The Spark — project image
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The Spark

From AED 1.34M·Completed Jan 2026·20% down payment Payment
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AED 1.34M
Starting Price
Jan 2026
Handover
20% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperESNAAD Real Estate Development
LocationMBR District 11
Unit Types1 BR, Apartments
AreaMBR District 11
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 57,845 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,607
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 616,656 / 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 ESNAAD Real Estate Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Leisure areas
Lift
Lobby
Sauna
Shared Pool
Shared gym
Shared gym & fitness

Location

The Spark location map
Project location

Nearby Destinations

MBR District 11

Developer and Project Facts

01

The Spark by ESNAAD Real Estate Development

02

Located in MBR District 11

03

Starting from AED 1,340,557

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Jan 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

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

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