Rove Home Downtown Dubai
✓ Resale Available

Rove Home Downtown Dubai

From AED 1.45M·Completed Jun 2026·Accepted payment methods: credit_debit_card, cash, bank_t... Payment
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AED 1.45M
Starting Price
Jun 2026
Handover
Accepted payment methods: credit_debit_card, cash, bank_t...
Payment Plan
Studio · Apartments
Type

Project Overview

Rove Home Downtown Dubai is a residential complex of the global brand Rove Hotels from the developer IRTH Group. It is located in the heart of the Business Bay area. The residential complex consists of basement level, a functional ground floor, a mezzanine, three podium levels and nineteen residential floors. The complex features studios and apartments with one and two bedrooms, which have modern and functional layouts. The interiors are decorated in bright colors and create a cozy atmosphere. Panoramic windows fill the apartments with natural light and allow you to admire breathtaking views of the Burj Khalifa and the city center. Each residence also has spacious private balconies. Premium amenities such as a gym, multiple pools with sun loungers, a Jacuzzi, a yoga studio, a recreation area with a cinema, a barbecue area, a cafe and a children's play area are provided for residents. There are many shopping malls, restaurants, cafes, parks, kindergartens, schools and medical institutions near the complex. Rove Home Downtown Dubai is conveniently located — close to key points of social and entertainment infrastructure — and has easy access to a wide range of services and iconic attractions. The complex is only 5-6 minutes from Burj Park, Burj Khalifa and Dubai Mall. Dubai International Airport is a 16—minute drive away.

Project Specifications
DeveloperIRTH Group
LocationDowntown Dubai
Unit TypesStudio, 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 62,568 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,718
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 94,250 / 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
Rove Home Downtown Dubai launch basis1,611AED 1.45MCurrent 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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Rove Home Downtown Dubai official render 1

Rove Home Downtown Dubai official render 1

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Rove Home Downtown Dubai official render 9

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Rove Home Downtown Dubai official render 10

Astraterra Properties

Official Documents

Download official marketing materials from IRTH Group.

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Payment Structure

Accepted payment methods: credit_debit_card, cash, bank_t...

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Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped park
Leisure areas
Lift
Lobby
Parking
Pool Deck
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone

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

Rove Home Downtown Dubai by IRTH Group

02

Located in Downtown Dubai

03

Starting from AED 1,450,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Jun 2026

06

Official render/gallery images available

Available for Resale

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

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