Beach Walk Residence Phase 3: A Near-Complete Buy on Dubai Islands
Imtiaz Developments and the Third Phase
Beach Walk Residence Phase 3 is an apartment project by Imtiaz Developments on Dubai Islands. This is the third phase in the Beach Walk series from the same developer at the same location. A developer returning to one site across three phases signals sustained commitment to the area, not a one-off project launch. Construction began in September 2024.
Life on Dubai Islands
Dubai Islands sits off the Deira coastline, connected to the mainland and positioned north of Dubai Creek. The location puts residents within a short drive of Deira City Centre and Dubai International Airport. It is a different proposition from the southern coastal strip around Marina or JBR. You trade proximity to DIFC and Business Bay for newer infrastructure and a waterfront setting at a different price point.
For end-users, the appeal is waterfront access and lower density without the congestion of older communities. For investors, a third-phase development on the same island suggests that the developer sees enough buyer demand to keep building. The area is newer than established Dubai waterfront communities, and pricing reflects that earlier stage of development.
What AED 1.9M to AED 5.75M Buys Here
Prices start at AED 1,901,898 for a 1-bedroom and reach AED 5,749,831 for a 3-bedroom. That is roughly a 3x spread across three unit types.
| Unit Type | Starting Price (AED) |
|---|---|
| 1-Bedroom | 1,901,898 |
| 2-Bedroom | 2,713,508 |
| 3-Bedroom | 5,749,831 |
The entry point just under AED 1.9M positions the 1-bedroom as a mid-market option for investors or owner-occupiers buying their first island apartment. The 2-bedroom at AED 2.71M represents a moderate step up and suits small families or buyers who want a more flexible layout. The 3-bedroom at AED 5.75M is a significant premium and targets a different buyer altogether, someone prioritizing the largest unit in the building and willing to pay for it. All units are apartments, so the key differentiator is bedroom count and floor plan rather than property type.
Handover Around the Corner
Expected completion is June 2026. With construction having started in September 2024, this is a roughly 21-month build cycle. The project is now weeks from its target handover date. For a buyer entering at this stage, this is effectively a near-ready purchase rather than a traditional off-plan commitment. Construction risk at this point is minimal, but the payment timeline compresses accordingly. Any remaining during-construction installments and the handover tranche would fall due in quick succession.
Two Ways to Structure the Purchase
The project offers two payment plan options:
| Plan | Down Payment | During Construction | At Handover |
|---|---|---|---|
| Option 1 | - | 60% | 40% |
| Option 2 | 20% | 40% | 40% |
Option 1 requires 60% during construction and 40% at handover, with no separate down payment tranche. Option 2 splits the commitment into three stages: 20% upfront, 40% during construction, and 40% at handover.
Given the project's near-completion, either option today would mean the bulk of payments fall within a short window. The 20% entry under Option 2 is a relatively accessible starting point for this price bracket, but the compressed timeline means the remaining 80% follows quickly. A buyer at the AED 1.9M entry point under Option 2 would put down roughly AED 380,000 upfront, with about AED 1.52M due between now and handover.
What the Amenity Set Tells You
| Category | Amenities |
|---|---|
| Leisure and Wellness | Infinity Pool, Indoor Swimming Pool, Yoga Room, Gymnasium |
| Outdoor Living | Landscaped Gardens, Barbecue Area |
| Family | Children's Play Area |
| Recreation | Golf Club and Clubhouse |
| Services | Valet Parking, CCTV Security |
The standout is the Golf Club and Clubhouse, which is uncommon for a mid-market apartment project. It signals a development targeting residents who expect resort-style living, not just a functional home. The dual pool setup, both indoor and infinity, reinforces that positioning. This amenity package suits families, lifestyle-focused couples, and individuals who want on-site recreation built into their daily routine.