Marea Residences

Marea Residences is a boutique residential tower by Sharafi Development, positioned on Palm Deira, now formally known as Dubai Islands, offering 67 semi-furnished apartments across a single building currently under construction.

# The tower and its place on Dubai Islands

Palm Deira occupies a cluster of five man-made islands extending into the Arabian Gulf along Dubai's northern coastline, a large-scale masterplan that intends to add significant beachfront and waterfront land to the city's residential inventory. The project sits within this emerging geography at an early stage: construction progress across the broader island group remains measured, which means buyers here are acquiring ahead of an area that has yet to reach its full built form.

Marea itself is a compact development by Dubai standards. Sixty-seven units across a single building gives it a boutique character that distinguishes it from the large-scale residential towers common elsewhere on the city's waterfront. That scale is a deliberate architectural and commercial choice, one that tends to produce quieter lobbies, more manageable service environments and a stronger sense of community among residents.

# Residences, layouts and sizes

The unit mix runs from one-bedroom apartments to large three-bedroom residences, with one-bedrooms entering at 1,322 sq ft and priced from AED 2.75 million. Two-bedroom apartments form the majority of the building and span a wide range, from compact configurations of around 1,237 sq ft to considerably larger formats reaching approximately 3,519 sq ft, with prices in that upper bracket ranging from AED 8.25 million to AED 8.9 million. Three-bedroom residences sit at the top of the stack, with sizes between 3,546 and 3,563 sq ft and prices from AED 8.54 million to AED 9.14 million.

All residences are semi-furnished. Private balconies are standard, and select units include jacuzzis on the outdoor terrace. High ceilings and expansive glazing are confirmed features of the specification, oriented to bring natural light through the floor plans and frame views of the surrounding waterfront context.

The service charge is set at AED 20 per sq ft annually, a figure relevant to buyers calculating total holding costs, particularly for the larger two-bedroom and three-bedroom formats where that rate translates to a meaningful annual commitment.

# Amenity provision across the building

The building's shared facilities include an infinity pool, a spa and wellness studio, a gym studio, and a lounge. Private balconies and jacuzzis are incorporated at the residence level rather than pooled as shared infrastructure, which meaningfully increases the usable private outdoor space per unit.

The amenity list is focused rather than exhaustive. For a 67-unit building, the provision is proportionate: a broad amenity package in a tower this size would dilute the boutique positioning rather than reinforce it.

# Palm Deira and the northern coastal corridor

Dubai Islands occupies a coastline position north of Deira, connected to the mainland via road infrastructure linking back into the broader city network. The islands sit broadly between the established urban grain of old Dubai and the newer northern development corridors, giving residents physical proximity to both Deira's commercial density and the open waterfront.

As an area, it carries both the appeal and the uncertainty typical of large infrastructure-led masterplans at this stage of delivery. The surrounding context will shift considerably as the islands develop, and buyers are effectively taking a position on the trajectory of that transformation.

# The buyer profile this project suits

Marea appeals most directly to buyers drawn to waterfront living at a scale smaller than the dominant super-towers, with enough flexibility in the pricing range to accommodate both entry-level luxury buyers and those seeking larger, more expensive formats in the same building.

The pricing entry point of AED 2.75 million for a one-bedroom above 1,300 sq ft sits competitively against other new waterfront product in Dubai, particularly given the floor area on offer. The upper end of the range, at just over AED 9 million for a three-bedroom exceeding 3,500 sq ft, reflects a different calculus entirely: large-format waterfront space that would command a significant premium in more established Dubai addresses.

For international buyers, Palm Deira represents a long-horizon commitment. The island group is years from full completion, and the area lacks the established infrastructure of Palm Jumeirah or Dubai Marina. Those tolerant of that development timeline, and willing to price in the uncertainty, acquire at a point before the geography has been fully repriced.