MAREA Residences at Dubai Islands

Marea Residences by Sharafi Development is a boutique residential project on the coast of Dubai Islands, a new waterfront district implemented as part of the Dubai 2040 Urban Master Plan. The complex was master-planned by a company with a century-long history, which has been at the forefront of the emirate's architectural landscape since 1924. Marea Residences is a 12-storey tower with three large-scale podium levels. The striking architecture is inspired by the dynamics of the marine environment: wave-like façades, smooth contours, cascading terraces with landscaping. The units offer Burj Khalifa and Dubai Skyline vistas, with the entrance of the ongoing Dubai Islands Mall directly opposite the complex and the city beach just 100 metres away.

Properties at Marea Residences by Sharafi Development include one- and two-bedroom apartments, as well as four two- and three-bedroom penthouses. The residences range in size from 1,246 sqft (116 m²) to 3,574 sqft (332 m²). The entire collection is characterised by sophisticated layouts, European finishes, abundant light, high ceilings, open kitchens with built-in appliances, spa-style bathrooms, walk-in closets and spacious balconies. Some plans include a jacuzzi on the terrace. The exclusive penthouses at Marea Residences on Dubai Islands are located on the 12th floor and feature a private roof with a swimming pool and relaxation area. The aesthetics of the project reflect the concept of ‘resort living’ — with a high level of privacy, maximum comfort and a visual water focus.

The infrastructure of Marea Residences is on par with a five-star hotel. Residents have access to an infinity pool with ocean views, a fitness room, sauna, spa and sensory shower, lobby and lounge area, private walking paths and 24-hour concierge service. In addition, they will enjoy access to the infrastructure of the under-construction Sharafi Development coastal hotel — a rare privilege for residential projects of this scale, which has a positive impact on the liquidity of property on Dubai Island.

The location enhances the value of owning an apartment at Marea Residences. The development of the archipelago is one of the vectors of the Dubai 2040 Urban Master Plan. Today, Dubai Island already boasts over 20 km of beaches, kilometres of promenades and green spaces, golf courses and cultural venues. The islands are conveniently connected to the mainland by bridges. The drive to Downtown Dubai and DXB Airport takes about 20 minutes. Major medical facilities in Deira, such as Dubai Hospital and NMC Medical Centre, are a 10-15 minute drive away.

Today, Dubai Islands is considered one of the most promising areas for buying property in Dubai. The district is in an active phase of development, and the limited number of projects on the first coastline creates a shortage of quality offers. Demand for rentals is supported by the influx of tourists and future infrastructure. Experts estimate the potential return on investment here to be 6% per annum and above. The construction of a direct 8-lane bridge to Burj Dubai will expand the business demand funnel and unlock the potential for sustainable capitalisation once the complex is operational.

Prices for apartments at Marea Residences on Dubai Islands start at 2 600 000 AED (708 000 $) for a one-bedroom unit and 2 800 000 AED (762 400 $) for a two-bedroom option. The minimum price for penthouses by Sharafi Development is 7 800 000 AED (2 123 900 $). The payment terms are flexible, with an interest-free 70/30 installments plan: 5% on booking, 35% during construction, 30% upon handover, and an additional 30% within two years post-handover. The project is scheduled for completion in Q2 2027.

Frequently Asked Questions of MAREA Residences at Dubai Islands