Status
Coming soon
Handover
Jul 2028
Homes
Residences
Developer
Mb Residences Real Estate Development
Pricing
On request
Fay Residence is a current off-plan development by Mb Residences Real Estate Development in Al Jaddaf, Dubai, registered with the Dubai Land Department (project 4407). Declared project value: AED 75M. Scheduled handover: Jul 2028. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.
Al Jaddaf in numbers
Sales recorded
1,146
Median price
AED 1.50M
Median price per sqft
AED 1,875
Average price per sqft
AED 1,875
Al Jaddaf recorded 1,146 registered sales in the May 2025 to May 2026 window, at a median of AED 1.50M, or AED 1,875 per square foot. Almost everything trading here is apartments. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Fay Residence questions
Where is Fay Residence located?
Fay Residence is in Al Jaddaf, Dubai, Dubai. It is registered with the Dubai Land Department as project 4407, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Fay Residence hand over?
The developer has scheduled handover for Jul 2028. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Fay Residence?
Fay Residence is developed by Mb Residences Real Estate Development. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Al Jaddaf sell for?
Al Jaddaf recorded 1,146 registered Dubai Land Department sales in the last twelve months, at a median of AED 1.50M and AED 1,875 per square foot. Fay Residence has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Fay Residence have?
Residences. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Al Jaddaf a good area to invest in?
On the numbers, Al Jaddaf is an active market: 1,146 sales registered with the DLD in the last twelve months at a median of AED 1,875 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Fay Residence?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Fay Residence?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.