Starz — project image
✓ 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
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 23,732 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,582
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 253,000 / 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 Danube Properties.

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Payment Structure

Developer payment plan available

Published payment summary

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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

Al Furjan

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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