Dubai, UAE – Dubai-based AVENEW Development has signed an agreement with Marriott International to develop The St. Regis Residences at Dubai Islands. The project targets seafront living in the transformative waterfront district. According to the developer, every detail from interiors to communal experiences aims to inspire connection and elevate lifestyle.
Rasha Hassan, Managing Partner of AVENEW Development, stated: “We chose this project because its commitment to excellence mirrors our own. The St. Regis Residences at Dubai Islands, will be more than homes; they are spaces of comfort where the finest experiences are delivered flawlessly.”
Also read: AMIS Development Unveils The Tides: Mid-Luxury Living on Dubai Islands
He added that this project redefines coastal residential living in the GCC, offering residents a lifestyle of celebration and elegance. With a privileged array of world-class amenities, the community will feel both exclusive and meticulously serviced. AVENEW Development was founded on a singular principle: to create homes that go beyond architecture, spaces crafted with intention and care.”
Jaidev Menezes, Regional Vice President – Mixed-Use Development, EMEA at Marriott International, shares, “We are thrilled to introduce The St. Regis Residences at Dubai Islands — a collaboration with AVENEW that brings distinctive design and the legendary St. Regis service to life.” The residences emphasize structural quality, intentional design and service integration for wellbeing-focused living.
Dubai Islands Market Surge
Dubai Islands has seen transaction volumes rise 109% in the last six months of 2025, with over 2,075 units sold totaling AED 5.6 billion, up 129.6% year-on-year. Off-plan apartment prices reached AED 2,340 per sq ft by mid-2025, a 16% semi-annual increase, remaining 38% below Palm Jumeirah levels at AED 3,250 per sq ft. The area ranks among top waterfront sellers, backed by infrastructure like beachfront promenades, golf courses and upcoming Deira Mall. Rental yields are projected at 7-9% upon completion.
This launch aligns with Dubai’s branded residences boom, where 12 new projects added 5,510 units in H1 2025, pushing total inventory to 48,474 amid 37% transaction value growth despite volume dips. Knight Frank reports Q3 2025 residential prices up 2.5% quarterly and 10% annually, with 56,854 home sales recorded. Off-plan sales hit records, comprising 75% of Q3 transactions at AED 138 billion.
Appeal to Indian Investors
Indian investors favor Dubai for 8-15% tax-free yields, surpassing Mumbai’s 3-5%, with bilateral trade over $100 billion post-CEPA boosting ties. Proximity, golden visas for properties over AED 2 million and flexible plans draw non-resident Indians to waterfront and mid-luxury spots. Popular areas include Dubai Marina and emerging hubs like Dubai Islands, offering entry prices 20-25% below premium islands.
Also read: Dubai Islands Boutique Residences Debut With Prices From AED 1.8 Mn
CBRE notes Q1 2025 residential growth with 11% apartment rental hikes and 25,000 new units, concentrated in waterfront zones. For Indians, St. Regis Residences on Dubai Islands provides affordable luxury entry amid off-plan surge, with potential 7%+ yields and capital gains as infrastructure matures.
This development signals Dubai Islands’ shift toward branded luxury, enhancing its profile in a market forecasting 5% price growth through 2025 per Knight Frank. For Indian investors, it offers a strategic off-plan entry into coastal assets with strong ROI potential, lower risk via Marriott’s service standards and visa perks, amid sustained demand from population influx and tourism. Early positioning could yield appreciation as prices approach AED 3,000 per sq ft by 2026.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
