Weekly Real Estate Rundown №37

Welcome to our weekly roundup of the latest real estate news and property transactions in Dubai. From notable launches to market trends, here's a recap of the most significant developments from the week of March 17th - 21st, 2025.  

Recent Launches:

Palace Villas Ostra at The Oasis

• Location: The Oasis​
• Developer: EMAAR​
• Palace Villas Ostra is a luxurious villa community within The Oasis, offering a blend of modern design and serene surroundings. These villas are designed to provide residents with an upscale living experience, featuring spacious layouts and high-end finishes.​
  
  Bedroom Options: Typically available in 4 and 5-bedroom configurations.​

Bay Grove Residences 3 at Dubai Islands

• Location: Dubai Islands​
• Developer: Nakheel​
• Bay Grove Residences 3 is a contemporary apartment complex located in the vibrant Dubai Islands. The development offers residents modern amenities and stunning views, making it an attractive option for those seeking a dynamic lifestyle.​
  
  Bedroom Options: Offers 1, 2, and 3-bedroom apartments.​

Vivanti Residences

• Location: Jumeirah Village Circle (JVC)​
• Developer: Meteora Developers​
• Vivanti Residences is a modern residential project situated in the heart of JVC. The development focuses on providing affordable luxury with well-designed living spaces and community amenities.​
  
  Bedroom Options: Includes studios, 1-bedroom, and 2-bedroom apartments.

Recent Market Trends This Week:

Dubai Land Department Launches Real Estate Tokenisation Pilot Project: Dubai Land Department (DLD) has introduced the region’s first Real Estate Tokenisation Project, marking a major step in property technology and digital asset investment. This initiative allows fractional property ownership by converting real estate assets into blockchain-based digital tokens, making investment more accessible.

As part of the Dubai Real Estate Sector Strategy 2033, the tokenisation market is projected to reach AED 60 billion by 2033, representing 7% of Dubai’s total property transactions. The project is being developed in collaboration with Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF), reinforcing Dubai’s position as a global hub for virtual assets.

The pilot phase will assess the impact of tokenisation on real estate investment, enhancing market transparency and governance. If successful, the initiative will provide new opportunities for investors, attract global proptech firms, and drive innovation in Dubai’s real estate sector.

La Mazzoni: Luxe Developers Unveils $627M Wellness-Focused Project in Ras Al Khaimah: Luxe Developers has launched La Mazzoni, a $627 million luxury residential development on Al Marjan Island, designed to meet the growing demand for wellness-focused living. As Ras Al Khaimah attracts more ultra-high-net-worth investors, this project integrates health, sustainability, and modern design to offer a holistic lifestyle.

La Mazzoni features over 300,000 sq. ft. of landscaped greenery, rooftop infinity pools, a state-of-the-art spa with hammams and therapy rooms, and dedicated co-working spaces. Residents can enjoy fitness facilities, yoga studios, jogging tracks, and outdoor exercise areas, promoting both physical and mental well-being. The development also includes a library, children’s play areas, and an adventure park, ensuring a balanced environment for all ages.

With its nature-inspired design and exclusive amenities, La Mazzoni offers a unique investment opportunity in the UAE’s booming luxury real estate market.

Serenia Living on Palm Jumeirah Nears Completion, Set for 2025 Handover: Palma Development’s AED 3 billion Serenia Living project on Palm Jumeirah has reached 70% completion, with handover expected by the end of 2025. This exclusive beachfront development features 226 luxury residences, including two-, three-, and four-bedroom apartments, penthouses, and a Sky Mansion.

Designed to redefine upscale waterfront living, Serenia Living offers world-class amenities such as a resort-style swimming pool, a state-of-the-art gym, indoor and outdoor children’s play areas, and direct beach access. With construction progressing on schedule, this development is poised to set a new benchmark for luxury beachfront residences in Dubai.

As the week comes to a close, Dubai's real estate market continues to showcase resilience, innovation, and investment opportunities. Stay tuned for more updates and insights as we track the dynamic developments in Dubai's property landscape.