AMWAJ Development

AMWAJ Development is here with Kaia Residences on Central Island, the built-up core with the deepest resale market on the archipelago. It is a mid-sized building with a mid-market price, and the main thing to weigh is the timeline: Kaia has one of the longer handover horizons in this group, dated Q4 2028.

Kaia is priced from about AED 1.8M at AED 2,273 per sq.ft, which sits just below the island median of AED 2,445. That is a fair Central Island price, and the AED 1.8M entry keeps the smaller units accessible. It is a mid-to-large building at 128 units, with sizes from around 792 sq.ft up to 3,173 and layouts to four bedrooms, so it spans the compact investor unit and the larger family apartment, with the broader amenity base and more resilient service charge that come with a building of that size.

The payment plan is a balanced 50/50, so most of the price is committed by the Q4 2028 handover. That longer horizon is the key consideration. A 2028 completion means your capital is committed for longer before it starts earning, and more can move in Dubai pricing over that stretch, so Kaia is better read as a patient hold than a near-term rental play. Make sure your plan can carry the timeline comfortably.

The honest read on Kaia is that it is a sensible mid-market building at a fair price, with the trade-off being the wait. A just-below-median price on Central Island is a reasonable entry, and the size flexibility helps resale liquidity, but the Q4 2028 date means you should only buy if you are comfortable holding through to then. As with any newer developer here, confirm on-site progress and keep a cushion on that date. For a patient buyer, Kaia is a fair Central Island option; for one who wants to be renting soon, an earlier-handover building suits better.

Kaia Residences is priced from AED 1.8M at AED 2,273 per sq.ft. That is 7% below the Dubai Islands apartment median of AED 2,445, a gap of AED 172 per foot, which puts it in the lower half of island pricing. On its 50/50 payment plan, that entry price splits into about AED 900K committed across construction and AED 900K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 117K: 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 2028, the building holds 128 units, sized 792 to 3,173 sq.ft, currently selling. View the full listing →