Dubai, UAE — Sharafi Development has launched Marea Residences, a waterfront residential project on Dubai Islands featuring one and two-bedroom apartments alongside a limited collection of penthouses with panoramic sea views.
The G+2+12 development marks the developer’s entry into Dubai’s expanding island waterfront segment, which has seen renewed investor interest following infrastructure upgrades and masterplan announcements across the Dubai Islands precinct.
Project Details and Design Philosophy
Marea Residences Dubai Islands will feature units with private terraces and interiors inspired by contemporary European design, according to the developer. The project emphasizes sustainable design principles and resort-style living within a mixed-use waterfront community.
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“Marea is the culmination of Sharafi Development’s long-standing commitment to Dubai’s growth story,” said Abdollah Albastaki, Head of Sharafi Development. “We’ve drawn from our legacy of precision and exclusivity to create a residential masterpiece that captures the essence of island living while offering the comfort and sophistication our clients expect from a Sharafi property.”
The development will include an infinity pool with sea views, private gardens, spa and wellness facilities, a fully equipped gymnasium, and dedicated concierge services. These amenities target buyers seeking resort-inspired living within proximity to Dubai’s central business districts.
Market Positioning and Sales Strategy
Metropolitan Premium Properties has been appointed as the exclusive sales partner for the project, bringing its master agency expertise to the development’s go-to-market strategy.
“We are proud to partner with Sharafi Development on this exceptional project. Marea represents a new benchmark for refined waterfront living, perfectly aligned with Dubai’s next wave of real estate growth on Dubai Islands,” said Mohab Samak, Executive Director & Head of the Master Agency Services Division at Metropolitan Premium Properties.
He added that at Metropolitan, they have a team that specialises in providing developers with complete, turnkey sales solutions, from strategic pricing and positioning to full sell-out execution. “Our track record in successfully marketing and selling landmark projects across the UAE gives us full confidence that Marea’s units will be met with exceptional demand from both local and international buyers. The combination of Sharafi’s legacy of quality and our market expertise creates a winning formula for another sell-out success.”
Also read: House of Well Launches on Dubai Islands, Redefining Wellness-Driven Living
Marea Residences Dubai Islands is positioned within the Dubai Islands masterplan, offering connectivity to Downtown Dubai, Dubai International Airport, and the planned Dubai Islands Mall. The location balances accessibility with the privacy characteristics of island residential developments.
Dubai Islands Development Context
Dubai Islands, formerly known as Deira Islands, represents one of Dubai’s major coastal expansion zones. The masterplan includes residential, hospitality, retail, and leisure components across multiple phases. Recent infrastructure improvements have accelerated developer activity in the precinct, according to industry reports.
According to industry reports, Dubai’s waterfront segment has recorded consistent transaction growth, with island developments attracting both end-users and investors seeking yield-generating assets.
The Dubai Land Department reported that off-plan transactions accounted for 58% of total sales volume in Q3 2024, indicating sustained confidence in project launches across emerging zones including Dubai Islands.
What’s There for Indian Investors
For Indian buyers, Dubai Islands projects like Marea Residences Dubai Islands offer several considerations. The emirate’s visa reforms, including the 10-year Golden Visa for property investors meeting minimum thresholds, have enhanced Dubai’s appeal as a second-home destination.
Waterfront developments typically command premium rental yields compared to mainland alternatives. Indian nationals constituted the largest nationality group for Dubai property transactions in 2024, driven by currency arbitrage opportunities and portfolio diversification strategies.
However, buyers should conduct due diligence on developer track records, payment plans, and completion timelines before committing to off-plan purchases in emerging precincts. Consulting with registered brokers and reviewing escrow arrangements remains essential for mitigating investment risk in Dubai’s off-plan market.
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