Flamingo LUX
✓ Resale Available

Flamingo LUX

From AED 1.45M·Completed Apr 2026·100% down payment Payment
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AED 1.45M
Starting Price
Apr 2026
Handover
100% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Flamingo LUX is a boutique residential development by Eminent Real Estate Development, located on Meydan Avenue, Dubai. The contemporary building comprises a ground floor, four residential floors, and a rooftop, offering a private atmosphere and a high level of comfort in a prestigious location. The architecture is designed in a modern style, featuring elegant lines and a light façade palette. Clean geometry and a well-balanced composition create a harmonious appearance that reflects the project’s status and contemporary appeal. The development offers one-, two-, and three-bedroom apartments, as well as three-bedroom penthouses. The interiors are designed in a modern aesthetic, using high-quality materials and neutral tones. Functional layouts and attention to detail create a comfortable and stylish living environment. Residents enjoy premium amenities, including an infinity pool, a fully equipped gym, a BBQ area, a dedicated yoga space, a lounge area, and additional spaces for relaxation and social interaction. Flamingo LUX benefits from a convenient location: just 6 minutes to an International School and a shopping center, 7 minutes to Golf Course Paddle Tennis, 8 minutes to a professional gym, 12 minutes to Dubai Mall, and 15 minutes to Dubai International Airport.

Project Specifications
DeveloperEminent Real Estate Development
LocationMeydan (Nad Al Sheba 1)
Unit Types1 BR, 2 BR, 3 BR, Apartments, Penthouse
AreaMeydan (Nad Al Sheba 1)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 62,692 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,747
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 94,438 / 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
Flamingo LUX launch basis1,614AED 1.45MCurrent launch / asking basis
Meydan (Nad Al Sheba 1) ready-stock comps1,700AED 1.53MIndicative resale benchmark
Meydan (Nad Al Sheba 1) premium peer launches2,100AED 1.89MNew-launch peer set
Trophy alternative proxy2,600AED 2.34MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Eminent Real Estate Development.

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Payment Structure

100% down payment

Flexible Payment

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Floor Plans

Flamingo LUX — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Broadband Internet
Infinity pool
Lift
Lobby
Lounge
Pool Deck
Private Lounge
Private pool
Resting Areas
Security and CCTV
Shared gym & fitness
Sitting Area
Smart home
Social zone
Sunken Seating
Terrace Garden
Yoga Area

Location

Meydan (Nad Al Sheba 1)

Nearby Destinations

Meydan Racecourse — 2 mins
Downtown Dubai — 10 mins
Dubai Mall — 12 mins
Business Bay — 8 mins
Meydan (Nad Al Sheba 1)Meydan (Nad Al Sheba 1)Dubai, UAE

Developer Track Record

01

Flamingo LUX by Eminent Real Estate Development

02

Located in Meydan (Nad Al Sheba 1)

03

Starting from AED 1,452,893

04

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

05

Expected handover: Apr 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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

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