Myra Residences

Dubai South Residential District · by Sikanta Developments

HomesStudio – 2-bed
KeysQ1 2027
Homes in total64
DeveloperSikanta Developments

Homes in this building

Studio
419 – 547 sq ft · 1 bath · AED 1,337/sq ft
fromAED 560K
1-bed
935 – 953 sq ft · 2 baths
Price on request
2-bed
1,028 – 1,159 sq ft · 3-4 baths · AED 1,393/sq ft
fromAED 1.43M

What's in the building

Rooftop swimming pool
Interconnected pools
Gym
Google Nest smart home
Digital key access
24/7 CCTV

Payment plan

10% booking, 10% SPA, 10% at 4, 7, 11 and 14 months, 40% on handover

Construction

The Dubai Land Department hasn't published a progress figure for this project yet.

Expected handover: Q1 2027; official site gives no date.

About this data: From the developer's published details, with some figures from listing portals.

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Myra Residences4 photos
Myra Residences: interior living, photo 1 of 4Myra Residences: interior living, photo 2 of 4Myra Residences: interior kitchen, photo 3 of 4Myra Residences: floorplan, photo 4 of 4

Your monthly payment

AboutAED 2,427 a month

For a home of AED 560K

Loan
Interest over the term
Fees at transfer, about
Cash needed up front

Off-plan homes are usually paid to the developer while they're built (here: 10% booking, 10% SPA, 10% at 4, 7, 11 and 14 months, 40% on handover), and banks lend on the balance near handover; before completion they lend at most 50%.

Assumes a UAE resident expat buying a first home: banks lend up to 80% (70% above AED 5M) for up to 25 years, and fixed rates run about 3.75–5% today. Fees: 4% DLD transfer fee, 0.25% mortgage registration and about 1% to the bank. An estimate, not a loan offer.