MR EIGHT Real Estate Development L.L.C

MR EIGHT Real Estate Development is here with Villa del Gavi Residences on Central Island, and it sits at the premium end of the market. Despite the villa branding it is an apartment building, so read it as a premium apartment rather than a house. From about AED 3.9M at AED 3,860 per sq.ft, it is well above the island median of AED 2,445 and into the top quartile.

At this price point the building has to justify itself on finish, product and address, because you are paying a top-quartile per-foot rate. What softens the entry is the payment plan: a 35/65 structure defers 65 percent to handover, one of the more generous on the islands, which keeps most of your capital free until the building is real and lowers the cost of being wrong at a high price. Handover is dated Q4 2027, a reasonable near-to-mid horizon that pairs sensibly with the deferred plan.

Sizes run from around 1,011 sq.ft up to 3,950, with two to four bedrooms, so it skews to larger, end-user-oriented homes rather than compact investor units. It is a mid-sized building at 87 units, which brings a reasonable amenity base while still being small enough to keep internal competition manageable at the premium end, where the buyer pool is smaller.

The honest read on Villa del Gavi is that it is a premium building whose main practical cushion is the soft plan. At AED 3,860 per sq.ft from a newer developer without a completed building here, the finish and the specific unit have to genuinely justify the number, and I would want to see the delivered-quality evidence before paying it. Where it makes sense is for a premium end-user who wants a larger apartment and values keeping capital free until handover. For a value or yield buyer, the per-foot price is very hard to justify. As always, confirm on-site progress and keep a cushion on the date.

Villa del Gavi Residences is priced from AED 3.9M at AED 3,860 per sq.ft. That is 58% above the Dubai Islands apartment median of AED 2,445, a gap of AED 1,415 per foot, which puts it in the top quarter of island pricing. On its 35/65 payment plan, that entry price splits into about AED 1.37M committed across construction and AED 2.54M due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 254K: 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 87 units, sized 1,011 to 3,950 sq.ft, currently selling. View the full listing →