Amirah Developments, a new entrant in Dubai’s property scene, has announced its first project, Bonds Avenue, on Dubai Islands. Offering a mix of apartments, townhouses, triplexes, and penthouses, the project caters to luxury homebuyers with flexible payment options. This comes as UAE real estate assets surpass $861 billion, reflecting strong market momentum.
Highlights:
- Bonds Avenue launched by new developer Amirah Developments on Dubai Islands
- Project offers 1, 2, and 3-bedroom apartments, 4-bedroom penthouses, and 3-bedroom townhouses/triplexes
- Unit sizes range from 810 sq ft to 4,416 sq ft
- Prices start from AED 1.63 million ($444,000) to AED 9.95 million ($2.7 million)
- Located 10 minutes from Dubai International Airport with Arabian Gulf views
- 60/40 payment plan: 20% on booking, 40% during construction, 40% on handover in January 2027
- Launch aligns with 41% surge in off-plan sales in H1 2024
- UAE real estate sector asset value exceeds AED 2.5 trillion ($681 billion)
- 2024 property transactions hit AED 893 billion ($243.1 billion) across 331,300 deals
- Demand strong for waterfront and luxury properties, driven by HNWIs and international investors
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