About the project

490,000 AED Starting Price from

1-2BR Available Units

657 Area from
(sq. ft.)

Ready Handover

Micasa Avenue is a residential complex located in Al Furjan, Dubai. The developer is Diamond Real Estate Developer, and construction began in 2015 and was completed in 2019.

The complex offers apartments with one- and two-bedroom floor plans featuring balconies, large built-in closets, separate kitchens, panoramic windows, and bathrooms with modern fixtures.

Residents can enjoy a variety of onsite amenities, including:

Equipped gym
Community pool with lounge chairs
Stylish and modern lobby area
Parking

Valet services
24-hour security with video surveillance
High-speed elevators
Comfortable accommodations

One-bedroom apartments range in size from 61 sq. m (657 sq. ft.) to 64 sq. m (697 sq. ft.), and two-bedroom apartments range in size from 105 sq. m (1,132 sq. ft.) to 123 sq. m (1,326 sq. ft.). Properties have a starting price of USD 133,000 (AED 490,000).

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Location

Micasa Avenue is located near several major highways in Dubai. Sheikh Mohammed Bin Zayed Road is situated within a 10-minute drive of the complex. Yalayis Street can be reached within a 15-minute drive, which also connects to Sheikh Zaed Road. Al Furjan Metro Station 1 is located within a five-minute drive or a 15-minute walk.

The nearest school, the Arbor School, can be reached within a 10-minute drive of the residences and provides a British Curriculum. Residents with children can also attend Dubai British School Jumeirah Park, which is situated within a 10-minute drive.

Micasa Avenue is located within 10 minutes of the Al Furjan Pavilion Сommunity Mall, which offers retail stores and a family medical centre. Ibn Battuta Mall can be reached within a 10-minute drive and features more than 400 retail stores, 50 restaurants, and a large cinema. Residents can also enjoy the nearby Marina Mall, which is located within a 15-minute drive.

Micasa Avenue is situated within a 30-minute drive of Al Maktoum International Airport and Downtown Dubai.

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Return on investment

The Al Furjan area is considered to be one of the most promising real estate markets in Dubai. Investors can take advantage of the area’s well-developed infrastructure, including good transportation networks and an abundance of amenities.

There is demand for rental units in Al Furjan among professionals who work in Dubai, as well as families who want to live in a quiet place with relatively affordable rent and easy access to local beaches and attractions, such as Dubai Marina and Palm Jumeirah.

The annual rent rate for an apartment at Micasa Avenue starts at USD 11,000 (AED 40,000). Properties in Al Furjan have a high average gross yield with a return on investment rate of 6.90%.