Allegro Park — project image
Off-Plan

Allegro Park

From AED 1.94M·Handover Mar 2028·10% down payment Payment
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AED 1.94M
Starting Price
Mar 2028
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Allegro Park is a boutique residential development on Dubai Islands by Mill Hill Developers, presented by ABRA. The project offers spacious 1-, 2-, and 3-bedroom apartments, as well as 3-bedroom duplexes featuring thoughtfully designed layouts and floor-to-ceiling panoramic windows. This exquisite building, consisting of a ground floor, podium level, six residential floors and a rooftop, features a sophisticated architecture that seamlessly blends into the natural landscape of the islands. Interiors feature calm, neutral tones with an emphasis on natural materials, enhancing the harmony with the coastal atmosphere. Allegro Park embodies the concept of resort living through a collection of carefully selected amenities. Residents can enjoy an infinity pool, indoor and outdoor cinema, paddle court, children's play and water areas, luxurious wellness complex with a fitness center, sauna, steam rooms, massage rooms. The complex's location is its greatest asset. Allegro Park combines the seclusion of island living with easy access to the city's main attractions. Within minutes are: Dubai Islands Beach (3 min), Dubai Creek (10 min), Dubai International Airport and DIFC (15 min), Downtown Dubai (20 min), and Dubai Marina (30 min).

Project Specifications
DeveloperMill Hill Developers
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, Apartments, Penthouse
AreaDubai Islands
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 83,510 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,644
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 890,259 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Mill Hill Developers.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Cabanas
Fountain
Indoor cinema
Infinity pool
Kids Play Area
Kids splash pad
Landscaped garden
Lavish Sundeck
Lift
Lobby
Outdoor cinema
Paddle court
Park Access
Pool Deck
Private Lounge
Private pool
Resting Areas
SPA
Sauna
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Sports ground
Steam
Walking paths

Location

Dubai Islands

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Allegro Park by Mill Hill Developers

02

Located in Dubai Islands

03

Starting from AED 1,935,346

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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