Aurum by Meteora

Key facts

Status

not_started

Ownership

freehold

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• Gymnasium
• Yoga room
• Children's Play Area
• Barbecue Area
• Security

Location

Aurum by Meteora sits in Al Sufouh.

Master plan

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

How Aurum by Meteora compares

Entry here is AED 1.5M, against a median of AED 1.7M across the 4 priced projects in Al Sufouh, the lowest entry price in the community. The plan opens at 30% down, against a Dubai median of 10%, so it asks 20% more up front than the typical plan. Meteora Developers has 8 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.

What you pay, and when

The published payment plan is 30% on booking and 70% at handover. At the AED 1,500,000 entry price, that is AED 450,000 to reserve a unit, and AED 1,050,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 60,000 at this entry price. That 30% booking payment does not go to Meteora Developers 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

Aurum by Meteora 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 Aurum by Meteora lead with yoga room, alongside the indoor swimming pool, landscaped gardens, gymnasium, children's play area, barbecue area and security that most Dubai developments carry.

Frequently asked