Fakhruddin Properties Development L.L.C

Fakhruddin Properties has built its Dubai identity around sustainability and wellness, and that shows up in the two buildings they have on Central Island: Hatimi Residences and Treppan Serenique Residences. The wellness positioning is not just marketing language on their brochures, it runs to the amenity mix and the building spec, and that is the main thing that separates them from the generic mid-market product elsewhere on the islands.

On price they are reasonable. Hatimi Residences is the value entry at around AED 1.9M and AED 1,800 per sq.ft, which is meaningfully below the island median of AED 2,445, and Treppan Serenique sits higher at AED 2,920 per sq.ft from about AED 2.86M. So you can buy the Fakhruddin proposition below the median at Hatimi, which is the more interesting number of the two.

The payment plans differ by building. Hatimi runs 40/60, deferring most of the price to handover, and Treppan Serenique runs 60/40. The Hatimi structure is the softer of the two for a holder. Handovers are split: Hatimi is near-term at Q3 2026 while Treppan Serenique runs to Q4 2027.

Here is my honest read on the wellness angle. Green and wellness features genuinely help on the rental side, because they give the listing something specific to say and appeal to a tenant who will pay for it. Where I am more cautious is resale. The Dubai Islands resale market is young, and there is not yet evidence here that buyers will pay a clear premium for a sustainability spec at exit the way they might for a beachfront position or a top-tier finish. So I treat the wellness features as a rental and lifestyle plus that is real today, and as an unproven resale premium that you should not overpay for.

Who should look at Fakhruddin. Buyers who value the wellness spec for their own use or for a specific tenant profile, and value-minded investors who like that Hatimi undercuts the island median while offering something differentiated. As with the other newer names on the islands, weigh the specific building and keep a cushion on the handover, but of the differentiated propositions here, a below-median entry price with a real amenity story is one of the more sensible ones.

Hatimi Residences is priced from AED 1.9M at AED 1,800 per sq.ft. That is 26% below the Dubai Islands apartment median of AED 2,445, a gap of AED 645 per foot, which puts it in the cheapest quarter of island pricing. On its 40/60 payment plan, that entry price splits into about AED 760K committed across construction and AED 1.14M due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 124K: 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 Q3 2026, the building holds 116 units, sized 823 to 4,595 sq.ft, currently selling. View the full listing →

Treppan Serenique Residences is priced from AED 2.86M at AED 2,920 per sq.ft. That is 19% above the Dubai Islands apartment median of AED 2,445, a gap of AED 475 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 1.72M committed across construction and AED 1.14M due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 186K: 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 Q4 2027, the building holds 164 units, sized 980 to 1,832 sq.ft, currently selling. View the full listing →