About Myra Residences
Myra Residences is a residential building by Sikanta Real Estate Development, in Madinat Al Mataar, Dubai. It rises 5 storeys (a ground floor, 4 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 64 homes.
Key information
Developer
Sikanta Real Estate Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Madinat Al Mataar, Dubai
- Master project
- Dubai South Residential District
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 64
- Registered with DLD
- 12 Sept 2025
- Escrow bank
- Emirates Islamic Bank
- Escrow account no.
- 3718494048503
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction14% complete
- Expected handoverTBC
Construction progress
12 inspection photos from the Dubai Land Department. Latest 16 Jul 2026 at 14% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
6 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
14
Median price
AED 675K
Median price / sqft
AED 1K-4%
Off-plan share
100%
Priced 1% below than the Madinat Al Mataar median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 10 | 457 sqft | AED 640K | AED 1K |
| 2 Bed | 4 | 1,107 sqft | AED 1.4M | AED 1K |
Price per sqft by year
-4% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 22 Jun 2026 | Off-plan | 1,150 sqft | AED 1.4M | AED 1K |
| 08 Jun 2026 | Off-plan | 483 sqft | AED 676K | AED 1K |
| 18 May 2026 | Off-plan | 1,028 sqft | AED 1.2M | AED 1K |
| 30 Apr 2026 | Off-plan | 419 sqft | AED 587K | AED 1K |
| 13 Apr 2026 | Off-plan | 1,101 sqft | AED 1.4M | AED 1K |
| 20 Feb 2026 | Off-plan | 483 sqft | AED 676K | AED 1K |
| 21 Jan 2026 | Off-plan | 419 sqft | AED 587K | AED 1K |
| 21 Jan 2026 | Off-plan | 419 sqft | AED 587K | AED 1K |
Unit mix
64 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 20 | 419 - 547 sqft |
| 1 B/R | 12 | 935 - 953 sqft |
| 2 B/R | 32 | 1,028 - 1,159 sqft |
Payment plan
Payment plans are set by Sikanta Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Madinat Al Mataar, Dubai.
Madinat Al Mataar
Dubai, United Arab Emirates
Frequently asked questions
Myra Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 14% complete.
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