New homes in Garnet by Siroya start at AED 990,000; keys are due Sep 2027; you pay 10% to book, 30% while it is built and 60% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central. Their median price is AED 1,590 per sq ft (about AED 1,154,000 at 726 sq ft). This project's from price is AED 1,364 per sq ft (AED 990,000 for its smallest home, 726 sq ft), 14% less.
Keys
Sep 2027
The developer's handover date
Payment plan
10 / 30 / 60
10% to book, 30% while it is built, 60% at the keys
Bedrooms
1 to 3 beds
Sizes
726 to 1,279 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,364 per sq ft
Similar off-plan homes: AED 1,590 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 10% when you book, 30% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 99,000
Feb 2027
While it is built
10%
AED 99,000
Apr 2027
While it is built
10%
AED 99,000
Jul 2027
While it is built
10%
AED 99,000
Sep 2027
Keys
60%
AED 594,000
Booking payment, 10%
AED 99,000
Dubai Land Department fee (Oqood), 4%
AED 39,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 138,600
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 9 buildings on the Dubai Land Department register. For the smallest home (726 sq ft) that is about AED 10,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Dubai World Central, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,590 per sq ft
AED 1,059 to AED 1,209 per sq ft
155 sales
AED 1,209 to AED 1,359 per sq ft
278 sales
AED 1,359 to AED 1,508 per sq ft
468 sales
This project's from price is in this band.
AED 1,508 to AED 1,658 per sq ft
1,006 sales
AED 1,658 to AED 1,807 per sq ft
590 sales
AED 1,807 to AED 1,957 per sq ft
278 sales
AED 1,957 to AED 2,107 per sq ft
69 sales
AED 2,107 to AED 2,256 per sq ft
21 sales
AED 1,059 per sq ftAED 2,256 per sq ft
This project AED 1,364 per sq ft
Half of the sales sold for AED 1,452 to AED 1,702 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,059 to AED 1,209 per sq ft
155
AED 1,209 to AED 1,359 per sq ft
278
AED 1,359 to AED 1,508 per sq ft
468
AED 1,508 to AED 1,658 per sq ft
1,006
AED 1,658 to AED 1,807 per sq ft
590
AED 1,807 to AED 1,957 per sq ft
278
AED 1,957 to AED 2,107 per sq ft
69
AED 2,107 to AED 2,256 per sq ft
21
The 3 closest sales
Picked from the 2,865 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 999,000AED 1,376 per sq ftAZIZI VENICE 14-BUILDING E, 726 sq ft
Sep 2026AED 999,000AED 1,376 per sq ftAZIZI VENICE 14-BUILDING E, 726 sq ft
Aug 2026AED 999,000AED 1,376 per sq ftAZIZI VENICE 14-BUILDING E, 726 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai South in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 990,000 here
Off-plan medianAED 1,186,000AED 1,599 per sq ft
Sales4,465
14% below 2,865 similar sales
2-bed apartment
Off-plan medianAED 1,865,000AED 1,555 per sq ft
Sales2,463
3-bed apartment
Off-plan medianAED 2,500,000AED 1,553 per sq ft
Sales351
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
5.9%
Typical for similar ready homes
8.2%
Median rent of 1-bed apartments in Dubai South
AED 58,500 a year
Rent contracts counted
1,380
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 58,500 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 125,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 58,500 ÷ AED 990,000 = 5.9%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Greenfield International School5.7 km, 11 min driveSchool
South View School6.3 km, 17 min driveBritish school
Garnet by Siroya is a Siroya Ventures Realty apartment building in Dubai South with homes from AED 990,000 and a listed handover of September 2027. 60% of the price is due at handover, and the from price per square foot is about 14% below 2,865 similar one-bedroom sales in Dubai World Central (12 months to October 2026).
Most of the price is paid at handover. The plan is 10% on booking, 30% during construction and 60% at handover. At the from price that is AED 99,000 to book, AED 297,000 during the build and AED 594,000 at handover. Separately, the 4% DLD fee comes to AED 39,600; ask when it is due. The listed handover is September 2027, about ten months from now.
The price check puts the from price per square foot about 14% below 2,865 similar one-bedroom sales in Dubai World Central over the 12 months to October 2026. These sales were across the area, not in this building. Ask for the price per square foot of your exact unit.
The listing says 1 to 3 bedrooms, but it also lists one-, two- and 2.5-bedroom homes and no three-bedroom size, so confirm which layouts are on sale. One-bedroom homes are about 726 sq ft, two-bedroom 1,171 sq ft and 2.5-bedroom 1,279 sq ft. Kitchens have built-in appliances and stone-finished countertops, and bedrooms have fitted wardrobes. Facilities include a rooftop cinema, a fully equipped gym, a pool with a kids' pool, mini-golf and a multipurpose sports court.
The nearest clinic is a polyclinic about 1.2 km away. Greenfield International School is about 5.7 km away, around 11 minutes by car, and South View School about 6.3 km, around 17 minutes. Expo 2020 Metro Station is about 8.4 km away, around 27 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
2.5 BR
How prices moved
Median price of 1-bed apartments in Dubai South, over the 12 months to each dateUp 5% from Dec 2024 to Sep 2026.
Dec 2024AED 1,525 per sq ft
Sep 2026AED 1,599 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,599 per sq ft
4,465 sales
Jun 2026
AED 1,579 per sq ft
3,823 sales
Mar 2026
AED 1,573 per sq ft
2,639 sales
Dec 2025
AED 1,637 per sq ft
2,647 sales
Sep 2025
AED 1,567 per sq ft
2,542 sales
Jun 2025
AED 1,582 per sq ft
2,436 sales
Mar 2025
AED 1,598 per sq ft
2,053 sales
Dec 2024
AED 1,525 per sq ft
1,257 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company builds Garnet by Siroya?
Siroya Ventures Realty. The building is in Dubai South.
Can foreigners buy here?
Yes. It's in a freehold area, so foreign buyers can own outright.
When is handover?
The listed handover is September 2027, about ten months from now.
How much is due at handover?
60% of the price. At the from price that is AED 594,000, after AED 99,000 on booking and AED 297,000 during construction.
How does the price compare with similar sales?
The price check puts the from price per square foot about 14% below 2,865 similar one-bedroom sales in Dubai World Central (12 months to October 2026).
Are there three-bedroom homes?
The listing says 1 to 3 bedrooms but gives sizes only for one-, two- and 2.5-bedroom homes, from about 726 to 1,279 sq ft. Ask which layouts are available.
