Wynwood Residence Dubai Islands

Wynwood Residence, marketed as Wynwood by Imtiaz, is a 146-home building on Dubai Islands, off Deira, by Imtiaz Developments, the developer that made the island's first residential handover. It offers one- to three-bedroom apartments, three- and four-bedroom duplexes and penthouses. It is a different project from Wynwood Horizon, which Imtiaz is building in Meydan.

One-bedrooms are listed from AED 1.98 M (about Rs 5.10 crore), two-bedrooms from AED 3,221,920 and three-bedrooms from AED 3,998,000. Handover is dated Q3 2027. Two payment plans are quoted, 20/40/40 and 40/20/40, and sizes come only from portal and broker pages: about 724 to 861 sq ft for a one-bedroom and about 1,802 sq ft for a two-bedroom. This page works through what the entry unit costs under each plan and what to ask before you pay.

At a glance

Price and unit pricing

The source listing's AED 1.98 M and the portal list's AED 1,972,722 agree within half a per cent, so we print the listing figure. A broker page rounds it to "from AED 2.0M". None of these is a transaction, and Imtiaz's price list on the day you book settles the price of a particular unit.

A re-check on 2026-09-28 found a second price set on broker pages: one-bedrooms from AED 2.2 M for about 861 sq ft and two-bedrooms from AED 3.5 M for about 1,802 sq ft, probably a later price list. The sizes explain the gap between the two: the two-bedroom is more than twice the size for about 63% more money, so it is the cheaper home per foot. The sizes are portal and broker figures, not Imtiaz's; the floor plan attached to your SPA settles the suite area.

Against the other Imtiaz buildings on the island

Sea Cliff by Imtiaz lists one-bedrooms from AED 1,995,000 for about 730 sq ft, with handover in Q1 2028. Wynwood's one-bedroom, at about AED 2,555 to 2,613 per sq ft on the published sizes, is close to Sea Cliff's AED 2,733, and it hands over six months earlier. Our Sunset Bay 3 page shows that phase listed from AED 2.02 M with a Q1 2027 handover. The Wynwood price sits in the same band as its Imtiaz neighbours.

Payment plan and total cost

Two plans are in circulation. The first is 20% on booking, 40% during construction and 40% at handover, sometimes written as 60/40. The second asks 40% on booking, 20% during construction and 40% at handover. Developers often offer a higher booking in return for a lower price, but no source links either plan to a discount. Ask which plan your unit carries and whether the price changes with it.

Worked example: the AED 1.98 M one-bedroom on the 20/40/40 plan

On the 20/40/40 plan, the first cheque is about AED 479,440 (about Rs 1.23 crore), including the DLD fee and registration charges. On the 40/20/40 plan it is about AED 875,440 (about Rs 2.25 crore). Either way, AED 792,000 falls due at handover, in cash or with a UAE mortgage that lends against the bank's valuation.

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 as master developer. On a one-bedroom of 730 sq ft, Sea Cliff's size, that would be about AED 10,950 to 16,060 a year.

Location and connectivity

Dubai Islands is Nakheel's reclamation of five islands and about 17 sq km off Deira, linked to the mainland by the Infinity Bridge. Imtiaz describes Wynwood as rising on the island's shore, but the sources we checked do not name the plot, so ask for the affection plan before booking. 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 Blue Line arrives, dated 2027 to 2029. A Q3 2027 handover would land alongside several other Imtiaz buildings: Beach Walk is already handed over, and Beach Walk Grand, Sunset Bay and Cotier House are due between late 2026 and 2027. The island mall and promenade are due in the same window, so expect a part-finished island in the first year.

Amenities and specifications

The mix is one- to three-bedroom apartments, three- and four-bedroom duplexes and penthouses, in a building of 146 homes. Imtiaz's own Wynwood page says every residence is fully furnished, with custom interiors, high ceilings and panoramic glazing, and that the signature duplexes have large terraces and private rooftop spaces.

The shared amenities Imtiaz lists are a rooftop infinity pool and sun deck, an open-air yoga terrace, a gym, a clubhouse, a green courtyard, kids' play areas, a Jacuzzi, barbecue areas and landscaped promenades; one portal adds EV charging. Ask for the furnishing inventory and the parking allocation in writing. Anything not in the SPA's schedule of finishes is not promised.

About the developer

Imtiaz Developments reports more than 40 active projects, and its Sea Cliff groundbreaking reports put its portfolio above Dh15 billion. It reports more than 2,000 units delivered and six handovers in 2025, with ten scheduled for 2026.

Its delivery record is the reason to shortlist Wynwood. Construction Week reported Pearl House II in JVC handed over three months early, Hyde Walk in Jumeirah Garden City has also been handed over, and Beach Walk was the first residential handover on Dubai Islands. One review site says it has delivered up to four months ahead of the promised dates. That record is on other buildings; for this one, read the DLD's progress reading before each instalment.

For Indian buyers

Ownership. Dubai Islands is freehold for foreign buyers. During construction your purchase is an Oqood record at the DLD; at handover the DLD issues the title deed in your name. There is no annual property tax and no sales tax or VAT on the residential sale.

LRS. Each resident Indian can remit USD 250,000 per financial year, so a couple can send USD 500,000. The AED 1.98 M one-bedroom is about USD 539,000, a little more than one year's couple allowance, but the 20/40/40 plan spreads the payments over the build. The 40/20/40 plan's first cheque of about AED 875,440 (about USD 238,000) fits one person's year. TCS at 20% applies above Rs 10 lakh a year and is adjusted against your tax.

Golden Visa. The threshold is AED 2 million of property. The entry one-bedroom, at AED 1,972,722 to AED 1.98 M, falls AED 20,000 to 27,000 short. Every two-bedroom, from AED 3,221,920, clears it.

Rent and tax. DLD-derived data puts Dubai Islands gross yields at about 2.2% to 4% today, with forecasts of 6% to 8% once the island's amenities open. At 4%, the entry unit would earn about AED 79,200 a year before service charges. An Indian resident pays Indian tax on the rent and reports the flat in Schedule FA. See all Dubai projects we track or our projects page.

Pros

• A developer that has already handed over a residential building on Dubai Islands
• Handover dated Q3 2027, about six months before Sea Cliff at a similar entry price
• 146 homes, a small building for the island
• A 20% booking option, with 40% spread over construction
• Duplexes and penthouses for buyers who want more than a flat
• Two- and three-bedrooms clear the AED 2 million Golden Visa threshold with room to spare

Cons

• Sizes come only from portal and broker pages, and two price sets circulate (1 BHK AED 1.98 M or 2.2 M; 2 BHK AED 3.22 M or 3.5 M)
• The entry one-bedroom sits AED 20,000 to 27,000 below the Golden Visa threshold
• 40% is due at handover under either plan - AED 792,000 on the entry unit
• Two different payment plans are quoted; the SPA must say which applies
• No construction percentage, DLD project number or escrow bank in any source checked
• At about AED 2,555 to 2,613 per sq ft, the one-bedroom costs far more per foot than the two-bedroom

Who this is for

• Buyers who want an Imtiaz building on Dubai Islands with a 2027 handover
• Investors comparing Imtiaz launches who value an earlier handover
• Golden Visa buyers at the two-bedroom level and above
• Families looking at a duplex or penthouse in a small building

Who should look elsewhere

• Anyone who will not pay a deposit before seeing a floor plan with the suite area
• Buyers looking for the lowest price per sq ft on the island
• Buyers who cannot fund 40% at handover
• Anyone confusing it with Wynwood Horizon in Meydan, a different Imtiaz project

Our verdict

Wynwood Residence has the two things buyers on Dubai Islands care about most: Imtiaz, the developer with the island's first handover, and a handover date of Q3 2027, earlier than Sea Cliff's Q1 2028. Its entry price of about AED 1.98 M is almost the same as Sea Cliff's AED 1,995,000. What it lacks is the published detail that would let you judge the price. Sizes appear only on portal and broker pages, which put the one-bedroom at about 724 to 861 sq ft, or roughly AED 2,555 to 2,613 per sq ft. Two different payment plans are also in circulation, one asking twice the booking amount of the other. The step to AED 3.22 M for a two-bedroom is explained by its size, about 1,802 sq ft, which makes the two-bedroom the better value per foot.

A sound choice of developer at a fair-looking entry price, but not one to book on a brochure. Get the floor plan with the suite area, the payment plan that applies to your unit, and the DLD project number in writing first. If your one-bedroom measures near Sea Cliff's 730 sq ft or more, Wynwood's earlier handover makes it the better of the two Imtiaz buys.

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 Wynwood Residence on Dubai Islands?

One-bedrooms are listed from AED 1.98 M (about Rs 5.10 crore), with AED 1,972,722 on one price list. Two-bedrooms start at AED 3,221,920 and three-bedrooms at AED 3,998,000. Duplex and penthouse prices are not published; Imtiaz's price list on the day of booking settles them.

What is the payment plan for Wynwood Residence on Dubai Islands?

Two versions are quoted: 20% on booking, 40% during construction and 40% at handover, or 40% on booking, 20% during construction and 40% at handover. On the AED 1.98 M one-bedroom, the first means AED 396,000 at booking; the second AED 792,000. The SPA fixes which applies.

When is the handover for Wynwood Residence on Dubai Islands?

Q3 2027 on every source that gives a date. No source prints a construction percentage, so check the DLD's reading on the Dubai REST app and Imtiaz's own construction updates.

Is Wynwood Residence the same as Wynwood Horizon?

No. Wynwood Residence, also marketed as Wynwood by Imtiaz, is on Dubai Islands. Wynwood Horizon by Imtiaz is a separate project in Meydan, listed from about AED 1.69 M.

Is Wynwood Residence 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 bank. Ask for both and check them on the Dubai REST app.

Does Wynwood Residence qualify for the Golden Visa?

The threshold is AED 2 million of property. The entry one-bedroom at AED 1,972,722 to AED 1.98 M falls just short; every two-bedroom, from AED 3,221,920, clears it.

Can an Indian resident buy at Wynwood Residence?

Yes. Dubai Islands is freehold. Under the LRS each person can remit USD 250,000 per financial year; the AED 1.98 M one-bedroom is about USD 539,000, so a couple needs a little more than one year's allowance.

What service charge and rental yield should I expect?

The building's service charge is not published; Dubai Islands charges are estimated at AED 15 to 22 per sq ft a year. DLD-derived island gross yields run 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: Imtiaz Sea Cliff (from AED 1,995,000, handover 2028), Sunset Bay 3 (from AED 2.02 M, handover 2027), Samana Ocean Bay (from AED 2,100,000, handover 2028) and Mackerel Tower (from AED 1,840,000, handover 2027). See every Dubai Islands project with prices and handover dates.

More by Imtiaz: Sunset Bay (from AED 1.69 M, handover 2026), Beach Walk Grand (from AED 2.6 M, handover 2026) and Hyde Walk by Imtiaz (from AED 1,050,000, ready).

A similar budget elsewhere in Dubai: Lyvia by Palace (from AED 1,980,000, handover 2029), Symbolic Zen (from AED 1,971,000, handover 2027) and Palm Beach Towers (from AED 2 M, handover 2026).

Read next: Apartments for Sale on Dubai Islands: Prices and the Yield Question · Imtiaz Developments Projects in Dubai: Prices and Handover Record · 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.