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

Selora Residences

by Swank in Mohammed Bin Rashid City View on map Handover soon

Starting price
AED 9,160,000
Payment plan
40/60
Handover
Q2 2027

≈ € 2,198,000

Project details

Starting price AED 9,160,000 ≈ € 2,198,000 What will my monthly payments be?
Payment plan 40/60 40% during construction, 60% at handover
Handover Q2 2027 Handover soon
Bedrooms 456
Property type
Villa
Floor area
434 m²
Developer
Swank

About Selora Residences

  • Exclusive villas in one of Dubai’s most sought-after locations

  • Modern architecture combined with a tranquil ambiance

  • Strategic location with quick connections to key hotspots

  • Wide choice of villas with 4, 5 or 6 bedrooms

  • Extensive amenities including a crystal lagoon and private beach

Selora Residences at Mohammed Bin Rashid City: Luxury apartments by Swank Development

Selora Residences is a prestigious villa project in Mohammed Bin Rashid City, developed by the renowned Swank Development. This project offers a unique combination of modern architecture and a serene living environment, making it an exclusive destination for those seeking luxury and comfort. The villa community consists of G+2 villas, meaning each home has three floors. With only a limited number of units, Selora Residences guarantees privacy and exclusivity for its residents. The location in MBR City provides easy access to key areas such as Downtown Dubai, Business Bay and Dubai International Airport. In addition, there are numerous amenities in the immediate vicinity, such as top educational institutions, high-end retail options and recreational facilities. The project focuses on a balanced lifestyle, with an emphasis on wellness, relaxation and social interaction. Completion is scheduled for the second quarter of 2027, making it an attractive option for forward-thinking investors.

Apartment types and layouts at Selora Residences Mohammed Bin Rashid City

Selora Residences offers only villas, divided into three different layouts: 4, 5 and 6 bedrooms. Each villa has a generous area of 434 m2, providing spacious living comfort and many possibilities for interior design. The homes are designed with an eye for detail and offer a harmonious blend of functionality and aesthetics. The G+2 structure allows for a logical distribution of living spaces, with the ground floor often used for common areas such as the living room and kitchen, while the upper floors are reserved for bedrooms and private spaces. The villas are fitted with high-quality finishes and materials, contributing to a luxurious appearance. Thanks to the limited number of units, residents can expect an exclusive and peaceful living environment. The various bedroom layouts make the project suitable for both families and professionals who require extra space. The combination of modern design elements and practical layouts makes these villas particularly attractive.

About the developer Swank Development and the Selora Residences design

Selora Residences is being developed by Swank Development, a name synonymous with quality and innovation in the Dubai real estate world. This project is an example of their commitment to excellent architecture and sustainable development. The villas are designed with a modern appearance, with great attention paid to both external and internal details. The developer has chosen to work with high-quality materials and advanced construction techniques, resulting in a durable and future-proof project. Swank Development is known for its attention to detail and its ability to create unique living environments that meet the needs of modern residents. Selora Residences is no exception, with carefully planned green spaces, recreational amenities and wellness facilities. The developer has also considered the practical aspects of daily life, such as ample parking and security. All this contributes to a project that is not only beautiful to look at, but also comfortable and functional to live in.

Prime location in Mohammed Bin Rashid City near key Dubai destinations

Selora Residences is located in Mohammed Bin Rashid City, one of Dubai’s most sought-after residential areas. This location offers not only a peaceful and green environment, but also excellent connections to the rest of the city. Key destinations such as the Burj Khalifa are reachable within 13 minutes by car, while Dubai International Airport is just a 20-minute drive away. The Dubai International Financial Centre and the Mall of the Emirates are also just 12 and 15 minutes away respectively. The area is characterised by a mix of residential luxury and practical amenities, including top educational institutions, high-end shops and recreational opportunities. The Ras Al Khor Wildlife Sanctuary, just 10 minutes away, offers a unique chance to enjoy nature. In addition, residents benefit from the presence of a crystal lagoon and private beach, creating a resort-like atmosphere. The combination of tranquillity, convenience and luxury makes this location ideal for both families and professionals.

Flexible payment plan for Selora Residences apartments

The payment plan for Selora Residences is structured to be attractive to investors and future residents. The plan provides for a payment of 40% during the construction phase, followed by the remaining 60% upon completion of the project. This offers financial flexibility and allows the investment to be spread over a longer period. The starting price for a villa in this project is AED 9,160,000, which represents an attractive investment given the exclusivity and location. The payment plan is transparent and provides clarity on financial obligations. International investors can obtain further support with the purchase and financing process through a real estate agent in Dubai. This can help ensure the process runs smoothly and any questions are answered promptly. The payment plan is designed to suit the needs of both private buyers and investors looking for a stable and value-retaining real estate investment in Dubai.

Amenities

Payment plan for Selora Residences

40%60%
40%
During construction, in instalments
AED 3,664,000
≈ € 879,000
60%
After handover
AED 5,496,000
≈ € 1,319,000

Monthly payments and your own funds

How much do you need for Selora 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 23,175

≈ € 5,560 per month

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

Your funds during constructionin instalments according to the payment plan
AED 3,664,000≈ € 879,400
Your funds at handover
AED 916,000≈ € 219,800
Mortgage at handover
AED 4,580,000≈ € 1,099,200
Purchase costs4% DLD fee and mortgage costs
AED 424,520≈ € 101,900
Total funds required
AED 5,004,520≈ € 1,201,100
Request finance guidance for Selora 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 Selora Residences

Location

Mohd Bin Rashid City, Dubai Burj Khalifa: 13 minutes (car) · Dubai International Airport: 20 minutes (car)
Open in Google Maps

Travel times from Selora Residences

  • Burj Khalifa: 13 minutes (car)
  • Dubai International Airport: 20 minutes (car)
  • Dubai International Financial Centre (DIFC): 12 minutes (car)
  • Mall of the Emirates: 15 minutes (car)
  • Ras Al Khor Wildlife Sanctuary: 10 minutes (car)

About Swank

Swank is a renowned developer in Dubai, specialising in off-plan property projects with a strong focus on quality and innovation. On this page, you will find a complete overview of all current projects Swank has in development. These projects range from luxury residential towers to mixed-use developments with retail and hospitality. An example is the iconic "Swank Marina Residences", a high-rise project with harbour views, where apartments range from 75 m2 to 250 m2. Prices start from AED 1,200,000, with flexible payment plans. Investing off-plan with Swank offers the opportunity to get in early, which often results in a more favourable price-to-quality ratio. For an up-to-date project list, please contact us so we can provide you with detailed information.

Swank has been active in the Dubai real estate market for over 15 years and has established itself as a reliable developer. The company began with small-scale residential projects but quickly grew into a developer of large-scale, iconic developments. Some well-known past projects include "Swank Oasis Towers" and "Swank Downtown Lofts", both of which won international architecture awards. What sets Swank apart is its consistent focus on sustainability and liveability. The developer works exclusively with renowned architectural firms and contractors, resulting in projects that are not only visually appealing but also technically superior. This experience and expertise make Swank a secure choice for off-plan property investors.

All projects by Swank

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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.