UAE developer Arada has launched a Dh5 billion ($1.36 billion) project in Dubai including residential, retail and leisure facilities, as demand for luxury property continues to soar in the emirate.
The three-tower luxury seafront development, W Residences at Dubai Harbour, has been unveiled in collaboration with Marriott International, the developer said in a statement on Tuesday. It features 400 branded apartments, ranging from one-bedroom units to five-bedroom homes that include rooftop penthouses with pools.
The three towers will be connected by a podium featuring amenities such as “Dubai’s longest infinity pool, at 200 metres” offering a sea view towards Ain Dubai, a residents' lounge, a music recording studio, a sports simulator room, a games room and an in-house cinema. The complex will also have a fitness centre, a yoga and Pilates studio, a wellness spa, guest suites, co-working spaces and a children's club. The project is set to be completed in 2027, Arada said.
W Residences at Dubai Harbour will add “another new luxury destination” to “Dubai’s iconic skyline”, said Prince Khaled bin Talal, vice chairman of Arada.
Dubai’s property market has recorded strong growth amid wider economic momentum in the UAE, with investors snapping up new units.
The emirate recorded 18,038 transactions in September – a monthly high – with residential sales accounting for 95 per cent of those deals, Property Monitor said in a report this week.
Transactions last month surpassed the previous record of 17,139 set in May, “highlighting continued growth – and confidence – in the sector, which is on track for 30 per cent year-on-year growth by the end of the year”.
Total sales so far this year have exceeded 131,000 – just under 2 per cent less than for the whole of 2023, the report found.
The demand for luxury property in particular has been soaring: the number of home sales in Dubai for units priced at more than $10 million rose 8.2 per cent quarter-on-quarter to 92 deals, provisional third quarter data from consultancy Knight Frank showed. The average sales price stood at $15.3 million.
Meanwhile, home listings for the segment fell to 1,622 this year from 3,316 between the first to the third quarters of 2023, highlighting “the fast pace at which luxury units are being sold and not returning to the market” due to the “buy-to-hold” and “buy-to live” mentality that is prevalent in Dubai’s luxury homes market, Knight Frank said.
In the second quarter, Dubai remained the top market globally for the number of sales of homes priced at more than $10 million, with 85 deals, according to Knight Frank. New York (72) and Hong Kong (61) ranked in second and third place, respectively.
Dubai Harbour – between Palm Jumeirah and Bluewaters, is home to two cruise terminals spanning 120,000 square metres, a vast marina, residential developments and leisure facilities. The district is also expected to benefit from a new bridge project that will link the area directly with Sheikh Zayed Road.
W Residences at Dubai Harbour is Arada’s third project in Dubai, following Armani Beach Residences at Palm Jumeirah and Jouri Hills at Jumeirah Golf Estates. The developer has launched projects with a total value of Dh60 billion and completed 10,000 homes so far.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
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Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
BUNDESLIGA FIXTURES
Friday Stuttgart v Cologne (Kick-off 10.30pm UAE)
Saturday RB Leipzig v Hertha Berlin (5.30pm)
Mainz v Borussia Monchengladbach (5.30pm)
Bayern Munich v Eintracht Frankfurt (5.30pm)
Union Berlin v SC Freiburg (5.30pm)
Borussia Dortmund v Schalke (5.30pm)
Sunday Wolfsburg v Arminia (6.30pm)
Werder Bremen v Hoffenheim (9pm)
Bayer Leverkusen v Augsburg (11.30pm)
