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Communities

Developer communities

A master community is neither a building nor a district. What you buy is entry into a project built in phases: the first stage is on sale today, and the school, the hotel and the promenade arrive several years later. The questions are therefore different from buying a finished apartment, and each write-up here is built around them.

Peninsula by Select Group is the only completed one here: seven towers on the canal promenade in Business Bay that can be walked through today. The other four are Mira Developments, sitting in four different places — Ras Al Khaimah, Oman, Georgia and Abu Dhabi. The figures on these pages come from the developer's own pages and brochures, and where something is a promise rather than a fact, it says so.

Al Marjan Island

UAE

Ras Al Khaimah — four reclaimed islands off the Al Jazirah Al Hamra coast

Al Marjan Island — four reclaimed islands reaching 4.5 km out to sea, and the only address in the UAE with a casino under construction. Wynn opens in September 2027, and the entire Ras Al Khaimah market is priced against that date.

Reclaimed area
2.7m m²
Reach into the sea
4.5 km
Islands
4
Part handed over, part under construction Resort rentalA bet on Wynn

Mina Al Arab

UAE

The northern shore of Ras Al Khaimah, between Al Marjan Island and the emirate’s centre

RAK Properties’ coastal master development around a mangrove lagoon: 18 kilometres of shoreline, Anantara and InterContinental, overwater villas — with Hayat Island as the residential core.

Shoreline
18 km
Mangrove reserve
2m m²
Hotels
Anantara · InterContinental
Partly handed over and lived in; new phases selling Resort lettingEntry below Al Marjan

Al Hamra Village

UAE

The south of Ras Al Khaimah, the next bay along from Al Marjan Island

The emirate’s oldest resort community: golf, a marina, a mall and the Waldorf Astoria in one village — and the liveliest resale market in Ras Al Khaimah per our stock.

Golf
18 holes
Marina and mall
its own
Live price cuts
77
Long established; resale plus the Falcon Island phase selling A finished environmentResale with a track record

Aljada

UAE

Central Sharjah, off the airport road interchange — 7 minutes to Sharjah airport, 20 to DXB

The largest project in Sharjah’s history and its downtown under construction: 25,000 homes, half a million square metres of offices, three schools and a four-kilometre retail boulevard in one master plan.

Area
24m sqft
Homes
25,000
Retail boulevard
4.4 km
Selling and occupied in phases; listings from about AED 1.06m Entry below Dubai pricesLetting to Dubai commuters

Masaar

UAE

Al Suyoh, Sharjah — a forested community at the exit toward the Dubai highways

Three thousand villas and townhouses among fifty thousand trees: seven gated districts linked by a green spine, and Sharjah’s flagship villa community.

Area
19m sqft
Trees
50,000+
Districts
7
Part handed over, sales continuing Families with childrenA community, not a flat

Sobha Siniya Island

UAE

Umm Al Quwain, the largest island of the Khor Al Beidah lagoon — 50 minutes from Dubai

A Sobha master development across an entire island: four- to six-bedroom villas, apartments, an 18-hole golf course and a yacht club — the first and so far only entry into Umm Al Quwain for an international buyer.

Entry price
from AED 1.28m
Villas
from AED 10.6m
Golf
18 holes
Selling: apartments from AED 1.28m, villas from AED 10.6m Early entryA waterfront home below Dubai prices

Billionaire Row

UAE

Dubai Water Canal — Jumeirah 2 on one bank, Al Wasl and Al Safa on the other

Billionaire Row — three kilometres of Dubai Water Canal frontage where the towers give way to buildings of 13 to 100 homes: Foster + Partners, Cavalli, Four Seasons, Mr. C. One penthouse here changed hands for AED 183 million.

Buildings on the water
11
Storeys
6–13
Record deal
AED 183m
Part handed over, part under construction One-off luxuryWaterfront first line

Peninsula

UAE

Business Bay, Dubai — on the canal promenade, 1.7 km from Burj Khalifa

Seven towers on the Dubai Canal promenade sharing one podium with pools and a gym, its own waterfront and retail at street level. Handed over — a rare case where a community can be seen in full rather than in renders.

Buildings
7
Storeys
52
Car parking
537
Completed, trading on the secondary market Ready to move inResale at a discount

Mira Coral Bay

UAE

Al Mairid, Ras Al Khaimah — ten minutes from the emirate centre

A beachfront resort community in Ras Al Khaimah: fourteen partner brands, two beach clubs and several five-star hotels inside one masterplan.

Partner brands
14
Units
624
To central Ras Al Khaimah
10 min
Selling, price on request A second home by the seaHoliday letting

Mira Ocean Estates

Oman

Hawana Salalah, the Arabian Sea coast

Nine hectares on the shore in Salalah: branded apartments and villas around a five-star hotel, a medical wellness centre and a private beach.

Entry price
from AED 550,000
Plot size
9.3 ha
Payment plan
50/50
Selling, entry from AED 550,000 Low entry priceSeasonal resort letting

Mira Verde

Georgia

Tbilisi, the Tbilisi Hills above the city

Georgia's first branded master community: an 18-hole golf course, a European school and homes from 38 m² at an entry price well below Dubai's.

Entry price
from AED 720,605
Smallest unit
38 m²
Payment plan
60/40
Selling, entry from AED 720,605 Entry under AED 1mDiversifying by country

Mira Hills

UAE

Abu Dhabi, between the two emirates — fifteen minutes to Yas Island

An AED 55bn master community between Dubai and Abu Dhabi where the first phase sells land: AED 325 per square foot, smallest plot AED 22m.

Land price
AED 325
Smallest plot
AED 22m
Built-up area
2.76m m²
First phase — land plots Land plotsJoint venture

Al Layan Oasis

UAE

Al Marmoom, the desert south of Dubai — about 45 minutes from the centre

A one-million-square-metre nature destination around a man-made lake: camping, dunes, 14 km of trails and a link to the Al Marmoom routes. No housing — it is an anchor for Dubai’s southern suburbs.

Area
~1m m²
Lake
250,000+ m²
Investment
AED 4bn
Under construction, first zones 2027–2028 Outdoor leisureFamilies in the southern suburbs

Kalba

UAE

Sharjah’s east coast on the Gulf of Oman, by the Oman border

Sharjah on the other coast: the Hajar Mountains, the Khor Kalba mangroves and Gulf of Oman beaches. The emirate is turning Kalba into an eco-destination — retreats, a beach cluster and a rock art centre.

Beach cluster
~700 m
Coast
Gulf of Oman
Mangroves
Khor Kalba
Resort infrastructure being built in phases Eco-tourismWeekends out of the city

How to read these pages

There is no resale stock on these projects — they are still being built, and the first secondary transactions are years away. So there is physically nothing to compute a median price or a real yield from, the way the Dubai district pages do. Everything there is comes from the developer, and should be treated accordingly.

Each write-up therefore separates the developer's figures from the conclusions. The mix, the areas and the payment plans are facts from the project page. Phrases like "world's first" or "guaranteed 8% a year" are claims, and they are labelled as claims, with a separate block on what to ask about them before signing.

The second thing to hold on to: for three of the four, the market is many times smaller than Dubai's. That does not make them worse, but it changes the horizon — exiting a position there is counted in months rather than weeks, and any plan involving a fast resale needs checking on its own.

Questions

Communities: questions and answers

What is a community, and how does it differ from an ordinary project?

A community is not one building but a planned territory: several construction phases, its own amenities, a single management and one set of rules for everyone living there. What the buyer gets is not only an apartment or a villa but an environment — parks, pools, security, sometimes schools and a retail strip inside the perimeter. That is where the difference in price per foot against the standalone tower next door comes from: you are paying for the territory, not for the metres.

What does the service charge in a community cover?

The upkeep of the shared territory and amenities: cleaning, landscaping, pools and gym, security, lighting, engineering maintenance. Each project’s tariff is approved by RERA, and owners’ money sits in a separate escrow account inside the Mollak system — one community’s payments cannot be spent on another. Before a deal, ask the seller for the latest statement and check it against the approved tariff.

A villa community or a tower in the centre — which should I choose?

That is a choice of job, not of taste. Villas and townhouses in a community are bought to live in and for a long horizon: the tenant is a family, moves out less often, but the yield percentage is usually lower. Apartments in central towers give a higher return on capital and sell faster, though the competition for a tenant is harder. Every write-up here says plainly who a project suits and who it does not.

Can a foreigner buy in these projects?

The form of ownership is checked on the specific project, never on the country as a whole. In Dubai’s freehold zones a foreigner takes full ownership; in projects outside the UAE — Salalah, Tbilisi, Andermatt — the rules are their own, and each write-up spells that out separately. What the contract says matters more than the word “freehold” in a brochure.

Why does the catalogue hold projects from different countries?

Because some of the developers we work with build beyond the UAE: Mira Developments has master communities in Ras Al Khaimah, Oman, Georgia and Switzerland. For a buyer it is the same product, the same team and comparable payment schemes, so splitting them across sections would be awkward. Comparing the markets against each other belongs in the investment locations section.

How do I get the current price and payment plan?

Write to me — I will send the live price list, the available layouts and the payment schedule for the specific phase. Prices inside a community move from phase to phase and from launch to handover, so fixing them in the page text would mislead: what does not go stale within a quarter is here, the rest is on request.

Go through a specific project

Tell me which project interests you and what for — I will send the current price list and payment plan, and say plainly where the stated figures need checking against the contract.

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