- From
- AED 560K
- ≈ $152K
- Handover
- Q1 2027
- Homes
- Studio to 2 bed
- 419 – 1,158 sqft
Price per sqft vs registered sales
Dubai Land Department open dataAED 1,337/sqft (est.)
The DLD median for apartments in Dubai South is AED 1,399/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 60 was scored
5 of 7 factors · 85% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes
Capped at 60: a project scores at most 15 above its developer's rating of 45. The factors alone give 61.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 60
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2027
Under construction
What this means
Myra Residences is due to hand over in Q1 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
10/50/40
- Down payment
- 10%
- During construction
- 50%
- On handover
- 40%
What you’d pay and when
On the starting price of AED 560,000, as the plan splits it.
- 10% at bookingAED 56,000≈ $15.2K
- 50% during construction, until handover (Q1 2027)AED 280,000≈ $76.2K
- 40% on handover (Q1 2027)AED 224,000≈ $61K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 560KStudio
419 – 546 sqft
1 bed
935 – 952 sqft
2 bed
1,030 – 1,158 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | Studio | 419 – 546 | AED 560K | AED 1,337 |
| Apartment | 1 bed | 935 – 952 | — | — |
| Apartment | 2 bed | 1,030 – 1,158 | — | — |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Myra Residences. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/sikanta-development/myra-residences), read 2026-09-24; found in the Dubai web sweep; 11 off-plan sales registered with the DLD in 2026 under "Myra Residences". Launch date from Property Finder's sales start date.
About
Myra Residences is Sikanta's apartment tower in Dubai South, Dubai, with studios to two-bedroom apartments from about 419 to 1,158 sq ft.
Read more
Prices start at AED 560,000 on a 10% booking, 50% during construction and 40% on handover plan, with handover listed for the first quarter of 2027.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Sikanta apartment tower in Dubai South
- Studios to two-bedroom apartments from 419 sq ft
- 10/50/40 payment plan
- Handover Q1 2027
- Developer
- Sikanta Development
- Area
- Dubai South
- Status
- Under construction
- Sales launch
- 1 Nov 2025
- Ownership
- Freehold
Amenities
- CCTV Security
- Indoor Swimming Pool
- Landscaped Gardens
- Smart home
- Gymnasium
- Restaurants
- Children's Play Area
Dubai South · Dubai
Masterplan around Al Maktoum International Airport and the Expo site.
More in Dubai South
Compare side by sideAll projects in Dubai South
Myra Residences: questions buyers ask
How much does Myra Residences cost?
Prices at Myra Residences start from AED 560,000 (about $152K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Myra Residences?
The asking price is around AED 1,337 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Myra Residences handover date?
Myra Residences is expected to hand over in Q1 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Myra Residences payment plan?
Myra Residences is offered on a 10/50/40 plan: 10% on booking, 50% during construction and 40% at handover. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Myra Residences?
Myra Residences scores 60 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Dubai South according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Myra Residences?
Myra Residences is being developed by Sikanta Development. It sits in Dubai South, Dubai. You can see every project by Sikanta Development we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Myra Residences?
Myra Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Myra Residences registered with DLD?
We do not yet hold a project registration number for Myra Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/sikanta-development/myra-residences), read 2026-09-24; found in the Dubai web sweep; 11 off-plan sales registered with the DLD in 2026 under "Myra Residences"
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