The real estate landscape in Dubai is witnessing a transformative shift with the progression of Amali Island, a private island development that has garnered attention for its luxurious offerings. As Ali and Amira Sajwani, co-founders of Amali Properties, highlighted, “The timing is right for World Islands,” reflecting their confidence in the project’s potential. With a commitment to creating an exclusive waterfront lifestyle, this endeavor exemplifies the latest trends in luxury real estate, boasting a unique allure that appeals to high-net-worth individuals globally.
Collaboration with DUTCO for Construction Excellence
Amali Properties has engaged DUTCO to finalize the remaining marine works and oversee the construction of Amali Island, marking a significant step for the developer’s inaugural project on Dubai’s World Islands. This collaboration, as announced by the Sajwanis, signals an accelerated effort in waterfront expansion for the company.
The ambitious development encompasses 24 luxurious villas situated on a newly created 1.2 million square foot platform, a product of a meticulous process where dredging contractor Van Oord merged two islands into a single landmass. This private island is equipped with advanced marine infrastructure, including quay walls and protective shoreline systems, essential to be finalized prior to initiating vertical construction.
Quality Assurance in Construction
Ali Sajwani expressed optimism regarding the partnership with DUTCO, emphasizing their expertise and familiarity with the island’s unique requirements. “We partnered with DUTCO for our marine works, and today we are happy to announce that we will be partnering with them for our main works package moving forward,” he stated during a press conference. “For a product of this quality on the water, there are only a handful of contractors in Dubai who can meet our standard.”
Preparatory assessments have already commenced on the site, paving the way for the construction of the villas and clubhouse, as DUTCO’s team gears up for the structural work ahead.
Luxury Market Dynamics and Pricing Strategy
The exclusive project, which broke ground in late 2024 and is slated for completion by the end of 2027, has garnered remarkable interest, with all villas sold out. Prices for these luxurious homes range from approximately AED 50 million to AED 200 million, including a standout residence spanning over 30,000 square feet. The buyer demographic extends across the UK, US, Asia, and the Middle East.
When queried about the AED 200 million price tag, Amira Sajwani explained that luxury assets command high premiums in competitive markets. “Anything is worth what somebody is willing to pay for it,” she remarked. “This villa is a private villa on a private island within the island, with a rare land size and unique layout. A comparable asset in London that isn’t new would cost just as much, if not more.”
Market Timing and Strategic Growth
Amira further elaborated on the strategic choice of developing on the World Islands, recognizing the location’s potential. “The timing is right for an area like this,” she noted. “It was overlooked for years, but we saw where we could add real value and uplift the entire location.” She highlighted the importance of evolving perceptions around the islands, as many buyers were initially skeptical about their viability.
“Timing is everything in this market,” she emphasized, acknowledging that the influx of millionaires and billionaires into Dubai is desirous of unique waterfront offerings. “That shift made this project viable,” she concluded.
Ali Sajwani pointed out the growing interest in the region, noting new developments such as Zuha Island and luxury branding initiatives with established hospitality names. “All the projects coming up in the next four years have big brands attached,” he said, predicting a shift toward true luxury in the area.
As Amali seeks to differentiate itself, the company envisions building its brand identity rather than aligning with existing well-known flags. “Our island is promoted under our own brand,” Amira confirmed. “We are focused on building our own experience and lifestyle.” Additionally, the Sajwani siblings revealed plans for future ventures, including a new waterfront residential tower in central Dubai set for early 2026.
With the luxury housing market in Dubai remaining tight amidst surging high-net-worth demand, the Sajwanis are confident that Amali Island is tailored precisely to meet that demand. “Dubai has shown that no area stays overlooked for long,” Amira stated, emphasizing that timing, vision, and execution are integral to their strategy. “For us, Amali Island brings all three together,” she concluded, highlighting the thoughtful approach that underlies this ambitious project.