Agua Residences Dubai Islands

Agua Residences is a two-tower apartment project on Dubai Islands, off Deira, by Citi Developers, a developer registered with the Dubai Land Department in May 2023. By the developer's own count it holds 122 fully furnished homes. Each tower has a ground floor, two podium levels, eight residential floors and a rooftop. The mix runs from one-bedroom apartments to two-level duplexes and four-bedroom penthouses.

The lowest price in any list we found is AED 1,700,000 (about Rs 4.38 crore) for a one-bedroom. The source listing carries a separate Tower B release from AED 3.01 M (about Rs 7.75 crore), with two- to four-bedroom units only. The plan is 10/40/50: 10% on booking, 40% during construction and 50% at handover. Handover is dated Q4 2027. The main contractor was signed only on 16 September 2026, the fact this page weighs hardest.

At a glance

Price and unit pricing

We headline AED 1,700,000 because it is the lowest starting price the portals quote from the developer's list; it is also the one unit type the Tower B listing leaves out. Citi Developers' own page, as search engines show it, prints no price. The price list on the day you book, then the SPA, settle what a unit costs.

Is Tower B its own release?

The developer and the launch reports describe one project of two identical towers with 122 homes. One portal instead describes a single 11-storey building of about 61 units, which is one tower's share of that count. Two broker catalogues, including the source listing, carry Agua Residence Tower B as a listing of its own, from AED 3.01 M with two, three and four bedrooms. We found no developer page or news report that launches or prices Tower B separately, so this page covers the whole project and prints the Tower B figure beside it.

If the AED 3.01 M is a Tower B two-bedroom, it is AED 410,000 above the project list's two-bedroom figure: a later price, a larger unit or a duplex. Ask which tower and unit a quote refers to.

Price per sq ft, and what to compare it with

No source prints a suite area, so no price per sq ft can be worked out yet. Sea Cliff by Imtiaz one-bedrooms have traded at about AED 2,538 per sq ft, and Mackerel Tower resale asks average about AED 2,032. At AED 1,700,000, an Agua one-bedroom would need about 670 sq ft to match the first rate and about 840 sq ft to match the second. Below 670 sq ft, the cheaper cheque is not a cheaper home.

Payment plan and total cost

The plan the portals quote is 10% on booking, 40% during construction and 50% at handover, interest-free, with nothing after handover. No source gives the dates or number of the construction instalments. The SPA's payment schedule is final, and the DLD-approved escrow account named in it is where every instalment should go.

Worked example: the AED 1,700,000 one-bedroom

In the first weeks you pay about AED 242,240 (about Rs 62.4 lakh): the 10% booking, the 4% DLD fee and the registration charges. If a broker is involved, a 2% commission plus VAT adds AED 35,700. Against the 20% bookings at Sea Cliff by Imtiaz and Wynwood Residence, that is less than half the cheque.

The weight is at the end. AED 850,000 falls due in one payment at handover, in cash or with a UAE mortgage, and a bank lends against its own valuation, not your price. No service charge is published for the building. Dubai Islands charges are estimated at AED 15 to 22 per sq ft a year, regulated by Nakheel, or AED 15,000 to 22,000 for every 1,000 sq ft.

Location and connectivity

Dubai Islands is Nakheel's reclamation of five islands and about 17 sq km off the Deira coast, linked to the mainland by the Infinity Bridge. The sources we checked do not say which island or plot Agua Residences stands on, so ask for the affection plan, the DLD's plot plan, before you book. The drive times below are for the islands in general.

Deira and the Gold Souk are about 10 minutes by car, Dubai International Airport about 15 to 20, Dubai Creek Harbour about 15 and Downtown Dubai about 20 to 25. The nearest rail is Gold Souq Metro station on the mainland until the Metro Blue Line arrives, which is dated 2027 to 2029. The new bridge from Dubai Islands to Bur Dubai was reported as due in 2026 and was still being built in May 2026.

A late-2027 or 2028 handover helps here: the first Imtiaz buildings will be lived in and the mall and promenade are due around then, though building sites will remain. Mackerel Tower and Seaside by Prestige One are two other boutique buildings nearby.

Amenities and specifications

What is quoted: every home is sold fully furnished, with floor-to-ceiling windows and smart-home systems. One portal says each apartment has a private pool. That is unusual enough to confirm on your unit's floor plan rather than assume, because the developer's own summary we saw mentions furnishing but not pools. The two-level duplexes and four-bedroom penthouses sit on the upper floors, and each tower has a rooftop level.

Not published: suite areas, parking per unit, appliance brands, the shared amenity list and the service charge. Ask for the furniture inventory that forms part of the SPA; anything not in its schedule of finishes is not promised.

About the developer

Launch coverage describes Citi Developers as a boutique, high-end developer, and its own site calls it a neo-luxury developer. A developer directory records it as registered with the Dubai Land Department as developer no. 1610 since May 2023, so it is a new entrant with about three years in the market. Its first Dubai project is Aveline Residences, a 21-storey tower in Jumeirah Village Circle that one page put at about 20% complete.

A broker page marks the developer's Allura Residences as ready. We found no handover announcement or completion report to confirm that, so we do not count it as a delivery. On Agua itself, Gulf News reported the groundbreaking, the piling phase is finished, and on Wednesday 16 September 2026 Citi Developers signed New System Engineering (NSE) as main contractor.

The buyer's protection is the DLD's: payments go into a DLD-approved escrow account and are released against certified progress, which the Dubai REST app shows before each instalment.

For Indian buyers

Ownership. Dubai Islands is freehold for foreign buyers. The sale is recorded on Oqood in your name during construction and the DLD issues the title deed at handover. There is no annual property tax and no sales tax or VAT on the residential sale itself.

LRS. Each resident Indian can remit USD 250,000 per financial year, so a couple can send USD 500,000. The AED 1,700,000 one-bedroom is about USD 463,000, which a couple can fund within one year's allowance, and the first-weeks cheque of about AED 242,240 (about USD 66,000) sits well inside one person's. TCS at 20% applies above Rs 10 lakh a year and is adjusted against your Indian tax.

Golden Visa. The AED 2 million property threshold is met from the two-bedroom at AED 2,600,000 upwards. A one-bedroom at AED 1,700,000 does not qualify on its own.

Rent, tax and exit. DLD-derived data puts Dubai Islands gross yields at about 2.2% to 4% today, and island forecasts run 6% to 8% once the mall and promenade open. At 4% the entry unit would earn about AED 68,000 a year before service charges. An Indian resident pays Indian tax on that rent and reports the flat in Schedule FA. A building of 122 homes trades thinly, so ask Citi Developers what share of the price must be paid before it allows an off-plan resale. For more choice, see all Dubai projects we track or our projects page.

Pros

• Low density: 122 homes across two towers of eight residential floors each
• Every home is sold furnished, so a finished unit can be let without a fit-out
• Only 10% at booking, about AED 242,000 with fees on the entry one-bedroom
• The AED 1,700,000 one-bedroom is below Sea Cliff by Imtiaz (AED 1,995,000) and Wynwood Residence (AED 1.98 M) on the same island
• Two-level duplexes from AED 2,900,000 and penthouses from AED 4,500,000 widen the choice for families
• Work is visibly under way: piling done and a named main contractor since September 2026

Cons

• A new developer, DLD-registered in 2023, with no completed building we could confirm
• Q4 2027 looks tight: the main contractor was signed only in September 2026, at about 13% on one reading
• Half the price is due at handover - AED 850,000 on the cheapest unit
• No suite areas published, so the price per sq ft cannot be checked
• No DLD project number or escrow bank in any source checked
• Dubai Islands is still being built: the Bur Dubai bridge, the mall and the Metro Blue Line are all future

Who this is for

• Buyers who want a furnished Dubai Islands apartment with only 10% down
• Investors who can hold to 2028 or later and fund the 50% handover payment in cash or with a UAE mortgage
• Families looking at a two-level duplex or penthouse in a small building
• Golden Visa buyers at the two-bedroom level and above, which starts at AED 2,600,000

Who should look elsewhere

• Anyone who needs keys or rent by the end of 2027 without fail
• Buyers who want a developer with finished towers they can walk through
• Buyers who cannot fund half the price in a single payment at handover
• Anyone unwilling to wait for floor plans with suite areas before paying a deposit

Our verdict

Agua Residences is priced to undercut the Imtiaz launches next to it: a furnished one-bedroom at AED 1,700,000 against roughly AED 1.98 M to AED 1.995 M at Wynwood Residence and Sea Cliff. The 10% booking is also below the 15% to 20% that Mackerel Tower, Sea Cliff and Wynwood Residence ask. The catch is the developer and the calendar: a 2023 registrant without a finished building we could confirm, and a main contractor signed about fifteen months before a Q4 2027 handover. Without published suite areas, nobody can say yet whether AED 1.7 M is cheap per foot or just a small unit.

A reasonable bet for a buyer who wants a furnished island apartment on a small deposit and can wait past 2027, but only after three checks. Get the floor plan with the suite area, the DLD project number with its escrow bank, and the tower and unit the AED 1.7 M or AED 3.01 M figure refers to. If any of the three is not given in writing, look at Wynwood Residence or Sea Cliff, where the developer has handed over on the same island.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Agua Residences on Dubai Islands?

From AED 1,700,000 (about Rs 4.38 crore) for a one-bedroom on the price lists portals quote, up to AED 4,500,000 for a four-bedroom penthouse. The Tower B release is listed from AED 3.01 M. The developer's price list on the day of booking settles it.

Is Agua Residence Tower B a separate project?

Not on the developer's own description, which is one project of two identical towers with 122 homes. Two broker catalogues list Tower B on its own, with two- to four-bedroom units from AED 3.01 M. Ask which tower your unit is in, and whether one-bedrooms remain in either.

What is the payment plan for Agua Residences on Dubai Islands?

10% on booking, 40% during construction and 50% at handover, interest-free. On the AED 1,700,000 one-bedroom that is AED 170,000, AED 680,000 and AED 850,000. The 4% DLD transfer fee of AED 68,000 and the registration charges come on top.

When is handover for Agua Residences on Dubai Islands?

Q4 2027 on most sources and Q3 2027 on one. The main contractor was signed only on 16 September 2026, so a later date is possible. The SPA date is the one that binds the developer.

Is Agua Residences registered with the DLD?

It is sold off-plan, which requires DLD registration and a DLD-approved escrow account, but no source we checked prints the project number or the escrow bank. Ask for both and check them on the Dubai REST app before you pay.

Does Agua Residences qualify for the Golden Visa?

The AED 2 million property threshold is met from the two-bedroom at AED 2,600,000 upwards. A one-bedroom at AED 1,700,000 does not qualify on its own.

Can an Indian resident buy at Agua Residences?

Yes. Dubai Islands is freehold for foreign buyers. Under the LRS each person can send USD 250,000 per financial year; the AED 1,700,000 one-bedroom is about USD 463,000, so a couple can fund it within one year of allowance.

What service charge and rent should I plan for?

The building's charge is not published; Dubai Islands charges are estimated at AED 15 to 22 per sq ft a year. DLD-derived data puts island gross yields at about 2.2% to 4% today, with forecasts of 6% to 8% once the island's amenities open.

Compare with other Dubai projects

Also in Dubai Islands: Sia By Grovy (from AED 1,695,000, handover 2027), Sunset Bay (from AED 1.69 M, handover 2026), Harbour by Prestige One (from AED 1,800,000, handover 2027) and Mackerel Tower (from AED 1,840,000, handover 2027). See every Dubai Islands project with prices and handover dates.

A similar budget elsewhere in Dubai: Emaar Arlo (from AED 1.7 M, handover 2028), Orise by Beyond (from AED 1.7 M, handover 2028) and Park Gate Residence - Tower B (from AED 1,700,000, ready).

Read next: Apartments for Sale on Dubai Islands: Prices and the Yield Question · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.