Pelagos by IGO Dubai Marina
● Dubai Marina
Pelagos by IGO Dubai Marina is a Residential project by Invest Group Overseas (IGO), with Evolutions in Dubai Marina. Prices start at around AED 1.2 M (about Rs 3.09 Cr). Current status is under construction. Below you will find the price, sizes, DLD registration details, location notes, pros and cons, and answers to the questions buyers ask most.
Quick Facts
| Project | Pelagos by IGO Dubai Marina |
| Developer | Invest Group Overseas (IGO), with Evolutions |
| Location | Dubai Marina |
| Type | Residential |
| Sizes | About 381 - 1,526 sq ft (studios 389 - 460; 1 BHK 630 - 830; 2 BHK 1,500 - 1,600) |
| Starting Price | AED 1.2 M (about Rs 3.09 Cr) onwards |
| Status | Under Construction |
| DLD Project Number | Registered with the Dubai Land Department (DLD) as an active off-plan project; the project number and escrow bank are not printed by the sources checked — verify on the Dubai REST app before paying a booking amount. |
Prices & details are indicative. Please confirm the latest with our advisor or the builder before booking.
Sizes & Pricing
| Configuration | Size | Price | Best for |
|---|---|---|---|
| Residential | About 381 - 1,526 sq ft (studios 389 - 460; 1 BHK 630 - 830; 2 BHK 1,500 - 1,600) | AED 1.2 M (about Rs 3.09 Cr) onwards | Families & end-users |
Prices are indicative. Confirm the latest cost sheet with us.
About Pelagos by IGO Dubai Marina
Pelagos by IGO is a 288-apartment tower in Dubai Marina, built by Invest Group Overseas with Evolutions, offering studios, 1 and 2 BHK apartments of about 381 to 1,526 sq ft on a 50/50 plan with 40 per cent spread over 18 months after handover. The source listing shows it from AED 1.2 M, about Rs 3.09 Cr at 25.75 rupees to the dirham; brokers print studios from AED 1.3 M.
It is the lowest Marina entry in this batch and the only page here where the developer keeps taking instalments after you have the keys. The handover was scheduled for March 2026 and no source we checked confirms it has happened. This page works the studio through the plan and the fees, prints the rate against the Marina average, and says what to establish first. See all Dubai projects we track for the alternatives.
At a glance
| Project | Pelagos by IGO, Dubai Marina |
|---|---|
| Developer | Invest Group Overseas (IGO), with Evolutions |
| Community | Dubai Marina |
| Tower | G+33; some sources print 30 or 35 floors; 288 units |
| Configurations | Studio, 1 and 2 BHK |
| Sizes | About 381 to 1,526 sq ft |
| Starting price | AED 1.2 M (about Rs 3.09 Cr) — the source listing; brokers from AED 1.3 M |
| In US dollars | About USD 327,000 (the dirham is pegged at AED 3.6725 to the dollar) |
| Payment plan | 20 per cent down / 30 per cent construction / 10 per cent handover / 40 per cent over 18 months after |
| Handover | March 2026 (Q1 2026); the source listing January 2026; delivery not confirmed |
| Status | Under construction per the sources checked |
| DLD | Registered; number and escrow bank not printed by the sources checked |
Price and unit pricing
| Unit | Size | Starting price (AED) | In rupees | AED per sq ft |
|---|---|---|---|---|
| Studio | About 389 to 460 sq ft | AED 1.2 M (listed); AED 1,300,000 (brokers) | About Rs 3.09 Cr to 3.35 Cr | About 2,830 to 3,340 |
| 1 BHK | About 630 to 830 sq ft | AED 1,800,000 | About Rs 4.64 Cr | About 2,170 to 2,860 |
| 2 BHK | About 1,500 to 1,600 sq ft | AED 3,000,000 | About Rs 7.73 Cr | About 1,880 to 2,000 |
| Dubai Marina benchmark | Figure |
|---|---|
| Average price | About AED 2,058 per sq ft; AED 2,306 on a mid-year reading |
| Gross rental yield | Studios 5.5 to 7 per cent; 1-bedroom 5 to 6.5 per cent; 2-bedroom 4.5 to 6 per cent |
| Service charges | About AED 18 to 26 per sq ft a year; community average near AED 16 |
The pattern is the usual one, sharpened: the studio is priced 25 to 60 per cent above the Marina average per sq ft, the 1 BHK is around the average, and the 2 BHK at about AED 1,880 to 2,000 is below it. Small units cost more per foot and earn more per foot, so the studio's yield still works; just do not mistake the low ticket for a low rate. The 2 BHK is the value unit in this building and the only one that clears the Golden Visa line.
Payment plan and total cost
The plan is 20 per cent on booking, 30 per cent during construction, 10 per cent at handover and 40 per cent over 18 months after handover.
| Stage | AED | Rupees (at 25.75) |
|---|---|---|
| Booking, 20 per cent | 240,000 | About Rs 61.8 lakh |
| DLD registration fee, 4 per cent, plus Oqood admin and AED 40 knowledge fee | About 48,000 plus admin | About Rs 12.4 lakh |
| Construction instalments, 30 per cent | 360,000 | About Rs 92.7 lakh |
| Handover, 10 per cent | 120,000 | About Rs 30.9 lakh |
| Post-handover, 40 per cent over 18 months | 480,000, about 26,700 a month | About Rs 1.24 Cr |
| Total | About 1,248,000 | About Rs 3.21 Cr |
| Service charge, year one (460 sq ft at AED 18 to 26) | About 8,300 to 12,000 | About Rs 2.1 to 3.1 lakh |
A Marina studio letting at AED 78,000 a year covers about a quarter of the post-handover instalments; the rest is yours to fund. No agency commission applies on a developer sale. Final as per the SPA.
Handover: the date has passed
March 2026 was the scheduled handover, with the source listing carrying January 2026. Both dates are behind us and none of the sources we checked reports the tower handed over; the listings still describe it as an off-plan project. That does not mean it has stalled: a tower at this stage is usually in finishing works and snagging. What it means is that you should ask IGO for the DLD project-status report and, if the building is complete, the completion certificate and the title-deed position on your unit, before paying anything. On a post-handover plan the handover date is also the date your instalment clock starts, so it needs to be documented.
Location and connectivity
Pelagos is in Dubai Marina, with the Marina Walk and Marina Mall within walking distance, JBR and the beach about five minutes by car, the DMCC and Jumeirah Lakes Towers metro stations five to ten minutes away, Palm Jumeirah 10 to 15, Downtown 20 to 25 and Dubai International Airport about 30. The Marina is one of Dubai's deepest rental markets and is fully built, with the tram, metro, restaurants and beach all operating. For a studio investor that matters more than anything in the building: the tenant is already in the neighbourhood.
Amenities and specifications
The tower has a clean glass facade, linear edges and wide balconies angled at the marina. Quoted amenities: an outdoor pool, a fully equipped gym, a multipurpose hall and lounge spaces. This is a moderate amenity package by Marina standards, which should keep the service charge nearer AED 18 than AED 26 per sq ft. Unit finishes are not itemised by the sources checked. Final as per the SPA.
About the developer
Invest Group Overseas was founded in 2004 and is part of the MAG Group. Its portfolio covers nine projects and more than 1,630 residential units, of which three are completed and six are off-plan, across Dubai Marina, Business Bay, Downtown Dubai, JVC, Dubai Islands and Al Maryah Island. Pelagos is developed with Evolutions. Three completed projects is a modest record, but it is a real one; ask which three and visit one. Compared with LIV LUX down the road, whose developer has delivered two buildings in this same marina, IGO's record is broader and less local.
For overseas buyers
Buying from abroad. On the AED 1.20 million entry price the 4% Dubai Land Department transfer fee is about AED 48,000 (USD 13,100), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. Most overseas buyers pay through the developer's plan rather than a UAE mortgage. The ownership rules, fees and non-resident lending for every passport are in our Dubai buying guide; the notes below work the numbers for an Indian buyer.
Ownership. Dubai Marina is freehold; the unit is registered as an Oqood record now and a title deed at handover.
Remittance. AED 1.2 M is about USD 327,000. Under the LRS each person can remit USD 250,000 per financial year, so a couple can fund the whole purchase in one year, and the post-handover instalments can run into the next.
Golden Visa. The studio and 1 BHK are under the AED 2 M threshold. A 2 BHK at AED 3.0 M qualifies once registered; confirm with the ICP.
Yield and tax. Marina studios yield 5.5 to 7 per cent gross; at AED 1.3 M a studio needs about AED 78,000 a year to reach 6 per cent, which is inside the Marina studio range. Deduct about a point for the service charge. No UAE tax applies; in India the rent is income from house property after the 30 per cent standard deduction. Note that resale during the post-handover period usually needs the developer's consent and settlement of the balance; check the SPA clause before you count on an early exit.
Pros
- The lowest Marina entry in this batch
- 40 per cent payable over 18 months after handover
- At or just past its handover date, so the wait is short
- Marina studio yields of 5.5 to 7 per cent
- 288 units in a mature community with a deep tenant pool
- Three completed IGO projects and MAG Group backing
Cons
- Studios at about AED 2,830 to 3,340 per sq ft, well above the Marina average
- Two entry prices in print — AED 1.2 M and AED 1.3 M
- The March handover has passed without confirmation
- Under the Golden Visa threshold except on the 2 BHK
- Floor count printed as 30, 33 and 35
- DLD number and escrow bank not in print
Who this is for
- Investors who want a Marina studio at the lowest entry with 40 per cent deferred past handover
- Buyers who want a marina address that is finished or nearly finished
- Indian buyers who can fund the whole purchase within one LRS year
- Golden Visa applicants taking the 2 BHK at AED 3.0 M
Who should look elsewhere
- Golden Visa applicants on the studio or 1 BHK
- Buyers who want to pay the Marina average per sq ft — the 2 BHK is the unit that does
- Anyone who needs a confirmed handover date before paying
- Anyone unwilling to chase the DLD number and escrow details
Our verdict
A well-structured, small-ticket Marina buy at a high per sq ft rate. Confirm whether the tower has been handed over, get the price list with areas and the post-handover schedule, budget about AED 52,000 of fees on AED 1.2 M, and take the 2 BHK if you need the Golden Visa. For a branded alternative in the same community see Cavalli Tower, and for everything else our project list.
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.
Dubai property calculator — costs, cash needed and net rent
Works from any country: pick your currency, or type your own rate. Fees follow the DLD schedule; rent figures are yours to set.
| Charge | AED | Your currency |
|---|
Fee basis: DLD transfer 4% of price, plus a DLD admin fee of AED 580 on a ready unit and AED 40 at Oqood on an off-plan one; registration trustee AED 2,000 below AED 500,000 and AED 4,000 from AED 500,000, plus 5% VAT (AED 2,100 or AED 4,200); title deed and map about AED 500; agency 2% plus 5% VAT where used; mortgage registration 0.25% of the loan plus AED 290. Rates shown are indicative, read on 9 September 2026, and the pegged ones (USD and the GCC currencies) do not move — edit the rate box for anything else. This is an estimate to plan with, not a quotation, and it does not cover tax in your own country.
FAQs
What is the price of Pelagos by IGO?
The source listing shows it from AED 1.2 M, about Rs 3.09 Cr. Brokers print studios from AED 1.3 M, 1 BHK from AED 1.8 M and 2 BHK from AED 3.0 M. Studios are about 389 to 460 sq ft, 1 BHK 630 to 830 and 2 BHK 1,500 to 1,600.
What is the payment plan for Pelagos by IGO?
20 per cent on booking, 30 per cent during construction, 10 per cent at handover and 40 per cent over 18 months after handover. Add the 4 per cent DLD fee and Oqood admin fees at booking.
When is handover for Pelagos by IGO?
March 2026 was the scheduled date, with the source listing carrying January 2026. Both have passed and no source checked confirms the building handed over. Ask for the DLD project-status report or the completion certificate.
How many units and floors?
288 units in a G+33 tower; some sources print 30 or 35 floors. Studios, 1 and 2 BHK apartments from about 381 to 1,526 sq ft.
Is Pelagos by IGO registered with the DLD?
It is an active DLD-registered off-plan project on Property Finder, but none of the sources checked prints the project number or the escrow bank. Confirm both on the Dubai REST app before paying.
Does Pelagos by IGO qualify for the Golden Visa?
Not on the studio or 1 BHK; the threshold is AED 2 M. A 2 BHK at AED 3.0 M qualifies. Confirm with the ICP.
What are the service charges in Dubai Marina?
About AED 18 to 26 per sq ft a year, with a community average near AED 16. On a 460 sq ft studio at AED 20 that is about AED 9,200 a year. Ask IGO for the budgeted rate.
What rental yield can I expect at Pelagos by IGO?
Dubai Marina studios yield 5.5 to 7 per cent gross and 1-bedroom units 5 to 6.5 per cent. At AED 1.3 M a studio needs about AED 78,000 a year to reach 6 per cent, which is within the Marina studio range. Deduct about a point for service charges.
What has IGO delivered?
IGO, founded in 2004 and part of the MAG Group, lists nine projects and more than 1,630 units, of which three are completed and six off-plan, across Dubai Marina, Business Bay, Downtown, JVC, Dubai Islands and Al Maryah Island.
Interested in Pelagos? Ask Realty Hunting to confirm the handover status with IGO and the DLD, pull the current price list with areas and the post-handover schedule, and arrange a visit to one of the developer's completed buildings.
Compare with other Dubai projects
Also in Dubai Marina: LIV Residence (from AED 1,300,000, ready), Marina Shores (from AED 1,506,888, handover 2026), Marina Living (from AED 1,650,000, ready) and Condor Marina Star Residences (from AED 1,690,825, ready). See every Dubai Marina project with prices and handover dates.
A similar budget elsewhere in Dubai: Golf Verge (from AED 1.2M, handover 2029), Midora Residences (from AED 1.2 M, handover 2027) and Windsor House II (from AED 1,200,000, handover 2028).
Read next: Apartments for Sale in Dubai Marina: Prices, Rents, Yields · 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.
Project Highlights
- ✓ 288 apartments in a tower of 33 to 35 floors in Dubai Marina, developed by IGO with Evolutions
- ✓ Studios about 389 to 460 sq ft, 1 BHK 630 to 830 sq ft, 2 BHK 1,500 to 1,600 sq ft; the full range runs 381 to 1,526 sq ft
- ✓ the source listing shows from AED 1.2 M (about Rs 3.09 Cr); brokers print studios from AED 1.3 M, 1 BHK from AED 1.8 M, 2 BHK from AED 3.0 M
- ✓ About AED 2,830 to 3,340 per sq ft on a studio at AED 1.3 M, against a Dubai Marina average of AED 2,058 to 2,306
- ✓ Payment plan 50/50: 20 per cent down, 30 per cent in construction, 10 per cent at handover and 40 per cent over 18 months after
- ✓ Handover scheduled for March 2026 (Q1 2026); the source listing carries January 2026
- ✓ IGO is part of the MAG Group with nine projects and more than 1,630 units, three of them completed
- ✓ Dubai Marina yields 5 to 7 per cent gross with service charges of about AED 18 to 26 per sq ft
Pros & Cons
- +The lowest entry price in Dubai Marina in this batch, from AED 1.2 M
- +40 per cent of the price spread over 18 months after handover, which rent can help cover
- +Handover at or just past its date, so the wait is short
- +Marina gross yields of 5 to 7 per cent, and studios at the top of that band at 5.5 to 7 per cent
- +288 units of studios to 2 BHK give a deep letting pool in a mature community
- +IGO has three completed projects and is part of the MAG Group
- –At about AED 2,830 to 3,340 per sq ft a studio is well above the Marina average of AED 2,058 to 2,306 — small units carry a premium, but this is a large one
- –Two entry prices in print — AED 1.2 M on the source listing and AED 1.3 M from brokers
- –The March 2026 handover has passed without confirmation of delivery
- –AED 1.2 M is well under the AED 2 M Golden Visa threshold; only the 2 BHK at AED 3.0 M clears it
- –Floor count printed as 30, 33 and 35
- –DLD project number and escrow bank not in print
Who Should Buy & Who Should Avoid
- +Investors who want a Dubai Marina studio at the lowest entry with 40 per cent deferred past handover
- +Buyers who want a marina address that is finished or nearly finished rather than a 2028 launch
- +Indian buyers who can fund the whole purchase within one LRS year
- +Golden Visa applicants taking the 2 BHK at AED 3.0 M
- –Golden Visa applicants on the studio or 1 BHK
- –Buyers who want to pay the Marina average per sq ft
- –Anyone who needs a confirmed handover date before paying
- –Anyone unwilling to chase the DLD number and escrow details
Handover Timeline
Handover was scheduled for March 2026, the first quarter of this year, with the source listing carrying January 2026. Both dates have passed and none of the sources checked confirms the building handed over, so the honest status is: at or just past its date, delivery unconfirmed. IGO lists three completed projects among nine, so it has handed over before. Ask for the DLD project-status report and, if the tower is finished, the completion certificate and the title-deed status of the unit.
Location Map
About Invest Group Overseas (IGO), with Evolutions
Invest Group Overseas (IGO) is a Dubai developer founded in 2004 and part of the MAG Group. Its portfolio spans nine projects and more than 1,630 residential units, of which three are completed and six are off-plan, across Dubai Marina, Business Bay, Downtown Dubai, JVC, Dubai Islands and Al Maryah Island. Pelagos is developed with Evolutions. Three completed projects is a modest but real record; ask which they are and visit one before booking.
Payment Plan
Specifications
💬 Our View
Pelagos is the cheapest way into Dubai Marina in this batch and the only one that lets you pay 40 per cent after you have the keys, which for a rented studio means the tenant helps with the instalments. That structure is the reason to look at it. The reason to look carefully is the rate: at AED 1.3 M for a 389 to 460 sq ft studio you are paying about AED 2,830 to 3,340 per sq ft against a Marina average of AED 2,058 to 2,306. Small units always carry a per sq ft premium and they also earn the highest rent per sq ft, so the yield still works, but you should know you are paying a premium rate for a small unit rather than a discount for a cheap one. The handover date has passed without confirmation; establish whether the building is finished before anything leaves your account.
Frequently Asked Questions
What is the price of Pelagos by IGO? +
What is the payment plan for Pelagos by IGO? +
When is handover for Pelagos by IGO? +
How many units and floors? +
Is Pelagos by IGO registered with the DLD? +
Does Pelagos by IGO qualify for the Golden Visa? +
What are the service charges in Dubai Marina? +
What rental yield can I expect at Pelagos by IGO? +
What has IGO delivered? +
Final Verdict
A well-structured, small-ticket Marina buy at a high per sq ft rate. Confirm whether the tower has been handed over, get the price list with areas and the post-handover schedule, budget about AED 52,000 of fees on AED 1.2 M, and take the 2 BHK if you need the Golden Visa.