Zephyra Residences 2 by Arsenal East: Apartments, Penthouses and Townhouses on Dubai Islands
Arsenal East is bringing its second phase of Zephyra Residences to Dubai Islands, offering buyers three distinct property types across a wide price band. This is an off-plan project with construction underway and a handover target of mid-2028.
Dubai Islands: What This Location Actually Means
Dubai Islands sits off the Deira coastline, north of the historic city centre. The area is one of Dubai's more deliberate waterfront developments, a cluster of man-made islands that positions residents within reach of central Dubai while offering a lower-density, coastal feel distinct from the Marina or Palm.
The location suits buyers who want proximity to the older, denser parts of Dubai without being inside them. Deira and Al Ghurair are a short drive away. The airport is accessible in under 30 minutes.
What AED 1.7M to AED 3.5M Gets You Here
The price range is wide: AED 1,700,000 at the floor, AED 3,507,723 at the ceiling. That spread is a direct function of the mix on offer.
Apartments sit at the lower end of the range. They suit buyers looking for a straightforward off-plan entry into Dubai Islands at a price point that still allows reasonable rental yield expectations. Penthouses push toward the upper bound, adding the premium that comes with elevation, larger footprints, and the views that go with them. Townhouses occupy a different market entirely: buyers who want horizontal living space, a private outdoor area, and the option to rent to families rather than individual professionals.
The range makes this project relevant to more than one buyer type, which is worth keeping in mind when assessing resale liquidity later.
Three Property Types, Three Buyer Profiles
| Type | Likely Buyer |
|---|---|
| Apartment | Investor or end-user seeking compact waterfront exposure |
| Penthouse | Buyer prioritising space, views, and prestige floor positioning |
| Townhouse | Family buyer or investor targeting higher-value tenants |
Each type serves a different use case. The apartment works for yield-focused investors running a 12-month rental strategy. The penthouse suits buyers who plan to occupy and want a home that reflects the waterfront address. The townhouse fits a family end-user or an investor willing to accept lower occupancy turnover in exchange for a stronger per-square-foot rental return.
Facilities on Site
| Category | Amenities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoors | Landscaped Gardens, Children's Play Area |
| Lifestyle | Restaurants |
| Security | CCTV Security |
Six amenities is a moderate package. The indoor pool is worth noting: it keeps the facility usable year-round, not just in the cooler months. Having restaurants on site is less common in mid-range residential projects and reduces the dependency on driving out for daily meals. The children's play area signals that townhouse families are part of the intended resident mix. Taken together, this is a practical, self-contained set rather than a luxury amenity stack. It reads as a project aimed at residents who want convenience without paying for facilities they will not use.
Off-Plan Entry with a Four-Year Build Runway
Construction started in October 2024. Handover is targeted for June 2028. That is roughly four years from groundbreak to completion, which is within the normal range for a Dubai Islands project of this scale.
For a buyer entering now, the off-plan window is still open. That means full flexibility on unit selection and eligibility for whatever payment schedule Arsenal East is offering. The trade-off is a four-year wait before the asset generates income or can be occupied. Buyers who are stretching their liquidity to enter at this price point should be comfortable with that timeline.