IL Teatro

Key facts

Handover (past)

Q4 2024

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Community Park
• Gymnasium
• Golf Club and Clubhouse
• Running Track
• Valet Parking
• Landscaped Gardens
• CCTV Security
• Shared Spa
• Children's Pool
• Children's Play Area
• Shared Pool

Location

IL Teatro sits in il Teatro Residences 1.

Master plan

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

How IL Teatro compares

Entry here is AED 836,000, against a median of AED 705,000 across the 6 priced projects in Naseej District, which puts it above 4 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 2024, alongside 104 other projects completing in the same quarter. ARADA has 47 projects in our catalogue, 7 of them in Naseej District.

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, 35% during construction and 60% at handover. At the AED 836,000 entry price, that is AED 42,000 to reserve a unit, AED 293,000 across the build, and AED 502,000 due on completion.

What the entry price works out at

The cheapest unit with a published size is 1,784 square feet at AED 2,446,000, which works out at AED 1,371 per square foot. Stated sizes run from 1,784 to 3,671 square feet.

Handover and construction

IL Teatro handed over in Q4 2024.

Ownership and residency

IL Teatro 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, though 2 bedroom units here start at AED 2,446,000 and clear it on their own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 2,568,300 and 3 bedroom units at AED 5,098,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for IL Teatro lead with community park, golf club and clubhouse, running track, valet parking, shared spa and children's pool, alongside the gymnasium, landscaped gardens, CCTV security, children's play area and shared pool that most Dubai developments carry. 11 floor plans are published for it.

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