Enzo Prime Real Estate Development L.L.C S.O.C

Enzo Prime Real Estate Development is here with Maravea Residences on Central Island, and the case is a clean value one. Maravea is priced from about AED 1.5M at AED 1,900 per sq.ft, which sits well below the island median of AED 2,445. A below-median per-foot price on Central Island, the built-up core with the deepest resale market, is the scarcest thing on Dubai Islands, and the AED 1.5M entry is one of the more accessible tickets on the island.

That combination of a low entry price and a below-median per-foot rate on the best-connected island is exactly what holds up when the wider off-plan wave completes and the portals fill with similar stock, because the building that bought in cheapest has the most cushion. Sizes run from around 789 sq.ft up to 2,508, with one to three bedrooms, so it spans the compact investor unit and the small-family apartment.

It is a small building at 63 units, which adds to the case: a quieter address, faster snagging, and far less internal competition when you rent or sell. The payment plan is 60/40, standard for the islands, with handover dated Q2 2028, a mid-range horizon, so most of the price is committed before completion.

The honest read on Maravea is a straightforward value play. It does not have a headline feature and it does not need one: a below-median price, an accessible entry and a small building on Central Island is a sensible package, and cheaper than a lot of the stock around it. The Q2 2028 handover is the main thing to weigh, so buy it as a patient hold and make sure your plan can carry the timeline. As with any newer developer here, confirm on-site progress and keep a cushion on the date. On price, Maravea is one of the more sensible value entries on the island.

Maravea Residences is priced from AED 1.5M at AED 1,900 per sq.ft. That is 22% below the Dubai Islands apartment median of AED 2,445, a gap of AED 545 per foot, which puts it in the cheapest quarter of island pricing. On its 60/40 payment plan, that entry price splits into about AED 900K committed across construction and AED 600K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 98K: 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 Q2 2028, the building holds 63 units, sized 789 to 2,508 sq.ft, currently selling. View the full listing →