Urban Oasis By Missoni — project image
✓ Resale Available

Urban Oasis By Missoni

From AED 1.85M·Completed Aug 2024·100% down payment Payment
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AED 1.85M
Starting Price
Aug 2024
Handover
100% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Urban Oasis by Missoni is a unique project developed by Dar Global in collaboration with the famous Italian fashion house Missoni. It is a building whose design is inspired by vibrant hues and signature patchwork patterns, harmoniously combined with a neutral base. The building includes a basement level, a ground floor, three podium levels, and thirty-four residential floors. The complex offers a variety of housing options, from elegant studios to luxury apartments with 1–3 bedrooms, as well as exclusive penthouses with 3 and 4 bedrooms. Each residence features panoramic views of the Dubai Canal and the city’s iconic skyline. The complex provides everything needed for a comfortable lifestyle: covered parking, a gym with a fitness area, an infinity pool, sports and children’s playgrounds, and a spa center. It also offers 24-hour security, dry-cleaning, and laundry services. Numerous restaurants, cafés, and shops can be found within a 10-minute drive of the property. Urban Oasis by Missoni is located in the Business Bay area, close to Dubai’s main highways — Sheikh Zayed Road and Al Khail Road. This prime location ensures quick access to popular destinations such as Downtown Dubai – 5 minutes, Dubai Mall – 5 minutes, Jumeirah Beach – 7 minutes, Dubai Marina – 17 minutes, Dubai International Airport (DXB) – 17 minutes, Expo 2020 – 30 minutes.

Project Specifications
DeveloperDarGlobal
LocationBusiness Bay
Unit Types1 BR, 2 BR, Apartments
AreaBusiness Bay
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 79,827 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,777
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 851,000 / 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 DarGlobal.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Children’s pool
Concierge Service
Covered Parking
Infinity pool
Leisure areas
Lift
Lobby
Pool Deck
Pool Lounge
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Social zone

Location

Business Bay

Nearby Destinations

Business Bay

Developer and Project Facts

01

Urban Oasis By Missoni by DarGlobal

02

Located in Business Bay

03

Starting from AED 1,850,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Aug 2024

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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Property Enquiries

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

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