Meriva Sunset
Off-Plan

Meriva Sunset

From AED 4.22M·Handover Jun 2030·20% down payment Payment
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AED 4.22M
Starting Price
Jun 2030
Handover
20% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Meriva Sunset — an elegant multi-story building within the large-scale project The Meriva Collection by developer Ellington Properties, located in the Dubai Islands district. The building consists of a basement level, a ground floor, twenty residential floors, and a roof. Meriva Sunset offers residences with 1–3 bedrooms, exclusive penthouses with 3 and 4 bedrooms, as well as commercial spaces. The architecture of the building follows a modern style. The interiors of all residences feature premium materials and high-quality finishes. The project provides a wide range of amenities: spacious pools, a gym, a stylish lobby, a coworking area, relaxation spaces, ensuring a high level of comfort, as well as children's playgrounds, a fitness studio, a play area, a barbecue zone, and much more. The main attractions are just a short drive away: Dubai Islands Mall — 5 minutes, Dubai International Airport — 18 minutes, Dubai Mall and Burj Khalifa — 35 minutes, Palm Jumeirah — 45 minutes.

Project Specifications
DeveloperEllington Properties
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 182,215 / year
Cash-on-Cash
2.2%
Levered cashflow AED 42,862
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 274,484 / 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
Meriva Sunset launch basis4,692AED 4.22MCurrent 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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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Meriva Sunset — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Bar
Basketball court
Cabanas
Children’s pool
Cinema
Club house
Covered Kids Play Area
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Fitness Zone
Fountain
Gaming Lounge
Jogging tracks
Kids splash pad
Lagoon
Landscape Open Areas
Landscaped garden
Lavish Sundeck
Lift
Lobby
Mini Golf
Multipurpose Sports Courts
Open Kids Play Area
Outdoor Multipurpose Space
Paddle court
Parking
Pets Allowed
Pool Deck
Pool Lounge
Private beach access
Private pool
Recreational areas
Resting Areas
Retail outlets
Sauna
Shared Jacuzzi
Sitting Area
Social zone
Sunken Seating
Table Tennis
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

Meriva Sunset by Ellington Properties

02

Located in Dubai Islands

03

Starting from AED 4,222,828

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jun 2030

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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