Naya Phase 2 by Nakheel: Apartments in the Heart of District One
Naya Phase 2 is an apartment development by Nakheel in District One, one of Mohammed Bin Rashid City's most established residential communities. This is the second phase of the Naya cluster within District One, and it sits within a master-planned environment that has been taking shape for several years.
District One and What the Address Means
District One is a gated community roughly a 10-minute drive from Downtown Dubai. The MBR City address means you are inside one of Dubai's newer master plans, with the Meydan racecourse nearby and relatively quick access to Business Bay and the Sheikh Zayed Road corridor. It is not a central urban neighbourhood. It is a low-density, landscaped residential area, which is exactly the point. Buyers here are typically choosing quiet over connectivity, though the distance to Downtown is manageable.
The location sits closer to Al Khail Road than to Sheikh Mohammed Bin Zayed Road, which makes the commute to Dubai International Airport reasonable but the commute to Jebel Ali or Dubai Marina longer. If your daily movement is toward the east and centre of the city, the address works well.
What AED 1.7M to AED 7.6M Gets You
The price range is wide, and that reflects genuine unit variety. One-bedroom apartments start at AED 1.7 million. Two-bedroom units start at AED 2.7 million. Three-bedroom apartments start at AED 4.5 million. The top of the range, AED 7.6 million, represents four-bedroom units.
The one-bedroom units vary in size between roughly 708 and 1,066 sq ft, making the AED 1.7M entry point an access price that spans a real range of layouts. Two-bedroom units similarly span 1,242 to 1,978 sq ft. The four-bedroom unit on record is approximately 2,965 sq ft.
For the end-user at the top, the four-bedroom at AED 7.6M is a large family apartment in a gated community with full amenity access.
Amenities
| Category | Facilities |
|---|---|
| Fitness & Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor & Lifestyle | Landscaped Gardens, Children's Play Area |
| Food & Beverage | Restaurants |
| Security | CCTV Security |
Most projects in this segment offer outdoor pools only. An indoor pool extends usability through Dubai's summer months. The presence of on-site restaurants means residents have a dining option without leaving the development. The amenity set overall points to a project aimed at families and professionals who want a self-contained daily environment.
Getting In for 20%: How the Payment Plans Work
Two payment structures are available:
Option 1
| Milestone | Payment |
|---|---|
| Down payment | 20% |
| During construction | 45% |
| On handover | 35% |
Option 2
| Milestone | Payment |
|---|---|
| Down payment | 20% |
| During construction | 60% |
| On handover | 20% |
Both options require a 20% down payment. Option 1 front-loads less during construction and requires a larger payment at handover, which suits buyers who expect liquidity to be tighter mid-build but stronger by 2028. Option 2 spreads more cost through the construction period and eases the handover requirement to 20%, which works better if you want a lower lump sum due on completion.
Neither plan includes a post-handover payment structure, so the full purchase price is settled by the time keys are handed over.
July 2028: What the Timeline Means for Off-Plan Buyers
Construction started in September 2024. The expected completion is July 2028, giving approximately four years from groundbreak to handover. For a buyer entering now, that is roughly two years of construction-phase payments remaining before the handover balance falls due.