The project
About Orvessa Residences by Michel Adam
Ras Al Khaimah developer BNW Developments unveiled Orvessa Residences at Grand Hyatt Dubai in April 2026, its first project in Dubai and its sixth overall.
The building is a collaboration with Michel Adam Lisowski, founder of FashionTV, and offers a limited collection of around 92 one- to three-bedroom apartments.
Al Furjan places residents between Sheikh Zayed Road and Mohammed Bin Zayed Road, with metro stations close by and wellness amenities including a gym, sauna, steam room and rooftop deck.
At a glance
Orvessa Residences by Michel Adam key facts
- Developer
- BNW Developments
- Community
- Al Furjan
- Status
- Launched
- Handover
- Q3 2028
- Starting price
- AED 1.27M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Orvessa Residences by Michel Adam
- 01
Shortlist and reserve
Choose a unit type and view at Orvessa Residences by Michel Adam and secure it with the booking deposit.
- 02
Sign the SPA
BNW Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q3 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- First Dubai project from BNW Developments
- Design collaboration with FashionTV founder Michel Adam
- Boutique scale of roughly 92 residences near metro links
What to weigh
- Sources disagree on the payment plan (70/30 and 50/50 both cited), so it is omitted here.
- Starting price and handover come from listing portals rather than official releases; confirm with BNW.
- Al Furjan is an established mid-rise neighbourhood rather than a waterfront address, which shapes rental and resale expectations.
FAQ
Orvessa Residences by Michel Adam — frequently asked questions
What is the starting price of Orvessa Residences by Michel Adam?
Published pricing at Orvessa Residences by Michel Adam starts from AED 1.27M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Orvessa Residences by Michel Adam?
Orvessa Residences by Michel Adam is scheduled for handover in Q3 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Orvessa Residences by Michel Adam?
Orvessa Residences by Michel Adam is developed by BNW Developments in Al Furjan, Dubai.
What unit types are available at Orvessa Residences by Michel Adam?
Orvessa Residences by Michel Adam offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Orvessa Residences by Michel Adam located?
Orvessa Residences by Michel Adam is in Al Furjan, Dubai.
Can foreigners buy at Orvessa Residences by Michel Adam?
Yes. Al Furjan is a freehold area, so buyers of any nationality can own property at Orvessa Residences by Michel Adam outright.
Does buying at Orvessa Residences by Michel Adam qualify for the UAE Golden Visa?
The entry price of AED 1.27M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Orvessa Residences by Michel Adam?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 51K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Orvessa Residences by Michel Adam?
MRK Real Estate advises on primary purchases and resales at Orvessa Residences by Michel Adam. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with BNW Developments before any transaction.
