Allegro Residences
Dubai Islands , Dubai
AED 1,400,000
≈
AED 1,400,000
Free Residency Visa
Construction Progress35%
Description
Allegro Residences is an exclusive residential development by Mill Hill Riviera Development on the Dubai Islands in Deira Dubai. This 11-storey development will offer an exquisite selection of 1, 2 and 3-bedroom apartments, thoughtfully designed to provide spacious layouts, floor-to-ceiling windows and premium finishes. Strategically located within Dubai Islands, the apartment tower will be close to pristine beaches, top-tier leisure destinations and world-class retail outlets.
Amenities in the project will include an entertainment room, cinema room, kids’ play area and co-working space. With its perfect blend of tranquillity and urban connectivity, Allegro Residences will stand as a highly desirable address in Dubai.
Amenities & Features
Parking Spaces
Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Payment Plan
10%
Down Payment
40%
During Construction
50%
On Handover
Property Details
Property TypeApartment
DeveloperMill Hill Riviera Development
ProjectAllegro Residences
CommunityDubai Islands
CompletionOff-Plan -
Q2 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,400,000
DLD Fee (4%)AED 56,000
Trustee FeeAED 4,200
Agency (2%)AED 28,000
Total
InvestmentAED 1,488,200
Expected Annual Returns
Expected Annual RentAED 100,800
Service Charges (Est)-AED 11,610
Net Annual
IncomeAED 89,190
Net Annual ROI6.0% (after expenses)
Payback Period16.7 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa10.5 km
Dubai Mall10.4 km
Dubai Airport (DXB)8.3 km
Mall of the Emirates21.2 km
Dubai Marina28.1 km