Galleria Residences — project image
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
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 29,774 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,004
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 317,400 / 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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Astraterra Properties

Official Documents

Download official marketing materials from Evera Development.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

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

Location

Dubai South

Nearby Destinations

Dubai South

Developer and Project Facts

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

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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