Nirvana Residences  1 — project image
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Nirvana Residences 1

From AED 740,977·Handover Dec 2028·20% down payment Payment
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AED 740,977
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Nirvana Residences 1 is a residential complex in the Me'aisem area of ​​Dubai Production City, designed around the idea of ​​harmony, balance, and tranquil urban living. The project consists of two basements, a ground floor, two podiums, nineteen residential floors, and a rooftop, comprising studios, 1-, 2-, and 3-bedroom apartments. The building's architecture is characterized by a modern, understated expression, and a thoughtful structure distributes functions throughout the complex. The residences' interiors emphasize spacious layouts, natural light, and finishes that will remain contemporary and comfortable for years to come. Residents enjoy a wide range of amenities, including swimming pools for adults and children, a yoga studio, gyms, play areas for children, a coworking, an event hall, an open-air cinema, a barbecue, lounges, and more. Nirvana Residences 1 is conveniently located, offering the perfect balance of accessibility. Approximate driving distances to key attractions include: Dubai Hills Mall — 11 min, Palm Jumeirah, Mall of the Emirates —14 min, Global Village, Jumeirah Lake Towers, Dubai Media City, and Dubai Internet City — 15 min, and Dubai International Airport and Dubai World Central — 25 min.

Project Specifications
DeveloperMeraki
LocationDubai Production City
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai Production 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 31,973 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,521
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 340,849 / 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 Meraki.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
BBQ
Children’s pool
Event Lawns
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lounge
Open air gym
Outdoor cinema
Paddle court
Parking
Pool Deck
Pool Lounge
Resting Areas
Security and CCTV
Shared gym
Sitting Area
Social zone
Tennis court

Location

Dubai Production City

Nearby Destinations

Dubai Production City

Developer and Project Facts

01

Nirvana Residences 1 by Meraki

02

Located in Dubai Production City

03

Starting from AED 740,977

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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