Eira Residence
Eira Residence Offered by Buy Dubai Off-Plan
Eira Residence

Eira Residence

by Neoterra Developments in Dubai Production City View on map Under construction

Starting price
AED 650,000
Payment plan
50/50
Handover
Q2 2029

โ‰ˆ โ‚ฌ 156,000

Project details

Starting price AED 650,000 โ‰ˆ โ‚ฌ 156,000 What will my monthly payments be?
Payment plan 50/50 50% during construction, 50% at handover
Handover Q2 2029 Under construction
Bedrooms Studio1
Property type
Apartment
Floor area
33 to 66 mยฒ
Project brochure
Free, with no obligation

The Eira Residence brochure

Download the free brochure for Eira Residence of Neoterra Developments in Dubai Production City with all the information about this project.

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

About Eira Residence

  • Studios and 1-bedroom apartments with areas from 33 to 65 m2
  • Located in Dubai Production City, about 5 minutes from City Centre Meaisem
  • Architecture with successive volumes, trees and a reflecting lake at the entrance
  • Facilities include a swimming pool, gym, co-working space and playground
  • Handover in Q2 2029 with a 50/50 payment plan, starting price AED 650,000

This is Eira Residence

Eira Residence is a new apartment project of Neoterra Developments in Dubai Production City. The project includes studios and apartments with 1 bedroom, with surfaces from 33 to 65 m2. Handover is scheduled for the second quarter of 2029. The prices start from AED 650,000. The building has a quiet appearance with a warm faรงade finish and an entrance with reflective water and greenery. On the roof is a common area with swimming pool and planting. This project focuses on buyers looking for a compact home in a lively district of Dubai, with access to various amenities in and around the building. The combination of affordable prices and a thoughtful design makes Eira Residence interesting for both start-ups and investors.

The architecture of Eira Residence is characterized by a faรงade with warm tones and a lobby with marble stones and sculptural lighting. On the roof is a resort swimming pool, surrounded by fourteen different plant species. Within the building there are several amenities including a co-working space, a gym, a playground and a childrenโ€™s pool. There are also covered seats, a spa and sauna, greenery and a yoga room. The apartments are designed with attention to light and space, suitable for individual residents or couples. Handover is planned in the second quarter of 2029. The payment plan is divided into 50% during construction and 50% at handover. This makes the project accessible to buyers who want to spread their payment. The name Eira means peace, which fits the design of the building.

Unit types and layouts in Eira Residence

Eira Residence offers studios and 1 bedroom apartments. Floor areas range from 33 to 65 m2. The units are compact but efficient, with attention to light and flow. The living areas are designed so that they are suitable for individual residents or couples. Each home has a modern finish with warm tones and high quality materials. The layout includes an open plan living room with kitchen, a bedroom (near the 1-bedroom apartments) and a bathroom. Studios have a combined living and sleeping area. All units have access to the common amenities on the roof and in the building. The large windows provide plenty of daylight and views of the surrounding area. The finish is focused on durability and ease of maintenance, using long-lasting materials.

The layout of the studios and 1-bedroom apartments is flexible and makes optimal use of the available space. The living room has large windows that provide natural light. The kitchen is open and forms a whole with the living space. The bedroom is separated and offers plenty of storage space. Each apartment has a private bathroom with modern finishes. The materials are chosen for durability and ease of maintenance. Residents have access to the communal gardens on the roof and resort pool. There are also covered seats where you can relax. The combination of compact living spaces and extensive facilities makes this project suitable for workers and couples. The handover is in Q2 2029, and you can already book a property.

Neoterra Developments and build quality

Eira Residence is an apartment building in Dubai Production City. The architecture is characterized by a warm faรงade finish with textured panels. At the entrance there is a reflecting lake and planting, which gives a quiet first impression. The lobby is equipped with marble stones and sculptural lighting. On the roof is a common area called Club Serene, with a resort pool and fourteen different plant species. The building has several amenities including a co-working space, a gym and a playground. There is also a childrenโ€™s pool, a spa and sauna, and a yoga room. The outdoor areas include covered seats and greening facilities. All this makes Eira Residence a place where you can live, work and relax.

Neoterra Developments is the developer of Eira Residence. The project is located in Dubai Production City, a district with many companies and residential complexes. The building is designed with a focus on rest and comfort, as shown by the name Eira, which means rest. The faรงade has a textured finish in warm tones and the entrance has a reflective lake. On the roof is Club Serene, a common area with swimming pool and lots of greenery. The amenities include a co-working space, a gym and a playground. Guests can enjoy a spa and sauna and a yoga room. The outdoor areas offer covered seating and greening facilities. The handover is scheduled in Q2 2029, and the payment plan is 50/50.

Where Eira Residence sits in Dubai Production City

Dubai Production City is a district in Dubai known for its mix of companies, media and living. Eira Residence is located in this area, a short distance from various amenities and attractions. City Centre Meaisem is about 5 minutesโ€™ drive away, where you can go for shops, restaurants and entertainment. Dubai Autodrome is about 15 minutes away and offers opportunities for car enthusiasts. Dubai Hills Mall is also about 15 minutesโ€™ drive away and has a wide range of shops and dining options. Dubai International Stadium is about 10 minutes away, ideal for sporting events. For workers, Dubai Internet City is about 20 minutesโ€™ drive away, an important business centre. This location offers a good balance between living, working and leisure.

The other distances from Eira Residence are as follows: Dubai Autodrome and Dubai Hills Mall are both about a 15-minute drive away. Dubai International Stadium is approximately 10 minutes away and Dubai Internet City approximately 20 minutes away. For families, the GEMS Metropole School is a good option about 15 minutes away. Medical care is available at the NMC Royal Hospital about 10 minutesโ€™ drive away. Golf enthusiasts can visit the Trump International Golf Club about 20 minutes away. City Centre Meaisem is the nearest shopping center about 5 minutesโ€™ drive away. The Dubai Production City area itself offers a quiet living environment with parks and greenery. The accessibility is good via the main roads of Dubai.

Paying in instalments at Eira Residence

The payment plan for Eira Residence is divided into two parts: 50% during construction and 50% at handover. This means that as a buyer you do not have to pay the full amount at once, but spread over the construction period. You pay the first 50% in instalments according to a schedule set by the developer. The remaining 50% will be paid at handover of your property in Q2 2029. This plan gives you financial flexibility and makes it possible to save as construction progresses. The starting price for a house is AED 650,000, which means that the first payment is relatively low. For exact terms and conditions, please contact a registered real estate agent. This can guide you throughout the purchase process and inform you about the possibilities for funding.

As a buyer, you do not need to contact the developer. Buy Dubai Off-Plan helps you compare off-plan projects and connects you with a registered real estate agent who speaks your language. This real estate agent guides you step by step through the purchase process, from the reservation of a property to the transfer at handover. The real estate agent can also advise you about the best unit for your situation and help you with the necessary documents. The payment plan of 50/50 has been established by the developer and is clearly explained by the real estate agent. You can trust that you are dealing with a professional party who knows the local rules. This makes the purchase smooth and without unnecessary complications. Feel free to ask for a brochure for more details about the project.

Amenities

Payment plan for Eira Residence

50%50%
50%
During construction, in instalments
AED 325,000
โ‰ˆ โ‚ฌ 78,000
50%
After handover
AED 325,000
โ‰ˆ โ‚ฌ 78,000

Handover of Eira Residence

12 quarters until the planned handover, about 3 years.

Q3 2026
Now
Q2 2029
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for Eira Residence, 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 1,645

โ‰ˆ โ‚ฌ 390 per month

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

Your funds during constructionin instalments according to the payment plan
AED 325,000โ‰ˆ โ‚ฌ 78,000
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 325,000โ‰ˆ โ‚ฌ 78,000
Purchase costs4% DLD fee and mortgage costs
AED 30,933โ‰ˆ โ‚ฌ 7,400
Total funds required
AED 355,933โ‰ˆ โ‚ฌ 85,400
Request finance guidance for Eira Residence
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 Eira Residence

Location

Dubai Production City, Dubai City Centre Meaisem: about 5 minutes by car ยท Dubai Autodrome: about 15 minutes by car
Open in Google Maps

Travel times from Eira Residence

  • City Centre Meaisem: about 5 minutes by car
  • Dubai Autodrome: about 15 minutes by car
  • Dubai Hills Mall: about 15 minutes by car
  • Dubai International Stadium: about 10 minutes by car
  • Dubai Internet City: about 20 minutes by car
  • GEMS Metropole School: about 15 minutes by car
  • NMC Royal Hospital: about 10 minutes by car
  • Trump International Golf Club: about 20 minutes by car

About Neoterra

Neoterra Real Estate Development LLC positions itself as an innovative property developer responding to the demand for exclusive boutique real estate in Dubai. The company is led by an experienced management team consisting of Mr. Naresh Perwani as Chairman and founder, Mr. Omesh Gurnani as CEO and co-founder, and Mr. Sanjay Kukreja as Director and partner. The name Neoterra combines the concepts of "Neo" (new) and "Terra" (earth), reflecting the company's core philosophy: building a future-oriented world for forward-thinking people. This vision translates into projects where sustainability, comfort, and creativity converge in carefully designed residential communities.

Neoterra's debut project is Elmora, an exclusive residential tower in Jumeirah Garden City near Sheikh Zayed Road. This boutique building comprises just 85 residential units distributed across a G+2P+8 floor configuration, a deliberate choice to create an intimate residential community. The project offers fully furnished studios, one-bedroom apartments, and two-bedroom apartments with prices starting from AED 715,000. One-bedroom apartments start around AED 1,100,000 and two-bedroom variants from approximately AED 1,720,000. The expected completion is planned for Q1 2028, with a payment plan of 20/40/40 aligned with the various construction phases.

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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.