113 Residences

Key facts

Handover

Q2 2029

Status

Under construction

Ownership

freehold

Property types

apartment, duplex

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• CCTV Security
• Gymnasium
• Yoga room
• Children's Play Area

Location

113 Residences sits in Al Sufouh.

Master plan

The developer’s own site plan for 113 Residences, showing how the buildings, roads and open space sit together.

How 113 Residences compares

Entry here is AED 1.8M, against a median of AED 1.7M across the 4 priced projects in Al Sufouh, which puts it above 2 of them and below 1. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q2 2029, alongside 65 other projects completing in the same quarter. Iman Developers has 15 projects in our catalogue.

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.

What you pay, and when

The published payment plan is 20% on booking, 30% during construction and 50% at handover. At the AED 1,800,000 entry price, that is AED 360,000 to reserve a unit, AED 540,000 across the build, and AED 900,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 72,000 at this entry price. That 20% booking payment does not go to Iman Developers directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 691 square feet at AED 1,800,000, which works out at AED 2,605 per square foot. Stated sizes run from 691 to 2,484 square feet.

Ownership and residency

113 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 below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,560,000 and clear it on their own.

Who it suits

The development is apartments and duplexes in 1 to 4 bedroom layouts. 1 bedroom units start at AED 1,800,000 and 4 bedroom units at AED 5,440,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for 113 Residences lead with yoga room, alongside the indoor swimming pool, CCTV security, gymnasium and children's play area that most Dubai developments carry.

Frequently asked