STAMN Real Estate Development, an independent overseas subsidiary of New Bay Holdings, has unfolded Nautis Residences, a residential development on Dubai Islands.
The development includes 63 residences, from one-bed luxury apartments to exclusive four-bed townhouses. The project, designed by Horizon, is inspired by the panoramic waves of Arabian Gulf.
Nautis Residences will feature an array of cutting-edge amenities such as an elegant infinity pool and sundeck, trendy gym, yoga studio, cozy reading garden, social barbecue facilities, a separate children’s play zone and kids pool, ensuring enhanced experience for families.
Zheng Jian, Chief Executive Officer of STAMN, commented that, “We’re privileged to launch Nautis Residences on the incredible Dubai Islands, which we believe is a master development that will rival the Palm Jumeirah for popularity in the coming years. Nautis is elegantly designed and we anticipate strong demand for this limited collection of residences. Overall, Dubai Islands represents robust value for money in terms of price per square foot, especially given its proximity to Dubai Downtown, tourist attractions and international airports. With world-class dining destinations, yacht marinas and championship golf courses on the doorstep, investors are quickly realizing the potential for capital appreciation.”
Ranging from $0.47 million (AED 1.74 million) to over 1.80 million (AED 6.6 million), Nautis Residences offers luxury living experience for an average of $626.19 (AED 2,300) per square foot. Off-plan projects on Palm Jumeirah are valued at an average $1581.54 (AED 5,809) per square foot, highlighting clear room for an uplift in valuations as Dubai Islands evolves.
By Q4 2027, Nautis Residences will be completed for the residents to move in. Many other biggest projects and destinations on Dubai Islands will also be completed by 2027. Sales are now open, with prospective investors also able to benefit from a 40/60 handover payment plan.
Nautis will feature a ground floor lobby, two parking levels and eight residential floors. The development will be strategically located on a key plot near to the upcoming Dubai Islands Mall on the closest island to Dubai mainland (Island A) and served by interconnecting bridges.
There will be several community spaces in close proximity including retail, leisure, dining, entertainment, hotels and resorts, marinas, schools and healthcare facilities.
STAMN is establishing itself as an influential developer in Dubai with more than $68.06 million (AED 250 million) investments, three projects are currently underway and the fourth one is set to be launched in late 2025.
