Property

Interstellar by Mr. Eight Development

Location: Jumeirah Village Triangle (JVT), District 2

Project Overview:

G + 5 Parking Floors + 24 Residential & Commercial Floors
Total Residential Units: 204
Total Office Units: 22
Total Retail Units: 7
1 Bedroom: 34 units (674 – 840 sq. ft)
2 Bedroom: 153 units (910 – 1,733 sq. ft)
3 Bedroom: 17 units (1,539 sq. ft)
Retail: 7 units (1,539 – 4,201 sq. ft)
Offices: 22 units (1,373 – 1,843 sq. ft)
Dedicated Parking:
- 1 space per 1BR/2BR
- 2 spaces per 3BR
- 1 space per 25 sq. m (Retail)
- 1 space per 50 sq. m (Office)
Valet Service and Signature Lobby by Tom Dixon
In-house Mercedes-Benz Vito Shuttle Service

Office Overview:

Starting Prices for Office Space: From AED 2,476 PSF

Office Space Unit Sizes: From 1,373 sq. ft. - 1,843 sq. ft.

Payment Plan: 50/50

Handover: Q3 2028 (Expected)

Service Charges: AED 18 per sq. ft (Estimated for interiors)

(Balconies, if any, at AED 6.25 per sq. ft)

Amenities:

Rooftop Observatory with Stargazing Telescope
Open-Air Rooftop Cinema
Sunset Picnic Decks & BBQ Lounges (up to 50 guests)
The Slow River – Dubai’s highest rooftop stream
Sky Garden & Eden Green Park with roaming peacocks
Infinity Lap Pool & Kids Splash Pool
Padel Court and Tennis Court
Fire Lounge with Island Seating
Concierge and Bellboy Services
Private Shuttle Access & Valet Parking
Signature Lobby with Sculptural Art by UAE Artists
Boutique French Bakery & Coffee Lounge

Views:

North: Emirates Hills Golf Courses
South: JLT & Marina Skyline
East: Dubai Green Spine (All-Electric Metro)
West: Community Parks & JVT Water Features

Illustrative model

Scenario modeller

Set your own assumptions and see how Interstellar Tower Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

Purchase price

The price you are actually considering.

Unit size

Drives the service charge only.

Time to handover

Rent and service charge both start here.

Holding & income

Gross annual rent

Your figure — we have not assumed one.

Rent growth

0% holds rent flat. It may be negative.

Vacancy allowance

8% is roughly a month plus re-letting.

Maintenance & management

Letting fees and routine repairs.

Service charge

Replace with the building's own schedule.

Acquisition costs

DLD transfer fee

4% is the Dubai standard.

Agency fee

Buyer-side. 5% VAT added.

Conveyancing, trustee & admin

Trustee, title deed, NOC.

Exit

Holding period

1 to 40 years.

Exit price growth

0% by default: we publish no price forecasts.

Sale agency fee

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

Interstellar Tower — JVT, Dubai

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Interstellar Tower Offices

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