Regent Developments

Regent Developments is here with 241 Waterside on Central Island, the built-up core with the deepest resale market on the archipelago. The case is a value one, and it comes with a slightly different unit profile than most: 241 Waterside skips the compact studio and starts at two bedrooms.

On price it is good value. 241 Waterside is from about AED 1.8M at AED 1,890 per sq.ft, which sits well below the island median of AED 2,445. A below-median per-foot price on the best-connected island is the scarcest thing on Dubai Islands, and here it comes on larger, more livable units. Sizes run from around 953 sq.ft up to 1,583, with two to three bedrooms only, so this is aimed at a buyer who wants a proper home rather than the tightest possible investor unit. That is an unusual and sensible pitch: value pricing on family-sized layouts.

It is a small building at 63 units, which adds a quieter address and far less internal competition when you come to rent or sell. The payment plan is a balanced 50/50, 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 241 Waterside is a clean value play with a family tilt. A below-median price on two and three bedroom homes in a small building on Central Island is a genuinely sensible combination, and it suits an end-user or a value investor who wants a larger, more rentable unit rather than a compact studio. The Q2 2028 handover is the main thing to weigh, so buy it as a patient hold. As with any newer developer here, confirm on-site progress and keep a cushion on the date. On price and unit profile, 241 Waterside is one of the more sensible value entries for a buyer who wants space.

241 Waterside is priced from AED 1.8M at AED 1,890 per sq.ft. That is 23% below the Dubai Islands apartment median of AED 2,445, a gap of AED 555 per foot, which puts it in the cheapest quarter of island pricing. On its 50/50 payment plan, that entry price splits into about AED 900K committed across construction and AED 900K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 117K: 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 953 to 1,583 sq.ft, currently selling. View the full listing →