Dubai Islands is seeing it all – more luxury homes, price gains and buyers

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Dubai: The off-plan action is finally landing big on Dubai Islands, the cluster of offshore destinations that is reshaping the coastline off Deira.

All the elements are falling into place, whether it be increased developer activity in terms of launches – and homes that define luxury – and more investors coming on board to have their future homes there. Not only that, for the smart investor, prices are perking up in Dubai Islands’ secondary market space too.  

“Activity centered Dubai Islands is expected to rise significantly as more projects come on line - but at the luxury end,” said a real estate consultant. “The market can expect a lot more launches in 2025, and it would not be any surprise if Dubai Islands and Dubai South/Expo City – at either end of the city - turn out to have the highest number of launches by end of 2025.”

According to market sources, launch prices of Dubai Islands’ homes have seen 30%-50% increases throughout 2024, of course depending on the type of property and all the comforts and add-ons that add to their luxury feel.

New launches at the island cluster would carry per square foot (psf) of around Dh2,000 and pushing all the way to Dh2,500 psf. At these prices, there is ‘every chance of further value gains going by what has happened at other luxury Dubai destinations, whether it’s Palm Jumeirah, the Downtown, or Dubai Hills,” said the estate agent.

“Depending on where the Dubai market stands, these price appreciations could take place closer to the completion of the first homes on Dubai Islands.”

Based on property listing portals, a two-bedroom apartment of 2,258 square feet with a Q4-2026 handover carries a Dh3.39 million tag. One-bedroom units carry tags upwards of Dh2 million.

In a break from Dubai’s track record of creating single ‘island’ destinations, Dubai Islands represent quite a departure in terms of the breadth of its design possibilities. It was in 2022 that the new masterplan was brought out, effectively replacing what was sought to be created through the shelved ‘Palm Deira’ master development.

In its place comes the five ‘mini-islands’ extending to an over 17 square kilometres spread. The highlights will be many – the creation of over 60 kilometers of pristine waterfront and more than 20 kilometers of beaches. (Which only reinforces what they say about Dubai and luxury living – investors will never ever get tired of picking a new home by the beach in the city.)

Creating these individual islands will help on the project side too, whereby construction can be staggered in such a way to fill them out – or vast portions of it – within clear timelines. 

A new ‘Infinity Bridge’ will eventually link the islands to the city, while connectivity within the island ‘is just as easy, with seamless travel between each island through inter-connected bridges and waterfront access for cruises and water transportation’, according to the master-developer.

While construction and infrastructure works take their own course, property market sources are looking to when Dubai Islands will start seeing the launch of super-luxury homes. They agree that the project will be a natural attraction for more $10 million and over homes.

“Once a certain number of these Dh30 million plus homes are transacted and registered at Dubai Land Department, Dubai Islands will exert its influence,” said an estate agent. “The build-up towards that is already happening. You can sense it in the number of enquiries that are coming in asking specifically about uber-luxe beachfront homes in Dubai.

“There’s the Palm Jebel Ali option and there’s Dubai Islands. Luxury home buyers will be spoilt for choice…”