Neon Tower

Key facts

Handover

Q4 2029

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

Neon Tower sits in Neon Tower.

Master plan

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

How Neon Tower compares

Entry here is AED 1.4M, against a median of AED 1.4M across the 3 priced projects in Rise by Athlon 2, which puts it above 1 of them and below 1. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q4 2029, alongside 86 other projects completing in the same quarter. Aldar Properties PJSC has 106 projects in our catalogue, 3 of them in Rise by Athlon 2.

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.

What you pay, and when

The published payment plan is 5% on booking, 55% during construction and 40% at handover. At the AED 1,350,000 entry price, that is AED 68,000 to reserve a unit, AED 743,000 across the build, and AED 540,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 54,000 at this entry price. That 5% booking payment does not go to Aldar Properties PJSC directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

Ownership and residency

Neon Tower is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 to 3 bedroom layouts.

What is on site

Shared facilities recorded for Neon Tower are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 6 floor plans are published for it.

Frequently asked