Mars Residences — project image
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Mars Residences

From AED 1.00M·Completed Contact for handover timeline·Developer payment plan available Payment
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AED 1.00M
Starting Price
Contact for handover timeline
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Mars Residences, developed by the ambitious Mars Star Real Estate Development, is a modern residential complex consisting of two buildings with apartments, located in the Dubai Sports City area. This architectural masterpiece is designed to offer its residents an unsurpassed level of comfort and style. Mars Residences offers apartments with a variety of bedrooms, meeting the needs of a wide variety of families: from cozy studios to spacious family residences with 1, 2 and 3 bedrooms. The interior decoration of Mars Residences is executed with impeccable taste, using only high-quality materials and stylish design solutions. Spacious living rooms, modern kitchens and elegant bathrooms create an atmosphere of luxury and comfort. The main facilities of Mars Residences aimed at improving the quality of life are: a magnificent outdoor swimming pool, a modern fitness center, picturesque landscaped gardens, recreation areas and playgrounds for children, as well as 24-hour security and concierge service. The location of Mars Residences in Sports City provides access to many attractions and key locations. Dubai Mall is just a 23-minute drive away, Palm Jumeirah is a 17-minute drive away, and Burj Al Arab is a 21-minute drive away.

Project Specifications
DeveloperMars Star Real Estate Development
LocationDubai Sports City
Unit Types1 BR, Apartments
AreaDubai Sports City
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 43,150 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,150
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 460,000 / 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 Mars Star Real Estate Development.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Central A/C
Community Lawn
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped park
Lift
Lobby
Park Access
Parking
SPA
Sauna
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone

Location

Dubai Sports City

Nearby Destinations

Dubai Sports City

Developer and Project Facts

01

Mars Residences by Mars Star Real Estate Development

02

Located in Dubai Sports City

03

Starting from AED 1,000,000

04

Unit mix includes 1 BR, Apartments

05

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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