Galleria Residences

Evera Development · studio, 1BR, 2BR · Dubai South, Dubai, Dubai

Galleria Residences is a residential project by Evera Development in Dubai South, Dubai, Dubai, offering studio, 1BR, 2BR layouts. Prices start from AED 690,000. This is an off-plan purchase with expected completion in December 2027 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Galleria Residences is a residential complex offering a range of apartment options in Dubai South, planned for handover by Q4 2027.

Key facts

Developer: Evera Development
Area: Dubai South, Dubai, Dubai
Property type: studio, 1BR, 2BR
Starting price: AED 690,000
Payment plan: 60% during construction, 40% on handover
Expected completion: December 2027
Construction status: Now selling
Indicative gross yield: 7% – 9%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Galleria Residences typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across studio, 1BR, 2BR layouts in Dubai South, Dubai, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Dubai South, Dubai, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Galleria Residences cost?

Prices at Galleria Residences start from AED 690,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Galleria Residences located?

Galleria Residences is located in Dubai South, Dubai, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Galleria Residences?

The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.

When is Galleria Residences expected to complete?

Expected completion is December 2027 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Galleria Residences?

The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Galleria Residences?

Galleria Residences is developed by Evera Development. We review their delivery record, build quality and value retention before recommending it.

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