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  • Market Trends

    OMNIYAT Highlights $11.7B Funded Pipeline as Dubai Market Turns Selective

    Dubai Luxury Property Defies Slowdown as High-Value Deals Continue

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    Mercer House Uptown Dubai twin towers by Ellington Properties featuring modern architecture, skyline views, and luxury lifestyle amenities.

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Al Furjan Boutique Apartment Launch Targets 2028 Delivery Window

Staff Writer by Staff Writer
February 12, 2026

Al Furjan, UAE — A new Al Furjan boutique apartment launch is adding 72 units to one of Dubai’s more established metro-connected residential corridors, at a time when developers are recalibrating project scale and positioning ahead of a heavier 2027–2028 delivery cycle.

Abu Dhabi-based Y A S Developers has unveiled Casa Altia in Al Furjan, with enabling works already under way and completion scheduled for Q1 2028. The project follows the handover of the developer’s earlier Altia Residence and Altia One projects in Dubai Silicon Oasis.

The launch comes as Al Furjan continues to attract mid-premium demand driven by connectivity to the Metro Red Line, Expo City, and Sheikh Mohammed Bin Zayed Road.

What is Being Delivered

Casa Altia will comprise 72 residences, including 12 one-bedroom units, 48 two-bedroom apartments, and 12 three-bedroom residences. One-bedroom units measure around 1,000 sq ft, two-bedroom homes range between 1,400 and 1,465 sq ft, while three-bedroom residences extend to approximately 1,900 sq ft.

Also read: Fast-Selling Nabni Avenue 7 Rises in Al Furjan

An entire floor is dedicated to six larger-format homes featuring private pools, landscaped gardens and barbecue areas, positioning them closer to villa-style living within a mid-rise structure.

Prices start from AED 1.7 million. Amenities include a gym, infinity pool, clubhouse, retail space and children’s play area. The developer confirmed that this Al Furjan boutique apartment launch forms part of a broader strategy to introduce AED 1 billion worth of projects in Dubai in 2026.

A Corridor with Stable End-User Demand

Al Furjan has increasingly positioned itself as a central, metro-served alternative to more premium districts nearby. According to DXB Interact, Dubai’s property market recorded over AED 686 billion in sales in 2025, with transactions rising more than 30% year-on-year.

Y A S Developers’ COO Muneer Kutty referenced the broader backdrop, stating: “The city-state’s property market registered record growth in 2025 with sales touching over AED 686 billion in 2025, as per DXB Interact. We are fully aligned with Dubai’s Real Estate Sector Strategy 2033, which aims to boost homeownership and double the sector’s contribution to the GDP.”

Al Furjan’s appeal is anchored in transport connectivity and its position between established residential districts and emerging growth nodes. Residential values in the area have recorded steady single-digit growth in recent cycles, reflecting sustained occupancy rather than purely speculative activity.

Investor Lens: Size, Liquidity And Timing

This Al Furjan boutique apartment launch is modest in scale compared with larger master-planned communities, which influences both absorption dynamics and potential resale depth.

The unit sizes are materially larger than many competing mid-market projects, particularly the 1,000 sq ft one-bedroom layouts. Larger configurations typically appeal to longer-term residents rather than short-term investors, which may support tenant stability but could narrow buyer pools at exit.

Also read: Azizi Zain in Al Furjan Reaches 34% Completion, Delivery on Track for 2026

Kutty said: “We’re long-term committed to the UAE and the wider GCC as a real estate market- it’s one of the most unique places to live and own real estate. Our strategy has consistently focused on high-growth locations offering strong rental yields and capital appreciation.”

However, delivery is targeted for Q1 2028, placing the project within a broader pipeline window where multiple communities across Dubai are scheduled for handover. The depth of rental demand and resale liquidity at that stage will depend on macro conditions and supply absorption across similar metro-linked districts.

Delivery Track Record

Y A S Developers pointed to the successful completion of Altia Residence and Altia One in Dubai Silicon Oasis as evidence of execution capability in growth-focused districts.

Kutty added:

“Dubai Silicon Oasis has emerged as one of the stand-out performers in Dubai’s real estate market with apartments recording some of the highest price increases and valuations surging by over 22 per cent.”

While previous handovers strengthen credibility, investors typically evaluate each development independently based on construction progress, contractor quality and the broader cycle at delivery.

Risk Factor: 2028 Supply Overhang

The principal risk attached to this Al Furjan boutique apartment launch lies in timing rather than pricing. With handover scheduled for 2028, capital remains tied to a delivery year where multiple Dubai submarkets are expected to complete new inventory.

Boutique-scale buildings may benefit from exclusivity and design coherence, but they can face more limited transaction depth compared with large, branded communities that generate broader secondary activity.

What To Watch

Sales velocity over the coming quarters will provide early indicators of market appetite at the AED 1.7 million entry point. Construction progress through 2026 and 2027 will determine execution certainty. Pricing behaviour in neighbouring Al Furjan projects will also signal how competitive positioning evolves.

For investors, end-users, and particularly Indian and NRI buyers, the development represents exposure to a metro-connected corridor with relatively stable end-user demand. The key decision variable remains 2028 market conditions — specifically rental resilience and resale liquidity — rather than near-term headline sales momentum.


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