Colibri Views — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 48,247 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,349
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 514,337 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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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

Colibri Views location map
Project location

Nearby Destinations

Rak Central

Developer and Project Facts

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

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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