Nourelle 1 — project image
Off-Plan

Nourelle 1

From AED 3.93M·Handover Jun 2029·20% down payment Payment
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AED 3.93M
Starting Price
Jun 2029
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Nourelle is the first of three remarkable buildings by Meraas, located within the Madinat Jumeirah Living community. The complex features a ground level and twelve residential floors, offering a thoughtfully curated collection of 1–4 BR residences. The exterior of the tower embraces a contemporary aesthetic: elegant façades with refined cutouts and lush green accents create a dynamic and sophisticated appearance. The architectural design maximizes natural light, promotes open and breathable spaces, and frames panoramic views of the city skyline and surroundings. The interiors reflect modern elegance and functional harmony. Each apartment features contemporary design with open layouts, floor-to-ceiling windows that fill the rooms with natural light, and premium materials that create an atmosphere of comfort and warmth. Residents will enjoy a wide range of amenities, including swimming pools, panoramic leisure decks, modern gyms and yoga studios, children’s play areas, pocket parks, and retail outlets. A skybridge with landscaped gardens and pools evokes the ambiance of a private resort in the sky. Nourelle is ideally situated next to Sheikh Zayed Road, just 5 minutes from Mall of the Emirates and 20 minutes from The Dubai Mall, surrounded by iconic landmarks such as Jumeirah Burj Al Arab, Jumeirah Marsa Al Arab, and Jumeirah Beach Hotel.

Project Specifications
DeveloperMeraas Developer
LocationMJL (Madinat Jumeirah Living)
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments, Penthouse
AreaMJL (Madinat Jumeirah Living)
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 169,450 / year
Cash-on-Cash
2.2%
Levered cashflow AED 39,859
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.81M / 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

20% down payment

Published payment summary

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Amenities & Lifestyle

Community Lawn
Infinity pool
Kids Play Area
Landscaped park
Leisure areas
Lift
Lobby
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Sky Garden
Social zone
Walking paths
Yoga Area

Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

MJL (Madinat Jumeirah Living)

Developer and Project Facts

01

Nourelle 1 by Meraas Developer

02

Located in MJL (Madinat Jumeirah Living)

03

Starting from AED 3,927,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Jun 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

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

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