Innovate Living Secures Prime Waterfront Plots on Dubai Islands for AED 1.4 Billion Ultra-Luxury Development
Dubai, UAE – Innovate Living, a leading name in luxury real estate development, is making waves with its recent acquisition of prime waterfront plots on the highly coveted Dubai Islands. This landmark deal, valued at AED 1.4 billion (USD 400 million), marks the beginning of a long-term development pipeline, positioning Innovate Living at the forefront of Dubai’s next era of ultra-luxury residential projects.
The Rise of Dubai Islands: A New Standard in Ultra-Luxury Living
As Dubai continues to solidify its status as a global destination, the demand for exclusive waterfront properties is at an all-time high. Investors and high-net-worth individuals are flocking to the city in search of homes that offer both sophistication and innovation. Dubai Islands is set to meet this demand, providing an exceptional living experience like no other.
Spanning 17 square kilometres across five islands, Dubai Islands offers over 20 kilometres of pristine beaches, lush parks, and premium golf courses with views of the Arabian Gulf. Its serene, beachfront setting combines perfectly with its world-class golf courses, setting a new benchmark for luxury living. Situated just across from Downtown Dubai, this exclusive enclave boasts the rare combination of peaceful island life and easy access to the heart of the city.
The development’s proximity to key landmarks, including J1 Beach and Jumeirah Bay Island, further adds to its appeal for investors. Innovate Living’s early acquisition of these prime plots is a strategic move to capitalize on the growing demand for premium waterfront real estate and to bring innovative, design-led residential experiences to the area.
A Vision for Ultra-Luxury Living: Innovate Living’s Strategic Move
Kareem Fahmy, Founder and CEO of Innovate Living, shared his excitement about this acquisition, explaining the vision behind it: “Dubai Islands offers an extraordinary opportunity for us to redefine ultra-luxury waterfront living. The destination brings together beachside tranquility and world-class golf courses, making it the perfect backdrop for our developments. We’re particularly impressed with the ongoing infrastructure projects, including bridges that will provide direct access to the heart of the city. Our goal is to create beautiful, intentional homes that prioritize residents’ wellbeing, convenience, and long-term value.”
Innovate Living’s approach is all about being intentional and design-focused in every aspect of its developments. The company’s bespoke homes are designed to reflect sophistication, modernity, and the individual tastes of each resident, making them not just a place to live, but an embodiment of luxury and well-being.
The Growing Appeal of Dubai Islands and the Luxury Market
Dubai’s real estate market reached an all-time high in 2024, with transactions soaring to AED 522.5 billion—a 36.5% increase from the previous year. The ultra-luxury market is experiencing significant growth, with prime residential values appreciating by 6.8% in 2024 and forecasts predicting further growth of up to 9.9% in 2025. Dubai Islands is perfectly aligned with Dubai’s ambitious 2040 Urban Master Plan, and as the development continues, the area is expected to see a sharp rise in land value, making it an ideal investment for those looking to secure long-term returns.
As one of Dubai’s most innovative real estate developers, Innovate Living has built a reputation for delivering ultra-luxury homes that blend architectural brilliance with cutting-edge technology. The company’s previous projects, including the N Collection Villas, G-Frond Villa ‘Allegra’, and Palme Couture Residences, have set new standards in luxury living on Palm Jumeirah.
With this new acquisition, Innovate Living is continuing to push boundaries, creating one-of-a-kind developments that cater to Dubai’s most discerning residents. Their expertise in delivering not only exquisite living spaces but also solid investments continues to make them a trusted name in the market.
Looking Ahead: A New Chapter for Innovate Living
The acquisition of prime plots on Dubai Islands is more than just a real estate investment for Innovate Living—it’s a strategic move that further solidifies the company’s position as a leader in Dubai’s luxury property market. By capitalizing on the rising value of waterfront real estate and continuing to deliver bespoke, high-end developments, Innovate Living is helping shape the future of ultra-luxury living in Dubai.
As the city evolves and attracts more investors and residents seeking exclusivity and luxury, Innovate Living’s ongoing developments on Dubai Islands are set to become some of the most sought-after residences in the region. This exciting chapter marks just the beginning of a new era of luxury living in Dubai.
About Innovate Living
Innovate Living is a UAE-based ultra-luxury real estate developer known for its bespoke designs and Italian craftsmanship. Founded in 2008 by Kareem Fahmy, Innovate Living specializes in creating one-of-a-kind properties that combine artistry, ingenuity, and cutting-edge technology. With a focus on architectural excellence, contemporary minimalism, and prime locations, Innovate Living creates luxurious homes that reflect the individuality and aspirations of its global clientele.
From iconic developments like the Palme Couture Residences to serene retreats such as the N Collection & G-Frond Allegra, Innovate Living’s diverse portfolio sets the standard for exceptional living in Dubai.
