Property Description
SkyHills Astra
Developer: HRE
Location: Dubai Science Park
Handover: Q4 2027
Payment Plan: 40/60
Post-handover: 35 months at 1% monthly
Retail Project Summary:
Levels: Ground + Podium 1 & 2 (Retail & Office use)
Retail units: 23
Unit sizes: 1,906 to 6,417 sq. ft.
Asking price: AED 2,400 per sq. ft. for larger units, AED 3,400 per sq. ft. for smaller units
Service charges: AED 6 to 10 per sq. ft.
Views: Marina skyline and Umm Suqeim Road
Rental Income Estimate: AED 250 per sq. ft.
Management/Owner association will manage:
Cleaning and maintenance
Area upkeep
NOCs for brand-aligned fit-out and signage
Footfall Potential:
SkyHills Twin Towers resident base: 1,600 people
Estimated conversion rate: 5% = 80 daily customers
Metro footfall: Approximately 1,000 people per hour passing and entering the mall
Conclusion:
A strong mix of captive residential demand and consistent metro-driven footfall provides good retail business potential
Project Status
Off Plan
Expected Handover Date
Q4 2027
Payment Plan
40/60
Contact Broker
Stephen James Mitchell
+971502257322
Project Details
Property Type
Retail
Developer
HRE
Sizes
1,906 to 6,417 sq. ft.