Le Chateau Pietrus: Apartments on Dubai Islands from AED 3.94M
Mr Eight Development is building Le Chateau Pietrus on Dubai Islands, a coastal area north of Deira linked to central Dubai by road. The project is all apartments, priced from AED 3.94 million to AED 28.15 million, with construction started in July 2026 and handover scheduled for September 2028.
Dubai Islands: What This Location Actually Means
Dubai Islands sits on the coast north of Deira, one of Dubai's main commercial and retail districts. The connection to Deira gives residents access to everyday services, markets, and transport links without placing them in the traffic corridors that run through central Dubai.
From Dubai Islands, Dubai International Airport is accessible without crossing the city. Business Bay and Downtown Dubai are reachable via the Deira road network. The commute to those hubs takes longer from here than from addresses in the Marina or Business Bay clusters, which is the practical trade-off for a waterfront position on this side of the city.
The location sits apart from the established waterfront projects around Dubai Marina, Palm Jumeirah, and Dubai Creek Harbour. Buyers entering off-plan at this stage are taking a position at an early point in the project cycle for this part of the coastline.
AED 3.94M to AED 28.15M: Reading the Range
The price range spans from AED 3.94 million to AED 28.15 million within a single apartment project. A factor-of-seven spread signals different product types at each end: compact formats and smaller floor areas at the lower end, large configurations and premium specifications at the top.
At AED 3.94M, the buyer is entering a waterfront-adjacent project at an accessible price point. At AED 28M, the buyer is purchasing scale and premium specification. The value case at the upper end is built on floor area, view quality, and position within the building.
The right price point depends on what is available at each level and what the specific buyer wants, whether that is an investment unit, a mid-sized owner-occupier apartment, or a large premium residence.
Apartment Formats
All units are apartments. The price range covers formats from compact entry units to large premium configurations, suited to investor buyers at the lower end and owner-occupiers at the upper end.
Amenities
| Category | Facilities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor & Green | Landscaped Gardens |
| Dining | Restaurants |
| Family | Children's Play Area |
| Security | CCTV Security |
Le Chateau Pietrus offers six amenities. The indoor swimming pool and gymnasium cover the core wellness requirement without residents relying on external facilities. The on-site restaurant is relevant for long-stay residents rather than occasional visitors, which signals a project aimed at people who will actually live here.
The children's play area places family occupiers in the target audience. Landscaped gardens add outdoor space, relevant for a development positioned as a residential waterfront address. The amenity set overall is consistent with a residential apartment building rather than a serviced apartment or hotel-residence concept.
September 2028: Timeline for an Off-Plan Position
Construction at Le Chateau Pietrus started in July 2026. The target handover is September 2028, a build period of approximately 26 months. For a buyer entering now, the project is active with a defined completion target.
Off-plan buyers entering at this stage lock in today's pricing and take delivery in approximately two years. The 2028 handover also sets the date on which the 65% balance becomes payable.
The Payment Structure: 35% to Build, 65% at Keys
| Milestone | Payment |
|---|---|
| During construction | 35% |
| Handover | 65% |
The structure breaks into two tranches: 35% paid progressively during the construction period and 65% due at handover. There is no post-handover installment plan.
The 65% due at handover is the significant financial event in this structure. At the entry price of AED 3.94M, that equates to approximately AED 2.56M payable at completion. At AED 28.15M, the handover payment is approximately AED 18.3M. There is no payment tail after September 2028: the position is fully settled at delivery.