Solaya 5
Off-Plan

Solaya 5

From AED 35.03M·Handover Oct 2029·20% down payment Payment
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AED 35.03M
Starting Price
Oct 2029
Handover
20% down payment
Payment Plan
3 BR · 4 BR
Type

Project Overview

Solaya 5 is the fifth residential building developed by Meraas in Port De La Mer, featuring a basement level, a ground-level, seven residential floors, and a roof. The collection includes two-, three-, and four-bedroom apartments, garden residences, duplexes, and penthouses. The exterior features glass façades and spacious terraces, creating a sense of openness and offering views of the sea and the city. The interiors, designed by 1508 London studio, reflect a contemporary style with the use of stone, wood, and textured finishes. High ceilings and well-planned layouts provide bright and functional living spaces. Residents of Solaya 5 enjoy access to private gardens, swimming pools, beachfront lounges, a fitness studio, spa, cinema, and library. Concierge, housekeeping, and maintenance services are also available, ensuring a premium living experience. The location offers exceptional convenience: J1 Beach is just a 2-minute walk away, City Walk and Mandarin Oriental Jumeirah can be reached in 10 minutes, and Bulgari Resort Dubai in 12 minutes. Downtown Dubai, The Dubai Mall, and DIFC are 20 minutes away, while Dubai International Airport is about a 30-minute drive.

Project Specifications
DeveloperMeraas Developer
LocationPort De La Mer
Unit Types3 BR, 4 BR, 5 BR, Apartments
AreaPort De La Mer
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 1.51M / year
Cash-on-Cash
2.2%
Levered cashflow AED 355,585
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 2.28M / 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
Solaya 5 launch basis38,926AED 35.03MCurrent launch / asking basis
Port De La Mer ready-stock comps1,500AED 1.35MIndicative resale benchmark
Port De La Mer 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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Solaya 5 official render 1

Solaya 5 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Adults Pool
Beach Access
Beach Club
Beauty Salon
Children’s pool
Cinema
Concierge Service
Covered Kids Play Area
Dining outlets (coffee houses & restaurants)
Floral Garden
Kids Play Area
Landscaped garden
Laundry
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Multipurpose Sports Courts
Park Access
Parking
Pool Deck
Pool Lounge
Private pool
SPA
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Treatment Room
Valet parking
Yoga Area

Location

Port De La Mer

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Port De La MerPort De La MerDubai, UAE

Developer Track Record

01

Solaya 5 by Meraas Developer

02

Located in Port De La Mer

03

Starting from AED 35,033,000

04

Unit mix includes 3 BR, 4 BR, 5 BR, Apartments

05

Expected handover: Oct 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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