John Richmond District — project image
Off-Plan

John Richmond District

From AED 890,000·Handover Jun 2029·10% down payment Payment
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AED 890,000
Starting Price
Jun 2029
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

John Richmond District — luxury residential complex by Mira Developments in Al Furjan, Dubai. The project unites five residential towers and a business complex, connected via a shared podium, with retail, wellness and leisure zones. The architectural concept reflects the iconic John Richmond brand aesthetic, blending boldness with luxury. Building facades feature contemporary mashrabiya screens, providing enhanced privacy and coolness without compromising natural light, while creating a dynamic architectural presence. There are studios and one- and two-bedroom apartments. Residents enjoy an extensive range of amenities, including concierge, valet, housekeeping and room service. The podium hosts three resort-style pools, a decorative waterfall, elegant water features, a modern fitness center and an outdoor training area. Thanks to its prime location, residents have swift access to Dubai's key attractions. Discovery Gardens Metro Station is just one minute away. To Bluewaters Island — 8 minutes, to Palm Jumeirah — 10 minutes, to Downtown Dubai — 18 minutes. Al-Maktoum International Airport is located 20 minutes' drive from the complex. For sale: Studio - from 890 000 AED / 395.74 sq. ft. 1 BR - from 1 502 000 AED / 718.51 sq. ft. 2 BR - from 2 076 000 AED / 1 186.38 sq. ft. Other detailed information will be announced later

Project Specifications
DeveloperMira Developments
LocationAl Furjan
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaAl Furjan
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 38,403 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,033
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 409,400 / 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 Mira Developments.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Accessibility for people with disabilities
Concierge Service
Dining outlets (coffee houses & restaurants)
Fountain
Housekeeping Services
Lift
Lobby
Lounge
Multipurpose Sports Courts
Pool Deck
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Table Tennis
Valet parking
Waterfall
Yoga Area

Location

Al Furjan

Nearby Destinations

Al Furjan

Developer and Project Facts

01

John Richmond District by Mira Developments

02

Located in Al Furjan

03

Starting from AED 890,000

04

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

05

Expected handover: Jun 2029

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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