- Sold from16 sales, last 90 days · DLD; cheapest: all studios
- AED 703K≈ $191K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 650K
- Buyers paid vs DLD median
- +9%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 703K
- 16 sales, last 90 days · DLD; cheapest: all studiosListed from AED 650K
- Bedrooms
- Studio to 3 bed
- 434 – 2,092 sqft · 326 units
- Payment plan
- 15/25/60
- AED 97.5K to book
- Handover
- Q4 2028
- 0% built per the DLD
DLD registered sales
- Last 90 days
- AED 752K – AED 1.31M
- · 16 sales, studios to 2-beds
- Sold since launch
- 20 of 326 homes
- · Off-plan sales registered with the DLD, resales before handover included, from launch in March 2026 to 31 October 2026
Homes and floor plans
326 homes · FreeholdPick a home: the plan and the forecast follow it.
- 3 bedApartmentfrom 2,092 sqftNot listed
Paid: middle half of each type's off-plan sales, May–Nov 2026 · DLD
Payment plan · studio
On AED 650K- 15% at bookingAED 97.5K
- 25% during construction, until handover (Q4 2028)AED 163K
- 60% on handover (Q4 2028)AED 390K
Before the keys: AED 260K, 40% of the price.
Meraki Developers’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · Dubai Production City · Dubai
The former IMPZ, a TECOM media-production zone off Sheikh Mohammed Bin Zayed Road with mid-rise apartment buildings and a Lulu hypermarket.
Forecast
What the studio could be worth
More in Dubai Production City
Compare side by sideAll projects in Dubai Production City
The in-depth review
Why it scores 69
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026+9% above what buyers paid nearby
22 off-plan sales, last 6 months · middle half AED 1,395 – AED 1,689
Off-plan sales, last 6 months, 770 registered sales in the area · middle half AED 1,330 – AED 1,630
Our estimate from the listed prices and unit sizes
Off-plan sales pace
3.7 a month
22 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 1,617/sqft in this project (off-plan sales, last 6 months, 22 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,479/sqft for apartments in Dubai Production City, 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 1,471/sqft (est.). Source: Dubai Land Department open data.
How the 69 was scored
7 of 8 factors · 85% 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 scheduleToo early to judge · 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
- 22 registered off-plan sales here, against the median of 770 off-plan sales in Dubai Production City · DLD
- Developer track record
- Our rating, 2 delivered projects and how its 2 finished buildings resell
- Payment plan
- 15% down · 25% during construction · 60% on handover
- Location and infrastructure
- Our rating of Dubai Production City, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 616 resales of finished apartments in Dubai Production City this year · DLD
- Construction on schedule
- 0% built, 0% due by now (handover Q4 2028): judged once 10% of the build is due · DLD
- How much is still being built nearby
- 2,490 homes sold in Dubai Production City this year, 75% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 22 registered sales, against 770 in the area; 22 is a small sample for one project.
68 → 69 10 Nov 2026, price, developer record, supply factorsScored since 24 Sep 2026 · 5 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.
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The full breakdown behind the 69
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 22 registered sales here: date, size and price paid
- The 7 assessed 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 Nirvana Residence, and everything behind the 69.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q4 2028
Under construction · 0.04% built, the DLD's project register, 28 Sep 2026
What this means
Also due in 2028 in Dubai Production City: 5 more projects we list
Meraki Developers: 2 projects delivered in the last ten years, typically 5 months late, none cancelled.
Nirvana Residence is due to hand over in Q4 2028. Construction is 0.04% complete according to the DLD's project register (28 Sep 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 registration4313
- Escrow account001582237449601
- 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 project register, 28 Sep 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
Pay only into escrow account 001582237449601, and check it on dubailand.gov.ae first.2The handover date
The listed date is Q4 2028. The DLD shows 0% built on 28 Sep 2026. Ask for the date in the sales agreement.3Today's price list
AED 650,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
15% at booking, 25% during construction, 60% at handover. Ask for each payment's date and amount.
About
Nirvana Residence is Meraki's apartment tower in Dubai Production City, Dubai, with studios to three-bedroom apartments from about 434 to 2,092 sq ft.
- Developer
- Meraki Developers
- Status
- Under construction
- Sales launch
- 1 Mar 2026
- Total units
- 326
- Storeys
- 17
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall480 m
- Hospital or clinic680 m
- School1.7 km
- Metro or tram stop4.4 km
- Beach8.2 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments9.5% in Dubai Production City. A median rent of AED 92 per sqft a year on 3,700 new tenancy contracts in the community's own buildings, last 6 months, against AED 971 per sqft paid across 340 finished sales in the same buildings, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
Nirvana Residence: questions buyers ask
How much does Nirvana Residence cost?
Registered sales at Nirvana Residence start from AED 703,000 (about $191K): the cheapest tenth of 16 off-plan sales (all studios), Sep–Nov 2026, per DLD. It is listed from AED 650,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Nirvana Residence?
Buyers paid a median of AED 1,617 per sqft at Nirvana Residence (off-plan sales, last 6 months, 22 registered sales).
When is the Nirvana Residence handover date?
Nirvana Residence is expected to hand over in Q4 2028. The project is under construction, 0.04% built according to the DLD's project register.
What is the Nirvana Residence payment plan?
Nirvana Residence is offered on a 15/25/60 plan: 15% on booking, 25% during construction and 60% at handover.
Is Nirvana Residence priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,617 per sqft in Nirvana Residence (off-plan sales, last 6 months, 22 registered sales), which is 9% above the median of AED 1,479 per sqft that buyers actually paid for apartments in Dubai Production City, across 770 sales registered with DLD.
What is the Rendr Score of Nirvana Residence?
Nirvana Residence scores 69 of 100 on the Rendr Score, good, as of 10 Nov 2026; 7 of its 8 factors are assessed, 85% of the weight.
What rental yield do apartments in Dubai Production City make?
About 9.5% gross for apartments in Dubai Production City, worked out from DLD's own figures: new tenancy contracts in the community's own buildings, last 6 months, against finished sales in the same buildings, last 6 months, before service charges and fees.
Who is the developer of Nirvana Residence?
Nirvana Residence is being developed by Meraki Developers. It sits in Dubai Production City, Dubai.
Is Nirvana Residence registered with DLD?
Nirvana Residence is registered with the Dubai Land Department (DLD) under number 4313. Buyer payments go to escrow account 001582237449601. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 3 changes since, last 28 Sep 2026
Construction 0.04% complete
Source: the DLD's project register, 28 Sep 2026
Payment plan stated: 15/25/60
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 1 Mar 2026
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026