Avenue Park Towers is a new large-scale project by developer Wasl, located in the promising Wasl 1 area of Dubai. The residential complex consists of two towers: Tower A has 42 floors and Tower B features 36 storeys. The project offers residential properties, office spaces and commercial plazas available for lease. The facades of Avenue Park Towers are designed in a modern style, with a mix of glass and aluminum elements. This architectural approach emphasizes the elegance of the design and visually lightens the structure.
The properties at Avenue Park Towers at Wasl 1 are 1-3 bedroom apartments, as well as a limited number of 3 and 4 bedroom duplexes. Tower A features 345 residences and Tower B has 241 units. All 2- and 3-bedroom properties are offered with a maid’s room, and duplexes additionally feature a terrace. The apartments at Avenue Park Towers at Wasl 1 range in size from 717 sqft (67 m²) to 4,645 sqft (432 m²).
The interior design at Avenue Park Towers emphasizes functionality and comfort. All residences feature ergonomic and spacious layouts, as well as high ceilings. Large panoramic windows offer spectacular views of local landmarks such as Zabeel Park and Dubai Frame. Porcelain tiles are used for the floors, the walls are painted in pleasant noble colors with wooden laminated doors. The kitchens are designed in modular format and equipped with built-in appliances, including a gas stove and dishwasher. In addition, apartments at Avenue Park Towers are equipped with video phones and optical fiber connection, while lighting and security can be controlled using the “Smart Home” system.
Avenue Park Towers at Wasl 1 has a wide range of amenities — there are adult and children’s swimming pools, a gym with a sauna on the 9th floor. There are also playgrounds, areas for barbecues and family activities on the territory of the complex. Electric car charging stations and parking spaces for bicycles are also available. On the first levels of Avenue Park Towers will operate a supermarket, a kindergarten, a café, and service facilities.
Wasl 1 area, where the towers are located, is characterized by excellent transport accessibility and developed infrastructure. Just 5 minute’s walk away is Max Metro Station, which is part of the Red Line of the Dubai Metro. Sheikh Zayed Road can be reached within 5 minutes, while Downtown Dubai, and Dubai Intl. Airport are both approximately 15 minutes away by car. Within walking distance of Avenue Park Towers is Zabeel Park with jogging tracks, picnic areas and children’s rides. There are shopping centers, catering establishments and entertainment locations in the area — all the necessary infrastructure for a comfortable life will be at your fingertips.
The average rental yield of apartments at Wasl 1 can be as high as 6% per annum. Given its central location, buying property at Avenue Park Towers is an investment opportunity. The cost of apartments is from 1 500 000 AED (408 400 $), and the price of 4-bedroom duplexes starts from 11 700 000 AED (3 185 400 $). The developer offers a flexible interest-free payment plan of 60/40 installments with 5% down payment. The approximate handover date is Q3 2029.
