Mira Villas Meydan District 11 Dubai

Mira Villas is a gated set of 36 lagoon-front homes in Meydan District 11, Mohammed Bin Rashid City — 27 five-bedroom villas of about 7,212 sq ft and 9 five-bedroom mansions of about 15,000 sq ft over four levels. Every home is delivered move-in ready and fully furnished by Bentley Home. Villas start at AED 27,210,000 (about Rs 70.07 crore) and mansions at AED 47,700,000. Handover is Q4 2026.

Two parties, two jobs: Mira Developments builds, through its own contractor M1 Construction; Bentley Home supplies the interior design and the furniture and licenses the name. What should hold your attention is not the price but the calendar — one developer-data source reading DLD records puts the build at 32% complete against that Q4 2026 handover.

At a glance

Price and unit pricing

Two figures are in circulation and they are not the same thing. AED 27.21 million is the developer's own entry price for a villa, repeated across the project's material and the broker pages carrying the price list. AED 20.5 million is the lowest portal ask in the same community. A portal ask a quarter below the launch price is a resale market pricing itself under the primary market — useful information, not a bargain, since the listing may be a different plot, view or a seller in a hurry. Ask Mira for the current price list and compare it against the live asks.

On rate: the villa at about AED 3,773 per sq ft sits roughly 82% above the district median of AED 2,076. That gap buys furnished interiors, lagoon frontage and a 36-home community — real value if you want those things, but not recoverable on rent, which is why this is a home and not an investment. The mansions are the better-priced half: twice the size at a lower rate per sq ft.

Payment plan and total cost

Two versions are quoted. One is a flat 50/50, half on booking and half at handover. The other is 20% on booking, three instalments of 10% during construction, then 50% at handover. Both put 50% in before the keys, so the difference is timing rather than total. Worked on the AED 27.21 million entry villa under the second:

With handover in Q4 2026 the whole schedule compresses into months, not years — a point in the project's favour if the build is where the developer says it is, and a serious question if it is not: under the flat 50/50 you would be putting AED 13.6 million down today against a house reported a third built.

No service charge is published. A 36-home lagoon community carries a community charge, and a furnished 7,212 sq ft house its own maintenance on top; ask for the budgeted rate per sq ft a year in writing. The UAE charges no annual property tax and a residential sale does not attract VAT, so the AED 1,088,400 DLD transfer fee is the main government cost.

Location and connectivity

Meydan District 11 sits inside Mohammed Bin Rashid City, between Al Khail Road (E44) and Dubai-Al Ain Road (E66), with its own crystal lagoon at the centre — every home here faces it. Downtown Dubai and Burj Khalifa are about 15 minutes by car, DXB about 20. Meydan Racecourse is a few minutes north, and District One, the emirate's best-known lagoon villa district, is the neighbour.

There is no Dubai Metro station in Meydan District 11, which matters little at this price point but does shape who rents in the district if you ever let the house.

For the other District 11 villa scheme in this set at a quarter of the price, see Knightsbridge by Leos; for an apartment in the same district, see Samana Rome. See all Dubai projects we track and the projects list.

Amenities and specifications

The specification is the product here. Every home arrives move-in ready and fully furnished by Bentley Home in one of three schemes — Traditional, Formal or Contemporary. The project's own material names Gaggenau appliances and Frette, Lalique, Christofle and Bernardaud among the furnishings. Those are the project's claims, not independently verified, so have the full schedule attached to the SPA as an annexure.

The villas of about 7,212 sq ft carry four bedrooms on the first floor, a guest bedroom on the ground floor, private terraces and lagoon-facing outdoor areas; the mansions run over four levels at about 15,000 sq ft. Mira quotes a five-year maintenance warranty, longer than the usual one-year defects period and worth having in writing. One source states that buying a mansion comes with a limited-edition Bentley car — the project's own offer as reported, so confirm it in the SPA, because an inducement that is not in the contract is not an inducement. Final specification as per the SPA.

About the developer

Mira Developments is a private Dubai developer registered in 2023, with the group active in UAE property since 2017. Its distinguishing feature is that it builds through its own contractor, M1 Construction — vertical integration is rare at this size and puts the programme, the materials and the finish under one roof rather than with a third party.

Its published Dubai portfolio is small: Mira Villas here and Trussardi Residences in Al Furjan, with a wider footprint of about three projects and five buildings across Discovery Gardens and Al Furjan. The company states that all its residential developments have been delivered on time and backs its work with a five-year maintenance warranty.

The honest caveat is scale. A developer registered in 2023 with a handful of buildings is not the covenant a twenty-year name is, and you are writing a very large cheque against it. That is why the escrow account and the DLD construction-progress figure matter more here than the brochure.

For Indian buyers

Freehold, any nationality. Mohammed Bin Rashid City is a designated freehold area, so the title deed is issued by the Dubai Land Department in your own name, with no local partner and no residence requirement. On AED 27.21 million the 4% DLD transfer fee is AED 1,088,400, and trustee, registration and agency charges take the all-in cost to about 6% over the price.

The remittance maths does not work from India. AED 27.21 million is about USD 7.41 million, and the Liberalised Remittance Scheme allows USD 250,000 per person per financial year — about thirty annual allowances for one person, fifteen years for a couple. Even the 20% booking amount is about USD 1.48 million. This price point is bought with money already outside India, by non-residents, or against a UAE mortgage, which banks write to a non-resident at roughly half the value, in dirhams.

Golden Visa. The AED 2 million property threshold is cleared more than thirteen times over. Apply through the DLD once the Oqood registration or the title deed is in your name.

Tax, yield and exit. The UAE charges no annual property tax and takes no tax on rent; an Indian tax resident still declares the rent and any gain in India, with treaty credit for tax paid abroad. Mohammed Bin Rashid City apartments run about 5.5% to 7.2% gross, and a furnished villa at AED 3,773 per sq ft sits far below that, because rent does not scale with size the way price does. On exit, portal asks near AED 20.5 million — under the developer's own entry — are the honest signal: buy this to live in, hold it, and do not model a quick resale.

Pros

• Only 36 homes, all lagoon-front, in a gated pocket of District 11 — scarcity, not a phase of a masterplan
• Delivered move-in ready and furnished by Bentley Home, so no fit-out cost or delay after handover
• Mira builds through its own contractor, M1 Construction, and offers a five-year maintenance warranty
• The mansions at about AED 3,180 per sq ft are cheaper per square foot than the villas despite being twice the size
• Handover is Q4 2026 — months, not years, which is short for off-plan at this price
• Every configuration clears the AED 2 M Golden Visa threshold more than thirteen times over

Cons

• One source puts construction at 32% complete against a Q4 2026 handover; those two numbers cannot both be right
• At about AED 3,773 per sq ft the villa is roughly 82% above the district median of AED 2,076
• Portal asks from about AED 20.5 M sit below the developer's AED 27.21 M entry
• Mira Developments was registered in 2023 with a small published Dubai portfolio
• AED 27.21 M is about USD 7.41 M, roughly thirty annual LRS allowances, so funding from India is not practical
• No source prints the DLD project number, the escrow bank or the service charge
• Bentley Home licenses the interiors and the name; it does not build or guarantee the house

Who this is for

• Buyers with funds already outside India who want a finished, furnished 7,212 sq ft lagoon-front home
• Buyers who want a near-term handover and will verify the construction percentage first
• Golden Visa applicants who want one asset rather than a portfolio
• Buyers who value a developer building through its own contractor, with a five-year warranty

Who should look elsewhere

• Anyone funding from India under the LRS — AED 27.21 M is about thirty annual allowances
• Yield investors: AED 3,773 per sq ft will not produce a Meydan apartment's return
• Buyers who need a long delivery record from the developer before committing at this price
• Anyone who cannot get today's DLD progress figure and the SPA completion date in writing

Our verdict

Mira Villas is the most complete product in this set and the one with the most to verify. Thirty-six lagoon-front homes, furnished and finished, built by the developer's own contractor with a five-year warranty, is a coherent offer, and the mansions are the better-priced half. Two numbers should slow you down: a rate about 82% above the district median, not recoverable on rent, and a Q4 2026 handover against a build reported at 32% complete. The DLD construction-progress figure on the Dubai REST app settles the second in a minute. That figure, the escrow account and the furnishing schedule as an SPA annexure are the due-diligence list here.

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 Mira Villas?

Five-bedroom villas start at AED 27,210,000 (about Rs 70.07 crore) and five-bedroom mansions at AED 47,700,000 (about Rs 122.83 crore). On the 7,212 sq ft villa that is about AED 3,773 per sq ft. Portal listings carry asks from about AED 20.5 M, below the developer's entry, so check whether a quoted figure is a developer price or a resale ask.

Who designs it and who builds it?

Mira Developments is the developer and builds through its own contractor, M1 Construction. Bentley Home provides the interior design and furnishes every home in one of three styles. Bentley Home licenses the name and the interiors; it does not build the houses or warrant them.

What is the payment plan?

A flat 50/50 on one set of sources, and 20% on booking plus three instalments of 10% during construction and 50% at handover on another. Both put 50% in before handover. On AED 27.21 M the second version is AED 5,442,000 down, AED 8,163,000 during the build and AED 13,605,000 at handover, plus a 4% DLD transfer fee of AED 1,088,400.

When is the handover?

Q4 2026, printed as December 2026. One developer-data source reading DLD records puts construction at 32% complete, which does not fit a handover in the same quarter. Ask for today's DLD construction-progress percentage and the completion date written into the SPA before you pay anything.

How big are the homes?

Five-bedroom villas are about 7,212 sq ft (670 sq m), with four bedrooms upstairs, a guest bedroom on the ground floor and lagoon-facing terraces. Five-bedroom mansions are about 15,000 sq ft over four levels. There are 27 villas and 9 mansions.

What is included in the price?

Homes arrive move-in ready and furnished by Bentley Home in a Traditional, Formal or Contemporary scheme. The project's material names Gaggenau appliances and Frette, Lalique, Christofle and Bernardaud, and states that a mansion purchase includes a limited-edition Bentley car. Get all of it written into the SPA as an annexure.

Is it registered with the DLD?

It is sold off-plan, which in Dubai requires DLD registration and a DLD-approved escrow account, but none of the sources checked prints the project number or names the escrow bank. Check the Dubai REST app, which also carries the construction-progress figure you need here.

Does it qualify for the Golden Visa?

Comfortably. The AED 2 M property threshold is cleared more than thirteen times over by the entry villa. Apply through the DLD once the Oqood registration or the title deed is in your name.

Can an Indian buyer remit this amount?

Not from India in any practical timeframe. AED 27.21 M is about USD 7.41 M, and the Liberalised Remittance Scheme allows USD 250,000 per person per financial year — about thirty allowances. This price point is bought with funds already held outside India, by non-residents, or with a UAE mortgage against the property.

What are the running costs?

No service charge is published. Budget a lagoon-community rate plus your own maintenance on a 7,212 sq ft furnished home. The one-off 4% DLD transfer fee is AED 1,088,400. The UAE charges no annual property tax and a residential sale does not attract VAT.

For the price list, today's construction-progress figure and a viewing at District 11, talk to Realty Hunting.

Compare with other Dubai projects

Also in Meydan: Arista Wadi Villas (from AED 13.5 M, handover 2026), Knightsbridge (from AED 7.9 M, handover 2027), Mansory Residences (from AED 2.1 M, handover 2028) and Samana Rome (from AED 2.1 M, handover 2028).

A similar budget elsewhere in Dubai: Lamborghini Mansions (from AED 27.6 M, off-plan), Nineteen Riviera Lagoon (from AED 24.5 M, handover 2027) and District One Mansions (from AED 34.5 M, ready).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Villas and Townhouses for Sale in Dubai: Prices and Returns. Every Dubai project we track is listed on the Dubai section.