
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).
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Allegro Park launch basis | 2,150 | AED 1.94M | Current launch / asking basis |
| Dubai Islands ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Islands premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Dubai Islands
Allegro Park by Mill Hill Developers
Located in Dubai Islands
Starting from AED 1,935,346
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Mar 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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