Solcasa Residence — project image
Off-Plan

Solcasa Residence

From AED 950,000·Handover Jun 2026·20% down payment Payment
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AED 950,000
Starting Price
Jun 2026
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Solcasa Residence is an outstanding project from the developer Matrix in the Meydan (Nad Al Sheba 1) district. It combines modern architectural craftsmanship and environmental construction practices. This residential complex is admired for its elegant and minimalistic design with wide glass panels. The building consists of a ground floor, two podium floors, and five residential floors. The use of environmentally friendly materials emphasizes visual appeal and minimizes the impact on the environment, creating harmony between a modern lifestyle and caring for nature. The complex offers a variety of apartments, including studios and apartments with one, two, and three bedrooms, which meet the different needs of residents. Each space features stylish finishes and high-quality materials such as marble and handmade wood. Residents can enjoy the state-of-the-art gym, swimming pool, jacuzzi, indoor cinema, and many other amenities that make life here comfortable. The location in the Meydan area provides easy access to shops, restaurants, and other infrastructure facilities. Key attractions such as Burj Khalifa and Downtown Dubai are just 5 minutes away, Dubai International Airport is 12 minutes away, and Palm Jumeirah is 25 minutes away. The Dubai Mall, Dubai Opera and Dubai Frame are within 15 minutes.

Project Specifications
DeveloperMatrix Real Estate Development
LocationMeydan (Nad Al Sheba 1)
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaMeydan (Nad Al Sheba 1)
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 40,992 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,642
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 437,000 / 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

Download official marketing materials from Matrix Real Estate Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

ATM Facility
Air disinfectant system
Central A/C
Children’s pool
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Indoor cinema
Jogging tracks
Kids Play Area
Landscaped garden
Laundry
Leisure areas
Lift
Lobby
Lounge
Maintenance warranty
Outdoor parking
Parking
Private pool
Retail outlets
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym
Shared gym & fitness
Smart home
Storage Areas

Location

Meydan (Nad Al Sheba 1)

Nearby Destinations

Meydan (Nad Al Sheba 1)

Developer and Project Facts

01

Solcasa Residence by Matrix Real Estate Development

02

Located in Meydan (Nad Al Sheba 1)

03

Starting from AED 950,000

04

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

05

Expected handover: Jun 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Qualified Buyer Flow
Property Enquiries

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

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