Al Teneiji Tower: A Fixed Price in Al Mamzar
Al Teneiji Tower is a residential apartment development by ALTENEIJI DEVELOPER in Al Mamzar, Deira. The project carries a single listed price of AED 950,000 and a handover target of June 2027. For buyers who want an off-plan apartment in Dubai's established residential core without navigating a tiered unit matrix, the setup here is straightforward.
Al Mamzar and What the Address Actually Delivers
Al Mamzar sits at the northeastern edge of Deira, where the district meets the Sharjah border. The neighborhood wraps around Al Mamzar Beach Park, giving residents access to one of Dubai's coastal parks without the premium attached to addresses in JBR or Palm Jumeirah.
Commuting from here is practical. Deira City Centre and the nearest metro stations are roughly 15 to 20 minutes away. Dubai International Airport is about 10 to 15 minutes by car. Downtown Dubai is around 25 to 30 minutes depending on traffic. That airport proximity matters for residents in aviation-adjacent roles or those who travel frequently.
The Sharjah border adjacency cuts both ways. Peak-hour traffic on the main corridors can be heavier than in mid-Dubai locations, but it also broadens the tenant pool for landlords. Buyers working in Sharjah who want a Dubai address consistently target Al Mamzar, and the beach park access adds a quality-of-life dimension that pure Sharjah addresses cannot match.
AED 950,000: One Price, One Profile
The listed price is AED 950,000 per apartment, with no spread between the minimum and maximum. A single price point across the development suggests a standardised unit configuration rather than a building mixing studio, one-bedroom, and two-bedroom stock across a wide range.
At this level in Al Mamzar, the buyer field splits roughly in two. End-users want a primary residence in a family-oriented neighborhood with beach park access and solid transport links. Investors are looking at a tenant base that gravitates toward Deira for its combination of accessibility and value. Both profiles are legitimate here, and the price sits below the threshold where speculative demand typically dominates.
Apartments in an Established Neighborhood
Al Teneiji Tower offers apartments, making it relevant to urban residential buyers rather than those seeking villa or townhouse product in the suburbs. The Al Mamzar setting suits both families and working professionals. The beach park, on-site restaurants, and transit connections serve different buyer motivations, but they all land in the same address.
What the Amenities Signal
| Category | Facilities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Services | Restaurants, CCTV Security |
The indoor pool is the standout in this six-item package. It extends year-round usability in a climate where outdoor pools are genuinely limited for several months, making it more than a cosmetic addition. Restaurants within the building reduce daily friction for residents who want convenience close to home. The children's play area reinforces the family targeting that runs through this project's positioning.
The amenity set reads as practical rather than resort-styled. This is a building for residents who want useful services nearby, not a lifestyle address competing with branded residences in Dubai Marina. That framing is consistent with the price point and the Al Mamzar location.
June 2027 Handover
Completion is scheduled for June 2027, approximately 12 months from now. For an off-plan buyer entering today, that is a compressed window compared to projects still 24 to 36 months out. The construction risk period is shorter, and the capital commitment period is limited.
The trade-off appears on the appreciation side. Buyers seeking pre-handover price growth have less runway to accumulate gains before the keys hand over. Buyers who want a near-ready asset without paying secondary market pricing land in a more interesting position: limited downside from a long build period, with the location and amenity set already visible in the project data.