Firoza — project image
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
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 73,657 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,326
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 785,223 / 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 Ever Glory Developments.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

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

Location

Firoza location map
Project location

Nearby Destinations

Dubai Islands

Developer and Project Facts

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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Property Enquiries

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

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