FLU1D One
Off-Plan

FLU1D One

From AED 2.05M·Handover Jun 2028·20% down payment Payment
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AED 2.05M
Starting Price
Jun 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

FLU1D ONE is a residential project by Object One Real Estate Development, located within the Dubai Islands community. The complex features a well-balanced architectural composition with a ground level, two podium levels, and eight residential floors, designed for comfortable living in a coastal setting. The complex features apartments with one-, two-, two-and-a-half-, and three-and-a-half-bedroom layouts, including duplex residences. All residences are thoughtfully planned with a focus on functionality, spaciousness, and everyday comfort. The architecture follows a contemporary aesthetic with clean lines and open layouts. The exterior visually reflects the maritime character of Dubai Islands and integrates seamlessly into the island’s waterfront landscape, creating a refined and understated silhouette. Interiors are finished in neutral tones using quality materials, with practical layouts that create a calm and adaptable living space. Residents can enjoy a range of amenities, including a clubhouse, gym, swimming pool with sun loungers, a children’s pool, and dedicated leisure areas. The project enjoys convenient connectivity to key city destinations: approximately 10 minutes to Gold Souq Metro Station, 20 minutes to Dubai International Airport, 22 minutes to Dubai Frame, 24 minutes to Dubai World Trade Centre and Downtown Dubai, and 33 minutes to Business Bay. EOI: 50 000 AED Launch date: will be announced later

Project Specifications
DeveloperObject One Real Estate Development
LocationDubai Islands
Unit Types1 BR, 2 BR, Apartments
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 88,571 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,834
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 133,421 / 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
FLU1D One launch basis2,281AED 2.05MCurrent 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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Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Beach Access
Children’s pool
Club house
Covered Parking
Leisure areas
Lift
Lobby
Park Access
Pool Deck
Private Jacuzzi
Recreational areas
Resting Areas
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone

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

FLU1D One by Object One Real Estate Development

02

Located in Dubai Islands

03

Starting from AED 2,052,638

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for FLU1D One

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