Starz
✓ Resale Available

Starz

From AED 550,000·Completed Feb 2019·Developer payment plan available Payment
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AED 550,000
Starting Price
Feb 2019
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

Starz is a residential apartment complex by developer Danube Properties, located in the Al Furjan area. The two towers form a modern architectural ensemble that harmoniously fits into the appearance of a dynamically developing area. The buildings include is basement level, a functional ground floor, two podium levels and 15 residential floors. The exterior of the buildings is designed in a laconic style with an emphasis on clean lines and panoramic glazing. The rhythmic arrangement of the balconies creates an expressive vertical pattern that emphasizes the height of the towers. The apartments are available in studio, one- and two-bedroom versions. The interior is decorated in a modern style: light colors, natural textures and thoughtful zoning create a sense of spaciousness and comfort. The apartments have high-quality plumbing and built-in storage systems. Residents of the complex can use the swimming pool with a relaxation area, a gym with sauna and Jacuzzi, basketball courts, as well as barbecue areas and a children's playground. The territory is guarded around the clock, there is a concierge service. The complex is located in convenient transport accessibility: Dubai Mall can be reached in 27 minutes, Palm Jumeirah in 19 minutes, and Dubai International Airport in about 35 minutes by car. Nearby is the Sheikh Mohammed Bin Zayed Road highway, which provides quick access to key points of the city.

Project Specifications
DeveloperDanube Properties
LocationAl Furjan
Unit TypesStudio, Apartments
AreaAl Furjan
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 23,733 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,583
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 35,750 / 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
Starz launch basis611AED 550,000Current launch / asking basis
Al Furjan ready-stock comps1,100AED 990,000Indicative resale benchmark
Al Furjan premium peer launches1,350AED 1.22MNew-launch peer set
Trophy alternative proxy1,550AED 1.40MHigher-end anchor for negotiation context

Gallery

Starz — View 2
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Starz official render 1

Starz official render 1

Starz official render 2

Starz official render 2

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Starz official render 5

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Starz official render 9

Starz official render 9

Starz official render 10

Starz official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Danube Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball Half Court
Bike path
Central A/C
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Lift
Lobby
Pets Allowed
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Sitting Area
Social zone
Sports ground
Steam
Walking paths

Location

Al Furjan

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al FurjanAl FurjanDubai, UAE

Developer Track Record

01

Starz by Danube Properties

02

Located in Al Furjan

03

Starting from AED 550,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Feb 2019

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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

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

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