Myra Residences
Myra Residences Offered by Buy Dubai Off-Plan
Myra Residences

Myra Residences

by Sikanta in Dubai South View on map Handover soon

Starting price
AED 650,000
Payment plan
60/40
Handover
Q1 2027

≈ € 156,000

Project details

Starting price AED 650,000 ≈ € 156,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q1 2027 Handover soon
Bedrooms Studio12
Property type
Apartment
Floor area
39 to 108 m²
Developer
Sikanta
Location
Dubai South
Project brochure
Free, with no obligation

The Myra Residences brochure

Download the brochure for Myra Residences of Sikanta in Dubai South for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Myra Residences

  • Boutique residential complex with just 64 exclusive apartments

  • Favourable payment plan with 60% during construction and 40% upon completion

  • Prime location in Dubai South, the forward-thinking urban district

  • Spacious apartments with practical layouts from 39 m² to 108 m²

  • Tropically inspired architecture with resort-style amenities

Overview of Myra Residences in Dubai South

Myra Residences represents a unique opportunity in Dubai’s real estate market, specifically designed for those seeking exclusivity and refined living experiences. This low-rise project developed by Sikanta Developments offers just 64 carefully curated apartments, immediately ensuring a sense of privacy and community. Completion is scheduled for the first quarter of 2027, offering potential buyers an excellent investment horizon. The project distinguishes itself through its human-centric scale and sensory richness, with every space designed to transform daily moments into special experiences. The architecture and landscape design are inspired by tropical resorts, with lush planting and water features weaving between the buildings. This is not a conventional residential complex, but a residential retreat that redefines the concept of ‘home’. The limited number of residences creates an exclusive atmosphere that is rare in Dubai’s dynamic property market. The developer has paid particular attention to the selection of materials, sightlines and interstitial spaces, all aimed at enriching the daily experience. For international investors, this project offers a balanced combination of quality of life and investment potential in a city that is continuously developing. The philosophy behind Myra Residences revolves around slowing down daily life and embracing pleasant details, a welcome counterpoint in the bustling metropolis of Dubai. The project serves as an oasis of calm without sacrificing the modern conveniences and amenities that enhance life. The integration of natural elements and carefully considered design creates an environment where residents can truly relax and recharge.

Property Types and Layouts at Myra Residences

Myra Residences offers a selection of apartments ranging from practical studios to spacious two-bedroom homes, with areas from 39 m² to 108 m². This diversity of living spaces ensures that different lifestyles and needs are perfectly served. The studios are efficiently designed and provide everything needed for comfortable living, ideal for singles or young couples considering their first investment in Dubai property. The one-bedroom apartments offer more space and privacy, with separate living and sleeping areas suitable for professionals or couples. The two-bedroom units represent the most spacious option within the project, perfect for families or those who regularly entertain guests. All apartments feature practical layouts that guarantee optimal use of the available space, with attention to functionality without compromising on aesthetics. The designs are characterised by elegant understatement combined with warm surprises in the finishing. Wide balconies and terraces connect indoor living with outdoor space and offer views of the carefully landscaped gardens and water features. The choice of materials, finishes and amenities is consistently high-quality throughout all property types, emphasising the unity and quality of the entire project. For international investors, these different property types offer flexibility in investment strategy, with smaller units being interesting for rental and larger apartments attractive for personal use or long-term investment. The combination of limited availability and diverse offering creates a balanced portfolio within one residential project.

Developer Sikanta and Construction Quality of Myra Residences

Sikanta Developments positions itself with Myra Residences in the premium segment of Dubai’s property market, with a clear focus on quality over quantity. This developer has a vision that extends beyond merely building homes, but is rather focused on creating complete living environments that unite emotion and functionality. The architecture of Myra Residences testifies to this approach, with a controlled and modern material palette encompassing warm stone, textured plaster and glass. These materials are used dramatically to celebrate shadow and texture, rather than for spectacular gestures. The buildings themselves are designed with terraces and landscaped setbacks that avoid monotony and instead ensure optimal daylight and natural ventilation in all living spaces. The common areas, such as the lobby and rooftop terrace, are designed as extensions of the home environment, with a focus on comfort and slowing down rather than merely functional passage. The roof level has been transformed into a social area with swimming pool and lounge deck offering views of the skyline, while at podium level, interwoven swimming pools wind under and between the garden zones. The attention to detail is remarkable, with facilities serving different generations, including a dedicated children’s pool, play areas and a fitness centre with changing rooms. This holistic approach to residential construction reflects Sikanta’s development philosophy, where every aspect of the project contributes to the overall living experience. For international buyers, this proven quality approach offers additional assurance in their investment decision.

Location and Surroundings of Myra Residences in Dubai South

The strategic location of Myra Residences within Dubai South places this project at the heart of one of the most ambitious masterplans in the emirate. Dubai South is being developed around Al Maktoum International Airport with the vision of creating an integrated city that serves as a hub for logistics, leisure, education and commerce. This position offers residents of Myra Residences unrivalled connectivity and accessibility to Dubai’s main economic drivers. The district features carefully planned density for retail, multiple educational institutions including the GEMS Founders School by New World Schools Trust, and quick access to Expo City and key logistics hubs. Macro-economic statistics support the attractiveness of this location for long-term investors, with expected population growth in Dubai and consistent transaction and rental price increases. The immediate surroundings of the project are designed with a focus on greenery and water, creating a resort-like atmosphere that is unique in this forward-thinking urban development. The tropically inspired architecture is framed by lush landscapes and flowing water features that create a sense of coolness and tranquillity. The human-centric scale of the design prioritises natural light, open views and seamless indoor-outdoor living, which perfectly suits the needs of European residents. The proximity to key infrastructure and amenities ensures that residents can enjoy all the benefits of city life without compromising on the quality of their immediate living environment. This combination of strategic location and carefully designed living climate makes Myra Residences particularly attractive to buyers who value both connectivity and residential quality.

Payment Plan and Investment Opportunities at Myra Residences

The payment plan for Myra Residences is specifically designed to offer international investors financial flexibility and security during the construction process. With a starting price of AED 650,000 (approximately £140,000, €160,000), this project represents an accessible investment in the premium segment of Dubai’s property market. The payment plan is clearly structured with 60% of the purchase price spread across the construction period and the remaining 40% due upon final completion in the first quarter of 2027. This structure enables buyers to spread their payments throughout the development phase, which significantly simplifies financial planning. The phased payments during construction provide investors with regular milestones to track the project’s progress, giving additional confidence in timely completion. The limited availability of just 64 residences creates natural scarcity, which positively contributes to value retention and potential medium-term capital appreciation. The diversity of property types offers various investment strategies, from renting studios to young professionals to long-term investment in larger apartments for families. The location in Dubai South, with its extensive development plans and growth potential, significantly strengthens the investment case. The combination of a favourable payment plan, exclusivity through limited availability, and strategic location in a growth zone makes Myra Residences a balanced investment opportunity in Dubai’s dynamic property market. For international investors familiar with local market conditions, we are pleased to offer additional information and support with the purchase procedure.

Amenities

Payment plan for Myra Residences

60%40%
60%
During construction, in instalments
AED 390,000
≈ € 94,000
40%
After handover
AED 260,000
≈ € 62,000

Monthly payments and your own funds

How much do you need for Myra Residences, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,316

≈ € 320 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 390,000≈ € 93,600
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 260,000≈ € 62,400
Purchase costs4% DLD fee and mortgage costs
AED 30,120≈ € 7,200
Total funds required
AED 420,120≈ € 100,800
Request finance guidance for Myra Residences
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Myra Residences

Location

Dubai South, Dubai Al Maktoum International Airport: 10 minutes · Dubai Marina: 20 minutes
Open in Google Maps

Travel times from Myra Residences

  • Al Maktoum International Airport: 10 minutes
  • Dubai Marina: 20 minutes
  • Expo City Dubai: 05 minutes
  • Sheikh Zayed Road: 15 minutes

About Sikanta

Sikanta is a developer focused on delivering high-quality off-plan projects in Dubai. On this page you will find a complete overview of all current Sikanta projects. The offering ranges from luxury apartments in dynamic city districts to spacious villas and family-friendly townhouses. Off-plan projects are popular because you have the opportunity to enter early, often with attractive payment plans and flexible terms. This overview enables you to easily compare prices, locations and amenities, allowing you to make informed choices when purchasing property in Dubai.

Sikanta Developments has established itself as a promising name within Dubai's property market. The company focuses on innovative projects that meet the high standards of modern buyers and investors. Through the use of sustainable materials and implementation of the latest construction techniques, Sikanta delivers projects that are future-proof. The team consists of experienced architects and project managers who strive for a perfect balance between design, functionality and comfort. Thanks to this commitment, Sikanta continues to attract international buyers seeking quality properties in Dubai.

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.