Celia Residence

Key facts

Handover (past)

Q3 2024

Status

Ready

Construction progress

100%

Ownership

freehold

Property types

apartment

Availability

Sold out

How Celia Residence compares

Entry here is AED 432,800, against a median of AED 627,000 across the 14 priced projects in Dubai Studio City, the lowest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2024, alongside 38 other projects completing in the same quarter. Abou Eid Real Estate Development has 4 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Yoga room
• Cinema
• Health Club
• Golf Club and Clubhouse
• Shared Pool
• Shared Gym
• Children's Play Area
• Barbecue Area

Location

Celia Residence sits in Dubai Studio City.

Master plan

The developer’s own site plan for Celia Residence, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 10% on booking, 80% during construction and 10% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 23,000 at this resale price. That 10% booking payment is not paid to Abou Eid Real Estate Development directly: Dubai's Law 8 of 2007 requires a registered project to hold it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 354 square feet at AED 432,800, which works out at AED 1,223 per square foot. Stated sizes run from 354 to 1,251 square feet.

Handover and construction

Handover at Celia Residence was recorded for Q3 2024. Construction was last recorded at 100% complete.

Ownership and residency

Ownership at Celia Residence is freehold: a buyer of any nationality can own a unit outright and hold the title deed. The 10 year UAE golden visa has a property threshold of AED 2,000,000, which the cheapest resale listed does not reach.

Who it suits

The development is apartments in studio to 2 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

The shared facilities recorded for Celia Residence start with yoga room, cinema, health club, golf club and clubhouse and shared gym, alongside the shared pool, children's play area and barbecue area that most Dubai developments carry. 18 floor plans are published for it.

Frequently asked