The UAE’s real estate market is on fire, with a tremendous spike in demand from end-users and investors worldwide. In fact, according to Property Monitor, an overall property price growth in Dubai reached 11.05% in 2022, which illustrates a very strong performance within the real estate sector. To keep up with the demand, developers have been releasing some of the most sensational projects across the country, from the largest apartment in Dubai, to the world’s tallest residential tower. In this article, you will learn more about the top-10 most highly-anticipated developments coming to the UAE.

10 Upcoming Exclusive Property Developments in the UAE

According to the Webster Pacific consulting firm, as of June 2022, Dubai alone has a whopping 67,900 HNWIs, which reinforces the position of the UAE as one of the world’s most coveted destinations to own a primary home among wealthy individuals. As a result, it is no wonder that the luxury property sector is thriving, with its value and volume having increased by 97% and 85% respectively in 2022, according to the DXBinteract.com portal. As stated by Abderrahmane El Alj, Chairman of Chaimaa Holding, Dubai Branch, homebuyers today are opting for more private residences with hotel-like amenities and outstanding customer service. Our team at Metropolitan Premium Properties will gladly guide you through an array of the most exclusive developments available on the market, including Atlantis The Royal Dubai, AIRE Dubai, DAMAC Bay by Cavalli and many more. Our agents pride themselves in having expert knowledge regarding the smallest nuances of real estate transactions in the UAE and efficient investment strategies. This way, we will help you to not only protect, but also to multiply your capital and save you from any risks in the future. Our specialists will handle the deal from A to Z; from picking the most suitable unit, to handling the ownership registration in the respective government agencies. You are also welcome to use our property management service to assist in either renting your property or as a home care service.

Dubai’s Largest Apartment in ORLA

OMNIYAT Properties has announced the construction of Dubai’s largest apartment with a whopping living area of 50,000 sq. ft. The ultra-luxury penthouse will complement ORLA on Palm Jumeirah, which will be managed by Dorchester Collection. According to Mahdi Amjad, who is the Founder and Executive Chairman of OMNIYAT Properties, the so-called ‘sky palace’ will span across 3 levels and will feature a private elevator, an arrival area, a lobby and a breathtaking 115 ft infinity swimming pool. Besides the uber-exclusive penthouse, ORLA offers 93 meticulously crafted residences, namely 2–4 bedroom apartments and simplexes, and 4-bedroom duplexes. Occupants of the upcoming branded complex will be able to take advantage of a wide array of amenities spanning across 16,500 sq. ft. These will include a 492 ft private beach, a spa, a beach club, an outdoor infinity pool and much more. NBD! OMNIYAT Properties provides its clients with the opportunity to resell a property in ORLA upon paying 50% of its total price. Judging by the current trends and forecasts, you will be able to generate a lucrative profit if you pick this option.

First Residential Offering in the DIFC

In November 2022, the DIFC presented its first residential development called DIFC Living and Innovation Two, with over 170 units. It comes as part of the third phase of the DIFC’s Innovation Hub, which currently houses 600+ developing tech companies. Apart from residences, there will be 184,000 sq. ft of offices and co-working spaces, and a GFA of 107,000 sq. ft for retail. Prospective occupants will have vertical gardens, roof terraces, green spaces and plenty more at their full disposal. Not forgetting direct access to the 660,000 sq. ft Gate Avenue with 150+ shopping, dining and cultural venues.

Aldar Properties’ Residential Beachfront Community in Ras Al Khaimah

Aldar Properties, who is the largest listed developer in the UAE capital, announced the construction of its first residential community in Ras Al Khaimah. Due to launch in 2023, the exciting development will house over 2,000 branded apartments, in which owners will be provided with access to a beach club, retail spaces and a private beach, among other resort offerings. To develop this community, Aldar Properties purchased a 430,556 sq. ft plot in November 2022, which the master developer will combine with land acquired as part of the DoubleTree by Hilton Resort & Spa Marjan Island earlier that year.

The Tallest Residential Tower in the World

Binghatti Developers has collaborated with the elite jewellery and watch brand Jacob & Co, to bring Burj Binghatti Jacob & Co Residences to the dynamic Business Bay area. The ultra-luxury 104-storey skyscraper will surpass the record of the 1,549 ft tall Central Park Tower in New York, which is currently the world’s tallest residential building. Oozing the ultimate sophistication and magnificence, Burj Binghatti Jacob & Co Residences will be skillfully designed with signature Jacob & Co diamonds. Prospective real estate buyers are welcome to choose from a deluxe collection of limited-edition 2 and 3-bedroom apartments in the Sapphire Suite Collection and Emerald Suite Collection. The branded development will also house just 5 opulent penthouses in 3 types: Fleurs De Jardin, Astronomia and Billionaire. Scheduled for completion in 2026, Burj Binghatti Jacob & Co Residences will treat its occupants to a butler service, a spa, a private event area, a spa, a health club, an infinity pool, daycare services and much more.

Canal Front Residences in Al Wasl

Developed by Meydan, the Canal Front Residences is one of the few freehold projects in the sought-after area of Al Wasl, along the banks of the Dubai Water Canal. The premium 2-tower development features an array of beautifully designed 1–3 bedroom residences with elaborate interiors and floor-to-ceiling windows. Once completed in Q3 2024, Canal Front Residences will offer an abundance of various amenities, which will include, but are not limited to an outdoor swimming pool with sun loungers, a gym, and a children’s playground. In addition, the upcoming complex boasts a convenient location within easy reach to the Sheikh Zayed Road, enabling occupants to freely move around the rest of the emirate. NBD! In 2022, Meydan launched District 11 Opal Gardens in Mohammed Bin Rashid City, with a limited range of opulent 4–6 bedroom villas and 4-bedroom townhouses.

Gorgeous Wasl Tower

In October 2022, Wasl Asset Management Group announced that structural works were almost completed on its stunning 64-storey Wasl Tower, alongside the Sheikh Zayed Road. Once fully developed, the exquisite project will have the tallest ceramic facade in the region, making an illusion of a dynamic movement. In total, there will be 229 residential properties, 258 hotel suites as part of the second Mandarin Oriental Hotel in the emirate, 185,000+ sq. ft of office space, 11 parking levels and a helipad. Residents of Wasl Tower will be able to enjoy luscious vertical gardens, a light museum, restaurants and cafes, retail outlets, as well as sports facilities. The tower is connected to City Walk by a bridge, providing its occupants with even more leisure options, just a short walk away. NBD! In line with the recent UAE visa amendments, those acquiring a property worth at least AED 2,000,000 (USD 545,000) become eligible for a 10-year Golden Visa. Holders of this residency are provided with the opportunity to bring their families and domestic staff to the country as well.

Sobha Realty’s First Signature Project

The S by Sobha Realty, who is one of Dubai’s leading premium developers, is a 751 ft high skyscraper with just 84 exclusive residences, out of which 21 are 4-bedroom Sky Villas. Designed to the highest standards, The S is the first signature residential development by Mr. PNC Menon, who is the Founder and Chairman of Sobha Ltd & Sobha LLC. Owners of Sky Villas will have a wide array of state-of-the-art in-residence amenities at their full disposal, including a patio, a staff room, preparatory and show kitchens, spa-like bathrooms and much more. There will also be a myriad of resort-like amenities available within The S itself, such as a gym, a sunken court, a meditation corner, a health spa and an infinity-edge swimming pool, just to name a few.

Two Residential Developments from Shaun Killa

AHS Properties, which is a subsidiary of AHS Group, wowed its clients with 2 sensational projects in 2022, which are One Canal that sits alongside the Dubai Water Canal and One Crescent, located on Palm Jumeirah. These developments will be designed by the award-winning architect; Shaun Killa of Killa Design, who is famed for having created the innovative concept of the Museum of the Future. Both of the uber-luxe projects will consist of 9 storeys with just 25 designer properties, including penthouses, sky villas and sky mansions. The superlative residences will come with a private swimming pool, an outdoor terrace, a teppanyaki station, a private elevator and a staff room for the utmost convenience of homeowners. At the same time, world-class amenities within the breathtaking complexes will include a cigar lounge, a screening room, a luxury concierge service and a gym & yoga studio.

Nature-Inspired Saadiyat Lagoons

Saadiyat Lagoons by Aldar Properties is a prime residential community on Saadiyat Island, exclusively for UAE nationals. Once completed, the development will house 4,000+ premium units, which include 4–6 bedroom villas that will be launched in its first phase. The layouts of the upscale residences will feature a provision for a swimming pool, a fully-equipped show kitchen, a dirty kitchen, staff rooms, private parking and more The elite mega-development will cater to occupants of all ages, bringing the best amenities to the ever popular island. These will encompass an adventure park, a farmer’s market, art installations, a linear park, an outdoor cinema, a cultural spine and much more. The first handovers in Saadiyat Lagoons are scheduled for Q2 2026.

Palm Flower, Designed by Norman Foster

Nestled on Palm Jumeirah, Palm Flower is a super-refined 11-storey development with just 9 full-floor residences and 1 palatial mega-penthouse situated across 2 floors. The extravagant complex is being developed by Alpago Properties, who is famed for the Billionaire’s Row, which is one of the world’s most luxurious and desirable addresses. Combining the utmost privacy, opulence and exclusivity, each residence in Palm Flower will be complemented by a private gym, a cinema hall, a terrace swimming pool overlooking the Arabian Gulf and a double-height living space. The master developer has teamed up with Norman Foster of Foster & Partners to create a one-of-a-kind design, which will make Palm Flower one of the UAE’s most distinguished landmarks. The award-winning architectural studio is widely praised for its astonishing work on the Apple Tower Theatre in Los Angeles, Hong Kong International Airport, and Alif – The Mobility Pavilion at Expo 2020 Dubai. NBD! In this article, you can learn more about other opulent apartment developments in Dubai, such as The Ritz-Carlton Residences, One Za’abeel and Six Senses Residences The Palm, among others.