Wadan Real Estate Development L.L.C

Wadan Real Estate Development is here with Nuvana on Central Island, the built-up core with the deepest resale market on the archipelago. The case is a clean value one: a below-median price in a small, low-competition building.

Nuvana is priced from about AED 1.8M at AED 1,850 per sq.ft, which sits well below the island median of AED 2,445. A per-foot price this low on the best-connected island is the scarcest thing on Dubai Islands, and the AED 1.8M entry keeps it accessible for a first investment or a smaller ticket. Sizes run from around 974 sq.ft up to 2,062, with one to three bedrooms, so the emphasis is on mid-sized units that rent well rather than tight studios or oversized family homes.

It is a small building at 57 units, which adds to the case: a quieter address, faster snagging, 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 Q3 2027, a reasonable near-to-mid horizon, so most of the price is committed by completion.

The honest read on Nuvana is a straightforward value play. It does not have a headline feature and it does not need one: a well-below-median price in a small building on Central Island is exactly the kind of stock that holds up when the wider off-plan wave completes and the portals fill with similar units, because the building that bought in cheapest and smallest has the most cushion. As with any newer developer here, confirm on-site progress and keep a cushion on the date. If your priority is a low, sensible number in a small building on the best-connected island, Nuvana is one to shortlist among the value entries.

Nuvana is priced from AED 1.8M at AED 1,850 per sq.ft. That is 24% below the Dubai Islands apartment median of AED 2,445, a gap of AED 595 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 Q3 2027, the building holds 57 units, sized 974 to 2,062 sq.ft, currently selling. View the full listing →