113 Residences
113 Residences by IMAN Developers is a boutique luxury residential project in Al Sufouh, Dubai, featuring Versace Ceramics finishes, spacious terraces, and contemporary architecture with 113 exclusive residences.
Starting from
AED 1,800,000
113 Residences is an off-plan development by IMAN Developers in Al Sufouh, Dubai. Prices start from AED 1,800,000 with a 40/60 payment plan. Handover is expected 2029, 4 unit types are available.
Updated Oct 2026 · Peak Trust Global Real Estate
Project Highlights
- Bedrooms
- 1-4 BR
- Area Range
- 691-2484 sqft
- Payment Plan
- 40/60
- Handover
- Q2 2029
- Status
- Off Plan
- Developer
- IMAN Developers
Market Intelligence
Data-driven investment insights for 113 Residences
Off-plan sales in Al Sufouh: 12,125 deals in 2023 to 10,390 in 2025, on pace for ≈6,357 in 2026. Prices in Al Sufouh have risen a steady 45% over the last 5 years. 113 Residences’ 3 Bed units sell 15% below the area average (a value entry), while 2 Bed & 1 Bed units carry a small premium.
12,125
Buyer demand
Peak-year area deals
+45%
Area price trend
Off-plan AED/sqft · 5-yr
AED 2,605
Price / sqft
Asking · 1 BR
14
Developer projects
IMAN · #62 by sales
—
Total units
Buyer Demand
Off-plan transactions per year · area
Off-plan sales in Al Sufouh: 12,125 deals in 2023 to 10,390 in 2025, on pace for ≈6,357 in 2026.
Solid = deals registered so far; outline = projected full-year from the year-to-date pace. Recent deals take a few weeks to appear in official records, so the current count is a conservative estimate.
Price Momentum
+45% · 5-yrOff-plan price per sqft (AED) · area
Prices in Al Sufouh have risen a steady 45% over the last 5 years.
Price Positioning
Median sold price by unit type (AED / sqft) · project vs wider area
113 Residences’ 3 Bed units sell 15% below the area average (a value entry), while 2 Bed & 1 Bed units carry a small premium.
Developer Strength
IMAN DEVELOPERS L.L.C
14
Total projects
6
Active now
A top-62 Dubai developer by sales volume, #28 by project count (of 823+): 6 delivered, 6 active.
Investor Snapshot
FreeFactual figures for serious investors: comparable sales, rental income & market structure.
Gross rental yield
District 1BR · indicative
Off-plan share
Area sales · recent
Booking capital
50% during construction
Recent Comparable Sales
| Date | Type | Sqft | AED/sqft | Price |
|---|---|---|---|---|
Source: official records · area
Rental Income Potential
Payment schedule (50 / 50)
Rents: registered Ejari contracts. Payment: from-price basis.
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Market data: 113 ResidencesKey figures for 113 Residences in Al Sufouh from official transaction records (registry area: Marsa Dubai). Updated Jul 2026.View source data
| Area price growth (5-yr) | +45% |
|---|---|
| Sold price / sqft (1-bed) | AED 2,534 |
| Area average price / sqft | AED 2,676 |
| Asking price / sqft (1-bed) | AED 2,605 |
| Total projects | 14 |
|---|---|
| Delivered | 6 |
| Active / under construction | 6 |
| Rank by sales volume (Dubai) | #62 of 823 |
| Rank by projects (Dubai) | #28 of 823 |
| Year | AED / sqft |
|---|---|
| 2021 | AED 1,846 |
| 2022 | AED 2,011 |
| 2023 | AED 2,283 |
| 2024 | AED 2,543 |
| 2025 | AED 2,676 |
| Year | Transactions |
|---|---|
| 2023 | 12,125 |
| 2024 | 11,086 |
| 2025 | 10,390 |
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About 113 Residences – Al Sufouh, Dubai, UAE
Contact Peak Trust for 113 Residences
Phone
+971 50 226 0017Office Hours
Monday to Saturday, 10am to 11pm. Sunday closed.
Office Location
Office No. 903, Al Moosa Tower 2, 1503 Sheikh Zayed Road, Trade Centre First, Dubai, UAE
Peak Trust Global Real Estate is UAE's leading property consultancy. Contact our expert team for detailed information about 113 Residences, schedule viewings, and get assistance with financing options. Call us at +971 50 226 0017 or email [email protected].
Real Estate Agent | UAE | English, Arabic
Amenities & Features
Available Unit Types
1 BR Apartment
Apartment with Versace Ceramics finishes
Starting from
AED 1,800,000
2 BR Apartment
Spacious apartment with expansive terrace
Starting from
AED 2,560,000
3 BR Apartment
Premium family residence with generous living spaces
Starting from
AED 3,650,000
4 BR Duplex with Private Pool
Luxury duplex residence with private pool
Starting from
AED 5,440,000
| Unit Type | Bedrooms | Area Details | Starting Price | Action |
|---|---|---|---|---|
1 BR Apartment | 1 | 691 sqft | AED 1,800,000 | |
2 BR Apartment | 2 | 1,034 sqft | AED 2,560,000 | |
3 BR Apartment | 3 | 1,595 sqft | AED 3,650,000 | |
4 BR Duplex with Private Pool | 4 | 2,484 sqft | AED 5,440,000 |
Payment Plan
40/60
- 20%
Booking
On Booking
Initial booking payment
- 10%
Second Installment
90 Days After Booking
Payable within 90 days
- 10%
Construction Milestone
40% Construction Completion
Upon 40% construction completion
- 10%
Construction Milestone
60% Construction Completion
Upon 60% construction completion
- 50%
On Completion
Handover
Final payment on handover
Gallery
Developer Profile - IMAN Developers
Learn more
Location
Nearby Places
Frequently Asked Questions
Prices at 113 Residences start from AED 1.8 million for a 1-bedroom apartment, with larger units available up to AED 5.44 million.
The expected handover date for 113 Residences is Q2 2029.
The project offers 1, 2 and 3-bedroom apartments along with 4-bedroom duplex residences featuring private pools.
The project offers a 40/60 payment plan with 20% on booking, additional construction-linked installments, and 50% payable upon completion.
113 Residences is located in Al Sufouh Gardens, Dubai, close to Sheikh Zayed Road, Palm Jumeirah, Dubai Marina and Al Sufouh Beach.
The project features exclusive Versace Ceramics finishes, boutique low-density living with only 113 residences, premium branded partners, and spacious terrace-focused designs.
113 Residences is developed by IMAN Developers.
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