Urban Life Phase 2 By Urban Properties

Key facts

Handover (past)

Q2 2026

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

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

Location

Urban Life Phase 2 By Urban Properties sits in Urban Life.

Master plan

The developer’s own site plan for Urban Life Phase 2 By Urban Properties, showing how the buildings, roads and open space sit together.

How Urban Life Phase 2 By Urban Properties compares

Entry here is AED 1.5M, against a median of AED 1.3M across the 2 priced projects in Urban Life, the highest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q2 2026, alongside 105 other projects completing in the same quarter. Urban Properties Development has 2 projects in our catalogue, 2 of them in Urban Life.

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 10% on booking, 45% during construction, 10% at handover and 35% after handover. The 45% due during construction falls in two instalments of 10% to 35%. At the AED 1,500,000 entry price, that is AED 150,000 to reserve a unit, AED 675,000 across the build, and AED 150,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 60,000 at this entry price. That 10% booking payment does not go to Urban Properties Development 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.

Handover and construction

Urban Life Phase 2 By Urban Properties handed over in Q2 2026.

Ownership and residency

Urban Life Phase 2 By Urban Properties 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.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation.

Who it suits

The development is apartments in studio to 2 bedroom layouts.

What is on site

Shared facilities recorded for Urban Life Phase 2 By Urban Properties are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area.

Frequently asked