Fakhruddin Properties

Hatimi Residences

• Apartments

Bedrooms

On request

Size

411–1,923 sqft

Payment plan

On request

Completion

Pre-launch

Available

On request

Handover

Q4 2026

About Hatimi Residences

Palm Deira Off Plan Overview

Hatimi Residences is a 116-unit residential building rising as ground plus two podium levels plus eight floors plus roof, positioned on a dedicated plot within Palm Deira. The project in Palm Deira sits among the newer wave of off plan projects Palm Deira has attracted since the community's masterplan was revived under its current identity as part of the Dubai Islands development.

Developed by Fakhruddin Properties, construction started in October 2024 with a stated completion target of October 2026. As of the latest DLD progress report, the project is in early-stage construction, having recently broken ground on the single-tower structure.

Building Configuration

The building follows a straightforward low to mid-rise layout: two podium parking or amenity floors sit above ground level, followed by eight residential floors and a rooftop level. This configuration keeps the project compact relative to the high-rise towers found elsewhere on Dubai Islands, favoring a lower-density resident count across its single building.

With 116 units spread across eight residential floors, the average unit count per floor is modest, a factor that typically supports lower elevator wait times and less shared corridor traffic compared to larger towers in the wider community in Dubai.

Palm Deira Property Investment Case

For buyers assessing palm deira property investment options, Hatimi Residences represents an entry point into a community still in the earlier phases of its build-out, where new supply is arriving steadily rather than all at once. The 24-month construction timeline from groundbreaking to declared handover is comparatively short, which can appeal to buyers targeting a defined delivery window rather than a multi-year phased masterplan.

Fakhruddin Properties is the developer of record on this project. Buyers should verify unit-level pricing, payment plan structure, and specific typology availability directly, as this listing reflects official DLD project registration data rather than developer sales collateral.

Key highlights

• 116 units across a single G+2P+8+R building
• Located on a dedicated plot within Palm Deira
• Construction started October 2024
• Handover targeted for October 2026
• Escrow held with Emirates NBD Bank
• Developed by Fakhruddin Properties

Why this project

• A 116-unit residential building on Palm Deira with a defined two-year construction timeline to Q4 2026 handover.

Location

Palm Deira Neighbourhood Position

The project's plot sits within Palm Deira, the reclaimed waterfront district north of Deira that has been redeveloped and remarketed as part of the broader Dubai Islands vision. Its position on this footprint places it among a growing cluster of low and mid-rise residential buildings rather than the marina-facing towers found on Dubai's more established waterfront communities.

As one of the off plan projects Palm Deira has seen registered in this cycle, Hatimi Residences benefits from proximity to the area's ongoing public realm and access road works, which are being developed in parallel with residential plots across the reclaimed islands.