Koro One Jumeirah Garden City Dubai

Koro One is a 144-home residential building in Jumeirah Garden City, the freehold pocket of Al Satwa between Sheikh Zayed Road and the Jumeirah coast. It is the first building from KORO Real Estate Development, a brand of ALTA Real Estate Development, and it is finished: the developer completed it in March 2026 and began handing over homes in June 2026. Most trackers put it at eight storeys, with one counting nine, and the mix runs from studios through one and two-bedrooms to three-bedroom duplexes, about 426 to 2,478 sq ft.

The source listing starts Koro One at AED 1.1 M (about Rs 2.83 crore), and Property Finder prints the same figure. That is a resale price: the developer's release sold out within four months of launch, when studios started at AED 945,000.

At a glance

Price and unit pricing

We print AED 1.1 M because the source listing gives it, Property Finder's project page starts at the same figure, and a recorded studio sale of AED 1,103,688 sits on top of it. The developer's own launch list started studios at AED 945,000, and the earliest launch units were quoted from AED 850,000; those prices are gone with the sell-out.

One record looks out of line: a one-bedroom of 863 sq ft sold for AED 1,000,000 in June 2026, below the launch one-bedroom price of AED 1.4 M. It may be a related-party transfer, a distressed sale or a mis-recorded size; do not treat it as the going rate for a one-bedroom. The DLD transaction history for the building, on the Dubai REST app, settles what each layout really trades at.

Against Jumeirah Garden City

Our page on Arista One, a ten-storey neighbour by Arista Heights that also completed recently, shows the difference plainly: Arista One sells only one and two-bedrooms and started at AED 1.4 M, while Koro One's studios make it the cheaper ticket into a finished building on the same streets.

Payment plan and total cost

Koro One launched on a handover-heavy plan: one tracker prints 20% on booking, 10% during construction and 70% at handover, and other pages describe it as 30/70. That plan is closed. The building is complete and the developer's release has sold out, so a buyer today pays a resale seller in full, either in cash or with a UAE mortgage. Non-residents can usually borrow 50% to 60% of the value from UAE banks, subject to the bank's own valuation.

Worked example: a AED 1,100,000 resale studio

A broker adds 2% plus VAT, about AED 23,100. If you borrow, add the mortgage registration fee of 0.25% of the loan plus the bank's valuation and arrangement fees.

Service charge. Not published for Koro One. A 2026 investor guide puts the newer tier of Jumeirah Garden City buildings at about AED 26 to 32 per sq ft a year. On a 430 sq ft studio that is about AED 11,200 to 13,800 a year. The DLD service-charge index on the Dubai REST app prints the approved budget once it is registered; ask the seller for the latest invoice and a clearance letter.

Location and connectivity

Koro One stands on 12A Street in Jumeirah Garden City, the redeveloped part of Al Satwa, which is why searches call it Koro One Satwa as often as Koro One Jumeirah Garden City. The community sits between Sheikh Zayed Road to the east and Jumeirah Beach Road to the west, with City Walk and La Mer a short drive away. Downtown Dubai and The Dubai Mall are typically 10 to 15 minutes by car, and Dubai International Airport (DXB) is about 15 to 20 minutes outside peak hours.

The Dubai Metro Red Line runs along Sheikh Zayed Road; the World Trade Centre and Max (Al Jafiliya) stations are the nearest, a short taxi ride rather than an easy walk from most of Garden City.

The honest catch is construction. Jumeirah Garden City was replanned as a freehold zone of mid-rise buildings, and many plots are still being built. Expect cranes and roadworks around Koro One for several years, and more supply competing for tenants. For other options, see all Dubai projects we track or the full projects list.

Amenities and specifications

For a 144-home building, Koro One carries a long amenity list. The developer and broker pages quote rooftop swimming pools, a fully equipped gym, a yoga studio, sauna and steam rooms, co-working lounges, landscaped gardens and a children's play area.

The Koro One floor plan runs from studios of about 426 sq ft, through one-bedrooms of about 860 sq ft and two-bedrooms of about 1,110 sq ft, to the three-bedroom duplexes of about 2,478 sq ft. A Koro One brochure was issued at launch; with the building finished, the better document is the unit's own floor plan and title deed, and a visit.

Koro One photos in the developer's press releases show the finished building and its rooftop. The sources checked do not publish the finish schedule, appliance brands or parking per unit.

About the developer

The Koro One developer is KORO Real Estate Development, a brand that ALTA Real Estate Development launched for a younger, more mid-market buyer; that is why searches read Koro One ALTA or Koro One by ALTA. ALTA was founded in 2020 and is led by Abdulla Al Tayer. It made its name with Mr. C Residences Jumeirah, a residential project created with the Cipriani family, and calls itself a boutique developer of low-volume homes.

Koro One is KORO's first building. The developer says it sold out within four months of launch. Trackers printed a January 2026 or Q1 2026 handover; the developer reports completion in March 2026 and the start of handovers in June 2026 - a delay of a few months, short by Dubai standards. One delivered building is a thin record, but it is a delivered one, and a resale buyer is no longer exposed to build risk.

For Indian buyers

Ownership. Jumeirah Garden City is a freehold zone for foreign buyers. On a ready resale the DLD transfers the title deed to you at the registration trustee on the day you pay. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 44,000 on a AED 1.1 M studio.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The studio with fees is about AED 1.15 M, roughly USD 313,000: above one person's allowance and well inside a couple's USD 500,000. Because a resale has no plan, the money must be in Dubai by the transfer date. TCS of 20% on remittances above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. A studio or one-bedroom in Koro One does not qualify; a two-bedroom near AED 2.3 M or the duplex should, on the title deed value.

Rent and tax. One studio is listed at AED 95,000 a year, and recent gross yields in the building have been near 4%, with one broker quoting up to 6.51%. Holiday-home letting needs a Dubai holiday-home permit and the building's consent. The UAE levies no tax on the rent; an Indian tax resident declares it in India, with the 30% standard deduction, and reports the flat as a foreign asset.

Pros

• Complete and handed over: no off-plan or delay risk
• Freehold in Jumeirah Garden City, a short drive from Downtown, City Walk and the Jumeirah coast
• The cheapest way into the building is a studio near AED 1.1 M, below most Garden City launches
• A full amenity set for a 144-home building: rooftop pools, gym, yoga studio, sauna and co-working lounges
• Real sale records exist, so price can be checked against DLD transactions rather than brochures

Cons

• The developer's release is sold out: every unit now comes at a resale premium over the AED 945,000 launch studio
• Studios of about 426 - 430 sq ft work out near AED 2,560 per sq ft, a full price for the area
• No service-charge figure is published; Garden City's newer buildings run about AED 26 - 32 per sq ft a year
• A first-time brand with one delivered building; resale depth is still thin
• Garden City is a construction zone: more towers are rising around it for years

Who this is for

• Investors who want a ready, rentable studio in central Dubai now rather than in 2028
• Single professionals or couples who will live in a studio or one-bedroom
• Indian buyers whose budget fits inside one person's LRS limit with fees

Who should look elsewhere

• Buyers who want a developer payment plan - this is a cash or mortgage purchase
• Golden Visa seekers on a studio budget: the AED 2 M threshold needs a two-bedroom
• Families wanting quiet streets; Garden City will have building sites around it for years
• Anyone not willing to check the unit's snagging and service-charge account before paying

Our verdict

Koro One is the rare Garden City building you can inspect before you buy: it was completed in March 2026 and handovers started in June. That changes the question from developer risk to price. The source listing's AED 1.1 M studio is about AED 155,000 above what launch buyers paid, and works out near AED 2,560 per sq ft on a 430 sq ft plan. Recorded sales show the market has paid that and more, so it is not out of line, but there is no plan to spread it. A studio renting near AED 95,000 a year is the bull case; service charges in Garden City's newer buildings are the drag. Against Arista One nearby, Koro One is the cheaper way in, because it sells studios and Arista One does not.

A sensible buy for an investor who wants a ready studio in central Dubai and can pay in full or with a mortgage. Pay close to AED 1.1 M, not the AED 1.3 M top of the asking range, check the unit's snagging and service-charge account, and confirm the price against recent DLD sales. For a payment plan or a Golden Visa on a small budget, look elsewhere.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Koro One today?

The source listing and Property Finder both start Koro One at AED 1.1 M (about Rs 2.83 crore), which is a resale studio. Resale studio asks run about AED 950,000 to 1.3 M, and recorded sales include a 430 sq ft studio at AED 1,103,688, a 1,110 sq ft two-bedroom at AED 2,347,549 and a 2,478 sq ft duplex at AED 4,957,315. The DLD transaction record settles what a given unit is worth.

Who is the Koro One developer?

KORO Real Estate Development, the brand ALTA Real Estate Development created for this building - which is why searches pair it as Koro One by ALTA. ALTA was founded in 2020, is led by Abdulla Al Tayer and is best known for Mr. C Residences Jumeirah.

Is Koro One ready to move into?

Yes. The developer completed Koro One in March 2026 and began handing over homes in June 2026. The off-plan stage is over, so what you buy now is a finished unit with a title deed.

Is there still a Koro One escrow account?

The project was sold off-plan through a DLD-approved escrow account, which is how the launch buyers' money was held. The account number is not published by the sources checked. With the building complete, a buyer today pays the seller at the registration trustee against a title deed transfer, not into escrow; check the deed and the developer's no-objection certificate.

What sizes are on the Koro One floor plan?

Studios start at about 426 sq ft, recorded sales show one-bedrooms near 863 sq ft and two-bedrooms near 1,110 sq ft, and the three-bedroom duplex is about 2,478 sq ft. Ask the seller for the unit's own floor plan and the title deed area, which is the suite area that counts.

What rent does a Koro One studio earn?

One listing asks AED 95,000 a year for a 429 sq ft studio. Recent gross yields have been near 4%, and a broker quotes up to 6.51%. On AED 1.1 M, AED 50,000 to 70,000 a year is a sober range before service charges.

What do Koro One reviews say?

There are no independent resident reviews of note yet, because homes were only handed over from June 2026. What is on record: the developer says the release sold out within four months, and the building finished a few months after its first January 2026 date. Visit the unit and the amenity floors before you judge it.

Does Koro One qualify for the UAE Golden Visa?

Only at AED 2 M or more of property value. Studios and one-bedrooms fall short; a two-bedroom at about AED 2.3 M, or the duplex, should clear the threshold on the title deed value.

Compare with other Dubai projects

Also in Jumeirah Garden City: Evergr1n House 2 (from AED 992 K, off-plan) and Stamn Yuni (from AED 1.42 M, handover 2027).

A similar budget elsewhere in Dubai: Danube Oceanz (from AED 1.1 M, handover 2027), Emaar Green Square (from AED 1,100,000, ready) and Hartland Heights (from AED 1.1 M, off-plan).

Read next: Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.