2-Bedroom Apartment at Allegro Park, Dubai Islands — Park/Pool view — AUD $1,165,873

Apartment Real Estate for Sale in Dubai Islands, DUBAI — Total: $1,165,873 AUD, Just $116,587 Down, 40% due 2 yrs after Mar 2028 handover

2-Bedroom Apartment at Allegro Park, Dubai Islands — Park/Pool view — AUD $1,165,873

Key facts

Price
Total: $1,165,873 AUD, Just $116,587 Down, 40% due 2 yrs after Mar 2028 handover
Location
Dubai Islands, DUBAI 0000
Type
Apartment Real Estate
Bedrooms
2
Bathrooms
2
Listed by
Crownsbridge Properties
Listing ID
21201628
Last updated
2026-10-14

Description

Allegro Park is a boutique, low-rise collection of park-front residences on Dubai Islands (formerly Deira Islands), the new 17 sq km waterfront island district north of Old Dubai that is being developed with beaches, marinas, a golf course and resort hotels. Homes are delivered semi-furnished with floor-to-ceiling glazing, generous terraces, a resort-style pool and landscaped park outlooks, a short drive from Dubai International Airport and the Deira/Al Ras heritage district.

For Australian investors, Dubai Islands is one of Dubai's earliest-stage master-planned waterfront corridors, where entry prices are still below established beachfront areas such as Palm Jumeirah and Dubai Marina. This sheet's 'payment holiday' plan pushes 40% of the price out to two years after handover. Title is freehold, and the UAE levies no income or capital gains tax on the property (Australian tax still applies).

Unit 209 — 2 Bedroom, Park/Pool view, Allegro Park, Dubai Islands, on the developer's availability sheet dated 14 October 2026. Internal approx. 1,088 sq ft plus 326 sq ft external terrace/garden, total approx. 1,414 sq ft (~131 sq m). Payment-holiday price AED 3,008,704 ≈ AUD $1,165,873 (AUD figures use 1 AED = 0.3875 AUD). Total: $1,165,873 AUD, Just $116,587 Down, 40% due 2 yrs after Mar 2028 handover.

Expected completion / handover: Q1 2028 (published as 31 March 2028; confirm in the SPA, as developer dates can move).

Payment plan (payment holiday / post-handover plan, 10/40/10/40): 10% on booking; 40% during construction (10% within 30 days of booking, 5% at 6 months, 5% at 9 months, 10% at 15 months, 10% at 18 months); 10% on handover; 40% in four 10% instalments at 6, 12, 18 and 24 months after handover.

In plain English: you secure the home with a 10% deposit (about AUD $116,587). A further 40% (about AUD $466,349) is paid in stages while the building is under construction, 10% (about AUD $116,587) is due at handover (Q1 2028), and the final 40% (about AUD $466,350) is spread over the two years after you receive the keys — so the home can be earning rent while you finish paying for it. Dubai Land Department registration (normally 4%) and admin fees are payable on top of the price. Plan terms are the developer's published post-handover plan for this project; always confirm the final schedule in the SPA/offer.

Investment notes: Projected capital appreciation in comparable Dubai off-plan segments has often been discussed in the market as potentially exceeding around 15% per annum in strong cycles — past performance is not a guarantee of future results, and returns vary by project, timing, and market conditions. Off-plan units can often be resold (assigned) prior to completion, which some buyers use to realise gains before handover, subject to developer rules (developers commonly require a minimum percentage to be paid before an assignment is approved), transfer fees, and market demand.

SMSF: Australian Self-Managed Super Funds (SMSFs) can purchase UAE property when structured correctly. Crownsbridge specialises in structuring SMSF purchases of UAE property for you at no fee — ask us how.

Bathroom count shown is indicative — confirm against the official floor plan. Offer via Crownsbridge. Contact us for availability, SPA terms and floor plans.

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