Photo of the community Enshaa
The developer of two landmark buildings on the Culture Village waterfront: a fashion-branded hotel with residences, and an eighty-floor tower beside it.
2 lots in stock across 1 project. By median price — 21st of 139.
- The Creek waterfront
- Branded residences
- Completed buildings
- Long holding periods
Median price $2.19M AED 8 050 000
Entry price $1.14M AED 4 200 000 — the cheapest lot
Per square foot $668 AED 2 455 / sq.ft, median
Where they build
The districts where this developer has the most lots in our stock.
Al Jaddaf 2
The company in brief
Checkable facts about the developer itself. Unlike the figures above, these are not about our stock and do not move with what happens to be listed today.
- Shareholders
- Emirates Investments Group, Majid Al Futtaim Group, Abraaj Capital
- Palazzo Versace Dubai
- a 217-room hotel plus 169 serviced apartments in two buildings
- Status
- the second Palazzo Versace in the world after the Australian one
- D1 Tower
- 80 floors, 284 metres
- D1 timeline
- construction from 2007, opened 2015
- Location
- Culture Village on the Dubai Creek
What kind of developer this is
A small developer with large shareholders
Few projects, but serious institutional names behind them. This is not a serial developer; it is a company of two buildings, and it should be judged that way.
Both sit on the same stretch of Creek waterfront and both are recognisable from a distance.
Two very different products
One is a fashion-branded hotel with serviced apartments: designer interiors, hotel service, water views — and correspondingly a high service charge, the option of joining the hotel pool, and limits on how you furnish.
The other is a plain eighty-floor residential tower next door: the same waterfront and the same views, a different cost base and a different buyer. Do not model them as one thing.
What to check before you sign
The view and what is scheduled to be built around it on the master plan. Then condition — both buildings are around a decade old — and the service charge as an annual figure.
Price from sales inside the building itself over the last six to twelve months. Comparables from elsewhere on the Creek will mislead you.
Projects by Enshaa
All projects →Enshaa listings in stock
All stock → Photo of the community Photo of the community What these numbers mean, and what they do not
Lots are matched to Enshaa by project name, since the base has no developer field. The numbers above therefore describe our stock rather than the company’s market share: a developer with a large completed portfolio can show fewer lots than one whose buildings are resold more often.
All prices are asking prices, not sales. For the building you pick I pull the registered Land Department transactions and show the prices deals really closed at.
In the news
Enshaa: an early branded residence, twenty years on
The developer behind one of Dubai’s first fashion-branded buildings and a tall tower on the creek. What happens to a branded premium once the building is no longer new.
Other developers
All developers → Questions
Enshaa: questions and answers
How much does a Enshaa apartment cost?
The median across this developer's lots in our stock is $2.19M (AED 8 050 000), with entry from $1.14M. The median per square foot is $668. They are drawn from asking prices in our own base and refreshed every night — a picture of current supply rather than of the official price list.
What projects is Enshaa building?
Our catalogue holds 2 projects by this developer, each with a building passport: storeys, unit count, handover date, the mix of bedrooms. The list is on this page, and the districts where the developer has the most lots in stock are in the “Where they build” block. Under each project sit the lots on sale, where there are any.
Should I buy from Enshaa direct or through a broker?
Money-wise there is no difference: on off-plan the broker is paid by Enshaa, not by you, so calling the sales office direct saves nothing. What differs is the view — the developer’s sales team sells only its own buildings and will not mention that the same unit costs less next door or that this project hands over later. On resale and assignment the commission is the usual 2% plus VAT.
Is Enshaa worth buying
It depends what you are buying and why. Send me your budget and the job it has to do — I will tell you which of this developer's projects make sense right now and which I would walk past.
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