Park Avenue 3

Park Avenue 3 is a completed low-rise residential building by Azizi Developments, located within the Nad Al Sheba 1 pocket of Meydan in Mohammed Bin Rashid City. The project reached handover in Q1 2024 and is currently sold out.

# The building and its position within Meydan

Meydan occupies an unusual place in Dubai's residential map: close enough to Downtown to be genuinely convenient, yet physically separated from it by the racecourse, the boulevard, and stretches of landscaped open space. That geography gives the neighbourhood a lower density than most inner-city alternatives, and Park Avenue 3 reflects that character. The building is low-rise, set within a landscaped plot rather than rising above a podium of retail.

The address sits on Meydan Avenue. Surrounding views take in the golf course to one side and, depending on orientation, the Downtown skyline and the Burj Khalifa on the horizon.

# Residences, specification and semi-furnished finish

Specific floor plan counts and square footage data for Park Avenue 3 are not publicly disclosed at this stage. What is confirmed: all residences were delivered semi-furnished, with full finish, plumbing, and core appliances installed, including refrigerators, cookers and washing machines. That specification positions the building toward end-users and buy-to-let investors who want a ready asset without the lead time of a full fit-out project.

Service charges run at 10 to 20 AED per square foot, a band consistent with mid-tier Meydan stock.

# Amenities on site

The amenity offer is concise. Residents have access to a gym, a BBQ area, a dedicated adults' pool and a separate kids' pool. There is no spa, no co-working suite and no retail component, at least not within the building itself. For buyers accustomed to the amenity density of Downtown or Dubai Marina towers, that may read as a limitation. For those who prefer a quieter, smaller-scale building, it is part of the appeal.

# What sits within reach: schools, golf and the city centre

Meydan Golf is roughly eight minutes by car, at 2.9 km. Downtown Dubai and Jumeirah Beach both clock in at around 13 minutes, covering 8 km and 9.5 km respectively. The Dubai Bilingual French International School is 2.4 km away, a practical consideration for European families relocating to the emirate. Aswaaq Mall in Al Quoz provides day-to-day retail within nine minutes.

That radius is a reasonable summary of Meydan's core pitch: recreational infrastructure on the doorstep, the city centre close enough to reach without living inside it.

# Who Park Avenue 3 suits, and where it sits in the Meydan market

The building is complete and fully sold, which means buyers can only enter through the secondary market. For investors, that removes construction risk entirely. Rental demand in Nad Al Sheba 1 has been supported by the neighbourhood's family-oriented character and its proximity to the school cluster along the Meydan corridor.

Park Avenue 3 is not a statement address in the way that some Meydan One-adjacent projects position themselves. It is a delivered, mid-scale residential building with honest specification and a location that trades tower density for greenery and access. For a buyer seeking a stabilised asset in a maturing district, that is a coherent proposition.