Dubai · Area Investment Guide

Dubai Islands: Prices, Yields & Investor Guide

Dubai Islands is a freehold waterfront development by Nakheel off the Deira coastline in northern Dubai. The master plan spans roughly 17 sq km across five islands, and early-2026 transaction data already puts it among the busiest areas in the city.

Dubai Islands, Dubai
AED 3,000+
Projected price/sqft by late 2026
7–9%
Projected gross rental yield
Freehold
Foreign ownership eligible
20 min
To Dubai International Airport

Off-plan properties in Dubai Islands

Live off-plan projects in Dubai Islands with full pricing, floor plans and payment plans. Tap through for the detail on any one.

Rena

Rena

Avenew Developments

From AED 14M

Azizi Wasel

Azizi Wasel

Azizi Developments

From AED 1.7M

Beach Walk Grand 2

Beach Walk Grand 2

Imtiaz

From AED 2.3M

Bay Villas

Bay Villas

Nakheel

From AED 4M

Cotier House

Cotier House

Imtiaz

From AED 2.6M

Ellington Cove

Ellington Cove

Ellington Properties

From AED 2.2M

At a glance

Nakheel (Dubai Holding Real Estate)Developer
Off the Deira coastline, North DubaiLocation
17 sq km across 5 islandsTotal area
~50 kmCoastline added
80+Planned hotels
30,000+Planned residences
Freehold (foreign nationals eligible)Ownership
Under development, phased delivery to 2030Status

What is Dubai Islands?

Dubai Islands is a five-island waterfront master development by Nakheel, positioned just off the Deira coastline and spanning roughly 17 square kilometres. It replaces the earlier Deira Islands plan with a denser, more lifestyle-led vision built around beaches, marinas, hotels and mixed-use residential districts.

For buyers, the appeal is straightforward: freehold beachfront in a Nakheel master plan, priced well below established islands like Palm Jumeirah, at a point in the delivery cycle where infrastructure is arriving and prices are still climbing. That combination of location, developer backing and entry price is what has pushed transaction volume so high this early.

The caution is the same as any developing district. Delivery runs in phases to 2030, so individual buildings and pockets will mature at different rates, and unit selection matters more than the area average.

The master plan

Dubai Islands (formerly Deira Islands, rebranded 2022) spans five interconnected islands across roughly 17 sq km, master-planned by Nakheel with ~49,000 planned homes.

Dubai Islands master plan

Central Island

The main hub: the highest density of residences and retail, and the primary beachfront promenade.

New launches in Dubai Islands

Project Developer Type From Payment Handover
Azura Residences Nakheel Apartments AED 1.5M 60/40 Q2 2026
Bay Grove Residences Nakheel Apartments AED 1.85M 70/30 Q1 2028
Bay Villas Nakheel Villas & townhouses AED 4M 80/20 Q2 2027
Flora Isle Nakheel Apartments AED 1.75M 40/60 Q1 2028
Soma Residences Nakheel Apartments AED 1.53M 50/50 Q4 2028
Cheval Residences Nakheel Apartments AED 2.8M 60/40 Q1 2029
Rixos Hotel & Residences Nakheel Branded residences AED 2.6M , Q4 2026
Beach Walk Residences Imtiaz Apartments AED 2.2M , ,
Haven Bay Metac Apartments & duplexes AED 1.3M , Q2 2026
Mackerel Tower Tarrad Apartments AED 1M , Q1 2026

Live launches move fast. Prices are "from" figures and availability changes weekly, so confirm the current release and payment plan with us before you commit. Sourced from developer listings and public portals, mid-2026.

Prices & market data

StudioAED 1,000,000AED 2,527 / sqft
1-bedroomAED 1,500,000AED 2,527 / sqft
2-bedroomAED 2,500,000AED 2,527 / sqft

Price per sqft vs comparable areas

Dubai IslandsAED 2,527
Palm JumeirahAED 4,860
Jumeirah Bay IslandAED 9,000

Prices on Dubai Islands are forecast to cross AED 3,000/sqft by late 2026, still a significant discount to Palm Jumeirah and Jumeirah Bay Island. That gap is the core of the value argument: comparable beachfront, earlier in the curve.

Source: DXBInteract and Property Monitor, Q1 2026, verify before publish

The investment case

#4 in Dubai
Transaction volume ranking, early 2026
DXBInteract, Jan–Mar 2026
AED 3,000+
Projected price/sqft by late 2026
Market analysis, 2026
7–9%
Projected gross rental yield on completion
Property Monitor, 2026

Rental yield potential

Projected gross yields of 7 to 9 percent on completion sit above the Dubai average, helped by beachfront demand and a limited early supply of finished stock. As with any off-plan area, the yield you actually achieve depends on the building, the unit and the handover timing.

Capital appreciation outlook

The value case rests on the price gap to Palm Jumeirah and Jumeirah Bay. As infrastructure completes and the islands fill in, that discount is expected to narrow, which is where the capital growth argument comes from. It is a multi-year hold, not a flip.

Freehold & Golden Visa eligibility

Dubai Islands is a designated freehold zone, so foreign buyers own outright. A purchase of AED 2 million or more can also qualify for the 10-year Golden Visa, which is a meaningful pull for overseas investors buying for both returns and residence.

Amenities & lifestyle

Beaches & waterfront

  • 20 km+ of beaches, including a Blue Flag-certified beach
  • A dedicated surf park
  • 60 km+ of waterfront promenade

Parks & recreation

  • Around 2 km of parks and open space
  • Premium golf course on Golf Island
  • Cycling and running tracks along the coast

Hotels & resorts

  • 80+ hotels and resorts planned
  • Rixos, Hotel RIU Dubai and Centara Mirage already operational
  • Resort-style branded residences

Retail & dining

  • Souk Al Marfa open with 7,000+ outlets
  • Dubai Islands Mall and Deira Mall under construction
  • Waterfront restaurants and cafés

Marinas & water transport

  • Two marinas with berths
  • Water taxis and ferry connections
  • Direct sea access for boats and cruises

Community & essentials

  • Schools and nurseries planned across the islands
  • Clinics and healthcare facilities
  • Gated, managed communities

Connectivity

20 minDubai International Airport
24 minDowntown Dubai
33 minBusiness Bay
30 minDIFC
20 minPalm Jumeirah
10 min driveGold Souq Metro Station

Three bridge links connect the islands to the Al Shindagha Corridor and the mainland road network, with further road upgrades under way to cut journey times. Treat delivery timelines as to-be-confirmed.

A look around Dubai Islands

Latest updates

  1. Q1 2026

    Among Dubai's busiest areas by volume

    Dubai Islands recorded roughly 1,285 sales in the first weeks of 2026, ranking around #4 in Dubai by transaction volume (DXBInteract).

  2. 2026

    Souk Al Marfa now open

    The waterfront Souk Al Marfa is operational with 7,000+ retail outlets, while Deira Mall and the Night Souk remain under construction.

  3. Q2 2026

    First handovers begin

    Early projects including Azura Residences and Haven Bay are scheduled to hand over from Q2 2026, with Mackerel Tower targeting Q1 2026.

  4. Q4 2026

    Rixos Dubai Islands nears completion

    The Rixos-branded hotel and residences are scheduled for handover in Q4 2026, adding resort-branded stock to the islands.

  5. Ongoing

    New road links under way

    Bridge connections to the Al Shindagha Corridor are being delivered to cut journey times to the mainland.

Development moves fast here. We refresh this section regularly; dates are indicative and should be confirmed with the developer.

Totality’s view

Dubai Islands is one of the clearer value-asymmetry plays in the market right now. You are buying beachfront, freehold, Nakheel-backed real estate at roughly half the per-square-foot price of Palm Jumeirah, at a point where the infrastructure is still arriving.

The trade-off is time and selection. This is a phased build to 2030, so the pocket you buy in and the specific building matter more than the headline area figure. We would weight developer track record and the handover schedule heavily, and treat the projected yields as a completion-stage number, not a day-one one.

Dubai Islands — frequently asked questions

Yes. Dubai Islands is a designated freehold zone, so foreign nationals and expatriates can buy with full legal ownership and no restriction on nationality.