New homes in Celesto Tower start at AED 608,000; keys are due Jun 2028; you pay 20% to book, 30% while it is built and 50% at the keys.
Keys
Jun 2028
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
350 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,737 per sq ft
At the smallest size listed
RERA project
4106
Check it in Dubai REST, the Dubai Land Department's official app.
Built
4%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
271
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 121,600+ AED 24,320 DLD fee
AED 145,920
Feb 2027While it is built · 5%
While it is built
5%
AED 30,400
AED 176,320
Apr 2027While it is built · 5%
While it is built
5%
AED 30,400
AED 206,720
Jul 2027While it is built · 5%
While it is built
5%
AED 30,400
AED 237,120
Oct 2027While it is built · 5%
While it is built
5%
AED 30,400
AED 267,520
Jan 2028While it is built · 5%
While it is built
5%
AED 30,400
AED 297,920
Mar 2028While it is built · 5%
While it is built
5%
AED 30,400
AED 328,320
Jun 2028Keys · 50%
Keys
50%
AED 304,000
AED 632,320
Booking payment, 20%
AED 121,600
Dubai Land Department fee (Oqood), 4%
AED 24,320
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 145,920
Total costPrice plus the DLD fee
AED 632,320
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 78 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Celesto Tower, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 78 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Celesto Tower, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,503 per sq ft
AED 1,344 to AED 1,382 per sq ft
3 sales
AED 1,382 to AED 1,419 per sq ft
4 sales
AED 1,419 to AED 1,457 per sq ft
6 sales
AED 1,457 to AED 1,495 per sq ft
25 sales
AED 1,495 to AED 1,533 per sq ft
12 sales
AED 1,533 to AED 1,570 per sq ft
17 sales
AED 1,570 to AED 1,608 per sq ft
4 sales
AED 1,608 to AED 1,646 per sq ft
7 sales
AED 1,344 per sq ftAED 1,646 per sq ft
This project AED 1,737 per sq ft, above every sale
Half of the sales sold for AED 1,475 to AED 1,540 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,344 to AED 1,382 per sq ft
3
AED 1,382 to AED 1,419 per sq ft
4
AED 1,419 to AED 1,457 per sq ft
6
AED 1,457 to AED 1,495 per sq ft
25
AED 1,495 to AED 1,533 per sq ft
12
AED 1,533 to AED 1,570 per sq ft
17
AED 1,570 to AED 1,608 per sq ft
4
AED 1,608 to AED 1,646 per sq ft
7
The 3 closest sales
Picked from the 78 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 540,000AED 1,531 per sq ftCelesto Tower, 353 sq ft
Mar 2026AED 506,308AED 1,435 per sq ftCelesto Tower, 353 sq ft
Feb 2026AED 571,193AED 1,619 per sq ftCelesto Tower, 353 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 608,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
Check the from price
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.6%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.6%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (350 sq ft)
AED 4,550
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 608,000 = 6.6%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)850 m, 14 min walkSchool
GEMS Wellington Academy2.5 km, 9 min driveBritish school
Indian International School2.2 km, 9 min driveIndian school
Celesto Tower is a Tarrad Development building in Dubai Land Residence Complex with furnished studios to two-bedroom homes from AED 608,000 and a listed handover of June 2028.
The plan is 20% on booking, 30% during construction and 50% at handover. At the from price that is AED 121,600, AED 182,400 and AED 304,000. The listed handover is June 2028, about 19 months from now, and half the price is due at handover. Separately, the 4% DLD fee comes to AED 24,320; ask when it is due.
The listed size range is 350 to 350 sq ft, yet the tower has studios to two-bedroom homes. The listing gives studios of about 350 sq ft, one-bedroom homes of 590 sq ft and two-bedroom homes of 927 sq ft, so check the size of your unit on the floor plan. Homes come furnished, with smart apartment systems and kitchen appliances. Facilities include an infinity pool, a gym, a sauna, a jacuzzi and a kids' pool.
Wadi Al Safa Medical Center is about 480 m away and Gems First Point School (The Villa) about 850 m. GEMS Wellington Academy is about 2.5 km away, around 9 minutes by car. Creek Metro Station is about 14.1 km away, roughly 19 minutes by car, and Business Bay about 21 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales only.
Questions about this project
Can foreigners buy here?
Yes. Celesto Tower is listed as freehold, so foreign buyers can own outright. Tarrad Development is the developer.
What are the payment amounts?
At AED 608,000: AED 121,600 on booking, AED 182,400 during construction and AED 304,000 at handover. Separately, the 4% DLD fee comes to AED 24,320; ask when it is due.
How large are the homes?
Studios are about 350 sq ft, one-bedroom homes 590 sq ft and two-bedroom homes 927 sq ft. The listed size range gives a single size of 350 sq ft, so confirm your unit's size.
Are the apartments furnished?
The developer lists them as furnished, with smart apartment systems and kitchen appliances. Ask what is included in your unit.
When is handover?
The listed handover is June 2028, about 19 months away.
