
The Spark is a promising residential project from ESNAAD Real Estate Development, which is located in the heart of Mohamed Bin Rashid City, District 11, Dubai. The complex offers apartments with 1-2 bedrooms on 5 residential floors, parking on the basement floor, ground floor and facilities on the roof. The project stands out for its carefully designed apartments offering the perfect combination of style and functionality. With a logical layout and careful design, high ceilings and glass facades, each apartment is a testament to the pursuit of excellence. The Spark offers a range of public amenities such as: swimming pool, gym, sauna and steam room, joint work space, cafe, lobby, bicycle parking and electric car charging stations. Thanks to these amenities, residents can seamlessly integrate an environmentally conscious lifestyle into their daily routines. All this contributes not only to current environmental values, but also lays the foundation for a greener future. The Spark organically combines the dynamism of the city and modern tranquility. It is approximately a 12-minute drive to Downtown Dubai and Dubai Mall, 18 minutes to DIFC, 22 minutes to Kite Beach and 20 minutes to Dubai Marina. Dubai International Airport is approximately a 15-minute drive away.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| The Spark launch basis | 1,490 | AED 1.34M | Current launch / asking basis |
| MBR District 11 ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| MBR District 11 premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |






















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MBR District 11
The Spark by ESNAAD Real Estate Development
Located in MBR District 11
Starting from AED 1,340,557
Unit mix includes 1 BR, Apartments
Expected handover: Jan 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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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