Mackerel Tower — project image
Off-Plan

Mackerel Tower

From AED 2.82M·Handover Aug 2026·35% down payment Payment
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AED 2.82M
Starting Price
Aug 2026
Handover
35% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Mackerel Tower is a modern residential complex with landscaping from the developer Saeed Tarrad Real Estate Development in Dubai Islands with stunning views of the Persian Gulf. The building consists of a ground floor, a podium level, and eight residential floors and boasts beautiful residences as well as an extensive array of enviable amenities designed for residential owners. Mackerel Tower offers the unique privilege of allowing you to start every day with the soothing presence of the sea just steps from your door. The residential floors feature fully furnished one- and two-bedroom apartments, as well as luxury four-bedroom penthouses. The interiors of each apartment are made with attention to the smallest details, for a sense of comfort both inside and outside the residences. Mackerel Tower offers a wide range of luxury leisure and active lifestyle amenities, such as stunning swimming pools, lush green garden terraces and pristine beach strip, a state-of-the-art gym, treadmills, outdoor yoga, and parking. The complex has a convenient location in the Dubai Islands area, just 20 minutes from the city's business center and the international airport, as well as close proximity to supermarkets, restaurants, and educational institutions.

Project Specifications
DeveloperSaeed Tarrad Real Estate Development
LocationDubai Islands
Unit Types2 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 121,814 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,654
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.30M / 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 Saeed Tarrad Real Estate Development.

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Payment Structure

35% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Club house
Coworking zone
Electric Vehicle Charger
Infinity pool
Jogging tracks
Kids Play Area
Landscaped garden
Lift
Lobby
Parking
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Valet parking
Walking paths
Yoga studio

Location

Dubai Islands

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Mackerel Tower by Saeed Tarrad Real Estate Development

02

Located in Dubai Islands

03

Starting from AED 2,823,031

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Aug 2026

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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