.

One of the standout features of Azizi Park Avenue is the abundant green spaces. The project lives up to its name by incorporating a lush park within its grounds, offering residents a tranquil retreat from the bustling city. Landscaped gardens, walking trails, and seating areas create a serene environment where residents can relax and unwind. Additionally, the development includes state-of-the-art amenities such as a swimming pool, fully-equipped gymnasium, and a children's play area, providing a holistic living experience.

Safety and security are paramount in Azizi Park Avenue, with 24-hour security and surveillance systems in place. This ensures that residents can enjoy peace of mind in their home environment. The development also boasts ample parking spaces, catering to the needs of modern urban living.

Retail and dining options within and around the development further enhance the convenience factor. Proximity to Meydan One Mall, which promises a plethora of shopping, dining, and entertainment options, adds to the appeal of living in Azizi Park Avenue. The community-centric design encourages a sense of neighborhood, fostering interactions among residents and creating a vibrant community atmosphere.

In terms of investment potential, Azizi Park Avenue is a promising choice. The Meydan area is rapidly developing and expected to be a major hub of activity in Dubai, ensuring that property values are likely to appreciate in the coming years. The combination of luxurious living, strategic location, and robust infrastructure makes Azizi Park Avenue a standout project in Dubai's real estate landscape.

Q&A on Azizi Park Avenue

What are the advantages of 'Azizi Park Avenue' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Situated in the Meydan area, Azizi Park Avenue is strategically positioned close to key attractions like the Meydan Racecourse, Downtown Dubai, and the Dubai Water Canal.
2. Modern Amenities: The project offers a range of modern amenities including fitness centers, swimming pools, landscaped gardens, and retail outlets, providing a comprehensive lifestyle within the community.
3. Investment Potential: Meydan is an up-and-coming area with ongoing infrastructural developments, making properties in Azizi Park Avenue potentially lucrative investments due to expected appreciation in property values.
4. Quality Construction: Azizi Developments is renowned for using high-quality materials and construction techniques, assuring buyers of a durable and premium living space.
5. Transport Links: Excellent connectivity to major road networks like Sheikh Zayed Road and Al Khail Road, enhancing commutes to other parts of Dubai.
6. Community Feel: Promises a mixed-use environment with residential, retail, and recreational facilities, fostering a sense of community.

Disadvantages:
1. Off-Plan Risk: Buying off-plan properties involves uncertainties such as project delays or changes in planned amenities and layouts, although Azizi Development has a good track record.
2. Construction Disruption: Current and future developments in Meydan could lead to noise and inconvenience until the area is fully established.
3. Market Volatility: Dubai's real estate market has periods of volatility, which can affect property values and rental yields.
4. Service Charges: Monthly or annual service charges for maintenance and amenities can add to the cost of ownership.
5. Limited Public Transport: While road connectivity is excellent, public transport options are currently limited, which may be a drawback for some residents.
6. Competition: Numerous new projects in the Meydan area could increase competition for tenants, potentially impacting rental income for investors.

For detailed considerations, it is advisable to consult with a real estate expert or financial advisor tailored to individual investment goals and risk tolerance.

What projects are better than 'Azizi Park Avenue' project in Dubai which are located close by, and why?

1. District One by Mohammed Bin Rashid Al Maktoum City (MBR City):
- Proximity to Meydan: Within MBR City, offering easy access to Meydan.
- Amenities: Featuring crystal lagoons, vast green spaces, and high-end retail options.
- Luxury: Villas and apartments with a focus on privacy and exclusivity.
- Community feel: Developed master-planned community with schools and healthcare facilities.

2. Sobha Hartland:
- Proximity: Close to Meydan, providing quick connections to key city areas.
- Design: Emphasizes contemporary living within a natural setting.
- Healthcare: Dedicated wellness clinics and schools enhance community living.
- Exclusive: Gated community with luxury apartments and villas offering high-end finishes.

3. Meydan One:
- Innovation: Known for the upcoming Meydan One Mall and the world's tallest residential tower.
- Recreational Facilities: Ski slope, dancing fountains, and a water park.
- Connectivity: Close to major highways and the future Meydan One Metro Station.
- Mixed-use development: Combines residential, commercial, and entertainment facilities.

4. The Fields at D11 – MBR City:
- Community living: Emphasizes suburban living in the heart of the city.
- Facilities: A clubhouse, parks, and cycling tracks.
- Contemporary homes: Modern architecture with large living spaces and private gardens.

5. Creek Vistas by Sobha Realty:
- Views: Offers stunning views of the Dubai Creek and Downtown skyline.
- Architecture: Inspired by modern classic and contemporary design elements.
- Amenities: Includes a gym, swimming pool, and retail spaces at the doorstep.
- Security: 24/7 security with smart home technology integration.

6. ORO24 Residency:
- Value: Competitive pricing with high-quality finishes.
- Smart Homes: Integrates cutting-edge smart home features.
- Location: Conveniently located with easy access to Meydan and business hubs.
- Lifestyle: Designed to cater to a balanced lifestyle with fitness centers and wellness amenities.

What are the closest schools to 'Azizi Park Avenue' project in Dubai?

- North London Collegiate School Dubai: Located in Sobha Hartland, approximately 5 to 10 minutes away.
- Hartland International School: Also situated in Sobha Hartland, around 5 to 10 minutes from Azizi Park Avenue.
- GEMS Modern Academy: Located in Nad Al Sheba, about a 10-minute drive.
- Repton School Dubai: Situated in Nad Al Sheba 3, around 15 minutes from the Meydan area.
- Swiss International Scientific School: Located in Healthcare City Phase 2, roughly 15 to 20 minutes away.
- Dubai International School - Al Quoz: Situated in Al Quoz, approximately 20 minutes from the Meydan area.