Al Asmawi is a 15-storey residential complex in Barsha Heights, Dubai. Residents can enjoy a variety of amenities, such as:
Properties include one-bedroom apartments that feature fitted kitchens, modern bathrooms, spacious living rooms, and balconies.
Al Asmawi is located in the vibrant community of Barsha Heights. There are several public bus stops situated within a three-minute walk of the complex, including Minc Apartments 1 and 2 and Mashael Building 2. The nearest Metro stations, Dubai Internet City 2, Mall of the Emirates, and First Abu Dhabi Bank, can be reached within a five-minute walk. The nearby tram stops, Tram Depot Dubai, Knowledge Village 2, and Al Sufouh, are located within a 10-minute walk.
Residents can enjoy a wide selection of local restaurants, cafes, and grocery stores. Fuchsia Thai Restaurant is located next to the complex. NAY Restaurant and Ostro are situated within a five-minute walk. Day Mart, Carrefour Market, and ZOOM can also be reached within a short walk.
The Cayan Business Centre is situated within a two-minute walk of the apartments.
There are several popular attractions located within a 10-minute walk of the complex, including:
Residents can take advantage of nearby educational and medical facilities. The Russian International School is situated within a 20-minute drive of the residences. The nearest nursery school, Little Diamond Nursery, can be reached within a 15-minute drive, and MedLine Medical Centre is also located within a 15-minute drive.
Barsha Heights is home to many commercial and residential buildings. Residents have easy access to the emirate’s major attractions and main highways, which generates demand for real estate among investors and tenants. Properties have a return on investment rate of approximately 6.5%.
Apartments can be purchased to subsequently rent out. The average rental rate for a one-bedroom apartment is AED 50,000 (USD 14,000), per year, and the estimated payback period ranges from 17 to 20 years.
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!