Luxury waterfront residences could potentially be found on Naia Island, reminiscent of Dubai's expensive coastal properties.
New Super-Luxury Destination in Dubai: Naia Island
Naia Island, a new super-luxury destination in Dubai, is set to offer another option for high net worth property investors. This exclusive island will be home to the region's first 'Cheval Blanc' maison, a brand known for its niche offerings in elite locations such as Paris and St. Tropez.
The Cheval Blanc maison on Naia Island will feature a collection of suites and private villas, each offering private beach access. The development includes approximately 30 suites and 40 private pool villas, designed for unobstructed views of the Arabian Gulf and Dubai skyline.
The homes on Naia Island emphasize privacy, exclusivity, and a connection with nature. They are expected to compete at the highest end of Dubai’s waterfront property market, potentially surpassing the current prices on Jumeira Bay island, which average around Dh4,122 per square foot, making it the priciest waterfront residential area in Dubai today. Top-tier villas on Palm Jumeirah command a premium, with prices ranging between Dh16,000 and Dh18,000 per square foot.
Given branded residences in Dubai often carry up to a 98% price premium over non-branded units, the LVMH-linked Naia Island villas and suites are expected to command prices at or above the Palm Jumeirah upper range.
| Location | Approximate Price per sq ft (AED) | Notes | |--------------------|-------------------------------------------|----------------------------------------------------| | Jumeira Bay | ~4,122 | Currently the priciest waterfront area in Dubai | | Palm Jumeirah | 16,000 – 18,000 | Top-tier villas | | Naia Island (est.) | Likely ≥ Palm Jumeirah range (16,000+) | Branded Cheval Blanc, expected ultra-luxury pricing |
Shamal Holding, the developer of Naia Island, will offer a limited number of branded beachfront residences and estate plots. While the exact prices for the limited-edition homes on Naia Island have not been disclosed yet, their ultra-luxury positioning with the Cheval Blanc brand strongly indicates they will target or exceed Palm Jumeirah’s pricing, significantly above Jumeira Bay’s current average.
Jumeira Bay island continues to set sales records for plot sales, costliest penthouse, and ready homes, according to an estate agent specializing in luxury homes. Naia Island, positioned between Jumeira Bay and Palm Jumeirah, is set to join this exclusive club of high-end waterfront properties in Dubai.
[1] The National [2] Gulf Business [3] Arabian Business [4] Khaleej Times [5] Property Finder
- The upcoming development on Naia Island, with its branded Cheval Blanc residences, is expected to also be covered in news articles regarding the luxury real-estate market in Dubai.
- Dubai's luxury lifestyle will be further enhanced with the addition of Naia Island, offering exclusive properties alongside elite movie and business locations.
- For those interested in investing, Naia Island presents an opportunity to secure a piece of the ultra-luxury real-estate market, with prices potentially surpassing both Jumeira Bay and Palm Jumeirah.
