Posted inReal EstateLatest NewsUAE

Dubai real estate: Urban Properties Development launches $81.6mn freehold project in Business Bay

The development, which is under construction, will comprise 146 units including studios, one-bedroom, and two-bedroom apartments, with completion set for Q2 2026

Urban Life Residences in Dubai’s Business Bay
Urban Life Residences

Urban Properties Development (UPD) has unveiled Urban Life Residences, a AED 300 million freehold project in Dubai’s Business Bay.

The development, which is under construction, will comprise 146 units including studios, one-bedroom, and two-bedroom apartments, with completion set for Q2 2026.

The project sits adjacent to a planned 10,000 square metre public park in Business Bay’s East End.

The location provides access to Dubai Mall within 10 minutes, Dubai International Airport within 20 minutes, Mall of the Emirates within 15 minutes, and Kite Beach within 15 minutes.

The development will feature what UPD calls “Dubai’s first AI-powered state-of-the-art gym in a residence.”

Additional facilities include an outdoor pool deck, cinema room, co-seating spaces, children’s play area, and outdoor social pod decks with plunge pools on levels 6 and 10.

UPD, a subsidiary of JAMS Investment, aims to establish itself in the city’s real estate market through residential projects for freehold sale. JAMS Investment manages a portfolio of residential rentals, offices, and hotel apartments across the emirate, employing over 8,000 people.

The project team includes architects, interior designers, and innovation specialists working to deliver units in the sub-luxury and premium market segment.

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