Dubai's Latest Luxury Developments Include Man-Made Islands and Rooftop Opera Pavilions

The city's booming real estate market has seen rising demand for branded residences in particular.

Dubai's real estate market ended 2022 on a high note and the boom has continued so far this year with an influx of affluent foreign buyers eyeing high-end properties in the desert city.

Total transaction volume in Dubai's residential market reached 9,229 in January, marking a growth of 69.2% compared to a year ago, according to a report by real estate group CBRE. Average residential prices in the city grew by 10.6% in the year through January, with average apartment prices up by 10.3% and average villa prices increasing by 12.9%, according to the report.

DAMAC Bay by Cavalli, Dubai International Marine Club, Dubai Harbour

Located on the highly sought-after Dubai Harbour, DAMAC Bay by Cavalli is a 42-story, three-tower luxury residential project where residents will have views of the pristine Arabian Sea and the iconic man-made island Palm Jumeirah.

The project features interiors designed by Cavalli, an Italian fashion firm that is known for its bold design style. The development boasts a marine theme with decors featuring seashells, pearls and zebrafish patterns, along with an exterior that pays homage to serene ocean waves. All 736 units across the three towers offer sea views.

The highlight of the project is a grand water fountain located in the central tower. Synced to opera music, the enormous fountain provides a water show that can be enjoyed from residents' homes or from miles away.

Future residents of DAMAC Bay will enjoy access to a white-sand private beach, an exclusive Cavalli-branded resident lounge, infinity pools and a water maze. Many high-end restaurants and stores are also within walking distance.

Sales of DAMAC Bay by Cavalli's towers A and B were launched in January, while tower C kicked off sales in February.

Number of Units: 736

Price: From AED 2.9 million (US$789,600) to AED 9.6 million

Developer/Architect: DAMAC Properties/Killa Design

Unit Sizes: One-, two- and three- bedroom apartments, and three-, four- and five-bedroom duplexes

Amenities: A white-sand private beach, three infinity pools, a fitness center, a resident clubhouse, a rooftop opera pavilion, a water fountain and a water maze.

Baccarat Hotel & Residences, Burj Khalifa Boulevard, Downtown Dubai

Offering uninterrupted views of some of the iconic attractions in Dubai—the world-renowned Burj Khalifa, the Dubai Frame, Al Fahidi Fort and the Dubai Creek—Baccarat Hotel & Residences will be the first location in the United Arab Emirates for the New York-based hospitality brand that originated from the 250-year-old Baccarat crystal brand.

The Baccarat branded project will be situated in an angular-formed, two-towered building that features glimmering glass facades decorated with Baccarat crystal. The project will host 144 hotel rooms and suites, 49 Baccarat branded residences, and four food and beverage outlets.

With easy access to both the new and the old Dubai, and in close proximity to Dubai Mall and the Dubai International Financial Centre, commonly known as DIFC, future residents at Baccarat will live in close proximity to fashion, art, food and entertainment.

The project is owned by Shamal Holding, a diversified investment firm in Dubai, and will be developed by H&H Development with the New York-based architectural firm Studio Libeskind and interior design studio, 1508 London.

The project was launched in February and is slated to complete in 2026.

Number of Units: 49

Price: Starting from AED 15.6 million

Developer/Architect: H&H Development/Studio Libeskind

Unit Sizes: Two-, three-, four- and five-bedroom apartments

Amenities: Concierge service, a gym, hot tubs, a kids club, meeting rooms, onsite restaurants, a sauna and steam room, a pool and video security

SO/ Uptown Dubai Residences, First Al Khail Street, Uptown Dubai

Located at the heart of "new Dubai," SO/ Uptown Dubai Residences takes up the top 28 floors of the 340-meter-tall, 81-story Uptown Tower, which is the first tower to be built within the Uptown Dubai district.

The project will be the first residence in the Middle East under hospitality giant Accor's new, style-focused SO/ brand. Home buyers can choose from 227 high-end homes, in a range of layouts, including one-, two- and three-bedroom apartments, as well as four-bedroom duplexes and penthouses.

Designed by Chicago-based architecture firm Adrian Smith + Gordon Gill, all units at SO/ Uptown Dubai Residences have views of the Dubai skyline and the modern elegance that comes with all SO/-branded properties.

Residents will have access to an indoor pool, a gym, a kids club, a sky lounge and a multipurpose hall that also serves as a private cinema. They will also enjoy membership in the AccorHotels' exclusive Le Club privileges program.

SO/ Uptown Dubai Residences launched sales in late February.

Number of Units: 227

Price: Starting from AED 1.7 million

Developer/Architect: Accor Group/Adrian Smith + Gordon Gill Architecture

Unit Sizes: One-, two- and three-bedroom apartments, and four-bedroom duplexes and penthouses

Amenities: MIXO residence lounge with resident DJ, a resident's lobby, a gym, a spa, a private cinema, an indoor swimming pool with relaxation cabanas, a hot tub and a separate kids pool

Lanai Islands, Sheikh Zayed Bin Hamdan Al Nahyan Street, Dubai Sports City

Lanai Islands is the latest addition to the Tilal Al Ghaf community, which will include 6,500 freehold apartments, townhouses, bungalows and luxury villas upon completion.

Once finished in 2026, Lanai Island will be the first of two private islands in Tilal Al Ghaf and will feature 13 new seven- and eight-bedroom ultra-luxury mansions designed in collaboration with South African architecture studio SAOTA, and Kelly Hoppen, an award-winning London-based interior designer.

Lanai Islands sits on a private island in the middle of the Lagoon Al Ghaf, a 70,000-square-meter (754,000 square feet) swimming lagoon, with 400 meters of beachfront and 1.5 kilometers of waterfront.

Additional facilities within the Tilal Al Ghaf community include retail units, a boutique hotel, a health clinic, three nurseries for kids, and three residents clubs overlooking Lagoon Al Ghaf.

Lanai Islands launched sales earlier this year, and two of the most expensive mansions have already been sold for AED 91 million and AED 90.1 million.

Number of Units: 13

Price: Starting from AED 65 million

Developer/Architect: Majid Al Futtaim Properties/SAOTA

Unit Sizes: Seven- and eight-bedroom mansions

Amenities: Lagoon Al Ghaf with a private man-made beach, waterfront parks, outdoor recreation/fitness spaces, a community center

The Residence at Burj Khalifa, Sheikh Mohammed bin Rashid Boulevard, Downtown Dubai

Located in the middle of Dubai's most iconic landmarks, Burj Khalifa and The Dubai Fountain with direct access to Dubai Mall, future residents will be right next to the city's attractions, restaurants and cafes, high-end fashion boutiques and more.

The Residence at Burj Khalifa offers 35 ultra-luxury homes in three- to seven-bedroom layouts. Each residence will come with a balcony, from where future homeowners will be able to enjoy a stunning view of the iconic Dubai attractions. All units also come with a staff's room, open and wet kitchens, and a wine cellar. Some residences will also include an office, billiards, a gaming room and formal and informal living rooms. All 49 units feature views of the sea, contemporary interior designs and premium finishes.

Future owners will have round-the-clock concierge services, a rooftop infinity swimming pool, poolside cabanas, a grand residential lobby, a gymnasium with a training studio, secured underground parking and valet service.

With direct access to Dubai Mall from inside the building, residents can access 1,200 retail outlets and 200 international dining experiences, as well as a wide range of entertainment from their doorsteps.

The Residence at Burj Khalifa launched sales earlier this year.

Number of Units: 35

Price: Starting from AED 15.9 million

Developer: Emaar Properties

Unit Sizes: Three-, four- and five-bedroom apartments and seven-bedroom penthouses

Amenities: Concierge services, a rooftop infinity pool, a poolside cabana, a gym with a training studio, valet service, a business center and direct access to Dubai Mall

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