Myra Residences by Sikanta – Apartments for Sale at Dubai South

Myra Residences is a new residential development at Dubai South, being built by Sikanta Development. Myra Residences by Sikanta includes studios and one- and two-bedroom apartments. The project combines well-thought-out layouts, modern design and a well-developed internal infrastructure.

The architecture of Myra Residences by Sikanta at Dubai South is modern and minimalistic. The building, with its clean lines and large amount of glass, looks neat and tidy, without any unnecessary decoration. Panoramic windows let in plenty of light, while balconies and terraces allow you to use the living space not only inside but also outside. The roof features a communal terrace and lounge with panoramic views of the Dubai South, where you can relax, meet friends or work in the fresh air.

The main advantage of property at Myra Residences by Sikanta is its location. Dubai South is a large area developing around Al Maktoum International Airport and Expo City Dubai. It is home to logistics, business and residential areas, creating a new centre of attraction for businesses and residents. The area is conveniently connected to the city: major roads E311 (Sheikh Mohammed Bin Zayed Road) and E611 (Emirates Road) are nearby, and there are exits to E11 and Expo Road. It usually takes about 35-40 minutes to drive to Downtown Dubai, about 30 minutes to Dubai Marina, about half an hour to Mall of the Emirates, and about 30-35 minutes to Palm Jumeirah.

Dubai South already has all the necessary social infrastructure for daily life: supermarkets, small shopping centres, schools and kindergartens, medical clinics, sports grounds and parks. New shops, cafes and services are gradually appearing, and hotels and additional leisure facilities are opening. There are popular leisure destinations near Dubai South. A few minutes' drive away is Dubai Parks and Resorts with theme parks, attractions and family leisure areas. At Expo City Dubai, you can attend various events, festivals, exhibitions and business forums. The beaches of Dubai Marina and Palm Jumeirah are also easily accessible by car.

The developer, Sikanta Development, is focusing on the rich internal infrastructure of the residential development. Residents of the apartments at Myra Residences by Sikanta will have access to a fitness centre with modern equipment, a large swimming pool with relaxation areas, a separate children's playground, landscaped gardens and walking paths. The communal areas include a multifunctional hall that can be used for meetings, events or co-working. The project includes rooms for yoga and meditation, a spa and sauna, as well as outdoor fitness areas. On the roof, there is a terrace with panoramic views. For those who enjoy informal gatherings with friends, there are barbecue and picnic areas.

The types of properties at Myra Residences by Sikanta are diverse and suitable for all needs. Studios are a compact format for one person or a couple, with an area starting at approximately 419 sqft (39 m²). One-bedroom apartments at Myra Residences by Sikanta start at 935 sqft (87 m²) and are suitable for those who want to separate the private sleeping area from the living room and have more spacious accommodation. Two-bedroom apartments start at 1030 sqft (96 m²) and are designed for families or those who need an extra room for an office, nursery or guest room.

The interiors of this property in Dubai are decorated in light colours to visually expand the space. Practical materials are used in the finishes: large tiles in the kitchen and bathrooms, high-quality flooring in the living areas, and built-in wardrobes with sleek fronts. The kitchens are designed with modern lifestyles in mind: plenty of storage space, a convenient work surface, space for a dishwasher and a full-size refrigerator. The layouts of the apartments at Myra Residences by Sikanta include niches for washing machines and dryers. Some of these properties at Dubai South feature floor-to-ceiling panoramic windows and enlarged balconies.

The starting price for apartments at Myra Residences by Sikanta is 560 000 AED (152 500 $). The developer offers interest-free payment plans on a 60/40 basis with a 10% down payment. The planned completion date for this property in Dubai is Q1 2027.

The investment potential of property at Myra Residences by Sikanta is largely linked to the development of the area. Apartments at Dubai South already offer high returns. The average ROI for properties at Dubai South is around 5.7% per annum, reaching 6-8% in some projects. For studios and one-bedroom apartments at Dubai South, which are particularly popular with tenants, the yield can be higher than 7% per annum. This means that the payback period is 12-15 years.

Frequently Asked Questions of Myra Residences at Dubai South