The Spark by Esnaad
Mohammed Bin Rashid City , Dubai
AED 1,050,000
≈
AED 1,050,000
Free Residency Visa
Construction Progress41%
Description
Esnaad Real Estate Development presents The Spark, a boutique luxury residential building in District 11, Mohammed Bin Rashid (MBR) City. The project is located on Dubai - Al Ain Road and is close to the major Dubai thoroughfares, such as Mohamed Bin Zayed Road and Emirates Road. This off-plan project will offer stunning views of the Dubai Creek Harbour and Dubai's skyline. One of the key features of this project will be its modern design, boosted by a full glass façade from floor to ceiling and wall to wall, balancing natural light. This luxury residential building offers 1 and 2-bedroom with study configurations.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Property Details
Property TypeApartment
DeveloperEsnaad Real Estate Development
ProjectThe Spark by Esnaad
CommunityMohammed Bin Rashid City
CompletionOff-Plan -
Q4 2025
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,050,000
DLD Fee (4%)AED 42,000
Trustee FeeAED 4,200
Agency (2%)AED 21,000
Total
InvestmentAED 1,117,200
Expected Annual Returns
Expected Annual RentAED 76,650
Service Charges (Est)-AED 11,040
Net Annual
IncomeAED 65,610
Net Annual ROI5.9% (after expenses)
Payback Period17.0 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 Khalifa11.3 km
Dubai Mall10.9 km
Dubai Airport (DXB)13.9 km
Mall of the Emirates15.8 km
Dubai Marina22.5 km