Lyra Ghaf Woods, Ghaf Woods
Majid Al Futtaim is developing Lyra Ghaf Woods within the Ghaf Woods community in Dubai. The project delivers apartments in a nature-led residential district taking shape at the edge of the city's newer expansion zones. Lyra represents one of the apartment phases within this community.
A District That Trades Density for Green Space
Ghaf Woods sits outside the established residential cores of Dubai. It is not Downtown Dubai, Dubai Marina, or Jumeirah. That gap is part of the district's proposition. The area is laid out for residents who prefer lower density, green surroundings, and a quieter daily pace over the walkability and energy of Dubai's established urban neighborhoods.
For commuters, the practical reality is dependence on private transport. Downtown Dubai is roughly a 30-minute drive under normal traffic conditions; Dubai International Airport is in a comparable range. Most daily errands and work commutes will require a car. That trade-off between space and connectivity is the defining factor for any buyer evaluating this location. For investors, Ghaf Woods represents an early-stage position in a district that is still building out its retail, dining, and service infrastructure.
AED 1.19M to AED 1.94M: A Spread Within One Property Type
Apartments at Lyra are priced from AED 1,190,000 to AED 1,940,000. That is a spread of roughly AED 750,000 within a single property type. The variation reflects unit size and floor position: smaller or lower-floor apartments toward the AED 1.19M end, larger layouts or higher-floor units with better views approaching AED 1.94M. At its entry point, this is mid-market pricing for a Dubai apartment in an off-plan suburban development.
The range means this project can accommodate different buyer profiles within a single property type. A buyer with a tighter budget sits at the lower end. A buyer seeking more space or a premium floor position targets the upper range. Both ends of this spread sit within the same community and the same project proposition.
What the Amenities Say About the Target Resident
| Category | Amenities |
|---|---|
| Recreation | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
The indoor swimming pool stands out in a development built around outdoor green space. It signals year-round residential use, not seasonal appeal. The children's play area alongside landscaped gardens makes the target resident fairly clear: families prioritising space and greenery over urban convenience. On-site restaurants reduce dependence on surrounding retail and dining infrastructure, which matters in a district still building out its commercial layer. This amenity set suits owner-occupiers and long-stay tenants rather than buyers targeting short-term rental yields.
Three Years from Groundbreaking
Construction at Lyra begins in August 2027, with expected completion in December 2029. As of late 2026, that is roughly nine months until ground breaks and just over three years to handover. Buyers entering now are fully off-plan, with the entire build cycle ahead of them.
For owner-occupiers, the timeline means committing years before moving in. For investors, the gap between purchase and first rental income runs just over three years from today.
Paying Half at Handover
| Milestone | Payment |
|---|---|
| During construction | 50% |
| At handover | 50% |
The schedule splits the purchase price evenly: 50% paid during the construction period, 50% at handover in December 2029. Construction begins in August 2027, so construction-phase payments are still roughly nine months away. The construction period runs from mid-2027 to end-2029, approximately two and a half years. The handover payment is a single settlement for half the purchase price. At the AED 1.19M entry price, that is AED 595,000 due at keys. At the top of the range, it is AED 970,000. The structure is clean: half the cost falls before handover, half at delivery.
