MVS Real Estate

MVS Real Estate is here with Sea Legend One on Central Island, the built-up core with the deepest resale market on the archipelago. It is a taller tower than most on the island, rising to fifteen floors, and its main practical strength is a near-term handover.

Sea Legend One is priced from about AED 2.4M at AED 2,980 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 position, the views a taller tower can offer, and the finish rather than value. A fifteen-storey building on Central Island means the upper floors can command genuine sea and skyline views, which is a real differentiator for both rent and resale, so on this building the specific floor you buy matters more than usual. Sizes run from around 805 sq.ft up to 3,333, with one to three bedrooms.

The handover is the reason to look. Sea Legend One is dated Q4 2026, 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. It is a small building at 65 units despite its height, which keeps internal competition manageable.

The honest read on Sea Legend One is that it is an above-median, view-oriented, near-term building. The premium is defensible if you buy a high floor where the views justify it, and the near-term handover is a genuine plus for a rental investor, but on a lower floor the above-median price is harder to justify against cheaper options on the island. As with any newer developer here, confirm on-site progress and keep a cushion on the date. Buy the floor, not just the building, and Sea Legend One can make sense; buy blind and you may overpay for a mid-level unit.

Sea Legend One is priced from AED 2.4M at AED 2,980 per sq.ft. That is 22% above the Dubai Islands apartment median of AED 2,445, a gap of AED 535 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 1.44M committed across construction and AED 960K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 156K: 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 2026, the building holds 65 units, sized 805 to 3,333 sq.ft, currently selling. View the full listing →