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Galleria Residences
Off-Plan

Galleria Residences

From AED 690,000·Handover Dec 2027·10% down payment Payment
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AED 690,000
Starting Price
Dec 2027
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

A residential complex with apartments For sale: Studio - from 690 000 AED / 525 sq. ft. 1 BR - from 900 000 AED / 744 sq. ft 2 BR - from 1 216 000 AED / 1 013 sq. ft. - a set of lifestyle amenities EOI: 10 000 AED The launch date will be announced later

Project Specifications
DeveloperEvera Development
LocationDubai South
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai South
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 29,774 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,004
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 44,850 / 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
Galleria Residences launch basis767AED 690,000Current launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South 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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Galleria Residences official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Evera Development.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

10% down payment

Flexible Payment

Contact us for detailed payment schedule and milestones

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Floor Plans

Galleria Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Infinity pool
Lounge
Pool Deck
Rooftop Pool
Sauna
Shared Pool
Shared gym
Smart home
Yoga Area

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Galleria Residences by Evera Development

02

Located in Dubai South

03

Starting from AED 690,000

04

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

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Galleria Residences

Limited units available · Direct developer pricing · Serious buyer routing

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.

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

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