Marea Residence

Key facts

Handover

Q3 2027

Status

Under construction

Ownership

freehold

Property types

apartment, penthouse

Availability

Available

Payment plan

Available units

Amenities

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

Location

Marea Residence sits in Marea Residences.

Master plan

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

How Marea Residence compares

Entry here is AED 2.6M, against a median of AED 2.1M across the 143 priced projects in Dubai Islands, which puts it above 118 of them and below 24. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q3 2027, alongside 126 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.

What you pay, and when

The published payment plan is 5% on booking, 35% during construction, 30% at handover and 30% after handover. The 35% due during construction falls in four instalments of 5% to 10%. At the AED 2,600,000 entry price, that is AED 130,000 to reserve a unit, AED 910,000 across the build, and AED 780,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 104,000 at this entry price. That 5% booking payment does not go to Sharafi Real Estate 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.

Ownership and residency

Marea Residence 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 and penthouses in 1 to 3 bedroom layouts. 1 bedroom units start at AED 2,600,000 and 3 bedroom units at AED 7,800,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for Marea Residence are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 7 floor plans are published for it.

Frequently asked