Al Jazi
Buying Property in Al Jazi
Al Jazi, Umm Suqeim
Listing by
Pavel Kharytonau
Al Jazi, Umm Suqeim
Listing by
Pavel Kharytonau
Al Jazi 2, Umm Suqeim
Listing by
Maria Angeles Domingo
Al Jazi, Umm Suqeim
Listing by
Sergey Shalnev
Al Jazi, Umm Suqeim
Listing by
Maria Angeles Domingo
Al Jazi, Umm Suqeim
Listing by
Rodica Coliban
About the Project
Al Jazi, launched in Q2 2022, is the fifth phase of the prestigious community by Meraas in Umm Suqeim 3, Madinat Jumeirah Living (MJL). The new addition consists of four 9-storey buildings and comprises a selection of skillfully appointed apartments in 1-4 bedroom configurations, with living areas of 734 sq. ft to 4,128 sq. ft.
Overlooking the magnificent Burj Al Arab, the design of the Al Jazi complex beautifully combines classic Arabic architecture with contemporary interiors. The layout options of Al Jazi apartments may include private balconies or terraces, a laundry room, a dressing room, a maid’s room with an ensuite bathroom and a storage room.
Surrounded by meandering wadis and greenery, Al Jazi in MJL will be complemented by a wide range of leisure and recreational amenities, which are as follows:
- Landscaped podiums
- Expansive courtyards
- Retail center
- Roof terraces with BBQ areas
- Central pedestrian walkway
- Daycare centers
- Fitness centers
- Parks and open spaces
- Swimming pools
- Play areas
Property Information
- Location Madinat Jumeirah Living, Dubai, UAE
- Developer Meraas
- Status of Project In progress
- Type of Project Residential Building
- Units 1-4BR
- Payment Plan 50/50
Floor Plans of Al Jazi
Apartment
Type:
1 Bedroom
Total Area:
748 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
2 Bedrooms
Total Area:
1,120 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
3 Bedrooms
Total Area:
2,514 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
4 Bedrooms
Total Area:
2,747 sq. ft.
Starting Price:
Ask for Price
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Apartment | 748 sq. ft. | Ask for Price | |
|
1 Bedroom | Apartment | 990 sq. ft. | Ask for Price | |
|
|
2 Bedrooms | Apartment | 1,120 sq. ft. | Ask for Price | |
|
2 Bedrooms | Apartment | 1,836 sq. ft. | Ask for Price | |
|
3 Bedrooms | Apartment | 1,822 sq. ft. | Ask for Price | |
|
|
3 Bedrooms | Apartment | 2,514 sq. ft. | Ask for Price | |
|
|
4 Bedrooms | Apartment | 2,747 sq. ft. | Ask for Price | |
|
4 Bedrooms | Apartment | 3,154 sq. ft. | Ask for Price |
Property Prices
The starting price for a 1-bedroom apartment in Al Jazi in MJL is AED 1.41M (USD 384K).
*The price is valid for 2022
Payment Plan
(On completion)
Location
Al Jazi is adjacent to Jumeirah Street and Jumeirah Beach Road, which both ensure excellent commutes around the city. In fact, many sought-after destinations in Dubai can be reached within a maximum of 20 minutes’; these include, Dubai International Airport, Bluewaters Island (home to the Madame Tussauds Museum and Ain Dubai), Jumeirah Beach Residence and many more. Not forgetting a range of bus stations which are located around the community of Madinat Jumeirah Living, such as Wild Wadi 1, Burj Al Arab Hotel 1 and Burj Al Arab Hotel 2, just to name a few.
As well as all the above, Al Jazi provides easy access to an array of academic institutions, medical centers, banks, supermarkets and restaurants. Some of the closest facilities, witch slate just a 15-minute walk away, can be found below:
- Schools and nurseries: Golden Beach Nursery, First Steps Nursery Montessori, Masterminds Preschool & Kindergarten, Future Kids, Raffles International School Dubai, Kings’ School Dubai, iQ Tennis Academy and Emirates Academy of Hospitality
- Seven D Medical Center
- Grocery stores: Aswaaq Mall – Umm Suqeim and Omar Al Muhairi Grocery
- Emirates NBD bank
- F&B venues: Sugarmash, Attibassi Coffee, The Palmery and Kayto
For the ultimate leisure and entertainment experiences, occupants of Al Jazi will be able to easily reach the Burj Al Arab, Umm Suqeim Beach, Wild Wadi Waterpark and the Pavilion Marina & Sports Club, all of which are located within the immediate vicinity of the complex. Additionally, Madinat Jumeirah Living features an air-conditioned pedestrian bridge, which is connected to the iconic Souk Madinat Jumeirah. The Souk is an Arabian bazaar, where visitors are treated to 75 retail stores, galleries and plenty of popular dining establishments.
It is worth noting that MJL also houses the Asayel, Jadeel, Lamtara and Rahaal apartment complexes, which have proved to be highly popular among end users and investors. That being said, 99% of apartments sold out, as of Q4 2020, thanks to their prime quality and the many family-friendly amenities within the community.
Economic Appeal
If you are investing in residential real estate in Dubai amounting to AED 750K (USD 205K) and above you are entitled to a 3-year investor visa. In turn, as per the latest visa amendments in the UAE, which will come into effect in September 2022, when investing in an off-plan property worth at least AED 2M (USD 545K), you can benefit from a Golden Visa. This type of residency aims to enable its holder to live, work and study in the UAE without an Emirati sponsorship.
*The price is valid for 2022
As MJL is the first freehold residential development in the prestigious area of Umm Suqeim, properties in Al Jazi are available for buyers of all nationalities. Once the complex is completed in Q3 2025, you are welcome to use it as either a private residence or rent it out with the help of a property management service, and generate stable income on a regular basis. As of Q2 2022, the starting rental price in the MJL community stands at AED 90K (USD 24.5K) per year, while the average gross ROI has reached 7.1%, according to the Property Finder portal.
*The price is valid for 2022
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