Mohammed Bin Rashid City, Dubai

Naya Phase 2 by Nakheel

Naya Phase 2 is a residential apartment project by Nakheel in Mohammed Bin Rashid City, Dubai.

Starting price$462,900≈ AED 1,700,000

From 66 m²
Up to 4 bedrooms
Completion 2028
20% down payment

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Property type: Apartments · Off-plan
Starting price: $462,900
Bedrooms: Up to 4
Minimum area: From 66 m²
Location: Mohammed Bin Rashid City, Dubai
Developer: Nakheel
Completion: 2028
Down payment: 20%

Investment

How much Naya Phase 2 earns while you are away

Dubai has no tax on rental income. Choose a unit and a rental scenario — we show net income by month after service charges and management costs.

Apartments

About This Property

Naya Phase 2 is a residential apartment project by Nakheel in Mohammed Bin Rashid City, Dubai.

The project is under construction, with handover planned for 2028. Property types: apartments.

Listed prices start from AED 1,700,000 (about $462,900). Units are currently on sale.

Contact Empire City for the current price list, available units, floor plans and the payment plan.

Features & Amenities

Amenities listed for this project.

Swimming pool
Fitness center and gym
Security and video surveillance
Cafes and restaurants
Children playground
Green spaces

Property Gallery

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Images are visualisations provided by the developer. The final appearance may differ.

Floor Plans

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Layout 1

Layout 2

Layout 3

Layout 4

Layout 5

Layout 6

Layout 7

Layout 8

Off-plan

Payment Plan

20%Down payment
45%During construction
35%On handover2028

Payment plan as listed for this project. Terms are set by the developer and may change — we will confirm the current schedule.

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Why Consider This Property?

Priced at market level
About AED 25,800 per m² — in line with the Meydan / MBR City median of AED 24,600.
Yield of about 4.6%
A comparable one-bedroom apartment rents for about AED 79,000 a year*.
Handover 2028
About 25 months left — you pay in instalments until then.
First payment 20%
About AED 340,000 to secure a unit at the entry price.
Nakheel
89 projects in our catalogue, 8 of them completed.
Units from 66 m²
That is about AED 25,800 per square metre at the entry price.

Figures

The project in numbers

Entry priceAED 1,700,000≈ $462,900

Price per m²AED 25,800AED 2,390 / ft²

Price positionpricier than 62%of 81 projects in Meydan / MBR City

Handover2028in about 25 months

Gross yield*4.6%one-bedroom apartment: about AED 79,000 a year

First paymentAED 340,00020% of the entry price

Price per m² compared with the market

Naya Phase 2 by NakheelAED 25,800
Meydan / MBR City, medianAED 24,600
Dubai, medianAED 19,600

Per square metre it is 5% above the Meydan / MBR City median of AED 24,600.

What the purchase really costs

Entry price	AED 1,700,000
DLD registration fee, 4%	AED 68,000
Registration and admin fees	≈ AED 4,500
Total to budget	AED 1,773,000

The Golden Visa threshold is AED 2 million: AED 300,000 short. It can be reached with a larger unit or a second property.

Estimate for the entry unit. The Dubai Land Department fee is 4% of the price; admin fees depend on the developer and the trustee office.

*Empire City estimate based on 2026 long-term rental data, including the expected recovery of rates. Not a guarantee of income.

Personal selection

Find your unit in Naya Phase 2 by Nakheel

Choose a unit type and floor plan — we'll send current prices and availability of free units.

from $462,900
Unit types: 1
20% down payment
Handover 2028

Mohammed Bin Rashid City, Dubai

Location & Community

Mohammed Bin Rashid City

Expert opinion

Is Naya Phase 2 by Nakheel worth buying

This is an early entry: 25 months to handover leave room for the price to grow during construction.

When clients ask about Naya Phase 2 by Nakheel, I compare it with the rest of Meydan / MBR City first.

The entry ticket is AED 1,700,000, about AED 25,800 per m². That puts it above 62% of the 81 projects in Meydan / MBR City on our site. Per square metre it is 5% above the Meydan / MBR City median of AED 24,600.

Long-term rent for a similar one-bedroom apartment is about AED 79,000 a year — roughly 4.6% gross. Handover is planned for 2028, about 25 months from now. The first payment of 20% is about AED 340,000, and 35% (AED 595,000) is due on handover.

Nakheel has 89 projects in our catalogue, 8 of them already completed. For the Golden Visa you would need AED 300,000 more — a larger unit closes the gap.

Book a video viewing: we will show the unit, the view and the surroundings.

Suits:

Resale before handover
Family living
Low first payment

How Naya Phase 2 by Nakheel compares with nearby projects

Project	Price from	Unit from	Handover
Naya Phase 3 by Nakheel	AED 1,373,000	66 m²	2027
Belgrove Residences by Ellington Properties	AED 1,686,000	70 m²	2027
Naya Phase 2 by Nakheel this project	AED 1,700,000	66 m²	2028
Belmore Residences by Ellington Properties	AED 1,770,000	70 m²	2027
Riviera Rêve by Azizi Developments	AED 2,620,000	73 m²	completed (2026)

All projects in Meydan / MBR City with prices and analysis →

Analysis: Amir Tulabi, Founder & CEO, Empire City · data updated November 15, 2026

About the Developer

Nakheel

Nakheel is the government-owned developer behind Palm Jumeirah, The World islands, Palm Jebel Ali and Dubai Islands, as well as established communities such as Jumeirah Islands, Jumeirah Park, Jumeirah Village, The Gardens, Discovery Gardens and International City. Explore every Nakheel project in our catalog — from new launches to completed homes.

More projects by Nakheel

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Frequently Asked Questions

Where is Naya Phase 2 by Nakheel located?

Naya Phase 2 by Nakheel is located in Mohammed Bin Rashid City, Dubai.

What unit sizes and bedrooms are available?

Units start from 66 m²; layouts with up to 4 bedrooms are listed. Ask us for the floor plans of the units currently available.

What amenities does Naya Phase 2 by Nakheel offer?

The listed amenities include swimming pool, fitness center and gym, security and video surveillance, cafes and restaurants, children playground, green spaces.

How much does Naya Phase 2 by Nakheel cost and is it expensive for Meydan / MBR City?

Prices in Naya Phase 2 by Nakheel start from AED 1,700,000. Among 81 projects in Meydan / MBR City, 62% have a lower entry price. Per square metre (AED 25,800) it is 5% above the area median.

What does buying in Naya Phase 2 by Nakheel cost on top of the price?

Budget about AED 1,773,000 in total: the price of AED 1,700,000, the 4% Dubai Land Department fee (AED 68,000) and around AED 4,500 in registration and admin fees.

What rental income can Naya Phase 2 by Nakheel generate?

Based on rents in Meydan / MBR City, a comparable one-bedroom apartment earns about AED 79,000 a year — a gross yield of around 4.6% before service charges. *Empire City estimate based on 2026 long-term rental data, including the expected recovery of rates. Not a guarantee of income.

When is Naya Phase 2 by Nakheel handed over?

Handover is scheduled for 2028 — about 25 months from today.

How much is the first payment in Naya Phase 2 by Nakheel?

The first payment is 20% — about AED 340,000 at the entry price. Then 45% is paid during construction and 35% (AED 595,000) on handover.

Does buying in Naya Phase 2 by Nakheel give a Golden Visa?

Not on its own: the entry price of AED 1,700,000 is below the AED 2 million threshold. It can be reached with a larger unit or by combining properties.

Is Nakheel a reliable developer?

Nakheel has 89 projects in the Empire City catalogue: 8 completed and 39 under construction.

What are the alternatives to Naya Phase 2 by Nakheel in Meydan / MBR City?

Comparable options in Meydan / MBR City: Belgrove Residences by Ellington Properties (AED 1,686,000), Riviera Rêve by Azizi Developments (AED 2,620,000) and Naya Phase 3 by Nakheel (AED 1,373,000). The comparison table is on this page.