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Off-Plan

Enchante

From AED 580,000·Handover Dec 2028·20% down payment Payment
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AED 580,000
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

A modern residential complex located in Arjan, developed by GRID Properties EOI: 10 000 AED Launch date, and further detailed information will be announced later

Project Specifications
DeveloperGrid Properties
LocationArjan
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaArjan
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 25,027 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,887
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 266,800 / 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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Astraterra Properties

Official Documents

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Payment Structure

20% down payment

Published payment summary

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Location

Enchante location map
Project location

Nearby Destinations

Arjan

Developer and Project Facts

01

Enchante by Grid Properties

02

Located in Arjan

03

Starting from AED 580,000

04

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

05

Expected handover: Dec 2028

06

Official render/gallery images available

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Property Enquiries

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

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