Sola Residences
Off-Plan

Sola Residences

From AED 1.30M·Handover Dec 2027·20% down payment Payment
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AED 1.30M
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Sola Residences is a modern residential complex presented on the market by Octa Properties agency. The developer is the well-known company Centurion Properties. The project is designed for those who appreciate a high quality of life and strive for harmony between urban dynamics and the comfort of their own home. Sola Residences stands out for its modern architecture. Laconic lines and thoughtful facades create an aesthetically attractive look. The building consists of a ground floor and podium level with amenities, twelve residential floors, and a roof. The residents and investors are offered studios and apartments with the number of bedrooms from one to three with spacious layouts. Finishing is made with quality materials and panoramic glazing. The complex is equipped with a modern security system, including video surveillance, access control, and 24-hour security service. Kitchens are equipped with appliances of well-known European brands. To maximize the comfort of residents, Sola Residences offers an extensive range of amenities. Residents have easy access to Dubai's major attractions. The Energy Metro Station is just a 4-minute drive, Palm Jumeirah is 17 minutes away, and Mall of the Emirates is a 25-minute away. Global Village and Al Maktoum International Airport are half an hour's away, and Dubai International Airport is 35 minutes.

Project Specifications
DeveloperCenturion Properties
LocationWasl Gate
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaWasl Gate
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 56,138 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,205
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 84,565 / 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
Sola Residences launch basis1,446AED 1.30MCurrent launch / asking basis
Wasl Gate ready-stock comps1,500AED 1.35MIndicative resale benchmark
Wasl Gate 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 Centurion Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Lobby
Meditation zone
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Sports ground
Walking paths

Location

Wasl Gate

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Wasl GateWasl GateDubai, UAE

Developer Track Record

01

Sola Residences by Centurion Properties

02

Located in Wasl Gate

03

Starting from AED 1,301,000

04

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

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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