Aura
✓ Resale Available

Aura

From AED 7.10M·Completed Dec 2024·Developer payment plan available Payment
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AED 7.10M
Starting Price
Dec 2024
Handover
Developer payment plan available
Payment Plan
4 BR · Villa
Type

Project Overview

Aura is an exclusive villa project in the prestigious Tilal Al Ghaf community from the developer Majid Al Futtaim. The project includes modern two-section 4-bedroom villas embodying the concept of luxury resort life in an urban environment. The architectural appearance of the villas is characterized by an elegant design with thoughtful architectural solutions. Each house is equipped with a unique Sky Suite on the roof, offering additional opportunities to personalize the space. The villas are equipped with 4 bedrooms and offer two options for the layout of the main floor, as well as two options for arranging the Sky Suite — for living or entertainment. The interior of the villas is distinguished by high-quality finishes and thoughtful layout. Special attention is paid to the creation of comfortable living areas and spacious rooms. The complex has an extensive infrastructure: a private lagoon with sandy beaches, beach cabins, playgrounds, tennis courts, indoor and outdoor gyms, a children's water park, swimming pools, a skate park and children's play areas. Key facilities are within walking distance: 2 minutes to the recreation lagoon and Central Park, 4 minutes to the Royal Grammar School International School and the shopping center. The transport accessibility is impressive: 15 minutes to Mall of the Emirates, 20 minutes to Downtown Dubai, 17 minutes to Dubai Expo 2020, 29 minutes to Dubai International Airport.

Project Specifications
DeveloperMajid Al Futtaim
LocationTilal Al Ghaf
Unit Types4 BR, Villa
AreaTilal Al Ghaf
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 306,365 / year
Cash-on-Cash
1.8%
Levered cashflow AED 72,065
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 461,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Aura launch basis7,889AED 7.10MCurrent launch / asking basis
Tilal Al Ghaf ready-stock comps1,500AED 1.35MIndicative resale benchmark
Tilal Al Ghaf premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Majid Al Futtaim.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
Artificial Beach
Bike path
Children’s pool
Community Lawn
Infinity pool
Jogging tracks
Kayaking
Lagoon
Landscape Open Areas
Landscaped garden
Leisure areas
Multipurpose Sports Courts
Open Kids Play Area
Parking
Pets Allowed
Picnic Area
Recreational areas
Resting Areas
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Sports ground
Walking paths

Location

Tilal Al Ghaf

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Tilal Al GhafTilal Al GhafDubai, UAE

Developer Track Record

01

Aura by Majid Al Futtaim

02

Located in Tilal Al Ghaf

03

Starting from AED 7,100,000

04

Unit mix includes 4 BR, Villa

05

Expected handover: Dec 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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

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