EIRA combines an accessible entry price from AED 550K, a 50/50 payment plan with four years of post-handover instalments, and more than 25 lifestyle amenities, making it a distinctive boutique residential investment opportunity in Dubai Production City.

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EIRA by Neoterra Developments

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EIRA by Neoterra Developments

Affordable premium living by the park and twin lakes. A rare combination of 25+ on-site amenities, European kitchen appliances, and an accessible price point with a 50% payment plan extending 4 years post-handover.

LAUNCH PRICE

AED 550K (USD 150K)

PAYMENT PLAN

50/50

HANDOVER

April 2029 (Q2)

ROI POTENTIAL

Check Availability

Dubai Production City, Dubai, UAE,

https://cdn.opr.ae/upload/photo/EIRA.jpg

About the Project

Overview of EIRA

EIRA is a G+8+2B complex by Neoterra Developments in Dubai Production City, with 271 residences: 174 studios and 97 1BR apartments from 344 to 829 sq. ft, overlooking a 2-acre park and two lakes. The complex offers 25+ amenities, including a 6-hole rooftop golf course, the Celestial Pavilion stargazing deck, a temperature-controlled pool, a pet park, an aerial yoga studio, saunas, and a co-working space. In a few minutes — City Centre Me'aisem and Mediclinic Me'aisem.

City Centre Me'aisem — 3 minutes by car

Mediclinic Me'aisem — 3 minutes by car

Dubai International Stadium — 10 minutes by car

GEMS Metropole School — 10 minutes by car

Dubai Hills Mall — 15 minutes by car

Mall of the Emirates — 18 minutes by car

Project Details

Starting Price

AED 550K (USD 150K)

Handover

April 2029 (Q2)

Payment Plan

50/50 (50% during construction, 50% post-handover over 4 years)

Area

32 – 77 sq. m

Property Type

Studios, 1BR apartments

Bedrooms

Studio, 1BR

Developer

Neoterra Developments

Location

Dubai Production City, Dubai

Download Project Presentation

Signature Features & Resort-Style Amenities

EIRA's infrastructure is unique for a price point starting at AED 550K — rooftop golf (Skyline Golfing) and the Celestial Pavilion stargazing deck sit alongside co-working spaces, a kids' pool, and The Little Explorers' Park playground. This balance of wellness amenities, workspaces, and family-friendly zones makes the complex an ideal choice for young families, expats, and professionals.

Outdoor Temperature-Controlled Pool
Kids' Pool
Pool Bar
Sunken Seating
Lounge Deck
The Little Explorers' Park
The Paws Retreat
Serenity Walkway
Work-From-Home Zones
Gravel Area
Rooftop Jogging Track
Celestial Pavilion
Cabana Spaces
EV Chargers (selective parking)
Energy-Efficient Lighting
24-hour Security
CCTV Surveillance

Hangout Hubs
Lotus Zen Water Feature
Grandé Maison by GRID
Bespoke Concierge Desk
Indoor Gym
Aerial Wellness Studio
Wellness Suite (Sauna & Steam Rooms)
Co-working Space
The Botanical Oasis
Skyline Golfing (6-hole Golf Course)
Hammocks
Yoga Lawn
Curated Hangout Zones
District Cooling
Smart Access System
Kone/Schindler/Mitsubishi Lifts
Anti-break Entrance Doors

Property Types

EIRA features 271 residences: 174 studios (344–423 sq. ft.) and 97 1BR apartments (635–829 sq. ft.). Studios come with a fold-and-tuck transformer kitchen, while 1BR apartments offer a dedicated workspace, a walk-in wardrobe, and a spacious balcony. Kitchens are fitted with Electrolux (or equivalent) appliances: a microwave-oven combination, an integrated fridge freezer, a combi washer dryer, and a cooking hob.

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Property Type

Living Area

Starting Price

1-BR Apartments

716 sq ft

AED 550K

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1 Bedroom Apartments

Living area

716 sq ft

Starting price

AED 550K

Studios

319 sq ft

Upon Request

Check Availability

Studios

Living area

319 sq ft

Starting price

Upon Request

Payment Plan

The payment plan is 50/50, tied to construction progress: 50% is paid in equal installments during construction and at handover, with the remaining 50% paid in equal annual installments over 4 years after handover.

10%

On booking

30%

During Construction

10%

On Handover

50%

Post Handover

Investment Potential

EIRA's financial appeal lies in a rare-for-Dubai combination of accessible pricing and a flexible payment schedule: prices start from AED 550K (USD 150K), with a 50/50 payment plan including 4 years of post-handover installments after delivery in April 2029. An additional financial advantage is the kitchens' built-in Electrolux appliances, eliminating extra costs at the outset. The transformation of Dubai Production City from a media cluster into a residential area with established infrastructure (City Centre Me'aisem, clinics) ensures steady rental demand from IT professionals and media managers.

As of 2026:

Low-rise format — G+8+2B, 271 residences in Dubai Production City
10% down payment, 50/50 plan with 4 years of post-handover instalments
Full freehold ownership for buyers of all nationalities
Residency visa on purchase: 2-year for any property value, 10-year Golden Visa from AED 2 million, covering the whole family
3 minutes to City Centre Me'aisem, direct access to E311 and Al Khail Road

Contact a Property Investment Consultant

Flexible Financing Options

Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.

Secure a mortgage during construction to maximize leverage
Combine developer payment plans with tailored bank financing
Get pre-approved in as little as 3 days
Conventional and Sharia-compliant financing available
No hidden fees or added costs

Contact a Mortgage Specialist

Gallery

Exteriors

Interiors

About Dubai Production City

Dubai Production City (formerly the International Media Production Zone, IMPZ) is an area established in the early 2000s along E311 as a cluster for media, publishing, and packaging companies, located between Expo City Dubai and Jumeirah Village Circle (JVC). Today the area is actively developing as a residential zone: it now has its own retail hub, City Centre Me'aisem, the Mediclinic Me'aisem clinic, and international schools nearby. The district has direct access to E311 and Al Khail Road, putting Dubai Hills Mall around 15 minutes away and Mall of the Emirates around 18 minutes away.

Area Page

About Dubai Production City

Notable Attractions

Landmarks in western Dubai:

Dubai International Cricket Stadium in Dubai Sports City
The Els Club, an 18-hole golf course
Dubai Autodrome in Dubai Motor City

Healthcare

Clinics nearby:

Mediclinic Me'aisem
Your Center Polyclinic
Dr Joy Dental Clinic

Education

International schools nearby:

GEMS Metropole School
Arcadia British School
Sunmarke School

Area page

About the Developer

About the Developer

Neoterra Developments is a Dubai-based developer creating residential projects in partnership with GRID, which manages design and construction processes (Development Lifecycle Management). The duo prioritizes human-centered architecture, the integration of eco-friendly solutions, and multifunctional common areas across their developments. The partnership with GRID ensures a consistent standard of quality control and operational management throughout every stage of delivery.

Developer's Profile

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FAQ — EIRA by Neoterra Developments

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Where is EIRA located?

The complex is located in Dubai Production City, with direct access to E311 and Al Khail Road. City Centre Me'aisem and Mediclinic Me'aisem are 3 minutes away, while Dubai International Cricket Stadium and GEMS Metropole School are 10 minutes away.

Who is the developer of EIRA?

The project is developed by Neoterra Developments, a Dubai-based developer founded and chaired by Naresh Perwani. EIRA is delivered in partnership with GRID, which serves as the DLM (Development Lifecycle Management) operator. The developer is also building ELMORA in Jumeirah Garden City, an 85-residence project.

What property types are available at EIRA?

The project comprises 271 residences: 174 studios from 344 to 423 sq. ft. and 97 1BR apartments from 635 to 829 sq. ft.

What is the starting price at EIRA?

Prices start from AED 550K (USD 150K) for a studio; 1BR apartments start from AED 960K (USD 261K).

What payment plan does the developer offer at EIRA?

Buyers are offered a 50/50 payment plan: 10% on booking, 30% during construction (2026–2028, in equal installments), and 10% on handover in April 2029; the remaining 50% is paid in equal annual installments over 4 years post-handover.

What amenities are available to EIRA residents?

25+ amenities across the ground floor, indoor spaces, and rooftop: a 6-hole golf course, the Celestial Pavilion stargazing deck, a temperature-controlled pool, a gym, an aerial yoga studio, a co-working space, and saunas.

What ROI can investors expect at EIRA?

The projected rental yield is around 5% — a developer-stated estimate; independent data on yields specifically for Dubai Production City from Property Monitor or DXB Interact is not currently available.

Can foreigners buy property at EIRA?

Yes. Dubai Production City is a freehold zone, allowing buyers of any nationality to own property outright.

Can buyers get a UAE residency visa when purchasing in Dubai?

Yes. Any property purchase in Dubai qualifies for a 2-year residency visa, and an investment of AED 2 million or more qualifies the buyer for a 10-year Golden Visa, covering themselves and their family.

When is EIRA scheduled for handover?

April 2029 (Q2).

Why invest in EIRA?

EIRA combines a low entry price (from AED 550K), a 50/50 payment plan with 4 years of post-handover instalments — rare for this price segment — and a dense amenity offering of 25+ facilities, unusual for a boutique-format development.

DLD Verified

RERA Information

This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)