Off-planapartmentGramercy Development

42 East Residences

Dubai · Dubai Islands · 42 East Residences

42 East Residences is an apartment development by Gramercy Development in Dubai Islands, Dubai. Prices start at AED 4,200,000. Homes are 3 to 4 bedroom apartments. The development is under construction, with handover scheduled for Q2 2028. Ownership is freehold.

Key facts

Handover
Q2 2028
Status
Under construction
Ownership
freehold
Property types
apartment
Availability
Limited availability, confirm with us

Payment plan

Standard

40%

During construction

60%

On handover

Available units

TypeArea (sqft)BathroomsLayoutsStarting price
3 bedroomOn request54On request
4 bedroomOn request61On request

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

Location

42 East Residences sits in 42 East Residences.

Distance to landmarks (straight line)

  • Dubai International Airport (DXB)7.0 km
  • DIFC9.4 km
  • Palm Jumeirah27 km

Straight-line distance from the project's coordinates, not a drive time.

Master plan

The developer’s own site plan for 42 East Residences, showing how the buildings, roads and open space sit together.

Master plan for 42 East Residences by Gramercy Development in Dubai Islands

How 42 East Residences compares

Entry here is AED 4.2M, against a median of AED 2.1M across the 143 priced projects in Dubai Islands, which puts it above 138 of them and below 4. Handover lands in Q2 2028, alongside 135 other projects completing in the same quarter.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Ownership and residency

42 East Residences is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

Who it suits

The development is apartments in 3 to 4 bedroom layouts. Every layout is 3 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock.

What is on site

Shared facilities recorded for 42 East Residences are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 5 floor plans are published for it.

Frequently asked

What is the starting price at 42 East Residences?+

42 East Residences starts at AED 4,200,000.

When does 42 East Residences hand over?+

42 East Residences is scheduled to hand over in Q2 2028, alongside 135 other projects we track in the same quarter.

What sizes are available at 42 East Residences?+

42 East Residences is apartments in 3 to 4 bedroom layouts.

Can a foreign buyer own a home at 42 East Residences?+

42 East Residences is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 threshold for the 10 year UAE golden visa.

Which community is 42 East Residences in?+

42 East Residences is in Dubai Islands, Dubai. We track 151 projects in Dubai Islands.

Who is building 42 East Residences?+

42 East Residences is developed by Gramercy Development, who have 1 project in our catalogue.

Before you commit

Ask about 42 East Residences

Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.

Related off-plan projects

Others in Dubai Islands, then more from Gramercy Development.

42 East Residences is an off-plan development by Gramercy Development in Dubai Islands, priced from AED 4,200,000 with handover in Q2 2028. See more Gramercy Development projects or all 151 off-plan projects in Dubai Islands. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.