Underwrite before you commit
The figures in this post are checked against Dubai Land Department records and RERA filings. Get an independent underwriting score on any project, or ask Javier on WhatsApp.
Celesto 2 pricing in 2026
Celesto 2
by Tarrad Development lists five priced units, all one-bedroom apartments, from AED 987,350 to AED 1,012,350 across floorplates of 674 to 688 sqft, per developer price-list data tracked in August 2026. All five sit under AED 2,500,000 and handover is stated as June 2028.
| Unit type | Priced units | Price range (AED) | Size range (sqft) |
|---|---|---|---|
| One-bedroom apartment | 5 | 987,350 to 1,012,350 | 674 to 688 |
| Studio | none listed | not released | not released |
| Two-bedroom and above | none listed | not released | not released |
The AED 25,000 spread from the cheapest listed unit to the most expensive is the entire price ladder. There is no studio tier beneath it and no two-bedroom tier above it in the current release, which makes this a single-product project rather than a mixed building. Buyers comparing it to a multi-tier tower are comparing two different kinds of decision.
Price per square foot: what is and is not published
Tarrad Development does not publish a price per square foot for Celesto 2. What is published is the total price and the floorplate size for each priced unit, which lets you compute the ratio yourself for the exact apartment you are offered.
Do that computation on the specific unit rather than on the band. Listed sizes span 674 to 688 sqft, a difference of 14 sqft, and listed prices span AED 25,000, so the per-square-foot figure sits inside a narrow band across the whole release. Then benchmark the result against live asking prices for comparable one-bedroom stock in Dubai Residence Complex and its neighbouring districts, using current listings rather than launch-era numbers, and against the district context in the Dubai Residence Complex apartment prices page.
Rental context in Dubai Residence Complex
There is no published area-level rent average for Dubai Residence Complex in Oliva's tracked area aggregates. Any precise rent figure quoted to you for this district should therefore be treated as a sales estimate until you have verified it independently, and no figure is printed here that cannot be sourced.
Building a rent assumption you can defend takes four steps, all of which you can complete before you reserve.
- Pull the DLD rental index for the district and the unit type. It is the official reference point, and it is what a rent dispute would ultimately be decided against. - Pull live listings for one-bedroom units of comparable size in the district, then discount asking rents towards achievable rents, because an asking rent is an opening position rather than a result. - Check the adjacent districts, particularly Liwan and the Dubai Silicon Oasis fringe, which compete for the same tenant and therefore cap what you can realistically charge. - Adjust for delivery timing. Your first tenancy begins after a June 2028 handover, so the stock delivering into the district between now and then is what sets the market you will let into, not today's balance of supply.
One constraint applies to everyone here, not only to advisors: rents achieved on individual units are not public property-level data. Anyone quoting a precise achieved rent for a specific comparable apartment should be asked exactly where that number came from.
Service charges: how they are set and verified
No service charge figure has been published for Celesto 2. That is normal at this stage of an off-plan project, and it is also a line you cannot leave blank in your model, because service charges are the largest recurring deduction between gross rent and what actually reaches you.
Service charges in Dubai are set through RERA-approved budgets submitted by the owners association or the appointed management company, and they are levied per square foot of the unit. Before handover, ask the developer for the budgeted basis and the amenity schedule that drives it: pools, gyms, extensive landscaping, podium parking and district cooling all push the figure upwards, and a small one-bedroom carries its share of the whole building's amenity load.
After handover, request the approved budget each year along with the previous years' history. A pattern of special assessments is the clearest available signal of capital expenditure risk in a building, and it will never appear in a sales brochure.
The cost stack between gross rent and net
Gross yield, meaning annual rent divided by purchase price, is the number quoted in every brochure. It is not the number that reaches your account. The deductions on a Dubai apartment are consistent enough to list, even where the amounts are specific to your unit and are yours to fill in.
- Service charge, levied per square foot per year and set by RERA-approved budget. - Property management fee, a percentage of annual rent if you are not managing the letting yourself. - Municipality housing fee, where the tenancy contract makes it a landlord cost. - A vacancy provision for void periods between tenancies, which on small units turn over more often. - The DLD transfer fee of 4 percent of purchase price, amortised across your intended holding period. - Maintenance and periodic refurbishment, which on a one-bedroom apartment is dominated by white goods and finishes.
Run those deductions with your own figures for the specific unit. A rental figure calculated before this stack and one calculated after it are different numbers, and only the second is decision-grade. The acquisition side of the same model is set out in Celesto 2 payment plan and buying costs.
What area averages can and cannot tell you
Area averages are useful for exactly one thing: telling you whether the price you are being quoted sits in the right postcode of reality. They are not an underwriting tool for a specific apartment, because an average spans a mix of buildings, ages, specifications and unit sizes that has nothing to do with the unit in front of you.
There are also hard limits on what can lawfully be published at unit level. Per-unit transaction history, per-unit resale history and per-unit price-trajectory or performance projections are property-level data that DLD restricts, and nobody should be sending those to you in a sales pack. Project-level and area-level aggregates over many transactions are the legitimate reference points, and a defensible valuation is built from those plus comparables you have verified yourself.
Which puts the work back on the buyer or the buyer's advisor: comparable-based valuation, an explicit and sourced rent assumption, the full cost stack, and a documented view on delivery risk to June 2028. The area case behind all of it is in the Dubai Residence Complex investor area guide.
Get the verdict
The pricing side of Celesto 2 is documented: AED 987,350 to AED 1,012,350 across five one-bedroom units of 674 to 688 sqft, all under AED 2,500,000, handover June 2028. The income side is not, and no honest advisor will hand you a district rent figure that cannot be sourced. That gap is the work.
Oliva is a buyer-side RERA brokerage, BRN 1573501, DLD office card 92025. On off-plan the developer pays the commission and the buyer pays nothing for representation; a 2% + 5% VAT buyer fee applies only to resale and secondary purchases. Get the free underwriting report on the specific unit at the free underwriting report, read the alternatives in Celesto 2 versus Ivy Gardens, and browse the rest of the district at projects in Dubai Residence Complex.
Frequently Asked Questions
How much does a one-bedroom at Celesto 2 cost?
Per developer price-list data tracked in August 2026, the five priced one-bedroom units run from AED 987,350 to AED 1,012,350, with floorplates of 674 to 688 sqft. All five sit under AED 2,500,000 and the entire band spans AED 25,000.
What is the price per square foot at Celesto 2?
The developer does not publish a price per square foot. Total price and floorplate size are published per unit, so compute the ratio on the exact apartment you are offered and benchmark it against current asking prices for comparable one-bedroom stock nearby.
What are rents like in Dubai Residence Complex?
No area-level rent average is published for the district in Oliva's tracked aggregates, so no figure is quoted here. Build your own view from the DLD rental index for the district and unit type, live listings for comparable one-bedrooms, and the competing supply in Liwan and the Dubai Silicon Oasis fringe.
What are the service charges at Celesto 2?
No figure has been published. Service charges in Dubai are set through RERA-approved budgets and levied per square foot. Ask the developer for the budgeted basis and the amenity schedule driving it, and request the approved budget and any special assessment history each year after handover.
When does Celesto 2 hand over?
Handover is stated as June 2028, which is Q2 2028. That matters for the income side as well as the payment side: your first tenancy starts after that date, so the supply delivering into the district between now and then is what will set the letting market you enter.
Can Oliva tell me what a specific unit will rent for?
Oliva can build a sourced rent assumption from the DLD rental index, comparable current listings and the competing supply, and can state the confidence attached to it. What no one may lawfully provide is per-unit transaction or resale history, because DLD restricts property-level data. The free underwriting report sets out the assumption, the cost stack and a buy or do-not-buy verdict.
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