Ahmadyar Real Estate Development L.L.C

Ahmadyar Real Estate Development has one building on Dubai Islands, Vestoria Bay, on Central Island, the built-up core with the deepest resale market on the archipelago. The most distinctive thing about it is the range of unit sizes: layouts run from around 750 sq.ft up to 3,100, with one to three bedrooms, in a small 63-unit building. That is a wide spread for a building this size, and it means Vestoria Bay is trying to serve both the compact investor and the larger end-user in one address.

On price it is mid-market. Vestoria Bay is from about AED 1.65M at AED 2,200 per sq.ft, which sits just below the island median of AED 2,445. The AED 1.65M entry is on the accessible side for Central Island, which helps for a first investment or a smaller ticket, while the larger 3,100 sq.ft layouts give a family-sized option in the same building. That size flexibility can help resale liquidity, since there is a buyer for both the small and the large unit, but it also means you should look hard at exactly which layout you are buying because the value differs across the range.

The payment plan is 60/40, standard for the islands, with handover dated Q4 2027, a reasonable near-to-mid horizon. Most of the price is committed by handover. At 63 units it is a small building, which brings a quieter address, faster snagging and less internal competition on rent and resale.

The honest read on Vestoria Bay is that it is a sensible mid-market building whose main selling point is flexibility of size in a small, well-located address at a fair price. It does not have a headline feature or a value-leading per-foot rate, but a just-below-median price on Central Island with a broad unit range is a reasonable package. As with any newer developer here, confirm on-site progress and keep a cushion on the handover. Pick the specific layout carefully and Vestoria Bay is a fair Central Island option.

Vestoria Bay is priced from AED 1.65M at AED 2,200 per sq.ft. That is 10% below the Dubai Islands apartment median of AED 2,445, a gap of AED 245 per foot, which puts it in the lower half of island pricing. On its 60/40 payment plan, that entry price splits into about AED 990K committed across construction and AED 660K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 107K: the 4 per cent Dubai Land Department fee, trustee and admin, the first year of service charge and snagging. A completed unit at this price qualifies the owner for the 2-year investor visa; the 10-year Golden Visa needs AED 2M registered, which this entry does not reach. Handover is dated Q4 2027, the building holds 63 units, sized 750 to 3,100 sq.ft, currently selling. View the full listing →