logo
STAMN launches new ‘Nautis Residences' Real Estate Development on Dubai Islands

STAMN launches new ‘Nautis Residences' Real Estate Development on Dubai Islands

Zawya5 days ago
STAMN has now invested more than AED 250 million into Dubai real estate communities
Dubai, United Arab Emirates: STAMN Real Estate Development has announced the launch of Nautis Residences, a new prime residential project on Dubai Islands. The mid-rise development features 63 residences, from one-bed luxury apartments through to exclusive four-bed townhouses. STAMN is rapidly becoming an influential developer in Dubai, with more than AED 250 million (nearly $70 million) invested, three projects under development and a fourth to be announced later in 2025.
Designed by Horizon, Nautis takes inspiration from the waves of the surrounding Arabian Gulf, and will have a range of amenities, including an elegant infinity pool and sundeck, trendy gym, yoga studio, cosy reading garden, and social barbecue facilities. There will also be a separate children's play zone and kids pool to appeal to family buyers.
Dubai Islands is a master development designed by Nakheel, the creators of the Palm Jumeirah, which connects five islands with more than 60 kilometres of waterfront and 20 kilometres of beaches. Dubai Islands is being positioned in the same bracket as the UAE's other iconic island real estate projects, underlining strong future potential.
Speaking at the launch of Nautis Residences, STAMN Chief Executive Officer Zheng Jian said, '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."
He added, "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 realising the potential for capital appreciation."
Nautis Residences will range from AED 1.74 million to more than AED 6.6 million, representing an average price per square foot of AED 2,300. Comparably, off-plan projects on Palm Jumeirah are valued at an average AED 5,809 per square foot, demonstrating clear room for an uplift in valuations as Dubai Islands becomes more established. By Q4 2027, when Nautis residents will be able to move in, many of the biggest projects and destinations on Dubai Islands will also be completed. Sales are now live, with prospective investors also able to benefit from a 40/60 handover payment plan.
Nautis will have a ground floor lobby, two parking levels and eight residential floors. It will be located on a prime plot near to the upcoming Dubai Islands Mall on the closest island to Dubai mainland (Island A) and served by interconnecting bridges. In close proximity, there will be a range of community spaces including retail, leisure, dining, entertainment, hotels and resorts, marinas, education (schools) and healthcare (hospital) facilities.
40/60 Handover Payment Plan - 10% downpayment, 10% on SPA, 1% monthly from January 2026 during the construction period, until handover
Dubai Islands Bridges (Island A) - currently Island A has one bridge currently in use connecting to Dubai mainland, one is under construction and another is under government planning
About STAMN Real Estate Development
Part of an international holding group, STAMN has more than 30 years of international real estate development experience across the Middle East and Asia, developing 4 million square metres with investment totalling over 4.2 billion USD. The award-winning developer has built a robust reputation for quality and service, with a highly experienced leadership team that has developed more than 152 real estate projects over 78 cities. The business invests in talent, encouraging innovation and empowering the real estate leaders of tomorrow. STAMN aims to shape new cities and urban culture through responsibility, integrity, and sustainability.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

11,900 new homes to be delivered in Abu Dhabi by year end, but demand for residential real estate could outstrip supply
11,900 new homes to be delivered in Abu Dhabi by year end, but demand for residential real estate could outstrip supply

Zawya

time30 minutes ago

  • Zawya

11,900 new homes to be delivered in Abu Dhabi by year end, but demand for residential real estate could outstrip supply

Apartment sales dominate, villas gain ground in UAE capital Dubai – Abu Dhabi is set to add 11,900 new homes to its residential real estate inventory by the end of 2025, but population growth and increased investor interest could mean that demand for housing outpaces supply, according to new insight from leading real estate advisory and property consultant, Cavendish Maxwell. The UAE capital delivered 600 new residential properties in Q1 this year, meaning a total 12,500 new homes will come to the market by the end of 2025. Another 7,000 are in the pipeline for Abu Dhabi in 2026, Cavendish Maxwell said. Cavendish Maxwell's latest report on the Abu Dhabi residential real estate sector also shows that in Q1 2025: Sales values reached AED3.7 billion across 1,300 transactions Buyers paid an average AED2.5 million per property – the highest quarterly value since Q1 2022 Apartment prices were up 12.3% on last year, and 4% quarter-on-quarter; villas were 12.5% and 2.4% respectively Ready property transactions increased year-on-year and are most in demand, accounting for 900 transactions worth a total AED2.3 billion Mortgage values hit AED1.7 billion across 800 loans While ready property volumes and values were up compared to the same period last year, they were down quarter-on-quarter, potentially reflecting reduced activity post-festive season and less trading during Ramadan and Eid Andrew Laver, Cavendish Maxwell Associate Director – Abu Dhabi, said: 'The UAE capital is seeing a notable shift towards the secondary residential market, with sustained demand for ready homes and fewer off-plan project launches compared to previous quarters. The average sales transaction reached a record AED2.5 million in Q1, with encouraging signs of broader price appreciation – a trend we expect to continue in the months ahead. Robust bank activity and strong project delivery during the early part of the year underscore the resilience and dynamism of the Abu Dhabi real estate sector.' Transaction trends … There were 1,300 residential real estate transactions in Q1, with sales values reaching AED3.7 billion. The majority – 900 – of these were for ready units, with off-plan properties accounting for 400 deals. Off-plan activity declined year-on-year and quarter-on-quarter, mainly because of fewer off-plan launches. Sales of ready properties increased year-on-year. As would be expected, the reduction in transaction volumes was mirrored by a decline in sales values. Despite the slowdown, the average ticket price on ready sales hit AED2.5 million – the highest recorded value since Q1 2022. … and sales price stats Apartments, villas and townhouses all saw price increases of over 12% year on year. Quarter-on-quarter, apartment prices were up 4.1% and villas/townhouses 2.4%. Buyer activity continues to be driven by growing investor confidence, end-user interest, a stable macroeconomic environment and competitive rental yields. In addition, initiatives from Abu Dhabi Government and developers – including flexible payment plans, infrastructure development, long-term residency options and schemes to enhance quality of life in the capital – are stimulating real estate sales and supporting price growth. Hot locations The biggest prices rise for villas was in Yas Island (15.5% year-on-year, 3.5% quarter-on-quarter), followed by Saadiyat Island (1.0% and 2.3%). Al Reef prices rose 4.4% and 2.6% respectively. Villas and town houses gain ground While apartment sales continue to dominate Abu Dhabi's residential sector, their market share fell year-on-year, indicating a shift towards villas and townhouses, whose market share showed both an annual and quarterly increase. Growing demand for villas and townhouses is largely from end-users, and in particular from families potentially seeking more space, a garden and place to live long-term. More mortgages for villas AED1.7 billion worth of mortgages across 800 individual loans were secured in Q1, with transactions on villas and town houses up almost 60% year-on-year and 3.5% compared to the previous quarter, reinforcing higher demand for these properties and a shift towards end-users. By contrast, there was a decline in mortgage lending for apartments. About Cavendish Maxwell Cavendish Maxwell is one of the Middle East's leading real estate advisory groups and property consultants, with offices in Dubai, Abu Dhabi, Sharjah, Ajman, Kuwait City and Muscat. The company is a member of the Royal Institution of Chartered Surveyors (RICS) and offers a full range of property-related services, including valuation, strategic advisory, research, project and building consultancy and investment and commercial agency expertise. With a team of experienced professionals and a commitment to delivering exceptional service, Cavendish Maxwell has established itself as a trusted advisor in the regional real estate market.

Taaleem Holdings generates higher profits in 9M-24/25; revenues up 18.5%
Taaleem Holdings generates higher profits in 9M-24/25; revenues up 18.5%

Zawya

time30 minutes ago

  • Zawya

Taaleem Holdings generates higher profits in 9M-24/25; revenues up 18.5%

Dubai – Taaleem Holdings logged net profits valued at AED 242.25 million in the first nine months (9M) of fiscal year (FY) 2024/2025, an annual rise of 7.60% from AED 225.19 million. Basic and diluted earnings per share (EPS) amounted to AED 0.24 in 9M-24/25, up year-on-year (YoY) from AED 0.23 at the end of May 2024, according to the financial results. Meanwhile, the revenues surged by 18.50% YoY to AED 984.17 million at the end of May 2025 from AED 830.72 million. Financials for Q3-23/24 In the third quarter (Q3) of FY24/25, Taaleem Holdings generated lower net profits at AED 82.02 million, compared to AED 86.37 million a year earlier. Revenues hiked to AED 335.42 million in Q3-24/25 from AED 282.07 million in Q3-23/24, while the EPS dropped AED 0.08 from AED 0.09. Alan Williamson, CEO of Taaleem Holdings, commented on the group's performance: 'We accelerated investment across our platform, with CAPEX reaching AED 600.30 million, or 61% of operating revenue, as we invested in acquisitions, new schools, and existing schools.' 'This was supported by an increase in total debt to AED 551.20 million, in line with our growth strategy, while our financial position remains strong with net debt at just AED 17.40 million,' Williamson added. 'We have the asset-light acquisition of KFG, poised to benefit from rising demand in the early education segment while maintaining financial prudence. With our acquisitions and expansions on track, we remain firmly focused on expanding our impact across the UAE's education landscape.' All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (

GPSSA enforces late payment penalties on GCC employees starting July 2025
GPSSA enforces late payment penalties on GCC employees starting July 2025

Zawya

timean hour ago

  • Zawya

GPSSA enforces late payment penalties on GCC employees starting July 2025

0.1% of outstanding contributions per day Abu Dhabi: The General Pension and Social Security Authority (GPSSA) urges employers to ensure timely payment of contributions for GCC nationals working in the UAE. These contributions are necessary for employees under the Unified Protection Extension System, which guarantees GCC nationals working in any GCC country to receive the same social security coverage as they would in their home country. Effective 1st July 2025, GPSSA will begin implementing penalties on employers who delay the payment of due contributions for their GCC national employees. These penalties will be applied in accordance with the deadlines specified by federal pension laws in the UAE, and are considered a rightful entitlement of the pension authorities in the employee's home country. Contributions are due on the first day of the month following the period for which they are owed, with a grace period extending until the 15th of that month. For example, contributions for July 2025 must be remitted to GPSSA between 1st August and 15th August, 2025. A daily penalty of 0.1% of the outstanding contributions will be charged for each day of delay, starting from the 16th of the month, without prior warning or notification. This decision activates Article 12 of the Protection Extension System Law and aligns with the outcomes of the 23rd meeting of the Committee of Heads of Civil Retirement and Social Insurance Agencies in GCC countries. This article mandates the pension authority in the host country to pursue delinquent employers and take legal action to collect contributions and penalties on behalf of the employee's home country pension authority. The Protection Extension System is mandatory, under which employees are required to register their GCC national employees in both the government and private sectors and remit contributions according to the insurance system of the employee's home country. The employer's share of contributions should not exceed the employer's contribution share in the host country, with any difference in contributions to be borne by the GCC national employee. The system was established under Cabinet Resolution No. 18 of 2007 to regulate social security protection for GCC nationals working outside their home country within any GCC member state. GPSSA oversees its implementation in the UAE.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store