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About Azura Residences
Azura Residences is a waterfront building by Invest Group Overseas on Dubai Islands, offering one- to three-bedroom apartments and two- and three-bedroom penthouses.
Starting prices are cited at around AED 1.5M; the most common description is 60% during construction and 40% on handover, though some brokers show post-handover variants.
The original handover target was Q2 2026; construction progress was reported at about 27% in late 2025, so completion is likely later.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
Payment
Payment plan
60/40 — 60% during construction, 40% on handover
At a glance
Azura Residences key facts
- Developer
- Invest Group Overseas (IGO)
- Community
- Dubai Islands
- Status
- Under construction
- Handover
- Q2 2026
- Starting price
- AED 1.5M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 2 Bedroom Penthouse, 3 Bedroom Penthouse
- Payment plan
- 60/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.5M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Azura Residences
- 01
Shortlist and reserve
Choose a unit type and view at Azura Residences and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Invest Group Overseas (IGO) 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 Q2 2026), 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
- Beachside Dubai Islands address
- Penthouse options
- Construction-weighted plan
What to weigh
- Original Q2 2026 handover appears to have slipped
- Payment plan details differ between sources
- Initial inventory reported as sold out
FAQ
Azura Residences — frequently asked questions
What is the starting price of Azura Residences?
Published pricing at Azura Residences starts from AED 1.5M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Azura Residences?
Azura Residences is scheduled for handover in Q2 2026. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Azura Residences?
60/40 — 60% during construction, 40% on handover
Who is the developer of Azura Residences?
Azura Residences is developed by Invest Group Overseas (IGO) in Dubai Islands, Dubai.
What unit types are available at Azura Residences?
Azura Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 2 Bedroom Penthouse, 3 Bedroom Penthouse.
Where is Azura Residences located?
Azura Residences is in Dubai Islands, Dubai.
Can foreigners buy at Azura Residences?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at Azura Residences outright.
Does buying at Azura Residences qualify for the UAE Golden Visa?
The entry price of AED 1.5M 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 Azura Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 60K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Azura Residences?
MRK Real Estate advises on primary purchases and resales at Azura Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Invest Group Overseas (IGO) before any transaction.
