Innovate Living Secures Waterfront Plots on Dubai Islands for $400M Ultra-Luxury Developments
Tuesday, 11 March 2025
Innovate Living has acquired prime waterfront plots on Dubai Islands, marking a significant step in its AED 1.4 billion ($400 million) development pipeline. The acquisition reinforces the company’s commitment to delivering next-generation ultra-luxury residences in Dubai’s evolving real estate market.
Key Highlights:
- Prime Waterfront Location – Situated on Dubai Islands, a fast-emerging luxury destination with 20km of beaches, parks, and golf courses.
- Strategic Investment – Part of Innovate Living’s AED 1.4 billion development pipeline, capitalizing on Dubai’s premium waterfront real estate.
- Ultra-Luxury Residences – Designed with a focus on exclusivity, sophistication, and high-end living.
- Enhanced Connectivity – Supported by major infrastructure developments, including new bridges providing direct access to key Dubai locations.
- Market Growth Potential – Dubai’s real estate market saw a record-breaking AED 522.5 billion ($142.3 billion) in transactions in 2024, with prime property values projected to rise by up to 9.9% in 2025.
- Long-Term Vision – Aligns with the Dubai 2040 Urban Master Plan, ensuring sustained appreciation of land and property value.