Investment Potential of 113 Residences by IMAN in Dubai's Real Estate Market

Let's Start With Why This One Is Different

Dubai real estate moves fast. New launches drop weekly, towers get announced with great fanfare, and buyers can quickly feel like every project is the same project wearing a different name. So when something genuinely stands apart from the noise, it is worth paying attention.

113 Residences by IMAN Developers is one of those projects. Not because of flashy marketing or record-breaking heights, but because of where it sits, how it is finished, and what it represents for buyers who have been waiting for the right combination of location, quality and price point in one place.

Al Sufouh, Dubai. Boutique residential building. One to four-bedroom apartments and duplexes. Semi-furnished, with Versace Ceramics surfaces, Technogym equipment and Hafele smart lock systems as standard. Starts from AED 1.80 million. Handover targeted for Q2 2029. Payment plan: 20% on booking, 30% during construction, 50% on handover.

That is the headline version. The full story is more interesting.

What 113 Residences Actually Is

The name gives you one clue about what IMAN is doing here. This is not a tower with 400 units and a leasing office on the ground floor. 113 Residences is a boutique development smaller by design, more considered in execution, and deliberately aimed at buyers who want something that does not feel mass-produced.

The unit mix runs from one-bedroom apartments to four-bedroom duplexes, which is an unusually wide range for a boutique building. It means the project works for a young professional buying their first real investment, a family wanting a proper home in a premium address, and a seasoned investor looking for a large unit with strong resale upside. That kind of versatility matters.

Here is the breakdown of what is on offer:

•        1-Bedroom Apartments — from AED 1.80M, approx. 691 sq ft

•        2-Bedroom Apartments — approx. 1,034 sq ft

•        3-Bedroom Apartments — approx. 1,595 sq ft

•        4-Bedroom Duplexes — approx. 2,484 sq ft

The sizing is generous. In a city where developers sometimes chase unit count at the expense of liveable space, 113 Residences goes the other way. Floor-to-ceiling glazing throughout brings in natural light and frames the views properly. Interiors are semi-furnished with finishes that do not feel like afterthoughts Versace Ceramics on the surfaces, Teka appliances in the kitchen, and Technogym equipment in the fitness spaces. These are brand names that buyers recognise and value.

Quick facts at a glance:

•        Developer: IMAN Developers

•        Location: Al Sufouh, Dubai

•        Unit Types: 1, 2, 3-BR apartments + 4-BR duplexes

•        Starting Price: AED 1.80 million

•        Payment Plan: 20% booking / 30% construction / 50% handover

•        Completion: Q2 2029

•        Parking: 1 space for 1-2BR units, 2 spaces for 3-4BR units

IMAN Developers: Who Is Behind This Project?

IMAN Developers was founded in 2016 and has grown steadily into one of Dubai's more respected mid-market developers. That word respected matters more than it might sound. Dubai has no shortage of developers. What it has a shortage of is developers who consistently deliver on what they promise, on time, with the quality actually matching the brochure.

IMAN's track record speaks for itself here. Every project they have launched has been delivered on schedule. In a market where off-plan delays are almost a running joke, being known as a developer that hits its handover dates is a serious commercial advantage. It is also what separates genuine investor confidence from speculative hope.

Their portfolio spans Jumeirah Village Circle, Arjan and Dubai Hills communities that have matured well and delivered strong rental demand over the years. Projects like Oxford Residence, The Grove, Gardens 2, One Park Central and One Sky Park each carried IMAN's signature: clean architecture, smart home integration, rooftop amenities, and interiors that punch above their price point. Sierra by IMAN was even recognised among the Top 100 Luxury Residences of the World 2025 by Luxury Lifestyle Awards a nod to how far the developer has come since its early days.

113 Residences is their fourteenth project. By this point, they know what they are doing. The question is not whether they can deliver a quality building. It is whether Al Sufouh is the right canvas for what they are trying to build and the answer to that is yes, without much debate.

Al Sufouh: The Address That Does the Heavy Lifting

If you know Dubai, you know Al Sufouh. If you do not know it by name, you almost certainly know it by what surrounds it: Burj Al Arab is four kilometres away. Madinat Jumeirah is four kilometres down the road. Mall of the Emirates is 2.5 kilometres. Dubai Media City is within reach. And the Arabian Gulf is right there.

Al Sufouh is one of those rare Dubai communities that manages to be genuinely coastal, genuinely convenient and genuinely prestigious all at once. It is not a new development area trying to sell you on future infrastructure. The roads are built. The metro is connected. The hotels, restaurants, schools and hospitals are already in place. Residents move in and live well from day one.

What makes this specifically relevant to 113 Residences is the tenant and buyer profile that Al Sufouh attracts. The area draws professionals working in Dubai Media City and Dubai Internet City two of the Emirates' largest tech and media employment hubs. It draws hospitality professionals based at the luxury hotels nearby. It draws families who want beach access and school proximity in the same postcode. That is a diverse, stable and relatively high-income demographic, and it translates directly into rental demand.

Distances that matter from the project:

•        Mall of the Emirates — 2.5 km

•        Madinat Jumeirah — 4 km

•        Burj Al Arab — 4.3 km

•        Dubai Hills Mall — 6.5 km

•        Sheikh Zayed Road — direct access

•        Dubai Metro stations — nearby on multiple lines

For buyers comparing Al Sufouh against JVC or Arjan both solid communities the honest answer is that Al Sufouh carries a different kind of weight. It is more established, more coastal, and more immediately desirable to the kind of tenant who can afford to pay premium rents. That gap in desirability is reflected in yields, and over time, in capital values.

Life Inside 113 Residences: What the Community Feels Like

Boutique buildings live or die by how they feel day-to-day. The amenity list matters, but so does the sense of space, the quality of communal areas and whether the building actually functions the way it is supposed to.

IMAN has built its reputation on getting this right. Their developments consistently feature rooftop pools, well-equipped gyms, BBQ areas, landscaped communal spaces and smart home systems that residents actually use. 113 Residences is expected to carry the same approach, elevated for the Al Sufouh address and the premium price point.

The Technogym fitness equipment mentioned in the project specifications is worth flagging. Technogym is the brand of choice for five-star hotels and professional sports facilities worldwide. Having it as standard in a residential building signals that IMAN is not cutting corners on the amenity experience, even where buyers will not necessarily think to check.

Residents at 113 Residences will also benefit from everything Al Sufouh already offers outside the building:

•        Proximity to beach clubs and waterfront promenades

•        Premium dining options at Madinat Jumeirah and surrounding hotels

•        Retail at Mall of the Emirates, minutes away

•        Healthcare and educational institutions in the immediate area

•        Parks, green spaces and the coastal walkways of the neighbourhood

For families especially, this combination of on-site quality and off-site convenience is the kind of thing that makes a property genuinely liveable over the long term, not just attractive on a brochure.

The Investment Case: What the Numbers and the Logic Both Say

Let us be honest about who reads an article like this. Most people are not just looking for a nice home. They want to know whether 113 Residences is a smart place to put money. So let us go through that properly.

The entry price starts at AED 1.80 million for a one-bedroom in Al Sufouh. For context, comparable one-bedroom units in Al Sufouh and adjacent coastal areas are currently transacting at significantly higher levels in the resale market. Off-plan pricing at launch in quality areas like this typically sits below secondary market values that gap is where early-stage capital appreciation comes from.

The 20/50 split on the payment plan is particularly investor-friendly. Only 20% is required at booking. Another 30% spreads across construction milestones. The remaining 50% is due at handover in Q2 2029. That three-year window between now and completion gives investors time to manage cash flow, benefit from construction-phase appreciation, and make informed decisions about end-use whether rental, resale or occupation.

On rental income, Al Sufouh has consistently delivered strong yields for quality residential stock. Professionals working in Media City and Internet City actively seek well-finished apartments in this corridor. The absence of boutique supply has historically kept rents firm. A building like 113 Residences small in unit count, high in finish quality tends to attract the kind of long-term tenants who pay well and stay.

The branded finishes add a layer of value that is easy to overlook. Versace Ceramics and Technogym are not just nice things to have. They are verifiable quality signals that affect how prospective tenants and buyers perceive and price the unit. In a competitive rental market, a Technogym gym and Versace-finished interiors support a premium asking price in a way that generic fitouts simply cannot.

One thing buyers should factor in honestly: Q2 2029 is three years away. Off-plan purchases carry construction and delivery risk, regardless of the developer. IMAN has delivered on time consistently, which reduces that risk meaningfully. But it does not eliminate it. Buyers should review the Sales Purchase Agreement, confirm the escrow registration with Dubai Land Department, and factor the full investment horizon into their decision.

Frequently Asked Questions

Q1. Where is 113 Residences located?

The project is in Al Sufouh, Dubai one of the city's most established and prestigious coastal neighbourhoods. It offers proximity to Burj Al Arab, Madinat Jumeirah, Mall of the Emirates, Dubai Media City and Sheikh Zayed Road.

Q2. What unit types are available at 113 Residences?

The building offers 1, 2 and 3-bedroom apartments along with 4-bedroom duplexes. Sizes range from approximately 691 sq ft for the one-bedroom units up to 2,484 sq ft for the four-bedroom duplexes.

Q3. What is the starting price?

Units start from AED 1.80 million for a one-bedroom apartment. Pricing increases progressively for larger configurations. For the most current availability and pricing, buyers should contact IMAN Developers or an authorised registered agent.

Q4. What is the payment plan structure?

The payment plan is structured as 20% on booking, 30% across three construction milestone payments — at 90 days, 40% completion and 60% completion — and the remaining 50% due upon handover. This is a relatively back-weighted plan, which is buyer-friendly for cash flow management.

Q5. When is the expected handover?

113 Residences is scheduled for handover in Q2 2029, which is June 2029. IMAN Developers has a consistent track record of on-time delivery across their previous projects.

Q6. What finishes are included in the apartments?

The residences are semi-furnished and include Versace Ceramics surfaces, Teka kitchen appliances, Hafele smart lock systems, Technogym fitness equipment and high-end sanitary ware throughout. Floor-to-ceiling glazing is standard across all unit types.

Q7. Is 113 Residences a good investment?

For buyers who want a boutique, well-finished product in a coastal Dubai address with a reputable developer and buyer-friendly payment structure, 113 Residences represents a well-positioned opportunity. Al Sufouh's strong rental demand and undersupplied boutique segment add to the case. As with any off-plan purchase, independent due diligence and a review of the SPA and DLD escrow registration is recommended before committing.

Q8. How many parking spaces do units come with?

One and two-bedroom apartments come with one allocated parking space. Three and four-bedroom units include two parking spaces.

Final Thoughts: Is 113 Residences Worth Serious Consideration?

The honest answer is yes but with eyes open.

Al Sufouh is not a speculation play. It is a proven address with deep demand, limited supply of boutique product and strong occupier demographics. When a developer with IMAN's delivery record brings a project here at an accessible off-plan price point, with premium branded finishes and a sensible payment structure, it checks a lot of boxes that serious buyers look for.

The four-bedroom duplexes are particularly interesting for investors with longer horizons. Large family units in premium coastal locations in Dubai are chronically undersupplied relative to demand. At 2,484 sq ft in Al Sufouh, that product has a very specific and loyal buyer pool at resale.

What you should not do is buy it on hype alone. Read the contract. Confirm the DLD escrow details. Understand what semi-furnished means specifically and what it does not include. Know your exit strategy before you sign whether that is rental from handover, a resale flip in 2028 as construction nears completion, or long-term hold.

Done with that level of care, 113 Residences by IMAN is one of the more credible launches in Dubai right now. It does what good property should do: combines the right location with a developer you can trust and a product that will hold its appeal long after the launch buzz dies down.