Elysian Luxury Real Estate Development L.L.C

Elysian Luxury Real Estate Development is here with Esme Beach Residences on Central Island, the built-up core with the deepest resale market on the archipelago. The positioning is in the name: this is a beach-oriented building, and a near-term handover is its practical strength.

Esme Beach is priced from about AED 2.3M at AED 3,040 per sq.ft, which sits above the island median of AED 2,445. That is an above-median rate, so the case rests on the beach positioning and the finish rather than on value. Sizes run from around 756 sq.ft up to 2,296, with one to three bedrooms, in a mid-sized 109-unit building, so it spans the compact investor unit and the small-family apartment, with the amenity base that comes with a building of that size.

The handover is the reason to look closely. Esme Beach is dated Q2 2027, which is near-term by island standards, so you reach the rental market sooner and your capital works for less time before it earns. On a 60/40 plan, most of the price is due by that completion, which suits a buyer with capital ready. A near-term handover on a beach-positioned building is a useful combination for the short-stay and holiday-let rental market, where the beach proximity is exactly what drives nightly rates.

The honest read on Esme Beach is that it is a beach-positioned, near-term building at an above-median price. The premium is defensible if the beach access and finish genuinely deliver, and the near-term handover is a real plus for a rental investor, but you are paying above the median, so underwrite it on the rent the beach position can actually command rather than on cheap square footage. As with any newer developer here, confirm on-site progress and keep a cushion on the date. It is a mid-sized building, so pick the right line and floor to stand out on the rent roll.

Esme’ Beach Residences is priced from AED 2.3M at AED 3,040 per sq.ft. That is 24% above the Dubai Islands apartment median of AED 2,445, a gap of AED 595 per foot, which puts it in the top quarter of island pricing. On its 60/40 payment plan, that entry price splits into about AED 1.38M committed across construction and AED 920K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 150K: the 4 per cent Dubai Land Department fee, trustee and admin, the first year of service charge and snagging. At this price the registered value clears the AED 2M threshold for the 10-year Golden Visa. Handover is dated Q2 2027, the building holds 109 units, sized 756 to 2,296 sq.ft, currently selling. View the full listing →