New homes in Sierra by Iman start at AED 799,000; keys are due Mar 2029; you pay 20% to book, 40% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 176 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in SIERRA BY IMAN. Their median price is AED 2,062 per sq ft (about AED 860,000 at 417 sq ft). This project's from price is AED 1,916 per sq ft (AED 799,000 for its smallest home, 417 sq ft), 7% less.
Keys
Mar 2029
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
Studio to 4 beds
Sizes
417 to 3,586 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 1,916 per sq ft
Similar off-plan homes: AED 2,062 per sq ft
RERA project
3835
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Jun 2029
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
598
In 1 buildings
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 159,800
Feb 2027
While it is built
5%
AED 39,950
May 2027
While it is built
5%
AED 39,950
Aug 2027
While it is built
5%
AED 39,950
Nov 2027
While it is built
5%
AED 39,950
Mar 2028
While it is built
5%
AED 39,950
Jun 2028
While it is built
5%
AED 39,950
Sep 2028
While it is built
5%
AED 39,950
Dec 2028
While it is built
5%
AED 39,950
Mar 2029
Keys
40%
AED 319,600
Booking payment, 20%
AED 159,800
Dubai Land Department fee (Oqood), 4%
AED 31,960
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 191,760
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 8 finished projects by this developer since 2018. 7 of the 8 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Iman Developers for the estimate.
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 176 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in SIERRA BY IMAN, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 176 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in SIERRA BY IMAN, 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 2,062 per sq ft
AED 1,570 to AED 1,655 per sq ft
3 sales
AED 1,655 to AED 1,740 per sq ft
2 sales
AED 1,740 to AED 1,825 per sq ft
1 sale
AED 1,825 to AED 1,910 per sq ft
17 sales
AED 1,910 to AED 1,995 per sq ft
37 sales
This project's from price is in this band.
AED 1,995 to AED 2,080 per sq ft
35 sales
AED 2,080 to AED 2,165 per sq ft
42 sales
AED 2,165 to AED 2,250 per sq ft
39 sales
AED 1,570 per sq ftAED 2,250 per sq ft
This project AED 1,916 per sq ft
Half of the sales sold for AED 1,950 to AED 2,150 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,570 to AED 1,655 per sq ft
3
AED 1,655 to AED 1,740 per sq ft
2
AED 1,740 to AED 1,825 per sq ft
1
AED 1,825 to AED 1,910 per sq ft
17
AED 1,910 to AED 1,995 per sq ft
37
AED 1,995 to AED 2,080 per sq ft
35
AED 2,080 to AED 2,165 per sq ft
42
AED 2,165 to AED 2,250 per sq ft
39
The 3 closest sales
Picked from the 176 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 811,462AED 1,944 per sq ftSIERRA BY IMAN, 417 sq ft
Jul 2026AED 813,396AED 1,949 per sq ftSIERRA BY IMAN, 417 sq ft
Apr 2026AED 801,248AED 1,920 per sq ftSIERRA BY IMAN, 417 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 Motor City 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
Studio apartmentFrom AED 799,000 here
Off-plan medianAED 808,000AED 2,013 per sq ft
Sales1,007
7% below 176 similar sales
1-bed apartment
Off-plan medianAED 1,215,000AED 1,906 per sq ft
Sales1,443
2-bed apartment
Off-plan medianAED 2,023,000AED 1,743 per sq ft
Sales472
3-bed apartment
Off-plan medianAED 3,079,000AED 1,908 per sq ft
Sales35
4-bed apartment
Off-plan medianToo few sales for a median
Sales27
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
6.9%
Typical for similar ready homes
9.1%
Median rent of studio apartments in Motor City
AED 55,000 a year
Rent contracts counted
101
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 55,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 120,000 a year
3-bed apartment
AED 175,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 55,000 ÷ AED 799,000 = 6.9%. 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
Jumeirah Golf Estates Metro Station7.1 km, 19 min driveMetro station
Dwight School Dubai1.2 km, 2 min driveSchool
Victory Heights Primary School1.2 km, 2 min driveBritish school
JSS International School3.5 km, 6 min driveIndian school
Joud Boulevard West350 m, 6 min walkMall
Mediclinic Springs5.8 km, 11 min driveHospital
Dubai Internet City8.7 km, 15 min driveOffices
The Els Club, Dubai Sports City1.8 km, 4 min driveGolf
In Motor City, Iman Developers' Sierra by Iman sells studios to four-bedroom duplexes from AED 799,000, with a listed handover of March 2029. The from price is about 7% below 176 studio off-plan sales in the project over the 12 months to October 2026.
The Dubai Land Department lists 176 studio off-plan sales in Sierra between October 2025 and October 2026. The from price per square foot is about 7% below their median.
The plan is 20% on booking, 40% during construction and 40% at handover. At the from price that is AED 159,800, then AED 319,600 during the build and AED 319,600 at handover in March 2029. The Land Department fee is 4% of the price, or AED 31,960 at the from price.
The listing gives sizes of 417 to 3,586 sq ft. Layouts include studios, one-, 1.5-, two- and 2.5-bedroom apartments and four-bedroom duplexes with private pools. Ask for the plan and size of the layout you want. The building has an amenity deck with gardens and wellness areas, a gym, a shared pool, a children's pool, covered parking and 24-hour security.
By our map, Dwight School Dubai is about 1.2 km away and Victory Heights Primary School about 1.2 km. A medical centre is about 670 m away and The Els Club golf course about 1.8 km. Jumeirah Golf Estates Metro Station is about 7.1 km away, around 19 minutes by car by our estimate.
