Inside The Story
Sharafi Development Unveils MAREA Residences with DRE-X as Exclusive Sales Partner
- May 18,2026
Blending a century-long legacy with modern waterfront luxury, Sharafi Development, with DRE-X as Exclusive Sales Partner has officially launched MAREA Residences, an exclusive boutique residential project located on the rapidly growing Dubai Islands.
Backed by Sharafi Group Investments, one of Dubai’s long-standing Emirati family-owned conglomerates, the launch marks another milestone in the group’s journey across hospitality, real estate, contracting, facilities management, and consulting sectors.
With over 100 years of business excellence, Sharafi Group has successfully delivered more than 20 projects and currently operates five hotels, while continuing to expand its footprint across Dubai’s evolving luxury real estate landscape.
The project is being introduced to the market in collaboration with DRE Homes, a leading real estate brokerage recognized for its strong industry presence and expertise in premium project marketing. DRE-X, the master agency division of DRE Homes, has been appointed as the exclusive sales partner to oversee the project’s launch strategy, broker network engagement, and luxury market positioning for MAREA Residences within Dubai’s dynamic real estate sector.
A New Waterfront Lifestyle Destination
MAREA Residences is designed as a premium G+2+12 waterfront development offering a collection of spacious semi-furnished residences. The project includes elegant 1 and 2-bedroom apartments with private jacuzzis, along with luxurious 2 and 3-bedroom duplex residences featuring plunge pools and maid’s rooms.
Residents will enjoy a resort-inspired lifestyle supported by world-class amenities, including: Infinity swimming pool, fully equipped gymnasium, Sauna & Turkish hammam, Residents’ lounge area, and Tanning deck overlooking the waterfront.
Strategically located on Dubai Islands, the project enjoys seamless connectivity to Downtown Dubai, DIFC, Dubai International Airport, Sheikh Zayed Road, and Al Khail Road. It is also minutes away from Dubai Islands Mall, beaches, marina, and the upcoming boardwalk destination.
Flexible Investment Opportunity
Prices at MAREA Residences start from AED 2.74 million, with investors offered two flexible payment plan options:
30/70 payment plan with no post-handover payments
50/50 payment plan with 2 years post-completion
The project is scheduled for completion in Q4 2027, with construction already underway.
Hospitality-Driven Living Experience
Adding further value to the project, Sharafi Group’s hospitality division is preparing to launch the 4-star Hotel Allure on Dubai Islands in 2026.
Owners and tenants of MAREA Residences will benefit from exclusive hospitality services and lifestyle privileges connected to the hotel, creating a unique residential experience that combines luxury living with hotel-inspired convenience.
Leadership Vision Behind the Project
According to Mr. Abdulla Sharafi, CEO of Sharafi Group Investments, MAREA Residences reflects the group’s long-standing commitment to precision, quality, and customer-centric development.
He emphasized that the project captures the essence of modern island living while also offering strong long-term investment potential within one of Dubai’s most promising waterfront destinations.
DRE-X to Lead Premium Sales Strategy
The project will be marketed in partnership with DRE Homes, with DRE-X — its master agency division — appointed to lead the project launch and premium sales strategy.
Qurat Ul Ain, Co-Founder & CLO of DRE-X, highlighted that MAREA Residences represents Sharafi Group’s dedication to quality and craftsmanship. She also confirmed that the launch will happen in phases, supported by a broker-focused strategy aimed at reaching qualified luxury buyers and investors.
As Dubai Islands continues to emerge as one of the city’s most exciting waterfront destinations, MAREA Residences positions itself as a standout development offering luxury, connectivity, hospitality, and long-term investment value.
