Koro One
Off-Plan

Koro One

From AED 995,000·Handover Dec 2026·Developer payment plan available Payment
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AED 995,000
Starting Price
Dec 2026
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

Koro One is a residential apartment complex by the developer ALTA Real Estate Development in the Jumeirah Garden City area. The building consists of two basement levels, a functional ground floor, eight residential floors and a two-level roof with facilities and pools. The building embodies the concept of an urban oasis: modern architecture seamlessly combines with a well-thought-out layout of living spaces. The exterior of the complex attracts attention with its laconic design. The building looks both monumental and light due to the balanced combination of solid and transparent elements. Apartments in Koro One are presented in different formats — from studios to a duplex with three bedrooms. The space is organized in such a way as to ensure maximum comfort and freedom of movement. The interior is decorated in a modern style with an emphasis on a neutral color palette and soft textures. Residents of the complex can use a range of facilities: an adult swimming pool and a children's pool with a play area, a fitness center, a spa area with a sauna and steam room, as well as a rooftop lounge area with panoramic views. Underground parking and 24‑hour concierge service are provided. The complex is located in a strategically advantageous location. Dubai World Trade Centre can be reached in 8 minutes. Dubai Mall and Burj Khalifa are an 11—minute drive away, while Dubai International Airport is a 13-minute drive away.

Project Specifications
DeveloperALTA Real Estate Development
LocationJumeirah Garden City
Unit TypesStudio, Apartments
AreaJumeirah Garden City
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 42,934 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,099
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 64,675 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Koro One launch basis1,106AED 995,000Current launch / asking basis
Jumeirah Garden City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Garden City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from ALTA Real Estate Development.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Adults Pool
Central A/C
Children’s pool
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Jogging tracks
Landscape Open Areas
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Roof Gardens
Rooftop Pool
SPA
Sauna
Security and CCTV
Shared gym & fitness
Sitting Area
Steam
Walking paths
Yoga studio

Location

Jumeirah Garden City

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Garden CityJumeirah Garden CityDubai, UAE

Developer Track Record

01

Koro One by ALTA Real Estate Development

02

Located in Jumeirah Garden City

03

Starting from AED 995,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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