
Hermina is a residential complex by the developer Casagrand Development, located on Dubai Islands and inspired by the aesthetics of the Hermes brand. The building includes a basement level, a ground floor, and thirteen residential levels, and is designed in a modern coastal style with smooth lines, spacious balconies and glazed façades. The complex offers one-, two-, three- and four-bedroom apartments. The interiors feature entrance halls and fully furnished living spaces with branded furniture, filled with abundant natural light. The two-, three- and four-bedroom apartments are equipped with built-in jacuzzis, while the three- and four-bedroom layouts additionally include rooms for staff. Residents have access to various amenities including swimming pools, pool cabanas, a SPA area, steam rooms, a mini cinema, gaming zones, meditation and yoga spaces, a gym, an aerobics zone, running tracks, a children’s playground, a multipurpose hall, a promenade and landscaped areas. The complex provides convenient access to key destinations: Dubai Islands Beach – 5 minutes, Gold Souq Metro Station – 10 minutes, Dubai International Airport and Al Mamzar Beach Park – 20 minutes, Downtown Dubai – 22 minutes, Business Bay – 26 minutes.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Hermina launch basis | 2,217 | AED 2.00M | Current launch / asking basis |
| Dubai Islands ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Islands premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |























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Astraterra Properties
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Dubai Islands
Hermina by Casagrand Development
Located in Dubai Islands
Starting from AED 1,995,596
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Jun 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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