Prime project features 63 limited-edition units, just 15 minutes from Dubai Downtown
STAMN Real Estate Development has launched Nautis Residences, a prime residential project on Dubai Islands. The mid-rise development features 63 residences, from one-bed luxury apartments through to exclusive four-bed townhouses.
With more than Dh250 million invested in Dubai, three projects under development and a fourth to be announced later this year, STAMN is rapidly becoming an influential developer in the emirate.
Designed by Horizon, Nautis Residences takes inspiration from the waves of the surrounding Arabian Gulf, and will have a range of amenities, including an elegant infinity pool and sundeck, trendy gym, yoga studio, cosy reading garden, and social barbecue facilities. There will also be a separate children's play zone and kids pool to appeal to family buyers.
Speaking at the launch of Nautis Residences, STAMN CEO, Zheng Jian said, “We're privileged to launch Nautis Residences on the incredible Dubai Islands, which we believe is a master development that will rival the Palm Jumeirah for popularity in the coming years. Nautis is elegantly designed and we anticipate strong demand for this limited collection of residences."
Dubai Islands is a master development designed by Nakheel, creators of Palm Jumeirah, which connects five islands with more than 60 kilometres of waterfront and 20 kilometres of beaches. It is being positioned in the same bracket as the UAE’s other iconic island real estate projects, underlining strong potential.
Overall, Dubai Islands represents robust value for money in terms of price per square foot, especially given its proximity to Dubai Downtown, tourist attractions and international airports.
"With world-class dining destinations, yacht marinas and championship golf courses on the doorstep, investors are quickly realising the potential for capital appreciation," he adds.
Nautis Residences will range from Dh1.74 million to more than Dh6.6 million, representing an average price per square foot of Dh2,300. Comparably, off-plan projects on Palm Jumeirah are valued at an average Dh5,809 per square foot, demonstrating clear room for an uplift in valuations as Dubai Islands becomes more established.
By the fourth quarter of 2027, when Nautis residents will be able to move in, many of the biggest projects and destinations on Dubai Islands will also be completed.
Sales are now live, with prospective investors also being able to benefit from a 40/60 handover payment plan.
Nautis will have a ground floor lobby, two parking levels and eight residential floors. It will be located on a prime plot near the upcoming Dubai Islands Mall on the closest island to Dubai mainland (Island A) and served by interconnecting bridges. In close proximity, there will be a range of community spaces including retail, leisure, dining, entertainment, hotels and resorts, marinas, schools and healthcare facilities.
To find out more or register interest, visit Stamndevelopment.com
This content comes from Reach by Gulf News, which is the branded content team of GN Media.