Colibri Views
Off-Plan

Colibri Views

From AED 1.12M·Handover Mar 2029·20% down payment Payment
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AED 1.12M
Starting Price
Mar 2029
Handover
20% down payment
Payment Plan
Studio · Retail
Type

Project Overview

Colibri Views is a project by Major Developers located in the Rak Central area, offering studios and 1-, 2-, and 3-bedroom apartments. The complex features a ground floor, two podium levels, 32 residential floors, and a rooftop. The architecture of the tower is modern, with a focus on panoramic glazing. Clean facade lines highlight a high-tech approach and create a sense of visual lightness, blending seamlessly into the mixed-use environment of Rak Central. The interiors are designed in a light color palette to enhance the feeling of space and comfort. Functional zones within each unit ensure convenience and a high level of everyday ergonomics. Residents have access to over 30 amenities, including a Japanese garden, rooftop observation deck, spa, beauty salons, yoga areas, multiple swimming pools, gyms, children’s and sports playgrounds, and coworking spaces. The complex is situated in a rapidly developing area. Wynn Al Marjan Island, the UAE’s first casino, is just 7 minutes away by car. Nearby are major shopping destinations such as Al Hamra Mall and Manar Mall. The location also offers proximity to top tourist attractions, including Jebel Jais with the world’s longest zipline and a range of entertainment theme parks.

Project Specifications
DeveloperMajor Development
LocationRak Central
Unit TypesStudio, Retail, 1 BR, 2 BR, 3 BR, Apartments, Penthouse, Commerce
AreaRak Central
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 48,247 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,349
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 72,678 / 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
Colibri Views launch basis1,242AED 1.12MCurrent launch / asking basis
Rak Central ready-stock comps1,500AED 1.35MIndicative resale benchmark
Rak Central 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 Major Development.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Colibri Views — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Covered gym
Coworking zone
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Library
Lift
Lobby
Open air gym
Prayer room
Recreational areas
SPA
Shared Jacuzzi
Shared gym & fitness
Yoga studio

Location

Rak Central

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Rak CentralRak CentralDubai, UAE

Developer Track Record

01

Colibri Views by Major Development

02

Located in Rak Central

03

Starting from AED 1,118,124

04

Unit mix includes Studio, Retail, 1 BR, 2 BR

05

Expected handover: Mar 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Colibri Views

Limited units available · Direct developer pricing · Serious buyer routing

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