EIRA Residence 1
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    Off-PlanApartment

    EIRA Residence

    Dubai Production City, Dubai, UAE

    Developer

    Neoterra Developments

    Starting Price

    AED 550,000

    Unit Types

    1-3 BR · Studio

    Size Range

    350 - 350 sqft

    33 - 33 sqm

    Handover

    Q2 2029

    Payment Plan

    50 - 50%

    Booking - Construction - Handover

    About the Project

    Project Overview

    EIRA Residence by Neoterra Developments in Dubai Production City brings a curated collection of Studio, 1 BR, 2 BR, and 3 BR apartments with starting prices from AED 550,000 for buyers seeking well-connected Dubai real estate. The mid-rise structure is configured as 2 basement levels, ground plus eight floors with a rooftop deck, with handover scheduled for Q2 2029 near the Dubai Metro Blue Line.

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    Studio

    EIRA Residence

    Available

    Starting From

    AED 550,000

    Studio

    Bedrooms

    1

    Baths

    350

    Sq. Ft.

    Key Features

    Built-in WardrobesBalconyCentral A/C
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    Why This Project

    Key Highlights

    Premium residential development by Neoterra Developments.
    Located in Dubai Production City (IMPZ).
    Mid-rise building with 2B + G + 8 Floors + Roof configuration.
    Collection of 181 thoughtfully designed apartments.
    Flexible 50/50 payment plan with handover expected in Q2 2029.

    Payment Plan

    For Studio · AED 550,000

    50 - 50%

    During Construction

    Step 1 · 50% paid

    50%
    AED 275,000

    On Handover

    Step 2 · 100% paid

    50%
    AED 275,000

    Total

    AED 550,000

    50% During Construction, 50% On Handover.

    Location & Nearby

    Dubai Production City

    Dubai Metro Blue Line

    Major road networks

    Shopping centres

    Supermarkets

    Schools

    Healthcare facilities

    Dining venues

    Fitness centres

    Recreational destinations

    Investment Highlights

    7-9%

    Est. Rental Yield

    12-15%

    Capital Growth

    90%+

    Occupancy Rate

    Off-plan apartments starting from AED 550,000
    Intimate community with only 181 homes
    Flexible 50/50 payment plan available
    Handover expected in Q2 2029
    Prime location in Dubai Production City

    LIFESTYLE

    Amenities & Facilities

    Rooftop Resort-Style Swimming Pool
    Club Serene Rooftop Lounge
    Landscaped Rooftop Gardens
    Fully Equipped Fitness Centre
    Yoga and Wellness Space
    Landscaped Green Areas
    Reflective Water Features
    Decorative Fountains
    Children's Play Area
    Indoor Residents' Lounge
    Elegant Marble-Finished Lobby
    Multipurpose Community Space
    Outdoor Seating & Relaxation Areas
    Walking and Leisure Pathways
    Covered Parking
    24/7 Security with CCTV Surveillance
    High-Speed Elevators
    Smart Access Control System
    Retail & Convenience Outlets Nearby
    Dedicated Bicycle Parking

    Common Questions

    Frequently Asked Questions

    What is the location of EIRA Residence?

    EIRA Residence is strategically located in Dubai Production City, Dubai, UAE. This area is known for its vibrant community and proximity to key business hubs, making it an ideal choice for both residents and investors.

    Who is the developer of EIRA Residence?

    EIRA Residence is developed by Neoterra Developments, a reputable company known for creating innovative and sustainable residential projects in Dubai. Their commitment to quality and design is reflected in the thoughtful layout and amenities of EIRA Residence.

    What types of units are available at EIRA Residence?

    EIRA Residence offers a variety of unit types including studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. This diverse selection caters to different lifestyle needs and preferences, making it suitable for individuals, couples, and families.

    What is the starting price for units at EIRA Residence?

    The starting price for units at EIRA Residence is AED 550,000, which is approximately USD 150,000. This competitive pricing makes it an attractive option for both first-time buyers and seasoned investors looking to enter the Dubai real estate market.

    What is the payment plan for purchasing a unit at EIRA Residence?

    EIRA Residence offers a flexible 50/50 payment plan, allowing buyers to pay 50% of the purchase price during the construction phase and the remaining 50% upon handover. This structure provides financial ease and makes investing in your dream home more accessible.

    When is the handover date for EIRA Residence?

    The expected completion and handover date for EIRA Residence is in Q2 2029. This timeline allows buyers to plan their investments and move into their new homes in a timely manner.

    Who is eligible to own a unit in EIRA Residence?

    EIRA Residence offers freehold ownership, which means that all nationalities are eligible to purchase a unit. This inclusivity makes it an appealing option for both local and international buyers looking to invest in Dubai.

    What amenities are available at EIRA Residence?

    EIRA Residence boasts a range of luxurious amenities including a rooftop resort-style swimming pool, Club Serene rooftop lounge, landscaped rooftop gardens, and a fully equipped fitness centre. Additional features include yoga and wellness spaces, children's play areas, and elegant communal spaces designed for relaxation and social interaction.

    What are the investment potential and benefits of EIRA Residence?

    Investing in EIRA Residence presents strong potential due to its prime location in Dubai Production City, which is rapidly developing as a key residential and commercial hub. The combination of competitive pricing, flexible payment plans, and high-quality amenities positions EIRA Residence as a promising investment opportunity in Dubai's thriving real estate market.

    Developer

    About the Developer

    ND

    Neoterra Developments

    Neoterra Developments is a leading real estate developer in the UAE, known for delivering iconic residential and commercial projects across prime locations in Dubai.

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    AED 550,000

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