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One of Dubai’s most exciting areas, Madinat Jumeirah Living (MJL), is home to the brand-new Al Jazi development, which has luxury apartments. There are 1, 2, 3, and 4-bedroom apartments in the complex, all of which are located close to the famous Burj Al Arab and are surrounded by beautifully landscaped gardens in the traditional Arabic style.
Meraas Properties Dubai is a renowned real estate development company that has made a significant impact on Dubai’s skyline and urban landscape. Meraas Properties Dubai has developed a diverse portfolio of projects that cater to various sectors, including residential, commercial, hospitality, and retail. Their developments range from luxury waterfront residences and high-end villas to mixed-use communities and urban destinations. Each project reflects Meraas Properties Dubai’s dedication to creating exceptional environments that blend contemporary design, sustainability, and functionality.
The Al Jazi residential project has high-end apartments and is located in the dynamic area of Madinat Jumeirah Living (MJL) in Dubai. The complex features homes with 1, 2, 3, and 4 bedrooms, all of which have traditional designs and are surrounded by lush greenery. The Al Jazi complex is part of Madinat Jumeirah Living (MJL), a larger community that also comprises the communities of Jadeel, Rahaal, Asayel, and Lamtara. Through the sprawling neighbourhood, a central passageway leads to individual gated communities. Views of Madinat Jumeirah Living, the Burj Al Arab, and the sea may be seen from the rooftop barbecue spaces available to Al Jazi residents.
The Al Jazi complex is home to 378 apartments ranging in size from 727 to 4,128 sqft. each. The residential project is being developed by Meraas Properties, which is known for its portfolio of high-end, waterside developments that welcome families. All of the Al Jazi residential buildings will be linked by landscaped podiums, allowing residents of any building to take delight in the next phase’s amenities. Private patios and big bedrooms are included in the lavishly planned and finished interiors of each apartment. Most three- and four-bedroom flats, as well as some two-bedroom homes, are designed with an extra room for a house staff.
1BR apartments in MJL start with an annual rental rate of AED 94,000. This means a ROI of 6-7% will be expected. Investors who buy property in the Al Jazi complex can apply for a UAE Golden Visa, which grants the holder long-term residency in the nation and permits foreigners to possess 100% of businesses located inside the UAE’s mainland.
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