Al Habtoor Tower Al Habtoor City Dubai

Al Habtoor Tower is Al Habtoor Group's single residential tower at Al Habtoor City on Sheikh Zayed Road, beside the Dubai Water Canal. Announced in May 2023 at 81 floors and 1,701 homes, it topped out at 86 floors in April 2026 and the group now counts 1,740 homes, one of the largest residential buildings in the world by unit count. One to three-bedrooms run about 840 to 2,357 sq ft. One-bedrooms are quoted from AED 2.25 million (about Rs 5.79 crore) on the page that also prices the two and three-bedrooms at AED 3.77 to 6.4 million, with handover on record for summer 2027.

Two things define the buy. The finished structure takes most of the construction risk off the table, leaving a fit-out and a date that has already moved twice. And the public record disagrees with itself — three entry prices, four floor counts, two unit counts and three payment plans — so the developer's price list and the sale and purchase agreement matter more here than on most pages.

At a glance

Price and unit pricing

AED 2 million, AED 2.25 million and AED 2.8 million are all printed as the one-bedroom start by pages live in September 2026, a 40% spread no launch-versus-resale story fully explains. We use AED 2.25 million because that page also prices the larger units; Al Habtoor Group's current price list settles the figure, and the source listing prints none.

The spread moves the rate from AED 2,323 to AED 3,218 per sq ft, the top of which would put the tower with the branded residences. No source we used prints a Business Bay average alongside, so hold the three figures against the district listings on our Business Bay guide. In US dollars the entry is about USD 613,000, the figure the LRS counts.

Payment plan and total cost

Three plans are in circulation and no source says which applies to the current release: a 60/40, a 10/60/30, and a 10/35/5/50 that leaves half the price for after handover. Worked on the AED 2,250,000 entry apartment under the 60/40, the plan most pages print:

Under the 10/35/5/50 the same apartment is AED 225,000 at booking, AED 787,500 through construction, AED 112,500 at the keys and AED 1,125,000 after handover, letting rent carry part of the price. On every plan, with the structure complete, the construction share is largely due, so ask exactly what is payable at signing. Our payment plan guide explains post-handover splits.

No service charge has been released for the tower, and three amenity floors with an infinity pool mean a full-service budget. On 861 sq ft, every AED 20 per sq ft is AED 17,220 a year.

Location and connectivity

Al Habtoor City is the group's mixed-use estate on Sheikh Zayed Road (E11) where the Dubai Water Canal passes under it, with Al Khail Road (E44) behind. The base is already working: three hotels — the Habtoor Palace, the V Hotel and the W Dubai on the sources' names — the La Perle by Dragone aqua theatre, restaurants and the three Residence Collection towers. The DLD and the portals file the address under Business Bay.

The group describes the site as close to DIFC with a view of Burj Khalifa; agency pages put DIFC at about 5 to 10 minutes by car, Downtown at about 10 and Dubai International Airport at about 15 to 20. Business Bay station on the Red Line is the nearest Metro, which few towers on this stretch can offer. Every Business Bay project we track is on the Business Bay page.

For a different kind of buy, Palmiera 3 at The Oasis is Emaar's 4 BHK villa release from AED 9.18 million for 2028, and Alaya at Tilal Al Ghaf is a grand-villa neighbourhood near handover. See also all Dubai projects and the projects page.

Amenities and specifications

Quoted: three floors of amenities — a padel court, a sports cafe, a library and an infinity pool — with the hotels, theatre and canal promenade at the base, and a LEED Platinum target. The group publishes its construction figures too: 100 m barrette foundations it calls a world record, a six-day floor cycle, more than 2,000 workers under German and Chinese contractors, and the structure finished in about 754 days.

Not published: the fit-out and appliance specification, parking, the unit count by bedroom type, the service-charge budget or the escrow bank. The floor count is printed as 81, 82, 86 and 91 by different sources; the group's topping-out release says 86.

About the developer

Al Habtoor Group is one of Dubai's older family conglomerates, chaired by its founder Khalaf Al Habtoor, with businesses in hotels, cars, construction, education and property. Its residential record sits mostly on this estate: the three Residence Collection towers, built by Habtoor Leighton under an AED 1.45 billion contract and holding more than 1,400 apartments, plus the Al Habtoor Grand Residences in Dubai Marina.

The tower is its largest project by far, reported stage by stage: first-year records, more than 30% complete, then the topping-out. What moved was the date: the three-year build announced in May 2023 became Q3 2026, a first phase of more than 1,300 apartments was slated for summer 2026, and the record now says summer 2027. A group that owns the hotels next door has every reason to finish; write the date into the contract anyway.

For Indian buyers

Ownership. Al Habtoor City is freehold, with the title deed in your own name. There is no annual property tax and no VAT on a residential sale, so the government cost is the 4% DLD transfer fee — AED 90,000 here — plus the AED 40 Oqood fee and trustee charges.

Golden Visa and remittance. At AED 2,250,000 the entry apartment clears the AED 2 million threshold by AED 250,000; at the AED 2 million figure it would only just meet the line, so confirm the contract price first. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year, and about USD 613,000 is three allowances for one person, or two financial years for a couple sending USD 500,000 a year, which a plan running to summer 2027 accommodates. Our Golden Visa guide covers the paperwork.

Yield and exit. One agency page prints a 6.7% return on the one-bedroom with a starting rent of AED 110,000 a year; at AED 2.25 million that rent is about 4.9% gross before service charges. Business Bay one-bedrooms let readily, but 1,740 homes arriving in one building will set the rent and resale price for the first two years, so treat any yield as a forecast and the exit as a 2029 question. Rent and capital gains are taxable in India for an Indian tax resident.

Pros

• Topped out: the remaining risk is fit-out and the date, not the build
• About AED 2,613 per sq ft buys a canal-side Sheikh Zayed Road address with a Burj Khalifa view from the upper floors
• The AED 2.25 M entry clears the Golden Visa threshold by AED 250,000
• A 10/35/5/50 plan, where offered, leaves half the price for after the keys
• Al Habtoor City's hotels, theatre and canal promenade are open today, not promised
• Business Bay station on the Red Line is the nearest Metro

Cons

• 1,701 to 1,740 homes in one building: the largest resale and rental queue of any single tower in the district
• The entry price is quoted at AED 2 M, 2.25 M and 2.8 M — a 40% spread only the developer's list resolves
• The handover has moved twice on the public record, to summer 2027
• The floor count is printed four ways and the unit count two
• No service charge published, for a tower with three amenity floors and an infinity pool
• A broker's 6.7% return on the one-bedroom does not square with the same page's AED 110,000 rent, about 4.9% gross

Who this is for

• Buyers who want a Golden Visa from a one-bedroom on Sheikh Zayed Road and can wait for 2027
• Investors who want a topped-out tower rather than a hole in the ground
• Indian buyers who can use the 10/35/5/50, if it is on offer for their unit
• Anyone comparing the district's mega-towers by price per foot against Business Bay's mid-size releases

Who should look elsewhere

• Anyone who needs the keys before late 2027
• Buyers who want scarcity: 1,740 homes in one building is the opposite
• Yield-first investors who take a broker's 6.7% at face value
• Anyone who will not get the price, plan, phase and completion date in writing before booking

Our verdict

Al Habtoor Tower is a bet on scale: the structure is up, built in about 754 days, so the construction risk that hangs over most off-plan pages is largely gone; what remains is the fit-out and a date already moved to summer 2027. The price is the problem: a 40% spread across three agency pages means the rate per foot is unknown until the developer's list is in your hand. At the AED 2.25 million figure the entry clears the Golden Visa line and the 60/40 puts AED 900,000 at the keys, while the 10/35/5/50, if offered, leaves half for after handover. Then there is the count: 1,740 homes in one building is the largest single delivery Business Bay will see, and it will set rent and resale for two years, though the address is real — canal-side, hotels and a theatre at the base, a Metro station within reach.

A reasonable buy for a Golden Visa buyer who wants a Sheikh Zayed Road address from a topped-out tower and can wait until late 2027, provided the price, plan and phase are in writing first; take the 10/35/5/50 where offered. Not for anyone who needs the keys sooner, wants scarcity, or is buying on a broker's yield figure.

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 Al Habtoor Tower?

One-bedrooms of about 840 to 861 sq ft are quoted from AED 2 million, AED 2.25 million and AED 2.8 million by three agency pages. We use AED 2.25 million, about Rs 5.79 crore or USD 613,000, because that page also prices the two and three-bedrooms at AED 3.77 to 6.4 million. The developer's current price list settles it.

What is the payment plan?

Three are in circulation: 60/40, 10/60/30, and 10/35/5/50 with half the price after handover. On the entry apartment the 60/40 comes to about AED 2.34 million with the DLD fee. With the structure complete, ask what falls due at signing.

When is the handover?

Summer 2027 on the latest record, which we read as Q3 2027. The tower was announced in May 2023 with a three-year build and propsearch carried Q3 2026; it topped out at 86 floors in April 2026. Get the completion date into the sale and purchase agreement.

How many homes and floors does the tower have?

1,701 homes on the May 2023 announcement and 1,740 on later group statements, over about 327,000 sq m built-up. Announced at 81 floors and sold as 82, it topped out at 86 on the group's release; one article prints 91.

Does it qualify for a Golden Visa?

At AED 2.25 million, yes, by AED 250,000. At the AED 2 million figure it would only just meet the line, so confirm the contract price, and check with the Dubai Land Department at what payment stage an off-plan buyer can apply.

What is the rental yield?

One agency page prints 6.7% on the one-bedroom with a starting rent of AED 110,000 a year, which at AED 2.25 million is about 4.9% gross before unpublished service charges. 1,740 homes arriving in one building will set the rent in the first year.

Can an Indian buyer remit the price under the LRS?

About USD 613,000 is three USD 250,000 allowances for one person, or two financial years for a couple, which a plan running to summer 2027 accommodates. Rent and capital gains are taxable in India for an Indian tax resident.

Compare with other Dubai projects

More by Al Habtoor: Exotica (from AED 966.2 K, handover 2026), Al Waleed Garden 2 (from AED 725,000, ready) and Al Waleed Garden (from AED 675,000, ready).

A similar budget elsewhere in Dubai: Emaar Mulberry (from AED 2,252,000, ready), Meraas Bluewaters (from AED 2,290,000, ready) and Address Residences Dubai Opera (from AED 2,299,999, ready).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.