Centrium Towers
✓ Resale Available

Centrium Towers

From AED 670,000·Completed Dec 2010·Developer payment plan available Payment
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AED 670,000
Starting Price
Dec 2010
Handover
Developer payment plan available
Payment Plan
1 BR · 3 BR
Type

Project Overview

Centrium Towers is a modern residential development located in the city centre in Dubai Production City, Dubai. The complex consists of four separate buildings: The Centrium 1, The Centrium 2, The Centrium 3 and The Centrium 4. The properties in Centrium Towers are apartments with 1-3 bedrooms, with quality finishes and different layouts. Some apartments have an office and a spacious balcony. The construction company ETA Star has taken care not only of the interior of the apartments, but also of the surrounding area. There are recreation areas for children and adults, parking area. Residents of the complex have access to: several high-speed lifts, barbecue area, gym, concierge service. The complex is under 24-hour security and video surveillance. The Centrium Towers also offers pet-friendly accommodation. From The Centrium it is approximately 25 minutes' drive to Dubai Mall, 19 minutes to Jumeirah Palm, 21 minutes to Burj Al Arab and 22 minutes to The Walk JBR. Dubai International Airport is approximately 30 minutes‘ drive away and Al Maktoum International Airport is approximately 33 minutes’ drive away.

Project Specifications
DeveloperETA Star
LocationDubai Production City
Unit Types1 BR, 3 BR, Apartments
AreaDubai Production City
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 28,911 / year
Cash-on-Cash
1.8%
Levered cashflow AED 6,801
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 43,550 / 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
Centrium Towers launch basis744AED 670,000Current launch / asking basis
Dubai Production City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Production City 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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Centrium Towers official render 1

Centrium Towers official render 1

Centrium Towers official render 2

Centrium Towers official render 2

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Centrium Towers official render 3

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Centrium Towers official render 5

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Centrium Towers official render 9

Astraterra Properties

Official Documents

Download official marketing materials from ETA Star.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

BBQ
Concierge Service
Covered Parking
Lift
Pets Allowed
Security and CCTV
Shared gym & fitness

Location

Dubai Production City

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Production CityDubai Production CityDubai, UAE

Developer Track Record

01

Centrium Towers by ETA Star

02

Located in Dubai Production City

03

Starting from AED 670,000

04

Unit mix includes 1 BR, 3 BR, Apartments

05

Expected handover: Dec 2010

06

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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