Garnet by Siroya

Key facts

Handover

Q3 2027

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

Garnet by Siroya sits in Garnet by Siroya.

Master plan

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

How Garnet by Siroya compares

Entry here is AED 990,000, against a median of AED 990,000 across the 125 priced projects in Dubai South (Dubai World Central), which puts it above 62 of them and below 62. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2027, alongside 126 other projects completing in the same quarter. Siroya Ventures has 2 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 10% on booking, 30% during construction and 60% at handover. The 30% due during construction falls in three instalments of 10%, at 30, 120 and 300 days from booking. At the AED 990,000 entry price, that is AED 99,000 to reserve a unit, AED 297,000 across the build, and AED 594,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 40,000 at this entry price. That 10% booking payment does not go to Siroya Ventures 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.

What the entry price works out at

The cheapest unit with a published size is 726 square feet at AED 900,000, which works out at AED 1,240 per square foot. Stated sizes run from 726 to 1,279 square feet.

Ownership and residency

Garnet by Siroya 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. 1 bedroom units start at AED 900,000 and 3 bedroom units at AED 1,598,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for Garnet by Siroya are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 11 floor plans are published for it.

Frequently asked