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The Acres (Phase 1)

The Acres

Project factsheet

Units in the building 642
District The Acres

About the building

Located in The Acres.

What the building has

  • Park and landscaping

Specifications for The Acres (Phase 1) per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

The Acres (Phase 1) is a residential complex in The Acres.

The building holds 642 apartments in total.

The database currently holds 2 lots in this project, from 8 000 000 AED; 2 of them priced below the market, the deepest discount 3%.

The first phase of Meraas's villa community in Dubailand: 3–5 bedrooms, sizes from 283 to 557 m², a lagoon with a sand beach and seven themed gardens.

What kind of community this is

The Acres is a gated villa community by Meraas, the UAE's government developer. Its portfolio is recognisable — the Bluewaters islands, the waterfront community Port de La Mer, and Burj Al Arab. For a buyer that means predictable timing and above-average quality — and a price that accounts for that predictability.

The first phase launched in December 2023. Layouts are villas with 3, 4 and 5 bedrooms, from 283 to 557 m². Each is stated to have a private courtyard, a pool, a terrace and a barbecue area; the finish includes built-in kitchen cabinets and appliances.

Location — Dubailand, near Global Village, the IMG World of Adventure park and the Equestrian & Polo Club. The grounds have round-the-clock security.

What sets this community apart from its neighbours

The quarter's central design idea is water and greenery in place of dense development: lagoons, lakes and ponds, a park, seven themed gardens, a lagoon with a sand beach. Stated social infrastructure includes an on-site primary school and kindergarten, a retail complex, running tracks, spa studios and a yoga area.

This is a "city within a city" format, and it plays out differently depending on the phase. In the first phase the infrastructure is still being built, and the first owners move into a community where the school and mall exist only on the plan. In a community this size, the gap between the promised and the actual environment stretches out over years.

The launch payment plan was 5% down plus a 4% Land Department fee, 60% during construction and 35% on handover in Q4 2027. The low 5% entry point is what draws investors into projects like this — it's also what makes the instalment plan heavy in the middle of the schedule.

What the market says

A return benchmark for premium property in Dubailand was quoted at 7–8% a year at launch. That's a district average, not a guarantee for a specific villa: in a community with infrastructure still being finished, the early years' rental rate typically runs below the district level.

The selling side's argument at launch was that Meraas's previous projects had multiplied in price by handover, so a similar rise was possible here too. That's an expectation, not a fact, and it can only be checked one way — comparing assignment prices in the Land Department register against the launch price.

A practical benchmark for a resale buyer in this phase: look not at the developer's price for new phases, but at what the first Phase 1 buyers are exiting for. The gap between those two numbers is the idea's real return.

Public launch materials for the first phase, 18 December 2023 — villa mix, sizes, community infrastructure, payment plan and handover date; the district return benchmark is given there too, as a Dubailand average.

What the complex has

Park and landscaping

Where it is

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about The Acres (Phase 1)

Where is The Acres (Phase 1)?

The Acres. Meraas’s villa community in Dubailand: low-rise, heavily landscaped, and built around swimmable lagoons and green corridors.

How much does an apartment in The Acres (Phase 1) cost?

The database currently holds 2 lots in this project, from 8 000 000 AED; 2 of them priced below the market, the deepest discount 3%. Prices move every day, so it is worth asking for the current list for this building.

In the news

What has been written about the building, its developer and The Acres

Where this project stands today

I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.

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