Mr. Eight Development: an off-plan villa on an island still being made
A developer building villas on the Dubai Islands. A house bought off-plan on new land combines two kinds of waiting, and they resolve on different timetables.
Interstellar Tower
JVT District 2 · Mr. Eight Development
Project factsheet
Storeys 29
Units in the building 237
Developer Mr. Eight Development
Status Under development
District JVT District 2
Layouts 1, 2 and 3 bedrooms
Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.
Developer prices
The developer's last quote in our materials is dated 16 December 2025, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.
- Developer
- Mr. Eight Development
Figures come from the developer's own materials sent to brokers, dated 16 December 2025. The commentary behind them is written up in the Russian version of this page.
About the building
29-storey residential building in JVT District 2. Developer — Mr. Eight Development. Architect — Model Engineering Consultants.
What the building has
- Gym
- Parking
- Park and landscaping
About the project
Interstellar Tower is a 29-storey residential building in JVT District 2, currently under construction.
The developer is Mr. Eight Development. The architecture is by Model Engineering Consultants.
The building holds 237 apartments in total. Layouts, according to the developer's brochure — 1, 2 and 3 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
A 29-storey Mr. Eight Development tower with 237 apartments in JVT District 2, under construction — tall by the standards of low-rise JVT.
What it is
Interstellar Tower is a 29-storey residential tower with 237 apartments in JVT District 2. Developer: Mr. Eight Development; design by Model Engineering Consultants. Under construction; no handover date in our file.
Layouts: one, two and three bedrooms. The passport lists a gym, parking and landscaping. Some units are marketed by the developer as Garden Homes — lower-level apartments opening onto a garden.
The availability list of 16 December 2025 had 107 apartments free, three quarters of them one-bedrooms. That quote is more than six months old, so we don't show prices.
A tower in townhouse country
JVT is part of the same Nakheel programme as JVC but with a different mix: more townhouses and villas, apartments mostly in low blocks, and more families staying for the long term. Twenty-nine storeys is the exception here.
Our database has 46 lots in JVT, median AED 1.3 million, AED 1,631/ft²; of the 43 with a known status, 32 are ready.
An inventory that's three-quarters one-bedrooms is an investor's buy-to-let product. It will compete with the district's townhouses, which, as we say about JVT, cost about as much as an apartment in the centre.
Launch and concept
In autumn 2024 apartments were offered from about AED 1.5 million (around $410,000), with handover scheduled for Q1 2027.
Every unit comes with built-in furniture, wardrobes and German kitchen appliances, and the building is pet-friendly. Shared spaces include a 360-degree terrace on the 12th floor for yoga and meditation, a rooftop garden, a lounge area and an open-air cinema.
Mr. Eight Development has worked in Europe for more than twelve years, with completed buildings in Riga and Jurmala, and commissions signature scents for its projects together with perfumers.
Propsearch passport: 29 storeys, 237 apartments, developer Mr. Eight Development, design by Model Engineering Consultants, status under construction, gym, parking, landscaping; 1–3 bedroom layouts. Availability list of 16 December 2025: 107 free apartments. Our stock as of 21 September 2026: no lots in this project; JVT — 46 lots, median and price per square foot. Launch price, handover date, fit-out, amenities and developer background — sales announcements, October 2024.
Registered sales in the building
Since the start of 2026 (to 10 November) the Dubai Land Department has registered 257 sales in Interstellar Tower, at a median price of AED 1 285 000 (AED 1 712 per sq ft).
| Year | Sales | Median price | AED/sqft | Total value |
|---|---|---|---|---|
| 2026, to 10 November | 257 | AED 1 285 000 | 1 712 | AED 424.5m |
Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 100%.
| Type | Annual rent | Contracts | Gross yield |
|---|---|---|---|
| Studios | AED 45 000 | 909 | 7.8% |
| 1-bedroom | AED 69 477 | 1 287 | 7.2% |
| 2-bedroom | AED 85 000 | 454 | 5.3% |
| 3-bedroom | AED 180 000 | 80 | 6.9% |
| 4-bedroom | AED 230 000 | 21 | — |
Median Ejari contract (November 2025 — October 2026) across the whole community rather than this building: rents are not published building by building. Gross yield — before service charges, vacancy and fees.
Between January 2026 and October 2026 the median price per sq ft moved from AED 1 755 to AED 1 456 (−17%).
Monthly median of registered sales, ready and off-plan together; months with fewer than five sales are left out.
| Date | Unit | Status | Size, sq ft | Price | AED/sqft |
|---|---|---|---|---|---|
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 881 | AED 1 345 000 | 1 526 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 674 | AED 990 720 | 1 470 |
| 28/10/2026 | Apartment, 1-bedroom | off-plan | 881 | AED 1 215 000 | 1 378 |
| 28/10/2026 | Apartment, 1-bedroom | off-plan | 765 | AED 900 000 | 1 176 |
| 12/10/2026 | Apartment, 1-bedroom | off-plan | 853 | AED 1 242 000 | 1 456 |
| 12/10/2026 | Apartment, 1-bedroom | off-plan | 685 | AED 1 070 000 | 1 563 |
| 12/10/2026 | Office | off-plan | 1 968 | AED 4 709 000 | — |
| 12/10/2026 | Office | off-plan | 1 968 | AED 4 709 000 | — |
| 05/10/2026 | Apartment, 1-bedroom | off-plan | 765 | AED 1 096 300 | 1 432 |
| 05/10/2026 | Apartment, 1-bedroom | off-plan | 723 | AED 1 027 900 | 1 423 |
| 02/10/2026 | Apartment, 1-bedroom | off-plan | 765 | AED 1 126 170 | 1 472 |
| 30/09/2026 | Apartment, 1-bedroom | off-plan | 881 | AED 1 471 000 | 1 669 |
Buyer, seller and unit number are not part of the Land Department open data.
Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.
What the complex has
Gym
Parking
Park and landscaping
Where it is
Nothing in the stock for this project right now
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in JVT District 2.
Ask about this projectFrequently asked about Interstellar Tower
Who is the developer of Interstellar Tower?
Mr. Eight Development. The architecture is by Model Engineering Consultants.
How many floors does Interstellar Tower have?
29. The building has 237 apartments.
When is Interstellar Tower handed over?
Interstellar Tower is still being built. The handover date of a given unit I verify against its contract before the deal.
What layouts are there in Interstellar Tower?
1-bedroom, 2-bedroom and 3-bedroom, according to the developer's brochure. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Interstellar Tower?
JVT. The same idea as JVC, two storeys lower and considerably calmer: a grid of quiet streets where a townhouse costs what an apartment costs closer in.
How much does an apartment in Interstellar Tower cost?
There are no open listings for this building in the database right now. I will check the price for a particular layout against the closed databases and send it with the deal costs worked out.
What is on site at Interstellar Tower?
Gym, Parking, Park and landscaping. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and JVT District 2
Services
All services →Related services
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram