One By Preston
Off-Plan

One By Preston

From AED 759,786·Handover Jul 2027·50% down payment Payment
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AED 759,786
Starting Price
Jul 2027
Handover
50% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

One By Preston is a luxurious residential development by Preston Properties, located in Dubai South. The project features a ground floor, four residential floors, and a rooftop. The building's architecture is modern and elegant, offering well-designed studios and apartments with one and two bedrooms. The residences come with fully furnished interiors. Each apartment is equipped with high-quality systems such as smart home technology, and fully fitted kitchens. One By Preston offers a wide range of first-class amenities, including swimming pools for children and adults, a gym, billiards, table tennis, an open-air theater, and a children's play area. The location provides easy access to key city destinations. It’s just 5 minutes to Al Maktoum International Airport, 10 minutes to Dubai Expo, 20 minutes to Dubai International Cricket Stadium, 25 minutes to Palm Jumeirah and Bluewater Island, and Dubai Mall is a 30-minute drive away. EOI: Studio - 30 000 AED 1 BR - 60 000 AED 2 BR - 75 000 AED The launch date will be announced later

Project Specifications
DeveloperPreston Properties
LocationDubai South
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai South
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 32,785 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,712
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 49,386 / 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
One By Preston launch basis844AED 759,786Current launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South 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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One By Preston official render 1

One By Preston official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Preston Properties.

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Payment Structure

50% down payment

Flexible Payment

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Amenities & Lifestyle

Billiards
Children’s pool
Concierge Service
Dining outlets (coffee houses & restaurants)
Infinity pool
Jogging tracks
Kids Play Area
Landscape Open Areas
Lift
Lobby
Maintenance warranty
Outdoor Theater
Outdoor Yoga
Outdoor cinema
Park Access
Parking
Pool Deck
Recreational areas
Security and CCTV
Shared gym & fitness
Sitting Area
Smart home
Social zone
Table Tennis
Valet parking
Walking paths
Zen Garden

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

One By Preston by Preston Properties

02

Located in Dubai South

03

Starting from AED 759,786

04

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

05

Expected handover: Jul 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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