Nakheel District One Naya Residences

District One Naya Residences by Nakheel is a six-tower luxury waterfront residential development directly on the shores of the world's largest man-made Crystal Lagoon in District One, Mohammed Bin Rashid City. Phase 1 (Naya 1, 2 and 3 launched October 2023) comprises three minimalist glass-designed green-roof towers of 19, 12 and 16 floors with 1, 2 and 3-bedroom apartments, 4-bedroom penthouses and limited 3-bedroom lagoon villas sitting directly on the Crystal Lagoon. AED 529 million construction contract was awarded to Bhatia Contracting confirming institutional delivery commitment. Phase 2 (Naya 4, 5 and 6 launched Q1 2025) adds three further towers of 17, 24 and 18 floors offering 1 to 4-bedroom apartments, 5-bedroom penthouses and additional 3-bedroom lagoon villas. Residences range from 708 sqft (1BR apartments) to 8,588 sqft (duplex penthouses). All units feature light-colour premium interiors with European branded appliances and a private balcony or terrace. Naya's dedicated community pool is unique in District One residences. A rooftop lounge and terrace in Tower 1, infinity pool, shaded kids pool, fitness centre, basketball court, amphitheatre, dog park, interactive fountain, green lawns, shaded BBQ areas and full Crystal Lagoon access complete the lifestyle offering. Construction is 46.07% complete as of June 2026. Phase 1 handover July 2027, Phase 2 July 2028.

• Unit Types: 1BR, 2BR, 3BR Apartments, 4BR and 5BR Penthouses, 3BR Lagoon Villas

• Starting Price: AED 1,700,000 (1BR)

• EOI: AED 100,000

• Phase 1 Payment Plan: 80/20, 20% Booking, 60% Construction, 20% Handover

• Phase 2 Payment Plan: 65/35, 20% Booking, 45% Construction, 35% Handover

• Phase 1 Handover: Q3 2027 (July 2027)

• Phase 2 Handover: Q4 2028 (July 2028)

• Six Towers Total: Phase 1 (Naya 1, 2, 3) and Phase 2 (Naya 4, 5, 6)

• Construction Progress: 46.07% (Phase 1, June 2026), AED 529M Contract with Bhatia Contracting

• Unique: Dedicated Community Pool, Rooftop Lounge Tower 1, Directly on Crystal Lagoon, Dog Park, Amphitheatre

• MBR City average sale prices up 46.2% year-on-year, the strongest major community appreciation in Dubai, with District One starting rentals from AED 95,000 per year

• Six towers directly on the world's largest man-made Crystal Lagoon (7 km swimmable), the most premium sub-location within District One

• Dedicated community swimming pool unique among District One residential developments, plus rooftop lounge in Tower 1, dog park, amphitheatre and interactive fountain

• AED 529 million construction contract with Bhatia Contracting confirming institutional-grade delivery commitment and completion confidence

• Phase 1 construction 46.07% complete as of June 2026, Q3 2027 handover approximately 12 months away

• 1BR from AED 1.7M in a Crystal Lagoon gated community 10 minutes from Downtown Dubai

• 3BR Lagoon Villas from AED 8.9M with private garden and direct Crystal Lagoon access, most exclusive product in Naya

• 5BR Penthouse at up to 8,588 sqft in Phase 2, one exclusive unit across the entire six-tower development

• Full District One amenities: 7 km swimmable Crystal Lagoon, 3.7 km private beach, 8.4 km cycling and jogging track, 26 million sqft of greenery

• 10 minutes from Downtown Dubai, Business Bay and DIFC, adjacent to Meydan Racecourse and Meydan One Mall

• EOI AED 100,000 to secure unit before full booking

• AED 750K Plus for UAE 2-Year Property Investor Visa, AED 2M Plus for UAE 10-Year Golden Visa

• Nakheel, creator of Palm Jumeirah, providing the strongest master developer credibility and community management for District One

• Freehold ownership, 100% foreign ownership permitted, zero income tax and zero capital gains tax

• Located Directly on the Shores of the World's Largest Man-Made Crystal Lagoon in District One, MBR City

• Al Khail Road (E44) Adjacent, Major Arterial Highway to Downtown Dubai, Business Bay and Dubai Marina

• Sheikh Mohammed Bin Zayed Road (E311) Within 5 Minutes Drive

• Al Meydan Road Direct Access, Connecting to Meydan Racecourse and Grandstand

• Meydan One Mall 5 Minutes Drive, Major Upcoming Retail Destination

• Meydan Racecourse 5 Minutes Drive, World-Class Horse Racing and Events

• Business Bay Metro Station 10 Minutes Drive

• Business Bay 10 Minutes Drive

• Downtown Dubai and Burj Khalifa 10 Minutes Drive

• Dubai Mall 11 Minutes Drive

• DIFC 10 Minutes Drive

• City Walk 10 Minutes Drive

• Dubai Opera 12 Minutes Drive

• Ras Al Khor Wildlife Sanctuary 10 Minutes Drive, Flamingo Sanctuary

• Dubai International Airport (DXB) 20 Minutes Drive

• Jumeirah Beach 15 Minutes Drive

• Dubai Marina 25 Minutes Drive

• Al Maktoum International Airport (DWC) 35 Minutes Drive

District One Naya Residences delivers a resort-lifestyle amenity programme across six towers directly on the Crystal Lagoon, combining private wellness, social entertainment, family-friendly spaces and full access to District One's 7 km Crystal Lagoon, 3.7 km beach and 8.4 km cycling tracks.

• Dedicated Community Swimming Pool, Unique Among District One Residential Developments

• Infinity Pool with Panoramic Crystal Lagoon and Skyline Views

• Shaded Kids Pool for Family Swimming

• Shallow Pool with Cabanas and Lounge Seating for Social Relaxation

• Rooftop Lounge with Terrace in Tower 1 (Naya 1), Sky-Level Social and Sunset Destination

• State-of-the-Art Indoor Fitness Centre and Gymnasium

• Outdoor Fitness Areas with Equipment

• Yoga and Wellness Spaces for Daily Practice

• Basketball Court and Multi-Sport Courts

• Children's Playground and Indoor and Outdoor Kids Play Areas

• Dog Park, Pet-Friendly Community Space

• Amphitheatre for Open-Air Community Events and Sunset Entertainment

• Interactive Fountain Feature for Children and Family Recreation

• Sprawling Green Lawns and Curated Tree-Lined Walkways

• Landscaped Community Gardens and Open Green Spaces

• Shaded Outdoor Dining and BBQ Areas for Community Entertaining

• Crystal Lagoon Direct Access for Swimming, Kayaking and Paddleboarding (7 km, Swimmable)

• 3.7 km Private Beach Access via Lagoon and Boardwalk

• 8.4 km Cycling and Running Tracks Around District One, Solar-Lit at Night

• 7 km Crystal Lagoon Boardwalk for Strolling and Leisure

• District One Lagoon Beach Club and Clubhouse with Pool and Beach Access

• Retail Pavilions, Supermarket, Pharmacy, Nursery and Dining Within District One

• 24/7 Gated Security with Monitored Entrances and CCTV

• Dedicated Covered Parking per Unit

Phase 1 Units (Naya Towers 1, 2, 3)

• 1BR Apartment - Size: 708 to 761 sqft (66 to 71 Sq. M), Towers 1, 2 or 3, 1 Bedroom, 1-2 Bathrooms, Private Balcony, Crystal Lagoon or Garden Views, Price from AED 1,700,000

• 2BR Apartment - Size: Approx. 1,200 to 1,400 sqft, Towers 1, 2 or 3, 2 Bedrooms, 2-3 Bathrooms, Private Balcony, Crystal Lagoon Views, Price on Request

• 3BR Apartment - Size: Approx. 1,600 to 1,980 sqft, Towers 1, 2 or 3, 3 Bedrooms, 3-4 Bathrooms, Private Balcony, Crystal Lagoon or Dubai Skyline Views, Price on Request

• 4BR Penthouse - Size: 4,510 sqft (419 Sq. M), Top Floors, 4 Bedrooms, 4-5 Bathrooms, Oversized Soaking Tub in Master, Expansive Private Terrace, Sparkling Dubai Skyline Views, Price on Request

• 3BR Lagoon Villa - Size: 3,542 sqft Plus (329 Sq. M Plus), Ground Floor Crystal Lagoon Frontage, 3 Bedrooms, 3-4 Bathrooms, Private Garden, Direct Crystal Lagoon Access, Price from AED 8,900,000

Phase 2 Units (Naya Towers 4, 5, 6)

• 1BR Apartment - Size: 796 sqft Plus, Towers 4, 5 or 6, 1 Bedroom, 1-2 Bathrooms, Private Balcony, Crystal Lagoon Views, Price from AED 1,700,000

• 2BR Apartment - Size: Approx. 1,200 to 1,600 sqft, 2 Bedrooms, 2-3 Bathrooms, Private Balcony, Lagoon Views, Price on Request

• 3BR Apartment - Size: Approx. 1,980 to 2,500 sqft, 3 Bedrooms, 3-4 Bathrooms, Private Balcony, Lagoon Views, Price on Request

• 4BR Apartment - Size: Approx. 2,800 to 3,702 sqft, 4 Bedrooms, 4-5 Bathrooms, Large Private Terrace, Panoramic Lagoon and Skyline Views, Price on Request

• 5BR Penthouse - Size: Up to 8,588 sqft (798 Sq. M), One Exclusive Penthouse, 5 Bedrooms, 5-6 Bathrooms, Private Terrace, Most Prestigious Address in Phase 2, Price on Request

• 3BR Lagoon Villa - Size: Approx. 3,542 sqft Plus, Ground Floor Crystal Lagoon Frontage, 3 Bedrooms, Private Garden and Terrace, Direct Crystal Lagoon Access, Price from AED 8,900,000

Phase 1 Payment Plan: 80/20

• On Booking: 20%

• April 2024: 10%

• October 2024: 10%

• April 2025: 10%

• October 2025: 10%

• April 2026: 10%

• October 2026: 10%

• On Handover: 20% at Q3 2027 (July 2027)

Phase 2 Payment Plan: 65/35

• On Booking: 20%

• During Construction: 45% in staged milestone instalments

• On Handover: 35% at Q4 2028 (July 2028)

• EOI: AED 100,000 to secure unit before full booking

Market Snapshot

• MBR City average sale prices rose 46.2% year-on-year, the strongest major community appreciation in Dubai, with average price of AED 5.8M

• District One starting rental price is AED 95,000 per year with MBR City 1BR gross yield averaging 6% annually

• Naya Residences is positioned directly on the Crystal Lagoon shores, the most premium sub-location within District One

• AED 529 million construction contract with Bhatia Contracting confirms institutional-grade delivery commitment and completion confidence for Phase 1

• Phase 1 construction at 46.07% as of June 2026 with Q3 2027 handover, approximately 12 months of remaining construction to handover

• Dedicated swimming pool at Naya is unique among District One residences, where most buildings share District One community pools only

Rental Yield

• MBR City 1BR apartments averaging 6% gross yield annually with District One starting rental from AED 95,000 per year

• 1BR at AED 1.7M estimated gross annual rental income of AED 102,000 at 6% yield

• Crystal Lagoon frontage, rooftop lounge, dedicated pool and dog park position Naya above standard District One residences for rental premium

• 3BR Lagoon Villas at AED 8.9M command the strongest rental rates in all of District One due to private garden and direct Crystal Lagoon access unique to villa product

• Meydan One Mall within 5 minutes, Meydan Racecourse adjacent and Downtown Dubai 10 minutes away ensures a captive corporate, diplomatic and HNWI tenant base

• Naya's dog park, amphitheatre, rooftop lounge and interactive fountain differentiate the product for family and lifestyle tenants paying rental premium above basic District One supply

Capital Appreciation

• MBR City prices up 46.2% year-on-year, the strongest major community appreciation in Dubai

• Crystal Lagoon-facing units in District One consistently command 15 to 25% premium above garden-facing equivalents, compounding at every resale

• Phase 1 (Q3 2027 handover) provides approximately 12 months to completion for construction-period appreciation capture from today

• Phase 2 (Q4 2028 handover) provides over 2 years of construction-period appreciation runway from today

• Naya's unique dedicated pool, rooftop lounge, six-tower critical mass and direct lagoon positioning create a permanent sub-community premium within District One

• Phase 2 pricing from AED 1.7M Plus versus Phase 1 confirms consistent within-project price appreciation trajectory

Price Per Sqft Value

• 1BR from AED 1.7M in a Crystal Lagoon-facing gated community in MBR City with dedicated pool, rooftop lounge, dog park and amphitheatre, 10 minutes from Downtown Dubai, is strongly competitive for District One waterfront product

• Comparable District One apartment product without lagoon frontage typically trades below Naya's crystal lagoon premium confirming the pricing logic

• 3BR Lagoon Villas at AED 8.9M for 3,542 sqft Plus with direct Crystal Lagoon garden access represent the most exclusive apartment-community villa product in MBR City

• 5BR Penthouse at up to 8,588 sqft in Phase 2 is the most spacious single residential unit in Naya with the strongest long-term appreciation potential

Key Risk to Note

• Phase 1 20% at July 2027 handover requires mortgage pre-approval initiation by late 2025

• Phase 2 35% at July 2028 handover is a higher balloon than Phase 1, plan mortgage pre-approval from mid-2026

• UAE residents access up to 80% LTV mortgages, non-residents up to 50% LTV at handover

• District One has higher service charges than suburban communities due to Crystal Lagoon and extensive community maintenance

• A minimum 2 to 3 year hold post-handover recommended for full MBR City appreciation trajectory capture

Q1. What makes Naya Residences unique in District One?

Naya Residences is the only District One development with a dedicated community swimming pool (unlike most other District One residences that rely solely on the District One shared amenities), a rooftop lounge with terrace in Tower 1, a dog park, an amphitheatre, an interactive fountain and six towers positioned directly on the Crystal Lagoon shores. AED 529 million construction contract confirms the strongest institutional delivery commitment of any District One residential project.

Q2. What is the difference between Phase 1 and Phase 2?

Phase 1 (Naya Towers 1, 2, 3) offers 1, 2, 3-bedroom apartments, 4-bedroom penthouses and 3BR lagoon villas with an 80/20 payment plan and Q3 2027 (July 2027) handover. Construction is 46.07% complete. Phase 2 (Naya Towers 4, 5, 6) adds 4-bedroom apartments and a 5-bedroom penthouse with a 65/35 payment plan and Q4 2028 (July 2028) handover. Phase 2 buyers pay a higher 35% balloon at handover versus 20% for Phase 1.

Q3. Will property values appreciate?

Yes. MBR City prices rose 46.2% year-on-year, the strongest major community appreciation in Dubai. Crystal Lagoon-facing units command 15 to 25% premium above non-lagoon equivalents. Naya's six-tower scale, dedicated pool, rooftop lounge and amphitheatre create a permanent sub-community premium within District One. Phase 1 buyers with 20% at handover in 12 months have the most immediate appreciation opportunity.

Q4. What rental income can I expect?

MBR City 1BR gross yields average 6% annually with District One starting rentals from AED 95,000 per year. On a 1BR at AED 1.7M that is approximately AED 102,000 annually. Crystal Lagoon frontage, dedicated pool, rooftop lounge and dog park command rental premium above standard District One supply. 3BR Lagoon Villas achieve the strongest rental rates in all of District One due to private garden and direct lagoon access.

Q5. What is the AED 529 million construction contract?

Nakheel awarded a AED 529 million construction contract to Bhatia Contracting for the construction of Naya Phase 1. This is an institutional-grade, publicly disclosed contract confirming the highest level of delivery commitment for Phase 1. At AED 529 million for Phase 1 construction alone, it is among the largest single residential construction contracts awarded in MBR City, validating the quality and delivery confidence for buyers.