Miska 3
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 155,297 / year
Cash-on-Cash
1.8%
Levered cashflow AED 36,530
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 233,935 / 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
Miska 3 launch basis3,999AED 3.60MCurrent launch / asking basis
Downtown Dubai ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Dubai premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown DubaiDowntown DubaiDubai, UAE

Developer Track Record

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

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Official render/gallery images available

Available for Resale

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

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