| Amali Residences at a glance | |
|---|---|
| Developers | Amali Properties and AHS Properties |
| Location | Dubai Water Canal, Al Wasl, next to Business Bay |
| Homes | About 211 residences across twin towers: 2 to 6-bedroom homes, sky villas, podium villas and penthouses |
| Key feature | Every residence has a private pool |
| Reported starting price | From around AED 10M |
| Payment plan | 60/40: 5% on booking, 55% during construction, 40% on handover |
| Handover | Q4 2029 |
What is Amali Residences?
Amali Residences is an ultra-luxury twin-tower development on the Dubai Water Canal, in Al Wasl, right next to Business Bay. It's co-developed by Amali Properties, founded by Amira and Ali Sajwani, and AHS Properties, founded by Abbas Sajwani. Both are part of the family behind DAMAC, and AHS has already delivered prime projects such as Casa Canal and One Canal on the same waterway.
The towers are designed by Killa Design, the studio behind the Museum of the Future, with interiors by HBA. With around 211 homes, it's a small, private collection aimed squarely at Dubai's super-prime market.
The residences
Homes range from 2 to 6 bedrooms, including sky villas, podium villas, triplex layouts and full-floor penthouses. Every residence has its own private pool, and living areas are reported to have ceiling heights of about 5.5 metres, giving the homes a sense of space that's rare in a tower. Views take in the canal, the Downtown skyline and the sea.
Amenities
More than 54,000 sq ft of amenities are spread across three podium levels, known as The Social, The Club and The Retreat. They include pools, a spa, fitness and yoga studios, and business facilities such as an executive boardroom, private studies and a co-working lounge with outdoor terraces.
Location: Dubai Water Canal and Business Bay
The Dubai Water Canal runs from Business Bay through Al Wasl to the Arabian Gulf, and it has become one of the city's most sought-after waterfront corridors. Amali Residences is about eight minutes from Burj Khalifa, with Business Bay, Downtown Dubai, City Walk, Jumeirah and Sheikh Zayed Road all close by.
Prices and payment plan
Market reports put starting prices from around AED 10 million, with larger homes and penthouses priced well above that. The published plan is 60/40: 5% on booking, 55% during construction and 40% on handover in Q4 2029. The 4% Dubai Land Department fee is typically paid at reservation.
Is Amali Residences a good investment?
Super-prime canal frontage. Canal-front homes close to Downtown and Business Bay are in limited supply, which has historically supported values at the top of the market.
Proven developers. AHS Properties has already delivered on the canal, and the Sajwani family brings long experience in Dubai's luxury segment.
Private pools in every home. A feature more often found in villas than apartments, and a strong selling point for resale.
Golden Visa. Every home exceeds the AED 2 million threshold for the 10-year UAE Golden Visa. See the Golden Visa guide.
Who is it for?
- Buyers who want a central, waterfront address between Downtown and Jumeirah.
- Families wanting villa-style space and a private pool without leaving the city.
- Investors targeting Dubai's super-prime segment for long-term capital growth.
What to weigh
This is a high-ticket, long-dated purchase, with handover in Q4 2029 and 40% due on handover. Ultra-luxury resale markets can be slower than mid-market apartments. Compare service charges carefully, since large amenity podiums and private pools come with higher running costs.
New to buying off-plan? Read how buying off-plan in Dubai works and off-plan vs ready property.
Compare other launches
Prices, payment plans and handover dates are launch figures published by the developer or reported by the market, and they change often. Contact me for current availability. This article is general information, not financial advice.
Frequently asked questions
Where is Amali Residences?
Amali Residences is on the Dubai Water Canal in Al Wasl, right next to Business Bay and about eight minutes from Burj Khalifa.
Who is the developer of Amali Residences?
It is co-developed by Amali Properties, founded by Amira and Ali Sajwani, and AHS Properties, founded by Abbas Sajwani.
What is the Amali Residences payment plan?
The published plan is 60/40: 5% on booking, 55% during construction and 40% on handover.
When is the Amali Residences handover?
Handover is scheduled for Q4 2029.
Do all Amali Residences homes have a private pool?
Yes. Every residence is designed with its own private pool.
RERA-licensed real estate consultant at Aeon & Trisl, specialising in off-plan and investment property, with AED 600M+ in closed deals and 100+ clients worldwide.