Miska 3 — project image
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Miska 3

From AED 3.60M·Completed Jun 2008·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 3.60M
Starting Price
Jun 2008
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Miska 3 is a residential complex in the prestigious Old Town Downtown Dubai area from the developer Emaar. It consists of a basement level and three residential floors offering exquisite 1-3-bedroom apartments. The exterior of the Miska 3 features a classic aesthetic inspired by traditional Arabic architecture. The facades of the buildings are decorated in warm colors, using natural materials such as sand and wood, which creates a sense of comfort and harmony with the surrounding buildings. The interiors are distinguished by their elegance and functionality. The decoration is made of high-quality materials, using calm color palettes that create an atmosphere of tranquility and respectability. Residents of Miska 3 can enjoy a variety of amenities designed to make their lives as comfortable and enjoyable as possible. Green courtyards, swimming pools, fitness centers and children's playgrounds are at the disposal of residents here. 24-hour security and parking spaces ensure safety and convenience. The location of Miska 3 in Old Town is its undeniable advantage, which provides easy access to Dubai's most iconic landmarks and sites. In the immediate vicinity is the Burj Khalifa, a walk of about 20 minutes, offering a variety of restaurants and cafes. Dubai Opera is about a 10-minute walk away. Dubai Mall is about a 9-minute drive away. Palm Jumeirah can be reached in 21 minutes by car.

Project Specifications
DeveloperEmaar Properties
LocationDowntown Dubai
Unit Types1 BR, Apartments
AreaDowntown Dubai
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 155,297 / year
Cash-on-Cash
2.2%
Levered cashflow AED 36,530
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.66M / 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

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

BBQ
Central A/C
Concierge Service
Covered Parking
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Pets Allowed
Resting Areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Downtown Dubai

Nearby Destinations

Downtown Dubai

Developer and Project Facts

01

Miska 3 by Emaar Properties

02

Located in Downtown Dubai

03

Starting from AED 3,599,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Jun 2008

06

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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