At least you can still play the game.
If nothing else, just Air Raid him and run, Air Raid and run, Air Raid and run, etc. Tis probably your safest strategy besides Dimension Door and run.
Oh, and don't be afraid to use up a lot of HP sucking attacks since, by your description, Albel can pretty much pwn you in just a few hits as it is. That, or get a s***load of stun bombs and HP healing items.