- Fromper propertyfinder.ae, 1 Oct 2026
- AED 560K≈ $152K
- Buyers paid vs DLD median
- +2%
Price, payment plan and homes
Price per propertyfinder.ae, 1 Oct 2026- Starting price
- AED 560K
- ≈ $152K
- Bedrooms
- Studio to 2 bed
- 419 – 1,158 sqft · 64 units
- Payment plan
- 10/50/40
- AED 56K to book
- Handover
- Q1 2027
- 0% built per the DLD
Homes and floor plans
64 homes · Freehold
Payment plan
On AED 560K- 10% at bookingAED 56K
- 50% during construction, until handover (Q1 2027)AED 280K
- 40% on handover (Q1 2027)AED 224K
Before the keys: AED 336K, 60% of the price.
Sikanta Development’s own file on propertyfinder.ae, checked 30 Sep 2026
Location · Dubai South · Dubai
Masterplan around Al Maktoum International Airport and the Expo site.
Forecast
What it could be worth
More in Dubai South
Compare side by sideAll projects in Dubai South
The in-depth review
Why it scores 58
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 10 Nov 2026+2% above what buyers paid nearby
12 off-plan sales, last 12 months
Off-plan sales, last 6 months, 548 registered sales in the area · middle half AED 1,249 – AED 1,534
Our estimate from the listed prices and unit sizes
Off-plan sales pace
0.2 a month
2 off-plan sales, last 12 months
How this is measured
Buyers paid a median of AED 1,400/sqft in this project (off-plan sales, last 12 months, 12 registered sales, as of 2 Oct 2026) against the DLD median of AED 1,379/sqft for apartments in Dubai South, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 1,337/sqft (est.). Source: Dubai Land Department open data.
How the 58 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 12 registered off-plan sales here, against the median of 548 off-plan sales in Dubai South · DLD
- Developer track record
- Our rating
- Payment plan
- 10% down · 50% during construction · 40% on handover
- Location and infrastructure
- Our rating of Dubai South, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 531 resales of finished apartments in Dubai South this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q1 2027
- How much is still being built nearby
- 12,038 homes sold in Dubai South this year, 95% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 12 registered sales, against 548 in the area; 12 is a small sample for one project.
62 → 58 4 Oct 2026; construction now measuredScored since 24 Sep 2026 · 8 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
Share this score
Show this score on your site
Paste this where the badge should appear. It links back here and updates when the Rendr Score does.
Score card · Change card (1080 × 1350, for posting).
Free · 90 days · the whole site
The full breakdown behind the 58
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 2 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at Myra Residences, and everything behind the 58.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2027
Under construction · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in Dubai South: 21 more projects we list
Sikanta Development: nothing delivered in the last ten years, none cancelled.
Myra Residences is due to hand over in Q1 2027. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration3658
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q1 2027. Ask for the date in the sales agreement.3Today's price list
AED 560,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
10% at booking, 50% during construction, 40% at handover. Ask for each payment's date and amount.
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.
- Developer
- Sikanta Development
- Area
- Dubai South
- Status
- Under construction
- Sales launch
- 1 Nov 2025
- Total units
- 64
- Storeys
- 5
- Ownership
- Freehold
Amenities
- CCTV Security
- Indoor Swimming Pool
- Landscaped Gardens
- Smart home
- Gymnasium
- Restaurants
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall950 m
- Hospital or clinic3.8 km
- School5.4 km
- Metro or tram stop7.8 km
- Beach16 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments7.5% in Dubai South. A median rent of AED 81 per sqft a year on 2,107 new tenancy contracts, last 6 months, against AED 1,082 per sqft paid across 282 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
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, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Myra Residences?
Buyers paid a median of AED 1,400 per sqft at Myra Residences (off-plan sales, last 12 months, 12 registered sales).
When is the Myra Residences handover date?
Myra Residences is expected to hand over in Q1 2027. The project is under construction, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
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.
Is Myra Residences priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,400 per sqft in Myra Residences (off-plan sales, last 12 months, 12 registered sales), which is 2% above the median of AED 1,379 per sqft that buyers actually paid for apartments in Dubai South, across 548 sales registered with DLD.
What is the Rendr Score of Myra Residences?
Myra Residences scores 58 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Dubai South make?
About 7.5% gross for apartments in Dubai South, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Myra Residences?
Myra Residences is being developed by Sikanta Development. It sits in Dubai South, Dubai.
Is Myra Residences registered with DLD?
Myra Residences is registered with the Dubai Land Department (DLD) under number 3658. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 1 change since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026