Firoza
Off-Plan

Firoza

From AED 1.71M·Handover Oct 2027·20% down payment Payment
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AED 1.71M
Starting Price
Oct 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Firoza is an exclusive residential complex presented by the developer Ever Glory Real Estate Development. The project is located on Dubai Islands in Dubai and includes a ground floor, a podium floor and eight residential floors, it was built in a modern style. The architecture of the building demonstrates the perfect combination of innovation and modern design. Apartments with fully furnished apartments with 1, 2 or 3 bedrooms are available for sale. Each residence has been carefully designed to provide residents with a harmonious blend of elegance and functionality. Each of the many amenities is designed to enhance lifestyle and provide maximum comfort. Residents can take advantage of a wide range of first-class amenities, including a fitness center, a park, a beach, a shopping mall, a golf course, and other entertainment options. Gold Souq Metro Station is 10 minutes from the apartment, as well as 20 minutes to Dubai International Airport, 22 minutes to The Dubai Frame, 24 minutes to The World Trade Center, 30 minutes to Burj Khalifa. The convenient location provides residents with easy movement, regardless of whether they are heading to work, on vacation, or exploring the city.

Project Specifications
DeveloperEver Glory Developments
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, Apartments, Townhouse
AreaDubai Islands
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 73,657 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,326
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 110,955 / 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
Firoza launch basis1,897AED 1.71MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands 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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Firoza official render 1

Firoza official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Ever Glory Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Firoza — 1 Bedroom Floor Plan

Amenities & Lifestyle

Covered gym
Indoor cinema
Infinity pool
Kids Play Area
Landscaped garden
Open air gym
Smart home

Location

Dubai Islands

Nearby Destinations

Dubai Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

01

Firoza by Ever Glory Developments

02

Located in Dubai Islands

03

Starting from AED 1,707,006

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Oct 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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