Védaire Residences
Off-Plan

Védaire Residences

From AED 1.47M·Handover Sep 2027·10% down payment Payment
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AED 1.47M
Starting Price
Sep 2027
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Védaire Residences is a residential complex from the developer Elton, located in the Meydan area. The complex is built with special grace, featuring elegant interiors, intuitive design and stunning views. The building includes: a basement floor, a ground floor, 5 residential floors and a roof. Studios and apartments with one and two bedrooms, including those with terraces, are available for sale. The modern design is thought out using intelligent technologies, environmentally friendly elements and an exquisite balance of space, light and quiet luxury. Residents of the complex can use the following facilities: lobby with swimming pool, steam room and sauna, smart home system, fitness center, lounge library, children's playground, barbecue area, fireplace, changing rooms, outdoor cinema, coffee shop, pet area, lounge area, yoga area on the roof, zen garden, coworking space. The distance of Védaire Residences from Burj Khalifa is 11.6 km, Meydan Grandstand is 3.9 km. Dubai International Airport is 13.5 km away, while Burj Al Arab is 19.7 km away. For sale: 1 BR - from 1 470 000 AED / 634 sq. ft. 2 BR - from 2 450 000 AED / 1 016 sq. ft. 2 BR +Terrace - from 3 350 000 AED / 1 662 sq. ft.

Project Specifications
DeveloperElton Real Estate Development
LocationMeydan (Nad Al Sheba 1)
Unit Types1 BR, 2 BR, Apartments
AreaMeydan (Nad Al Sheba 1)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 63,431 / year
Cash-on-Cash
2.2%
Levered cashflow AED 14,921
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 95,550 / 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
Védaire Residences launch basis1,633AED 1.47MCurrent launch / asking basis
Meydan (Nad Al Sheba 1) ready-stock comps1,700AED 1.53MIndicative resale benchmark
Meydan (Nad Al Sheba 1) premium peer launches2,100AED 1.89MNew-launch peer set
Trophy alternative proxy2,600AED 2.34MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Elton Real Estate Development.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Cinema
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Leisure areas
Library
Lobby
Outdoor cinema
Pets Allowed
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Social zone
Yoga studio

Location

Meydan (Nad Al Sheba 1)

Nearby Destinations

Meydan Racecourse — 2 mins
Downtown Dubai — 10 mins
Dubai Mall — 12 mins
Business Bay — 8 mins
Meydan (Nad Al Sheba 1)Meydan (Nad Al Sheba 1)Dubai, UAE

Developer Track Record

01

Védaire Residences by Elton Real Estate Development

02

Located in Meydan (Nad Al Sheba 1)

03

Starting from AED 1,470,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Sep 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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