Shakirov Developments L.L.C

Shakirov Developments is here with Blue Marina Residence on Central Island, the built-up core with the deepest resale market on the archipelago. The positioning is in the name, a marina-oriented building, and it is priced just above the island median with a wide unit range.

Blue Marina is priced from about AED 1.7M at AED 2,540 per sq.ft, which sits just above the island median of AED 2,445. That is a fair mid-market rate rather than a clear premium, and the AED 1.7M entry keeps the smaller units accessible. Sizes run from around 670 sq.ft up to 3,558, with one to four bedrooms, so it spans the compact investor unit and a genuinely large family apartment, a wide range that helps resale liquidity.

It is a mid-to-large building at 125 units, which brings a broader amenity base and a more resilient service charge, but also more internal competition than a small building, so the specific line and floor you pick matters when you come to rent or sell. The payment plan is a balanced 50/50, standard for the islands, with handover dated Q4 2027, a reasonable near-to-mid horizon.

The honest read on Blue Marina is that it is a fairly-priced, marina-positioned building with good size flexibility. A just-above-median price on Central Island is a reasonable entry, the marina positioning gives the rental listing something to say, and the wide size range means there is a buyer for every unit at resale. The main thing to manage is the 125-unit scale, so pick a standout position rather than a middle-of-the-stack unit. As with any newer developer here, confirm on-site progress and keep a cushion on the date. For a buyer who likes the marina angle and wants a fair price with size options, Blue Marina is a reasonable choice.

Blue Marina Residence is priced from AED 1.7M at AED 2,540 per sq.ft. That is 4% above the Dubai Islands apartment median of AED 2,445, a gap of AED 95 per foot, which puts it in the upper half of island pricing. On its 50/50 payment plan, that entry price splits into about AED 850K committed across construction and AED 850K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 111K: 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 Q4 2027, the building holds 125 units, sized 670 to 3,558 sq.ft, currently selling. View the full listing →