Gianfranco Ferré Residences

Key facts

Handover

Q1 2028

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

How Gianfranco Ferré Residences compares

Entry here is AED 1.2M, against a median of AED 1.8M across the 67 priced projects in Al Marjan Island, which puts it above 16 of them and below 50. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2028, alongside 128 other projects completing in the same quarter. Mira Developments has 8 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.

Payment plan

Available units

Amenities

• Retail Facilities
• Gymnasium
• Direct Beach Access
• Restaurants
• Indoor Swimming Pool
• View of Water
• Dining in building
• Shared Spa

Location

Gianfranco Ferré Residences sits in Al Marjan Island.

Master plan

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

What you pay, and when

Payments are staged 10% on booking, 50% during construction and 40% at handover. The 50% due during construction falls in five instalments of 10%. At the AED 1,200,000 entry price, that is AED 120,000 to reserve a unit, AED 600,000 across the build, and AED 480,000 due on completion.

What the entry price works out at

The cheapest unit with a published size is 444 square feet at AED 1,200,000, which works out at AED 2,703 per square foot. Stated sizes run from 444 to 3,666 square feet.

Ownership and residency

Gianfranco Ferré Residences is sold freehold, 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 1 bedroom units here start at AED 2,300,000 and clear it on their own.

Who it suits

The development is apartments in studio to 3 bedroom layouts. studios start at AED 1,200,000 and 3 bedroom units at AED 11,500,000, so one building covers a first rental purchase and a family home. Sales have not opened yet, so the published figures are launch guidance rather than a live price list.

What is on site

Gianfranco Ferré Residences records retail facilities, direct beach access, view of water, dining in building and shared spa among its shared facilities, alongside the gymnasium, restaurants and indoor swimming pool that most Dubai developments carry. 22 floor plans are published for it.

Frequently asked