Hermina — project image
Off-Plan

Hermina

From AED 2.00M·Handover Jun 2028·20% down payment Payment
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AED 2.00M
Starting Price
Jun 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

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.

Project Specifications
DeveloperCasagrand Development
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments
AreaDubai Islands
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 86,110 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,255
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 917,974 / 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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Casagrand Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
Aqua Fitness
Cabanas
Covered gym
Gaming Lounge
Indoor Multipurpose Space
Jogging tracks
Kids Play Area
Landscape Open Areas
Leisure areas
Lift
Lobby
Meditation zone
Multipurpose Sports Courts
Outdoor cinema
Pool Deck
Private Jacuzzi
Recreational areas
Resting Areas
Rooftop Pool
SPA
Security and CCTV
Shared Pool
Shared gym
Sitting Area
Smart home
Social zone
Steam
Theater
Walking paths
Yoga studio

Location

Dubai Islands

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Hermina by Casagrand Development

02

Located in Dubai Islands

03

Starting from AED 1,995,596

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Jun 2028

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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