Company announcementRecord
Casa Vista Development reports Dh350m AQUORA Phase 1 sellout
Phase 2 released following October 28 launch event that drew over 800 attendees at Madinat Jumeirah.
Casa Vista Development announced that Phase 1 of its AQUORA residential project on Dubai Islands sold out ahead of the official unveiling, with Phase 2 subsequently released to the market. The development is valued at Dh350 million. The company disclosed the sellout following a launch event held on October 28, 2026 at Madinat Jumeirah, which drew more than 800 attendees including investors, partners and media representatives.
Project specifications and delivery timeline#
AQUORA is planned across a 50,000 square foot plot with 242,000 square feet of built-up area. The development comprises 105 residences and six waterfront retail spaces. Amenities include a 22-metre rooftop infinity pool, a Technogym fitness centre, yoga studio, Zen Garden, pickleball court and concierge services. Handover is scheduled for the first quarter of 2028, according to the company's disclosure.
Company background and real estate activity#
Casa Vista Development operates within a family business structure that began in 2012 across trading, commodities, logistics, construction and real estate. The company commenced strategic real estate investment activity in 2015. Abdul Basit, Chairman of Casa Vista Development, stated that the Phase 1 sellout represents a milestone for the company and that AQUORA reflects the company's commitment to creating homes with defined experience and delivery standards.
Phase 2 release and pipeline disclosure#
Phase 2 of AQUORA was released to prospective buyers following the Phase 1 sellout. The company stated that additional projects are in preparation for future announcement as part of its continued activity in Dubai. The developer did not disclose timelines or specifications for the pipeline projects. Casa Vista Development stated it will expand selectively and bring forward new developments in Dubai's residential real estate market.
Development concept and location#
The AQUORA project is located on Dubai Islands and follows a design concept described by the developer as inspired by water movement. The development includes more than 20 amenities across its residential and retail components. The project's waterfront positioning forms part of the company's portfolio approach to location selection and asset development in Dubai's residential sector.
Sources1 source across 1 domain
- khaleejtimes.comKhaleej TimesPhase 1 sellout of AQUORA project valued at Dh350 million, Phase 2 release, October 28 launch event attendance of 800, project specifications including 105 residences and six retail spaces, 50,000 sq ft plot, 242,000 sq ft built-up area, Q1 2028 handover date, company background from 2012, real esta
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