Off-Plan

Golf Terrace Residences

From AED 785,000·Handover Dec 2027·5% down payment Payment
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AED 785,000
Starting Price
Dec 2027
Handover
5% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Golf Terrace Residences is a modern residential complex developed by Asak Real Estate Development and produced by the Octa Properties. Located in the rapidly developing area of Dubai Production City, the building has a spacious ground floor, two podium levels, seven residential floors and a roof. The architecture of the building combines a laconic modern style with a functional design. The facade is decorated in bright colors with panoramic glazing. There are fully furnished studios, as well as one- and two-bedroom residences. Spacious layouts, finishing in light colours, high ceilings and thoughtful zoning of the space create a sense of comfort and luxury. Residents of the complex have access to extensive infrastructure distributed on the ground floor and on the roof. The main facilities include a running track, a golf simulator, a mini golf, and game areas. A full-fledged wellness and entertainment complex is deployed on the roof of the building. It's only 5 min to City Centre Me`aisem, 12 min to Dubai Hills Mall, 15 min to Mall of the Emirates, 25 min to Dubai International Airport and Al Maktoum International Airport from the complex. The Golf Terrace Residences have a high potential for investment.

Project Specifications
DeveloperAsak Real Estate Development
LocationDubai Production City
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai Production City
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 33,873 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,968
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 361,100 / 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 Asak Real Estate Development.

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Payment Structure

5% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Billiards
Children’s pool
Golf Simulator
Jogging tracks
Kids Play Area
Lift
Lobby
Mini Golf
Multipurpose Sports Courts
Outdoor cinema
Pool Deck
Rooftop Pool
SPA
Sauna
Security and CCTV
Shared gym & fitness
Sitting Area
Smart home
Steam
Table Tennis
Yoga Area

Location

Golf Terrace Residences location map
Project location

Nearby Destinations

Dubai Production City

Developer and Project Facts

01

Golf Terrace Residences by Asak Real Estate Development

02

Located in Dubai Production City

03

Starting from AED 785,000

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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Property Enquiries

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

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