DubaiCurated
Three developer partners, evaluated the same way.
Floareá Skies (Mashriq Elite), Nirvana Residences (Meraki Developers) & the Dugasta Portfolio — evaluated through the same 5D filter, September–October 2026
ThePropVest is a curated real estate investment platform, not a listings marketplace — every opportunity is personally evaluated by founder Mayank Gupta (ex-Director Product, Housing.com) on fundamentals, risk, and downside before it reaches you. ← Back to overview · Compare all 11 →
Founder-led — personally evaluated
13+ yrs — Products & Growth, ex-Housing.com
8 addresses — Floareá Skies, Nirvana & the Dugasta Portfolio
Why Dubai, right now
0%
Income & capital gains tax
AED 2M+
Gets a Golden Visa
10 yr
Golden Visa validity
4%
One-time fee, no annual tax
DWC
Mega-airport expansion underway
The dirham is pegged to the US dollar; +3%/yr is the rupee's long-run average fall against it, not a guarantee. 4% is the one-time DLD registration fee. 6–8% is a typical gross rental yield in Dubai; it varies by area and unit.
Exhibit 04
Floareá Skies — Mashriq Elite Developments
Only 26 units left
04
New tower at the entrance of JVC, Dubai — next to the upcoming Metro.
Why invest
- ✓₹60 L to book
- ✓70% only at handover
- ✓Only 26 units left
- ✓Metro station next door
Verify first
- ⚠No rent guarantee
- ⚠Off-plan till 2028
- ⚠Not site-visited yet
Location — JVC
10 min
Internet & Media City
15 min
Marina · Mall of the Emirates
Drive times per the developer; traffic varies.
Two ways to earn
Sell at handoverReturn on your 30% (₹89.9 L)
Price +5%+22%
Price +10%+39%
Hold and rentFrom Q1 2028
Rent / year₹24.9 L
Rent / month₹2.07 L
Full detail
Investment Snapshot
2 Bedroom + Study
₹4.69 Cr
Payment
20% · 5% · 5% · 70%
Our take: Light entry, strong location — but returns are market-driven, not contractual.
Illustrative, not guaranteed. Prices per developer inventory, 8 Oct 2026, excl. 4% DLD. AED 1 = ₹26.2 today, ₹27.4 assumed at handover. Rent (AED 95,000/yr) is a Bayut market estimate. Payment plan to be confirmed in your SPA; RBI LRS cap USD 250,000 per person per year.
Exhibit 05
Nirvana Residences — Meraki Developers
05
One tower, three unit types, three ways to structure a return: a straightforward 5-year rental guarantee, a leveraged mortgage play, or a fast 2-year capital-return product. Numbers below use the 1 Bedroom (AED 1,200,000 / ₹3.12 Cr) as the illustrative unit — Studio and 2 Bedroom scale the same way.
Why invest
- ✓Three flexible return structures — rental, leverage, or capital return
- ✓Dirham-dollar peg adds a currency tailwind on INR returns
- ✓100% freehold, zero income & capital gains tax
Why not / verify first
- ⚠Rental/capital-return figures are developer promotional programmes
- ⚠Not yet independently site-inspected
- ⚠Mortgage financing rate is illustrative only
Full detail
Investment Snapshot
Entry
₹1.95 Cr (Studio) – ₹4.42 Cr (2BR)
Return structure
10% rental (5yr), 125% capital return (2yr), or 40:60 leverage
Holding period
2–5 yrs, depending on structure chosen
Developer
Meraki Developers
Legal status
Desk-reviewed against DLD/investor docs — not yet site-visited
Exit strategy
Resale on Dubai's freehold secondary market after your chosen term
Our take: Moderate confidence — the return structures are well-documented, but everything here is reviewed against Meraki's own materials, not personally site-inspected.
₹1.95 Cr
Studio — AED 750,000
₹3.12 Cr
1 Bedroom — AED 1,200,000
₹4.42 Cr
2 Bedroom — AED 1,700,000
40:60
Payment plan — 20% booking, 10%/10% at mo.12/24, 60% on possession
10% Guaranteed Rental5 years, from full payment
Annual rental (10%)₹31.20 L
Clock startsDay unit is paid in full
5-Year Total (50%)
₹1.56 Cr
Smart Leverage40% equity, 60% mortgage
Equity (40%)₹1.25 Cr
Mortgage (60%)₹1.87 Cr
Financing cost4.5% p.a., illustrative
Effective Yield on Equity
13.75%
2-Year Capital Return12.5% p.a., pay in full
You invest₹3.12 Cr
You receive, 2 yrs (125%)₹3.90 Cr
Pick one structure per unit, not a combination. AED 1 = ₹26.00, reference rate; actual remittance rates vary under the RBI Liberalised Remittance Scheme.
Worth confirming before you sign
- The 10% rental guarantee and the 125% capital-return figure are developer promotional programmes — verify both in your own SPA before paying.
- The 4.5% mortgage rate is illustrative only — actual financing is subject to bank approval and prevailing rates at the time of application.
- Get current unit availability and pricing confirmed directly — this book's prices are as published September 2026.
Dugasta Portfolio — six addresses, one guarantee
Three phases in Dubai Industrial City (Al Haseen 3/4/5), plus one each in Majan, Dubai Land, and Dubai South. Every project carries the same contractual floor: 10% net rent for ten years, and a written commitment to buy the unit back at your original price.
06
Al Haseen Residences 3
Dubai Industrial City
✈ ~15 min to Al Maktoum International — Dubai Industrial City cluster
Cash to start (40%)
₹49.6 L
Assured Buyback, 10yr
252%
Get the detailed audit report →
07
Al Haseen Residences 4
Dubai Industrial City
✈ ~15 min to Al Maktoum International — Dubai Industrial City cluster
Cash to start (40%)
₹59.2 L
Assured Buyback, 10yr
252%
Get the detailed audit report →
08
Al Haseen Residences 5
Dubai Industrial City
✈ ~15 min to Al Maktoum International — Dubai Industrial City cluster
Cash to start (40%)
₹62.0 L
Assured Buyback, 10yr
252%
Get the detailed audit report →
09
Paradise View 2
Majan
🏙 25 min to Burj Khalifa · near Global Village & IMG Worlds of Adventure
Cash to start (40%)
₹92.9 L
Assured Buyback, 10yr
252%
Get the detailed audit report →
10
Terra Tower
Dubai Land Residence Complex
🏙 Quick reach to Burj Khalifa via major highways
Cash to start (40%)
₹58.9 L
Assured Buyback, 10yr
252%
Get the detailed audit report →
11
Astra South
Dubai South
✈ Near Al Maktoum International & Expo City · 2BR qualifies for Golden Visa
Cash to start (40%)
₹1.70 Cr
Assured Buyback, 10yr
252%
Get the detailed audit report →
Entry ticket is the lowest published unit price per project, August 2026, excluding DLD registration (4%) and other charges unless stated in the SPA. Potential Market Sale (10yr, modelled) runs 337% across all six — see the note below for what's contractual vs. modelled. AED 1 = ₹26.00 spot rate, 3 August 2026.
Why invest
- ✓10% net rent for 10 years, written into the SPA
- ✓Written buyback at your original AED price
- ✓Six price points from ₹1.24 Cr to ₹4.24 Cr
Why not / verify first
- ⚠Desk-based due diligence only — no site visit yet
- ⚠Buyback and rent depend on the executed SPA, not the brochure
- ⚠DLD registration & closing costs sit on top of the entry ticket
Full detail
Investment Snapshot — applies across all six addresses
Entry range
₹1.24 Cr – ₹4.24 Cr
Return structure
10% net rent, 10 yrs — contractual
Holding period
10 yrs to buyback; resalable earlier
Legal status
Desk-reviewed against investor docs — not yet site-visited
Exit strategy
Contractual buyback at original AED price, or open-market resale
Our take: Moderate confidence — the 10% rent and buyback are contractual, the strongest protection in this book for a Dubai asset, but it rests on Dugasta's ability to honour that commitment across all six addresses.
What's actually contractual
- Contractual, fixed in the SPA: the 10% net annual rent for 10 years, and Dugasta's written buyback at your original AED price.
- Modelled, not guaranteed: 3% p.a. rupee depreciation (applied to both outcomes) and 5% p.a. capital appreciation (Potential Market Sale only) — both are long-run historical averages, not promises.
- The Assured Buyback path (252%) is the one backed by contract; the Potential Market Sale path (337%) additionally depends on market appreciation that isn't guaranteed.
Worth confirming before you sign
- Get the buyback commitment, the 10% rent guarantee, and the service-charge waiver written into your specific SPA — a brochure isn't a contract.
- Confirm DLD registration and other closing costs, which sit on top of the entry ticket shown above.
- Remittance is under the RBI Liberalised Remittance Scheme, capped at USD 250,000 per person per year — plan multi-year payment schedules accordingly.