MERAKI "Nirvana Residences 1" (Dubai Production City) — SKID Score 6.2/10

Key information

Delivery date: Dec 2028
Location: Dubai, Dubai Production City, MERAKI "Nirvana Residences 1"
Payment plan: 20/20/60
Property types: Apartment
Government fee: 2% + AED 3,000 admin
Ownership type: Freehold
Starting price / sq.ft: AED 1,747 / sq.ft
Unit sizes: From 439 sq.ft
SKID score: 6.2 / 10 (Proceed with caution)

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Payment plan

20%

Down payment

AED 153K

At sales launch

20%

During construction

AED 153K

Construction milestones

60%

On handover

AED 460K

Dec 2028

Published milestone schedule · Payment Plan

20% + 2% DLD + 3000 AED Admin Fee20% · AED 153K

4.5% (0.5% per month)4.5% · AED 35K

4%4% · AED 31K

0.5%0.5% · AED 4K

4% (0.5% per month)4% · AED 31K

5%5% · AED 38K

2% (0.5% per month)2% · AED 15K

60%60% · AED 460K

Project timeline

Project announcement
Meraki official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Dec 2028

About the project

Proceed with caution.

Several evidenced factors are weak.

Asking price is 37.2% above nearby closed sales (+AED 474/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

Kids’ Play Area
Leisure Areas
BBQ
Open-Air Gym
Social Zone
Landscaped Garden
Sitting Area
Resting Areas
Children’s Pool
Outdoor Cinema
Lift
Parking
Pool Deck
Lounge
Jogging Tracks
Paddle court
Pool Lounge
Security & CCTV
Shared Gym
Tennis Court
Adults’ Pool
Event Lawns

Units

from developer

Studio

Floor plan not published by source

439 sq.ft · AED 1,747 / sq.ft

From AED 767K

1 BR

Floor plan not published by source

Size on request

Price on request

2 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.2/ 10

Historical DLD Transaction Context

Asking price is 37.2% higher than nearby completed homes (+AED 474/sq.ft.)

37.2% above comparable sales

The developer asks AED 767,007 (~AED 1,747/sq.ft. for a published 439 sq.ft. starting unit), while comparable residential homes in Dubai Production City sold for a median of AED 1,273/sq.ft. (AED 558,847 for the same size).

1. Published Asking Price

AED 1,747 / sq.ft.

AED 767,007 starting price · 439 sq.ft.

2. Historical Nearby Closed Sales

AED 1,273 / sq.ft.

~AED 558,847 for the same size

3. Spread vs Historical Median

+AED 474 / sq.ft. (+37.2%)

+AED 208,160 vs historical median

Published Launch AskAED 1,747 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,273 / sq.ft.

Historical transaction context: The asking rate is 37.2% (~AED 208,160 on a 439 sq.ft. unit) above recent nearby completed homes in Dubai Production City. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 37.2% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment20%

AED 153K

At booking

During construction20%

AED 153K

Construction milestones

On handover60%

AED 460K

Handover 2028

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 37.2% above nearby closed sales (+AED 474/sq.ft.)

The developer asks AED 1,747/sq.ft., whereas comparable homes in Dubai Production City sold for a median of AED 1,273/sq.ft. (~AED 208,160 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+37.2% (+AED 474/sq.ft.)

Asking price is 37.2% above nearby closed sales (+AED 474/sq.ft.)

The developer asks AED 1,747/sq.ft., whereas comparable homes in Dubai Production City sold for a median of AED 1,273/sq.ft. (~AED 208,160 higher for the same area).

Why this matters: The asking rate is 37.2% (~AED 208,160 on a 439 sq.ft. unit) above recent nearby completed homes in Dubai Production City. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 37.2% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Meraki in catalog

Meraki is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

Handover Horizon (Potential Risk)

~2.7 Yrs (2028-12)

Estimated ~2.7-year horizon until 2028-12 target handover (~32 months)

Target completion is scheduled for 2028-12. SKID does not assume or predict developer delays, but a ~2.7-year construction window carries potential schedule and market-cycle exposure.

Why this matters: Capital committed during construction remains illiquid until handover, and multi-year timelines carry potential exposure to contractor pacing, phased delivery, and market shifts.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• 60% of the price is due at or after handover, keeping strong buyer leverage until completion
• Handover sits in a typical 1–3 year off-plan window
• 551 closed sales in the last year in this community

Watch

• Amenities mention park
• Service charge published at 16

Risk

• Published starting price vs historical DLD closed sales median: +37.3% above historical DLD closed sales median per sq ft in this community
• Busy pipeline: 11 other launches in Dubai Production City

See all 8 scoring factorsWhy SKID gave it 6.2

Why SKID gave it 6.2

Location

Weight: 29.6%

6.5/ 10

Amenities mention park

Entry price

Weight: 22.2%

3.2/ 10

Published starting price vs historical DLD closed sales median: +37.3% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

5.0/ 10

Busy pipeline: 11 other launches in Dubai Production City

Payment plan

Weight: 14.8%

8.4/ 10

60% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

8.6/ 10

551 closed sales in the last year in this community

Service charges

Weight: 3.7%

7.1/ 10

Service charge published at 16

Factor	Weight	Score
Location Amenities mention park	29.6%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median: +37.3% above historical DLD closed sales median per sq ft in this community	22.2%	3.2/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Busy pipeline: 11 other launches in Dubai Production City	14.8%	5.0/ 10
Payment plan 60% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	8.4/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 551 closed sales in the last year in this community	7.4%	8.6/ 10
Service charges Service charge published at 16	3.7%	7.1/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Ready · Apartment	AED 1.15M	1,565	735
2026-07-07	Off-plan · Apartment	AED 1.55M	1,262	1,229
2026-07-07	Ready · Apartment	AED 1.6M	1,141	1,402
2026-07-07	Off-plan · Apartment	AED 1.12M	775	1,448
2026-07-07	Off-plan · Apartment	AED 1.11M	769	1,444
2026-07-07	Off-plan · Apartment	AED 696K	434	1,604
2026-07-07	Off-plan · Apartment	AED 565K	376	1,503
2026-07-07	Off-plan · Apartment	AED 565K	376	1,503
2026-07-06	Ready · Apartment	AED 900K	621	1,450
2026-07-06	Ready · Apartment	AED 810K	637	1,271
2026-07-06	Ready · Apartment	AED 833K	667	1,250
2026-07-06	Ready · Apartment	AED 450K	365	1,232
2026-07-06	Off-plan · Apartment	AED 1.92M	1,738	1,104
2026-07-06	Ready · Apartment	AED 415K	369	1,124
2026-07-06	Ready · Apartment	AED 437K	599	729
2026-07-06	Off-plan · Apartment	AED 2.19M	1,665	1,316
2026-07-06	Off-plan · Apartment	AED 1.05M	704	1,495
2026-07-06	Off-plan · Apartment	AED 763K	410	1,859
2026-07-06	Off-plan · Apartment	AED 646K	412	1,567
2026-07-06	Off-plan · Apartment	AED 965K	691	1,397
2026-07-06	Off-plan · Apartment	AED 748K	410	1,823
2026-07-03	Ready · Apartment	AED 423K	602	703
2026-07-03	Ready · Apartment	AED 427K	626	682
2026-07-03	Ready · Apartment	AED 407K	572	711

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Dubai Production City, MERAKI "Nirvana Residences 1"

Interactive map ready (1 verified location)

· Dubai Production City, Dubai

View project

Living in Dubai Production City

Historical DLD Median

AED 1,273 / sq.ft

Historical DLD Sample

551 closed sales

Ownership

Freehold

Frequently asked questions

Is MERAKI "Nirvana Residences 1" a good off-plan investment in Dubai Production City?

MERAKI "Nirvana Residences 1" in Dubai Production City (Dubai) scores 6.2/10 (caution) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price. Historical DLD Closed Transactions: matched closed sales in Dubai Production City record a median of AED 1,273/sqft across 551 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building MERAKI "Nirvana Residences 1"?

Meraki is the developer named on this launch.

When is handover for MERAKI "Nirvana Residences 1"?

The published handover is Dec 2028.

What is the starting price of MERAKI "Nirvana Residences 1"?

The published starting price is AED 767K.

What does the SKID screen mean for MERAKI "Nirvana Residences 1"?

The SKID screen for this launch in Dubai Production City is 84 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.