Luxury Rental Apartments and Student Housing Completed on Aoba-dori in Sendai by Daiwa House Industry

Daiwa House Industry has completed construction of a large-scale mixed-use residential development in Aoba Ward, Sendai City, Miyagi Prefecture. The project comprises Royal Parks Sendai Aoba-dori and Mirai Foresta Sendai Aoba-dori, both of which were completed on January 30, 2026. This marks the first entry of the Royal Parks series into the Tohoku region, with a total of 266 units, making it the largest residential development of its kind in the region.

Royal Parks Sendai Aoba-dori is positioned as a luxury rental apartment property targeting affluent individuals, business owners, and corporate transferees. Amenities include an indoor golf range, pet terrace, coworking space, and private storage units. In contrast, Mirai Foresta Sendai Aoba-dori is a purpose-built student residence equipped with a cafeteria, shared kitchen, and study rooms, and is operated by Student Information Center. The two properties feature rent levels that differ by as much as fourfold, reflecting a development strategy designed to attract entirely different tenant segments within a single site.

roject Overview Comparison

The property is located approximately a three-minute walk from Omachi Nishi-Koen Station on the Sendai Municipal Subway Tozai Line and about 17 minutes from JR Sendai Station. Daiwa House Industry has also placed an emphasis on environmental performance, with the development obtaining a four-star BELS rating (ZEH-M Oriented) as well as a CASBEE A rank. By combining different rent levels and tenant segments within a single site, the project is seen as aiming to enhance income stability while diversifying risk.

The rental apartment market in Sendai’s Aoba Ward has generally traded in the range of JPY 9,000 to JPY 10,000 per tsubo (approx. USD — / approx. 323–359 sq. ft.) since 2021. In the second half of 2025, rents temporarily rose into the JPY 11,000 per tsubo range (approx. 395 sq. ft.), but have recently stabilized around JPY 10,000 per tsubo (approx. 359 sq. ft.), according to estie Residential Research and editorial analysis. Rents at Royal Parks Sendai Aoba-dori are viewed as exceeding surrounding market levels, underscoring its positioning as a luxury rental property.

Key Facts

• Property Name: Royal Parks Sendai Aoba-dori / Mirai Foresta Sendai Aoba-dori

• Developer: Daiwa House Industry Co., Ltd.

• Location: 2-chome Omachi, Aoba Ward, Sendai City, Miyagi Prefecture

• Nearest Station: Omachi Nishi-Koen Station (Sendai Municipal Subway Tozai Line), approx. 3-minute walk

• Completion: January 30, 2026

Royal Parks Sendai Aoba-dori (Luxury Rental Apartments)

• Number of Floors: 15F

• Number of Units: 266 units

• Monthly Rent: JPY 124,000–256,000 (including common area charges)

• Move-in Date: February 7, 2026

Mirai Foresta Sendai Aoba-dori (Student Housing)

• Number of Floors: 14F

• Number of Units: 258 rooms

• Monthly Rent: JPY 68,500–77,500 (including common area charges)

• Operator: Student Information Center Co., Ltd.

• Move-in Date: Scheduled for March 20, 2026