Sharafi Investment Group has announced the launch of Maria Residences, a luxury boutique residential project located on the waterfront of Dubai Islands, marking a new step in the group’s expansion within Dubai’s high-end real estate market.

The project is set within one of Dubai’s emerging coastal destinations and benefits from a strategic location that offers residents easy access to key areas across the city, including Downtown Dubai, Dubai International Financial Centre, Dubai International Airport, Al Khail Road and Sheikh Zayed Road. It is also close to Dubai Islands Mall, the marina and the waterfront promenade.

Maria Residences in Dubai Islands offers a resort-inspired living experience through a range of integrated facilities designed to provide comfort and refined living for residents. These include an infinity pool, a fully equipped gym, sauna, Turkish bath, sun deck area and modern lounge spaces.

Unit prices at the project start from AED 2.74 million, with flexible payment options that include a 30/70 plan and a 50/50 plan extending for two years after handover. The project is scheduled for completion in the fourth quarter of 2027.

Sharafi Investment Group continues to expand its portfolio in Dubai, where it currently operates five hotels and has completed 20 development projects. The group also has two projects under construction in Dubai Islands and is active in the contracting sector, delivering projects for local and regional real estate developers.

Residents of Maria Residences will also have access to exclusive hospitality services through Allure Hotel, a four-star hotel owned by the group and expected to open in Dubai Islands in 2026. This feature strengthens the connection between luxury residential living and hotel-style services within the project.

Abdullah Sharafi, CEO of Sharafi Investment Group, said the launch of the project reflects the group’s commitment to quality, precision and strong investment value. He added that Maria Residences represents an elevated lifestyle inspired by islands and resort living.

The project is being developed in cooperation with DRE Homes through its exclusive arm DRE-X, which is handling the launch and sales strategy. This partnership aims to expand the project’s reach among investors and buyers interested in Dubai’s luxury real estate market.

Quratulain, Co-Founder and Chief Legal Officer at DRE-X, said the project represents a notable architectural addition to Dubai Islands. She noted that construction work has already started and that the project is being launched in phases through a marketing strategy targeting a selected network of real estate brokers.

Maria Residences further supports the position of Dubai Islands as a promising destination for living and investment, supported by its waterfront location, integrated amenities and flexible payment options that meet the needs of a wide range of buyers.