Sharafi Real Estate Development L.L.C

Sharafi Real Estate Development is here with Marea on Central Island, and it is one of the more distinctive value propositions on the island because of its unit profile: Marea is built around large, spacious homes at a low per-foot rate. It skips the compact studio entirely, offering one and two bedroom layouts that are unusually generous in size.

The value is clearest in the numbers. Marea is priced at AED 1,815 per sq.ft, well below the island median of AED 2,445, from about AED 2.4M. The higher entry ticket reflects the large unit sizes, which run from around 1,322 sq.ft up to 3,563 for just one and two bedrooms, so these are spacious homes rather than tight investor boxes. A below-median per-foot rate on large, livable units on Central Island, the built-up core with the deepest resale market, is a scarce and sensible combination for an end-user who wants space without paying a premium rate.

The handover is a plus. Marea is dated Q2 2027, which is near-term by island standards, so you reach completion sooner. On a soft 40/60 plan, most of the price is deferred to handover, which keeps more of your capital free until the building is real, a good pairing with the near-term date. It is a small building at 68 units, which adds a quieter address and less internal competition.

The honest read on Marea is that it is value for a space buyer. The AED 2.4M entry looks like a lot until you see it buys a large, generously-sized home at a below-median per-foot rate with a soft plan and a near-term handover. If you want room to live rather than the cheapest ticket, Marea is one of the more sensible options on Central Island. If you want a compact, cheap-entry investor unit, the large layouts and higher absolute price are not aimed at you. As with any newer developer here, confirm on-site progress and keep a cushion on the date.

Marea is priced from AED 2.4M at AED 1,815 per sq.ft. That is 26% below the Dubai Islands apartment median of AED 2,445, a gap of AED 630 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 960K committed across construction and AED 1.44M 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 Q2 2027, the building holds 68 units, sized 1,322 to 3,563 sq.ft, currently selling. View the full listing →