Description
Dubai Islands, previously called Deira Islands, is the long-awaited development by Nakheel, which is in line with the Dubai 2040 Urban Master Plan. The area will consist of 5 islands called Central Island, Shore Island, Golf Island, Marina Island and Elite Island, spanning across more than 182 million sq. ft.
In total, Dubai Islands will house 9 marinas with a 1,300-berth capacity, 87 resorts and hotels, nearly 69,000 sq. ft of pristine beaches, as well as 38,000 residential homes. That being said, Nakheel now offers a unique opportunity to invest in land plots for the construction of buildings in 3 types: hotel, mixed-use (residential+retail) and residential (apartment). The area of the plots available for purchase range from 25,337 sq. ft to 60,302 sq. ft, while the BUA measures from 63,344 sq. ft to 220,103 sq. ft. In terms of the height types, these are as follows:
Hotel: G+13
Mixed-use: G+2P+10; G+P+8
Residential: G+P+6; G+P+8; G+2P+10; G+2P+14
Central Island, which is the first of the islands, will become an exciting entertainment hub thanks to a theme park & water park, a beach club hotspot, a watersports hub and a surfing park. In addition, by the end of 2025, it is expected to have up to 20,000 new hotel rooms. This island plans to house 30,000 mid and high-density apartments, surrounded by open spaces, clubhouses and retail spaces.
- Principal and Interest
- Property Tax
- HOA fee
