New One Bedroom Apartments for Sale Dubai South - Myra Residences
We are offering new one bedroom apartments for sale in Dubai South starting at 935 sqft, with prices from AED 560,000 and a 60/40 payment plan requiring just 10% on booking.
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Size: Starting at 935 sqft (87 m²)
Starting price: AED 560,000
Payment plan: 10% down payment, 50% during construction, 40% on handover
Handover: Q1 2027
Total units in development: 64 (studios, 1BR, 2BR)
Building: Low-rise, ground + 4 floors
Parking: 1 dedicated space per unit
Developer: Sikanta Developments
Where stillness meets simplicity
Step into your personal haven a serene one-bedroom residence designed for quiet luxury and mindful living. Sunlight dances across the open space, warming every corner from the gentle living area to the thoughtfully crafted kitchen. It’s a home for slow mornings, intentional moments, and the simple joy of being at ease in your own space.
Why Buy a New One Bedroom Apartments For Sale at Myra Residences
We designed these as some of the most competitively positioned new one bedroom apartments for sale in Dubai South, built on three principles: an accessible entry price, a generous footprint, and a location with a clear growth trajectory.
At 935 sqft, our 1BR layout is larger than what you’ll typically find at this price point among new one bedroom apartments for sale in the area. We separated the bedroom from the living area deliberately, giving residents a proper sleeping zone rather than an open-plan studio-style layout. Every unit comes with a private balcony, built-in wardrobes, and a kitchen designed for full-size appliances, including space for a dishwasher and washer/dryer.
We kept the development to only 64 total units by design. For buyers comparing new one bedroom apartments for sale in Dubai South against larger, higher-density towers, this matters: lower unit density means a quieter building, stronger demand relative to supply, and a level of finishing attention that’s harder to deliver at scale.
Pricing & Payment Plan
We’ve priced the 1BR units from AED 560,000, one of the more accessible entry points among new one bedroom apartments for sale in Dubai South today. Our payment structure is 60/40: 10% on booking, 50% across construction milestones, and the final 40% due at handover in Q1 2027.
Location: Dubai South
Myra Residences sits inside Dubai South, a 145 sq km master-planned district we chose deliberately, built around Al Maktoum International Airport and Expo City Dubai. Key location points:
Roughly 35–40 minutes by car to central Dubai
Direct access to Sheikh Mohammed Bin Zayed Road
A few minutes from Expo City Dubai and District 2020
Close to Al Maktoum International Airport, which is being expanded into what is planned to be the world's largest airport.
Surrounded by planned schools, retail, and logistics infrastructure
If airport proximity, long-term infrastructure growth, or an accessible entry price relative to central Dubai districts matter to you, we believe Dubai South stands ahead of Arjan, MBR City, and Dubai Investments Park for anyone evaluating new one bedroom apartments for sale right now.
Investment Numbers
Average rental yields in Dubai South run around 5.7% annually, with studios and one-bedroom units, specifically, often achieving 7% or higher due to strong tenant demand for smaller, efficient layouts. At a 7% yield, that puts the payback period at roughly 12–15 years on a unit purchased at AED 560,000.
We also want buyers to know that UAE property investors benefit from zero capital gains tax, a structural advantage worth factoring in when comparing new one bedroom apartments for sale here against other global markets.
For investors evaluating new one bedroom apartments for sale in Dubai South specifically, this combination of yield, tax treatment, and entry price is the core of our investment case.
Amenities Included
Every resident of our 1BR apartments has access to:
Rooftop
swimming pool
Rooftop kids' pool
Rooftop deck
/ sundeck
Fully equipped
gym
Locker rooms
Digital key access
24/7 CCTV on
every floor
Google Nest
smart home integration
Professional facilities
management
Landscaped gardens and
interconnected pools
About the Developer
Mohan Saini is our Founder and Managing Director. Before founding Sikanta, Mohan Saini spent nearly four decades at Shapoorji Pallonji, one of India’s largest construction companies, where he served as Managing Director and CEO and oversaw international operations across more than 20 countries, growing the business to over USD 2 billion in turnover.
As a boutique builder, Sikanta Developers in Dubai ensures every home in Myra Residences is crafted with the same attention to detail Mohan Saini brought to landmark projects across his career. We chose to build in Dubai South, rather than compete for land in Downtown Dubai or Palm Jumeirah, as a direct response to the area’s growth trajectory around Expo City and Al Maktoum International Airport.
This is what makes Sikanta Developers in Dubai different from larger volume-focused developers: fewer units, a longer 36-month construction runway from concept to handover, and a stated focus on quality control over speed of delivery. When you’re choosing who to buy new one bedroom apartments for sale from, we believe that track record should weigh as heavily as the unit specs and pricing.
About Myra Residences
Myra Residences in Dubai South is our flagship project, and currently our only completed development in the pipeline. The collection includes studios from 419 sqft, 1BR units from 935 sqft, and 2BR units from 1,030 sqft.
We structured the project around interconnected swimming pools, tropical landscaping, and a rooftop amenity deck, set within a five-storey low-rise building rather than a high-rise tower. For buyers comparing Myra Residences in Dubai South against taller, higher-density developments in the same district, our trade-off is fewer total units in exchange for more attention paid to individual unit finishing.
We’re planning a second wave of projects, with a combined investment of roughly AED 250 million, expected to launch by mid-2026. This may affect pricing and availability at Myra Residences in Dubai South as our portfolio expands, so early buyers benefit from securing a unit now.
Should You Buy a New One Bedroom Apartments For Sale Here?
This unit suits you if you’re looking for:
A primary residence with separated bedroom and living space, not a studio
An investment property in a high-growth, lower-entry-price district
Off-plan pricing ahead of a Q1 2027 handover
A lower-density building over a high-rise tower
FAQs
What is the starting price for a 1BR apartment at Myra Residences?
AED 560,000, based on our published launch pricing. Our sales team can confirm current availability, as units and rates shift across release phases.
What is the payment plan?
A 60/40 structure: 10% down payment, 50% during construction, 40% on handover in Q1 2027.
How big is the 1BR unit?
Starting at 935 sqft (87 m²).
Who developed Myra Residences?
Sikanta Developments, founded by Mohan Saini, formerly Managing Director and CEO of Shapoorji Pallonji.
When is handover?
Q1 2027.
What rental yield can I expect?
Dubai South averages around 5.7% annually, with one-bedroom units often reaching 7% or higher due to tenant demand.
How far is Myra Residences from central Dubai?
Approximately 35–40 minutes by car.
Is this a good time to buy new one bedroom apartments for sale in Dubai South?
Off-plan pricing is typically lower than post-handover resale value, so buying now locks in current pricing ahead of our 2027 completion and the area’s continued infrastructure build-out around Al Maktoum International Airport.