Mackerel Tower
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
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 121,814 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,654
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 183,497 / 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
Mackerel Tower launch basis3,137AED 2.82MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands 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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Mackerel Tower official render 1

Mackerel Tower official render 1

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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

Flexible Payment

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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 Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

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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