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About MAREA Residences
MAREA Residences is a Sharafi Development apartment project on Dubai Islands, launched in November with a post-handover payment structure.
Apartments start around AED 2.87M, with 30% of the price payable after handover.
Completion is slated for Q3 2027.
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
70/30 — 70% through handover, 30% post-handover
At a glance
MAREA Residences key facts
- Developer
- Sharafi Development
- Community
- Dubai Islands
- Status
- Launched
- Handover
- Q3 2027
- Starting price
- AED 2.87M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 70/30
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 2.87M. Amounts scale with the unit you choose.
At this price the purchase meets the AED 2M threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at MAREA Residences
- 01
Shortlist and reserve
Choose a unit type and view at MAREA Residences and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Sharafi Development 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 2027), 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
- Post-handover payment component
- Waterfront island address
What to weigh
- Limited independent coverage so far
- Higher entry price than neighbouring launches
FAQ
MAREA Residences — frequently asked questions
What is the starting price of MAREA Residences?
Published pricing at MAREA Residences starts from AED 2.87M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of MAREA Residences?
MAREA Residences is scheduled for handover in Q3 2027. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for MAREA Residences?
70/30 — 70% through handover, 30% post-handover
Who is the developer of MAREA Residences?
MAREA Residences is developed by Sharafi Development in Dubai Islands, Dubai.
What unit types are available at MAREA Residences?
MAREA Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is MAREA Residences located?
MAREA Residences is in Dubai Islands, Dubai.
Can foreigners buy at MAREA Residences?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at MAREA Residences outright.
Does buying at MAREA Residences qualify for the UAE Golden Visa?
Units at MAREA Residences start at AED 2.87M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at MAREA Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 115K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at MAREA Residences?
MRK Real Estate advises on primary purchases and resales at MAREA 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 Sharafi Development before any transaction.
