Dubai Islands waterfront project sells out as DHG begins construction on Helvetia Marine
DHG Properties has started construction on the sold-out Helvetia Marine development at Dubai Islands, with handover scheduled for Q1 2028
Dubai-based developer DHG Properties has begun construction on Helvetia Marine, its premium waterfront residential development on Dubai Islands, after the project sold out ahead of delivery.
The milestone marks the next phase of development for the project, which is scheduled for completion in the first quarter of 2028, as demand for waterfront and off-plan properties continues to support activity across Dubai’s residential market.
Helvetia Marine is being developed by DHG Properties, part of Swiss real estate and construction group DHG, and is located within Dubai Islands, one of the emirate’s fastest-growing coastal destinations.
According to figures released by Dubai Land Department, total real estate transactions in Dubai reached AED68.56bn ($18.67bn) in April 2026, rising by more than 20 per cent and reflecting continued confidence in the emirate’s residential sector.
Investor demand for off-plan and waterfront developments has remained strong over recent months, with Dubai Islands emerging as one of the city’s most active locations for new-home sales.
Dubai Islands attracts off-plan buyers
The district recorded AED2.6bn ($708m) across 691 transactions during April 2026, while total off-plan sales exceeded AED7.9bn ($2.15bn) between January and April, reinforcing its position as a leading waterfront development destination.
Helvetia Marine spans a built-up area of 12,938 square metres and has been designed as a low-rise residential development.
The project includes a mix of one-, two- and three-bedroom apartments, together with a limited collection of duplex and garden residences.
According to DHG Properties, the architecture is inspired by coral formations, while interiors draw influence from yacht living. Selected residences will feature double-height ceilings, private landscaped areas and indoor-outdoor living spaces.
Amenities planned for the development include:
- A panoramic rooftop infinity pool
- Landscaped gardens
- Fitness facilities
- Dedicated social spaces
DHG expands Dubai development pipeline
“The fact that the project is fully sold out at this stage is a strong indicator of how buyer expectations are evolving, particularly towards waterfront living that combines design, privacy, and long-term investment value. Our approach remains consistent – bringing Swiss precision into markets where we see sustained, fundamentals-driven demand.”
Milos Antic, Executive Vice Chairman of DHG Group, said: “Dubai Islands is evolving into a destination that appeals to a new generation of buyers looking beyond traditional residential offerings.
“What is driving momentum in the area is the scale of long-term planning taking place around it. Buyers today are paying closer attention to how communities will develop over the next decade, and Helvetia Marine was positioned to align with that future-focused demand for well-connected, lifestyle-oriented coastal living, while maintaining the exclusivity and attention to detail that define the Helvetia brand.”
The start of construction at Helvetia Marine comes as DHG Properties continues to expand across Dubai’s key growth districts.
The developer’s first project, Helvetia Residences in Jumeirah Village Circle, remains on track for completion in July 2026.
Meanwhile, Helvetia Verde in Meydan Horizon recently broke ground.
Together, the projects represent approximately AED1.3bn ($354m) in combined project value and form part of DHG Properties’ strategy to deliver Swiss-quality residential developments across the emirate.
As construction progresses at Helvetia Marine, the project remains on course for delivery in Q1 2028, adding another waterfront residential community to the rapidly expanding Dubai Islands district.
