Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the sales-launch announcement; the date
of that announcement is shown next to the prices. It is what the developer
claimed at launch, not a registry record — off-plan, phasing and dates get
revised. I will send the current ones over WhatsApp.
About the building
A residential building in The Palm Crescent, currently under construction. Developer — Omniyat.
Specifications for The Alba Residences as published by the developer — the project is under construction, so there is no Land Department record yet.
They describe the whole building, not the individual unit.
About the project
The Alba Residences is a residential building in The Palm Crescent, handover is due Q3 2028.
The developer is Omniyat.
Layouts, according to the sales-launch announcement — 3 and 4 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
The first Dorchester Collection beach retreat on the East Crescent of Palm Jumeirah, by Omniyat: three- and four-bedroom residences with private pools, completion stated for Q3 2028.
What was on offer
The April 2025 lineup: a three-bedroom simplex with a pool from AED 44 million, a three-bedroom duplex with a pool from AED 45 million, a four-bedroom simplex with a pool from AED 58.1 million, a four-bedroom duplex from AED 62 million. Payment plan 60/40, completion in Q3 2028.
A private pool in every residence is what sets this product apart from an ordinary Palm apartment, and it explains the price gap with its neighbours.
Where it sits in the developer's lineup
Omniyat runs an entire lineup under the Dorchester Collection on the Palm and in Business Bay: Orla on the West Crescent, Ava and Vela in Business Bay, and Alba on the East Crescent. Within the lineup they differ not in class but in format and view.
For comparison, from the same release: at Orla the last four-bedroom units went from AED 51 million, penthouses from AED 93.7 million, with handover in Q4 2026; at Ava a resale four-bedroom unit was priced at AED 75 million with handover in Q1 2026.
Composition, prices, payment plan and timing — Omniyat developer materials, April 2025; the comparison with Orla and Ava is from the same materials.
Where it is
The pin is placed by district — I send the exact address on request.
Nothing in the stock for this project right now
Listings for The Alba Residences do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in The Palm Crescent.
The final payment on this building falls in 2028 — 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.
The sales-launch announcement says Q3 2028. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in The Alba Residences?
3-bedroom and 4-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is The Alba Residences?
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in The Alba Residences cost?
Our database has no open listings for The Alba Residences at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
ELA Residences is Omniyat’s ultra-prime scheme on the Palm Jumeirah crescent: Zaha Hadid Architects design, Dorchester Collection service, three- and four-bedroom homes and duplexes. Launched June 2024, under construction since May 2024, entry around AED 43m, handover still Q1 2028.
In March 2026 S&P saw no liquidity pressure at Emaar, DAMAC, Omniyat and PNC Investments. In July Moody's reported most UAE projects due in 2026–27 on schedule despite imported materials costing 20–25% more. What off-plan buyers should take from both.
A developer that builds few buildings at the very top of the market. How the ultra-prime segment behaves differently on pricing, liquidity and comparables — and what due diligence looks like there.
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.