
Celeste is a multifunctional boutique development by HRE Development in Al Jaddaf Waterfront, featuring two basement levels, a ground floor, and seven residential floors. It offers one-, two-, and three-bedroom residences along with retail spaces, combining privacy with a modern urban rhythm. The building features minimalist architecture with clean lines and panoramic windows offering canal and city views. The facade reflects a balance of aesthetics and function, creating a sense of seclusion in the heart of Dubai. Interiors are styled in light tones with natural materials, clean lines, and warm textures. Thoughtful layouts and proportions enhance a calm, airy atmosphere. Amenities include a waterfront pool, fitness and yoga areas, landscaped courtyards, kids’ zone, concierge service, and smart access systems. The location ensures easy access to key spots: 5 minutes on foot to Palazzo Versace and Jameel Arts Centre, 10 minutes to Al Jaddaf Metro. Burj Khalifa, Dubai Mall, Business Bay, DIFC, and Dubai Creek Harbour are 10–12 minutes by car, offering cultural richness and connectivity.
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 |
|---|---|---|---|
| Celeste launch basis | 1,711 | AED 1.54M | Current launch / asking basis |
| Al Jaddaf Waterfront ready-stock comps | 1,250 | AED 1.13M | Indicative resale benchmark |
| Al Jaddaf Waterfront premium peer launches | 1,500 | AED 1.35M | New-launch peer set |
| Trophy alternative proxy | 1,750 | AED 1.57M | Higher-end anchor for negotiation context |














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Astraterra Properties
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Al Jaddaf Waterfront
Celeste by HRE Development
Located in Al Jaddaf Waterfront
Starting from AED 1,539,500
Unit mix includes 1 BR, 3 BR, Apartments
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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