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DLD · MEDIAN 12M TO JUL 2026
Celeste Heights Retail

Commercial Retail

Celeste Heights Retail

PriceFrom AED 3,150 PSF
CompletionQ3 2027
Payment Plan40/60
DeveloperZimaya Properties
LocationAl Furjan

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Property

Celeste Heights by Zimaya Properties

Location: Furjan East, Al Furjan, Dubai

Celeste Heights sits within Furjan East, the quieter, villa-facing enclave of Al Furjan — a Nakheel master-planned community in Dubai's south-western corridor. The building is positioned directly adjacent to Ecos Hotel and overlooks the Furjan Villas, giving it a distinctive setting relative to the more densely built areas of the wider Al Furjan district.

Despite its low-rise, neighbourhood character, the location is functionally well-connected: Sheikh Zayed Road is 2 minutes away, and Discovery Gardens Metro Station is 4 minutes away, making the building accessible to a population well beyond its immediate residential catchment.

Al Furjan as a whole is a family-oriented, well-established community with schools, parks, clinics, and its own retail pavilion already operating. Furjan East in particular is characterised by villa neighbourhoods and a lower density of standalone retail, which creates a meaningful opportunity for operators willing to serve a localised but loyal customer base.

The ground-floor retail at Celeste Heights benefits from both a built-in resident audience within the building and the broader foot and vehicle traffic generated by the adjacent hotel and boulevard.

Project Overview

A Boutique Lifestyle Tower with Boulevard-Facing Retail

Celeste Heights is an 8-storey residential tower by Zimaya Properties — a boutique UAE developer with over three decades of construction and development expertise across the UAE and India. Zimaya's track record in Al Furjan spans multiple villa communities (Bliss, Zimaya Signature Villas, Zimaya Prestige Villas, Zimaya Elegance) and its most recent high-profile apartment project, Belle Reve in Jumeirah Village Circle.

The building contains 1-bedroom, 2-bedroom, 3-bedroom, and Signature Apartments, with the top two floors dedicated entirely to resident amenities, including a rooftop infinity pool, sun deck, yoga deck, and party lounge. The architectural rhythm alternates between two floor layouts, each with nine distinct unit types, producing 18 unique residence designs across the building. This design philosophy — and the resident amenity offering — targets an owner-occupier and lifestyle-focused buyer profile, the kind of resident base that tends to engage consistently with ground-floor operators.

Four retail units occupy the ground floor, with frontage addressing the boulevard on one side and the villa community on the other, available under a 20/10/10/60 payment plan with handover in September 2027.

Building Configuration

  • Structure

    • G + 2P + 8 Residential Floors + 2 Rooftop Amenity Levels

  • Ground Floor

    • 4 retail units with boulevard and villa-facing frontage
    • Main residential lobby with signature co-working lounge

  • Podium Levels (2 Floors)

    • Resident parking

  • Residential Floors (1st–8th)

    • 1BR, 2BR, and 3BR apartments across standard and alternating floor layouts
    • Select 1st floor residences designated as Signature Apartments with private pool deck and outdoor lounge

  • Rooftop Amenity Levels (top 2 floors)

    • Infinity pool and kids' pool
    • Sun deck lounge with rain curtain feature
    • Outdoor yoga deck
    • BBQ area and party lounge

  • Residential Mix

    • 1 Bedrooms: 814–855 sq. ft. (total including balcony)
    • 2 Bedrooms: 1,212–1,577 sq. ft. (total including balcony)
    • 3 Bedrooms: 1,831–2,355 sq. ft. (total including balcony)
    • Signature 2 Bedrooms: 2,626 sq. ft. (including private terrace)
    • Signature 3 Bedrooms: 4,757 sq. ft. (including private terrace)

Retail Overview

  • Availability: 4 ground-floor retail units available for sale
  • Unit Sizes: From 875 sq. ft. to 1,136 sq. ft. (confirmed units; see table below)
  • Starting Price: From AED 3,150 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
  • Payment Plan: 40/60
  • Completion: Q3 2027
  • Floor: Ground level
  • Frontage: Boulevard view (community-facing) and villas view
  • Access: Direct street-level entry
UnitDimensionsTotal Area
Retail-1 18.35M × 5.50M 1,136.45 sq. ft.
Retail-4 12.95M × 5.98M 875.86 sq. ft.

Payment Plan — 40/60

Instalment%Milestone
Down Payment 20% On booking
Instalment 1 10% 6 months from booking
Instalment 2 10% 12 months from booking
On Handover 60% September 2027

Project Amenities

  • Rooftop Infinity Pool and Kids' Pool
  • Sun Deck Lounge with signature Rain Curtain feature
  • Outdoor Yoga Deck
  • Fully Equipped Gymnasium
  • BBQ Area and Party Lounge
  • Table Tennis
  • Co-working Space (within the lobby)
  • Kids' Play Area
  • Home Automation throughout residential units
  • EV Chargers
  • Signature Apartments — private plunge pool and terrace (select 1st floor units)
  • Covered resident parking (2 podium levels)

Design & Finishes

  • Contemporary layered façade with a rhythmic, staggered floor design
  • Signature Zimaya lobby — refined co-working lounge integrated into the entrance experience
  • High-ceiling apartments with open-plan living layouts and generous balconies
  • Kitchens equipped with high-end appliances and sleek, uncluttered cabinetry
  • Bathrooms with soft lighting and premium fittings throughout
  • Floor-to-ceiling windows across all unit types
  • Home automation system integrated into all residences
  • 18 unique residence designs across the building — no two floors are identical

Views

  • Ground-floor retail units face a dual aspect: boulevard view to the community street network and villas view onto the Furjan villa neighbourhood
  • Boulevard-facing units benefit from passing vehicle and pedestrian traffic along Al Furjan's main road
  • Villa-facing units offer a quieter aspect suitable for hospitality, wellness, or service operators who benefit from a residential feel
  • Upper residential floors overlook the low-rise villa fabric of Furjan East, with open sightlines to the horizon

Location

A Quiet Address With Effortless Reach

Furjan East is the residential spine of Al Furjan — quieter than the community's main commercial corridor, but no less connected. The Discovery Gardens Metro Station is 4 minutes by car, and Zimaya provides a complementary shuttle for residents. Sheikh Zayed Road is 2 minutes, giving any operator at Celeste Heights direct exposure to a commuter and transient audience in addition to the resident catchment.

The immediate context includes the Ecos Hotel next door — a consistent source of footfall from hotel guests, conference attendees, and service industry workers — alongside the villa community, which tends to generate reliable weekday and weekend pedestrian movement. For a food and beverage, wellness, or daily convenience operator, this combination of residential density, hotel adjacency, and metro proximity is a meaningful locational package.

Connectivity
  • Sheikh Zayed Road (E11): 2 minutes — primary arterial linking Abu Dhabi to central Dubai
  • Al Khail Road (E44): Accessible from Sheikh Zayed Road — links to Dubai Marina, Downtown, and Al Maktoum corridor
  • Sheikh Mohammed Bin Zayed Road (E311): Southern access to Business Bay, DIFC, and outer residential zones
  • Discovery Gardens Metro Station: 4 minutes by car
Proximity to Landmarks
  • 2 minutes — Sheikh Zayed Road
  • 4 minutes — Discovery Gardens Metro Station
  • 7 minutes — Ibn Battuta Mall
  • 10 minutes — Expo City Dubai, JAFZA
  • 15 minutes — Dubai Marina, Jumeirah Beach Residence
  • 17 minutes — Al Maktoum International Airport

The combination of an amenity-led residential building, a hotel neighbour, and one of Dubai's best-connected south-western postcodes makes Celeste Heights' ground-floor retail a credible standalone investment for an operator or investor looking at the Al Furjan corridor.

Illustrative model

Scenario modeller

Set your own assumptions and see how Celeste Heights Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Handover
Q3 2027

As stated on this listing, and the developer’s estimate rather than a guarantee. Rent and the service charge both start at handover, so set the time-to-handover field below to match it.

Payment plan
40/60

As published on this listing. The model below assumes the purchase price and all acquisition costs are paid at the outset; a staged plan defers part of the outlay, which raises the IRR on the same total profit. Treat the return figures as the unstaged case.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Celeste Heights — Al Furjan, Dubai

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