MYKA Residence, Dubai Production City
MYKA Residence is a seven-storey freehold apartment building in Dubai Production City (Me’aisem First, IMPZ), developed by Myka Luxe Real Estate Development and now complete. The building holds studio, one-bedroom and two-bedroom apartments, sits close to Sheikh Mohammed Bin Zayed Road, and is a short drive from Dubai Marina and Jumeirah Golf Estates. This guide covers the unit types, amenities, pricing, location and Airbnb income potential at MYKA Residence specifically, not the developer’s separate MYKA Suites project nearby.
Developer
Myka Luxe Real Estate Development
Storeys
7 (mid-rise, complete)
Unit mix
Studio, 1-bed and 2-bed apartments
Area
Dubai Production City (Me'aisem First / IMPZ)
About MYKA Residence
MYKA Residence is a seven-storey, mid-rise freehold apartment building in Dubai Production City, developed by Myka Luxe Real Estate Development. Construction began in June 2021 and the building is now complete and ready to move into.
The building holds studio, one-bedroom and two-bedroom apartments. Myka Luxe Real Estate Development is registered with the Dubai Land Department as Developer No. 1425 (as of April 2022) and its portfolio also includes MYKA Suites, a separate, still under-development project by the same developer nearby. This guide covers MYKA Residence specifically; it should not be confused with MYKA Suites, which is a different building at a different stage of construction.
Location & Nearby Landmarks
MYKA Residence sits in Dubai Production City (Me’aisem First), formerly known as the International Media Production Zone (IMPZ), a mixed use free zone community within the wider DubaiLand area. Dubai Miracle Garden is roughly 6 km away, and Jumeirah Golf Estates, home to two 18 hole golf courses, is about 1.4 km away.
Two other Royale Stays Building Guides sit within about 0.9 km of MYKA Residence, both named as neighbouring buildings in independent portal data: Lago Vista and The Crescent Tower C.
Nearby-building proximity (Lago Vista, The Crescent) sourced from a building data portal's own nearby shops and outlets listing for MYKA Residence, which names pharmacies and laundrettes based in both buildings within 0.9 km. Not independently distance-verified by this brief; builder to live-verify via the batch lateral ledger before any reciprocal edit.
Unit Types at MYKA Residence
MYKA Residence offers three unit types: studios, one-bedroom and two-bedroom apartments. Recent recorded one-bedroom sales range from around 892 to 962 sq ft, and a recorded two-bedroom sale measured around 1,166 sq ft, based on Dubai Land Department transaction data for the building.
A total unit count for the building is not published by any source available for this guide, so no specific figure is given here. Prospective buyers or renters should check current live listings for exact unit availability.
Amenities at MYKA Residence
Building amenities include a grand entrance lobby, a rooftop swimming pool, landscaped gazebos, an equipped gymnasium, a barbecue deck and a multi-purpose hall.
Every recorded unit sale in the building includes covered parking. The surrounding block also has a range of walkable convenience amenities within a few hundred metres, including mini marts, restaurants, salons and pharmacies.
Transportation & Access
From MYKA Residence it takes roughly 20 minutes to drive to Palm Jumeirah, 21 minutes to Burj Al Arab, 23 minutes to The Walk JBR, and 26 minutes to Dubai Mall. Dubai International Airport is roughly 32 minutes away by car, and Al Maktoum International Airport is roughly 31 minutes away.
There is no Dubai Metro line running directly through Dubai Production City, so residents and guests generally rely on a car, taxi or rideshare rather than the Metro network to get around.
Price Guide: MYKA Residence
Recent Dubai Land Department transaction records show one-bedroom apartments at MYKA Residence selling between roughly AED 991,000 and AED 1,200,000. The most recent recorded sales, in August and July 2026, were both AED 1,200,000 for a 956 sq ft unit, around AED 1,256 per sq ft.
A recorded two-bedroom sale reached AED 1,565,000 for a 1,166 sq ft unit. When the building was first sold off-plan, studio units launched from around AED 500,000, a historical launch price rather than a current resale figure. Prospective buyers should check current live listings for an up to date figure rather than relying on any fixed number in this guide.
Pricing sourced from Dubai Land Department transaction records published via a property data portal's Open Data feed, cross checked against the content build queue's own cited AED 1,200,000 figure, which matches the most recent recorded transactions exactly. One anomalously low studio transaction record (well below the per square foot rate of every comparable unit in the building) was excluded as unrepresentative, likely a related party or partial interest transfer rather than a market sale.
Airbnb & Short-Term Rental Income Potential
MYKA Residence sits in a freehold area of Dubai Production City, and Myka Luxe Real Estate Development carries no operator level restriction on short term letting, unlike a small number of hotel branded buildings elsewhere in the city. Short term letting is already active at the building: a listing search shows at least one established Dubai holiday home operator with a live listing at MYKA Residence, confirming real world short term rental precedent here.
The compact studio and one-bedroom unit mix, combined with an entry price well below newer freehold towers in Dubai Marina or Downtown Dubai, is the main appeal for an investor weighing this building against a short-term rental strategy. The lack of a nearby Metro station is a genuine drawback for guests without a car, and should be weighed against the lower purchase price.
Royale Stays’ Dubai Airbnb property management service focuses on freehold towers in Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay, and does not currently manage a property at MYKA Residence.
No short-term-rental earnings figures are implied or estimated for MYKA Residence in this guide; Royale Stays has no managed listing history at this specific building. The mention of an existing third party operator's listing is sourced from a live search-engine result and is not a Royale Stays affiliation.
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