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MERAKI REAL ESTATE DEVELOPMENT L.L.C

Nirvana Residences I

Under Construction · Date not reported|326 units · 1 tower
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Nirvana Residences I is an under-construction development by MERAKI REAL ESTATE DEVELOPMENT L.L.C in Dubai Production City (IMPZ), comprising 326 registered units. 21 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,515 per sqft. At AED 1,515 per sqft, Nirvana Residences I prices 6% above the Dubai Production City (IMPZ) median of AED 1,431 per sqft on registered sales.

PIX© price
1.12MAED
Typical
1,515AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
21
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Nirvana Residences I

Size
Record
Sep 2024 to Apr 2025
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 328 Apr 202518 mo
Current owner
2Owner 210 Sep 20248 mo
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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Land · Nirvana Residences I
Occupancy (237 nights)
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Nirvana Residences I

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
405 - 2,093 sqft
3261.12M1,515-
Studio · Apartment
405 - 466 sqft
106-
1 Bed · Apartment
723 - 1,057 sqft
148-
2 Bed · Apartment
1,215 - 1,745 sqft
69-
3 Bed · Apartment
1,655 - 2,093 sqft
3---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide21 DLD records
PIX© price analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
29 Oct 2026StudioNirvana Residences I · Floor 1422719,6621,705-StandardOff-Plan Sale
20 Oct 20261 BedNirvana Residences I · Floor 38831,199,6791,359-StandardOff-Plan Sale
19 Oct 20261 BedNirvana Residences I · Floor 77341,087,5991,483-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Production City (IMPZ)

The closest-priced registered projects in Dubai Production City (IMPZ).

Common questions about Nirvana Residences I

Answered from Dubai Land Department registered transactions.

How much does a property in Nirvana Residences I cost?

Property in Nirvana Residences I sells at a current PIX© price of AED 1,515 per sqft, or about AED 1,118,109 for a typical unit, based on 21 sales registered with the Dubai Land Department.

When is Nirvana Residences I handing over?

Nirvana Residences I is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Nirvana Residences I?

Nirvana Residences I is developed by MERAKI REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Nirvana Residences I?

Nirvana Residences I holds 326 registered units, per the Dubai Land Department unit register.