Price from
AED 709K
Starting price for 09 Life Residences.

Under Construction
09 Life Residences by Deniz Development in Wadi Al Safa 5. Studios and one-bedrooms priced from AED 709K, Q3 2027 handover target with construction 4.
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Price from
AED 709K
Starting price for 09 Life Residences.
Completion
Q3 2027
Tracked completion target for 09 Life Residences.
Related projects
4
Nearby launches and other Deniz Development projects.
09 Life Residences is a 221-unit off-plan development by Deniz Development in Wadi Al Safa 5, priced from AED 709K with a Q3 2027 handover target. The project splits into two unit bands: compact studios and junior one-bedrooms from 36.36 to 49.72 sqm at AED 709K to AED 869.9K, and larger one-bedroom configurations from 72.18 to 95.01 sqm at AED 1.16M to AED 1.37M. Observed per-sqm rates run from AED 13,253 to AED 19,499 depending on unit size and position within the building. Construction is currently running 4.86% behind plan, and a 6% buyer-side buyer-side fee applies on top of the purchase price. Before committing, compare Reef 995, Celesto 4, and Verdan1a 5 on per-sqm terms, payment plan structure, and construction status.
The 221 units at 09 Life Residences divide into two bands with meaningfully different investment profiles. The smaller band — 110 units from 36.36 to 49.72 sqm — is priced from AED 709K to AED 869.9K. These are compact studios and junior one-bedrooms suited to investors targeting the entry-level rental market or end-users seeking an affordable freehold position in Dubai. The larger band — 111 units from 72.18 to 95.01 sqm — runs from AED 1.16M to AED 1.37M, delivering one-bedroom configurations with liveable floor plates at a per-sqm rate that compresses as unit size increases.
At observed per-sqm rates of AED 13,253 to AED 19,499, the variance is significant enough to change the investment calculus entirely. AED 19,499 per sqm at 72 sqm is a different proposition to AED 13,253 per sqm at 49 sqm — the larger unit costs more per door but buys proportionally more space. Buyers optimising for yield should model both bands against comparable rental evidence in Wadi Al Safa 5 before selecting a unit size.
The 6% buyer-side fee is a buyer-side cost on every transaction. At the AED 709K entry price, that adds AED 42,540. The 4% Dubai Land Department transfer fee adds a further AED 28,360, bringing total acquisition costs at entry to approximately AED 779,900 before mortgage fees. Any investment case for the compact units must clear this all-in figure against projected net rental yield and realistic resale uplift by handover.
For a full cost comparison between off-plan and ready property at this price point, the off-plan vs ready guide sets out the payment plan leverage and risk trade-offs that apply directly to this project. Confirm the instalment schedule with Deniz Development and map it against your liquidity timeline before reserving.
09 Life Residences is currently running 4.86% behind its construction programme. Against a Q3 2027 handover target, this is a measurable deviation. Projects that enter slippage at intermediate construction stages carry a higher probability of further delay than those tracking on schedule — the 4.86% figure is a warning to monitor, not a number to dismiss.
In practical terms, a delay of one to two months is the central projection based on current progress, shifting realistic handover to Q4 2027. Investors planning rental income activation should model a Q4 2027 to Q1 2028 start window as the conservative base case.
Deniz Development holds this project's escrow account under Dubai Land Department oversight. Buyers should request confirmation that construction-linked disbursements from the escrow account are tied to certified completion milestones — not time-based releases — as this protects capital if slippage worsens. RERA's Oqood registration records and escrow account documentation are publicly accessible reference points for any buyer conducting due diligence.
Under UAE Law No. 8 of 2007, a handover delay of more than 12 months beyond the contracted date entitles buyers to terminate the SPA and claim a refund from escrow. The current 4.86% slippage does not approach that threshold, but it is a negotiating data point worth raising during contract review. For buyers still deciding between off-plan and completed stock in this price band, the off-plan vs ready comparison details how construction risk should be priced into the buying decision.
Wadi Al Safa 5 is a freehold residential community in Dubai's inland growth corridor, positioned between the established villa belt of Arabian Ranches and the denser mid-rise supply zones extending south from Al Barsha. The area connects directly to Al Khail Road (E44) and Emirates Road (E611), giving residents arterial access to Downtown Dubai in approximately 25 to 30 minutes and Dubai Marina in 30 to 35 minutes under off-peak conditions.
The area's defining investment characteristic is its land cost basis. Wadi Al Safa 5 sits outside the premium pricing zones that add AED 3,000 to AED 6,000 per sqm in districts like Business Bay or Jumeirah Village Circle at equivalent unit sizes. This cost structure is the primary reason developers can deliver freehold product below AED 870K in this corridor, and it is the structural foundation supporting the AED 13,253 per-sqm floor at 09 Life Residences.
The trade-off is infrastructure maturity. Wadi Al Safa 5 lacks the retail density, metro access, and completed amenity base of more established Dubai communities. Supply is being added faster than community infrastructure in several sub-pockets, which creates a timing risk for buyers targeting rental income immediately post-handover. Rental demand in the area tracks employment growth in the adjacent Dubailand commercial nodes and the Al Barsha South corridor — that demand is real but not yet deep enough to absorb all units completing in the 2027 to 2028 window simultaneously.
For buyers evaluating 09 Life Residences as part of a broader Wadi Al Safa 5 investment thesis, the area is mid-cycle. The yield profile is being set by current launches. Buyers who enter now at or near the per-sqm floor have the most defensible cost basis if the community's infrastructure trajectory continues.
Three live projects in the same supply corridor give buyers the direct comparison points needed before deciding 09 Life Residences.
Reef 995 targets a comparable buyer segment at the sub-AED 1M entry tier. Compare it against 09 Life Residences on per-sqm pricing, payment plan structure, and developer track record. If Reef 995 delivers a lower per-sqm rate with a comparable handover timeline, the floor area efficiency makes it the stronger yield entry in this price band.
Celesto 4 suits buyers who prioritise unit size over entry price. Evaluate the effective price-per-bedroom across both projects — gross yield in a competitive rental market is determined by achieved rent per unit, not per sqm, so a larger unit at a higher ticket price can outperform a compact unit if the rental premium justifies the additional capital outlay.
Verdan1a 5 is the closest geographic and product comparator in this corridor. Buyers targeting Wadi Al Safa 5 specifically should run a side-by-side on construction progress, developer identity, and payment plan leverage against 09 Life Residences before committing to any single project.
The most productive next step after reviewing this pricing and progress data is the Wadi Al Safa 5 area guide, which establishes the demand and supply context that determines whether any project in this corridor earns selection status. For broader guidance on the off-plan acquisition process in Dubai — including SPA review, escrow verification, and DLD registration — the buying guide covers the procedural steps that apply directly to 09 Life Residences.

The contracted handover target is Q3 2027. A 4.86% slippage at the current construction stage indicates a delay of one to two months is the central case, placing realistic delivery in Q4 2027. Investors modelling rental income should plan for a Q4 2027 to Q1 2028 activation window rather than mid-2027. Buyers should verify that payment releases to Deniz Development from the Dubai Land Department escrow account are tied to certified construction completion milestones, not time-based triggers. Under UAE Law No. 8 of 2007 governing off-plan sales, a delay exceeding 12 months beyond the contracted date triggers the buyer's right to terminate and claim a refund from the escrow account.
At AED 709K, the 6% buyer-side fee adds AED 42,540. The Dubai Land Department transfer fee adds 4% of the purchase price, approximately AED 28,360. Together, the minimum buyer-side acquisition cost before mortgage fees sits at approximately AED 779,900. Buyers financing through a UAE mortgage should add 0.25% of the loan amount as mortgage registration fee on top of that figure. This all-in cost must be benchmarked against projected rental yields and expected resale values at or after Q3 2027 handover to establish whether the off-plan entry price justifies the total outlay relative to comparable completed stock in Wadi Al Safa 5.
At AED 13,253 to AED 19,499 per sqm, 09 Life Residences sits in the mid-range of current Wadi Al Safa 5 off-plan supply. The spread between floor and ceiling rates reflects the difference between bulk-configured compact units and higher-floor or premium-positioned larger units. Buyers targeting gross yield should focus on units priced near the AED 13,253 floor, where rental return potential is strongest once the community stabilises post-completion. Compare Reef 995 and Celesto 4 directly on per-sqm terms before making a selection decision, as competing launches in the same corridor are being priced against the same rental demand base.

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