Nirvana Residences  1
Off-Plan

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
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 31,973 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,521
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 48,164 / 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
Nirvana Residences 1 launch basis823AED 740,977Current launch / asking basis
Dubai Production City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Production City 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 Meraki.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Nirvana Residences  1 — 1 Bedroom Floor Plan

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

Developer Track Record

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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