Naia Island
A beachfront estate off Jumeirah, unveiled by Shamal Holding in August 2025. A single plot sold for AED 377 million in April 2026, a Dubai record.
Short answer
Naia Island is a low-density beachfront estate off Jumeirah, unveiled by Shamal Holding on 6 August 2025, built around the region's first Cheval Blanc Maison. Shamal Holding has not published a handover date; property portals estimate around 2029. The island is planned for 91 land plots, and Dubai Sotheby's International Realty reported three plot sales worth about Dh1 billion in the two months to June 2026, including a single AED 377 million plot, a record for the project.
- Status
- under construction
- Handover
- Not published by Shamal Holding; portals estimate around 2029
- Payment plan
- Not published
- Starting price
- Not published; plots have sold from AED 167 million to AED 560 million in 2026
Land plots planned
91
Gulf News, 27 Apr 2026
Largest single plot sale
AED 377 million
52,866 sq ft plot. Gulf News, 27 Apr 2026
Plot sales in 2 months to Jun 2026
AED 1.1 billion (3 plots)
The National, 12 Jun 2026
Plots sold since release
63, over three-quarters
Gulf News, 27 Apr 2026
When will Naia Island be handed over?
Shamal Holding announced Naia Island on 6 August 2025, describing early works as already underway, but it has not published a handover or completion date. Property portals give their own estimates rather than a developer confirmed date.
| Source | Estimated handover |
|---|---|
| Property Finder | June 2029 |
| Propsearch | 2029 |
| Shamal Holding | Not published |
Because these are portal estimates rather than a figure from Shamal Holding, treat 2029 as indicative only, and confirm the date in writing for any specific plot or residence you are buying.
How many plots have sold, and for how much?
Naia Island is planned around 91 low-density land plots, ranging from about 19,500 to 53,000 sq ft, alongside a limited number of branded villas. Gulf News reported that 63 plots, more than three-quarters of the total, had sold since release, as of its 27 April 2026 report.
| Sale | Value | Date reported |
|---|---|---|
| Single beachfront plot, 52,866 sq ft | AED 377 million | 27 Apr 2026 (Gulf News) |
| Beachfront plot, European buyer | AED 560 million | By 12 Jun 2026 (The National) |
| Beachfront plot, Middle Eastern buyer | AED 167 million | By 12 Jun 2026 (The National) |
The National reported these three sales together totalled about Dh1.1 billion within a two month window to June 2026, brokered in part by Dubai Sotheby’s International Realty, and described as long term purchases by individual buyers rather than investors.
What do plots and homes at Naia Island cost?
Shamal Holding has not published a standard price list. Based on reported transactions, land at Naia Island has traded at roughly Dh9,500 to Dh11,000 per sq ft of gross floor area, with individual plot sales ranging from AED 167 million to AED 560 million in 2026. There is no published starting price for the branded villas or residences.
Who is the developer?
Shamal Holding is a Dubai based investment firm. Naia Island is its entry into high-value residential development, anchored by the region’s first Cheval Blanc Maison, a hotel brand operated in partnership with LVMH.
What to check before booking
- Written confirmation of the handover date from Shamal Holding directly, since no date has been published and portal estimates vary.
- What exactly is included in the price for a plot, such as whether a villa design or construction is part of the deal or a separate cost.
- The DLD project status for the development, through the Dubai Land Department’s project status enquiry service.
- The payment schedule and any escrow arrangements, which have not been published for this project and should be confirmed directly with the developer.
Questions buyers also ask
When will Naia Island be handed over?
Shamal Holding has not published a handover date. Property portals, including Property Finder and Propsearch, estimate around 2029, but this has not been confirmed by the developer itself.
How much do plots cost at Naia Island?
Shamal Holding has not published a price list. Reported transactions in 2026 range from AED 167 million to AED 560 million for a single plot, at roughly Dh9,500 to Dh11,000 per sq ft of gross floor area (The National; Gulf News).
Who is developing Naia Island?
Shamal Holding, a Dubai based investment firm, unveiled the project on 6 August 2025. It is built around the region's first Cheval Blanc Maison, operated with hospitality group LVMH.
How many plots have sold at Naia Island?
Gulf News reported 63 transactions since the plots were released, more than three-quarters of the 91 planned, as of its 27 April 2026 report.
What is included at Naia Island?
The estate combines private villas, branded beachfront residences and estate plots, a private marina, a spa, dining, and the Cheval Blanc Maison hotel, according to Shamal Holding's August 2025 announcement.