Mr. Eight Development · Dubai Islands
Le Chateau Pietrus at Dubai Islands
First-row marina, corner plot, Dubai Islands, DubaiFor sale · Starting from
AED 3,871 per sqft · 20% down payment
Listed by
White & Co Real Estate
White & Co Real Estate
Based in Dubai
Ask about availability, pricing, or arrange a viewing directly with White & Co Real Estate.
- Unit types
- 2 Bedroom, 3 Bedroom, 4 Bedroom Penthouse
- Size
- 1,018 – 7,009 sqft
- Handover
- Q3 2028
- Payment plan
- Option 1
About the project
About Le Chateau Pietrus at Dubai Islands
A boutique, branded, fully furnished waterfront apartment building of 86 units on a first-row marina corner plot on Dubai Islands, with private boat access and direct marina berthing.
Unit mix is 73 x 2 Bedroom, 12 x 3 Bedroom and 1 x 4 Bedroom Penthouse across seven residential floors, with a French brasserie at ground level.
Sizes and prices are quoted on total area, being suite area plus balcony area, per the developer availability list dated 8 July 2026. Balcony area is a large proportion of total area on several units, and on some 2 Bedroom layouts the balcony exceeds the interior suite, so price per sqft on total area is not directly comparable to price per sqft on interior area. This should be checked line by line before selecting a unit.
Implied entry basis on total area: 2 Bedroom from approximately AED 3,733 per sqft, 3 Bedroom from approximately AED 4,062 per sqft, penthouse approximately AED 4,016 per sqft.
Dubai Islands is a master-planned archipelago off Deira, positioned as the northern waterfront counterweight to Palm Jumeirah and Dubai Harbour. Frontage is finite by geography rather than by planning consent. The district is early in its delivery cycle, with island road links to Deira in place while retail, schooling, healthcare and transit provision are still being built out.
Units & prices
Three unit types
2 Bedroom, 3 Bedroom and 4 Bedroom Penthouse
Notes
86 units in total: 73 x 2 Bedroom, 12 x 3 Bedroom, 1 x 4 Bedroom Penthouse.
2 Bedroom units extend to 2,496.69 sqft and 3 Bedroom units to 2,582.37 sqft.
The availability list dated 8 July 2026 showed 62 units remaining: 53 x 2 Bedroom, 8 x 3 Bedroom, 1 x Penthouse.
Current availability should be re-confirmed at the point of enquiry.
Service charges are AED 30.00 per sqft interior and AED 7.50 per sqft balcony.
Payment plan
Payment plan
35% before handover, 65% at completion. An AED 100,000 booking fee is payable at reservation; whether it is deducted from the first instalment or additional to it is to be confirmed. Resale is permitted once 24% of the property value has been paid, a threshold passed at the second instalment six months after booking. There is no post-handover plan, so the 65% must be funded from equity or mortgage finance at completion and cannot be serviced out of rent.
- 20%First instalmentWith 4% DLD fee and AED 5,000 admin feeAED 788,000
- 5%Second instalmentWithin 6 months of bookingAED 197,000
- 5%Third instalmentAt 20% construction completionAED 197,000
- 5%Fourth instalmentAt 75% construction completionAED 197,000
- 65%On handoverQ3 2028AED 2.56M
Amounts are worked out on the starting price of AED 3.94M.
Amenities
Features & amenities
What the property and community offer.
- Private boat access with direct marina berthing
- Ground-floor French brasserie
- Fully serviced residence with premium services
- Fully furnished delivery
- Marina, open sea, park, Burj Khalifa and community view orientations
Location
Dubai Islands
First-row marina, corner plot, Dubai Islands, Dubai
About Dubai Islands
Dubai Islands is a Nakheel development of five man-made islands off the Deira coast, with beaches, a marina and resort areas. It is an emerging community of mainly low- and mid-rise apartments and villas, connected to Deira by road and close to Dubai International Airport.
- Downtown Dubai and DIFC
- 15 min
Nearby
The investment case
Who it suits, and why
Type of investment
Capital appreciation
- For investors who prioritise long-term value growth and accept a more modest rental yield.
- Suits buyers with a longer horizon who don't rely on rental income.
Best positioned for
Capital appreciation investors underwriting frontage scarcity on an early-cycle master community, using a 35% pre-handover base with secondary-market resale released from month six. Also suits end users seeking a furnished, serviced waterfront primary or secondary residence with private berthing.
Investment analysis
Le Château Piétrus is a boutique, branded, fully furnished waterfront apartment building of 86 units on a first-row marina corner plot on Dubai Islands. The asset sits in the branded-waterfront tier of the Dubai market, competing on scarcity of frontage.
It is a scarcity play: limited inventory, direct marina frontage, private boat access, and a serviced, furnished delivery. That combination reduces the buyer's post-handover work.
The return case rests on the price movement of Dubai Islands frontage between now and 2028, and on the leverage created by a 35% pre-handover exposure. The 65% handover tranche means the buyer must be solvent for a large single payment at completion, or refinance into a mortgage at that point.
Why this works
- First-row marina corner plot with private boat access and direct berthing, a narrow subset of Dubai Islands supply
- Resale permitted once 24% of the property value has been paid, a threshold reached at month six rather than at a construction milestone
- Only 35% of the purchase price is called before handover, with 25% due in the first six months and the remaining 10% across two construction milestones
- 86 units only, so very little competing stock at resale within the building
- Fully furnished and fully serviced delivery, reducing post-handover work for the buyer
- Ground-floor French brasserie and marina berthing differentiate against a district pipeline competing largely on price and view
Exit options
- Secondary-market assignment from month six onward, once 24% is paid
- Resale post-handover into a completed, furnished, serviced building
- Hold and let, long-term or short-term, once the 65% handover payment is funded
The developer
Mr. Eight Development
Mr. Eight Development
A boutique developer with European roots that entered Dubai in 2023. Builds design led residences, mainly on Dubai Islands, with a members club for residents. Also active in JVT and DLRC.
Head office Dubai · Builds in Dubai
Get in touch
Interested in Le Chateau Pietrus at Dubai Islands?
Listed by
White & Co Real Estate
White & Co Real Estate
Based in Dubai
Ask about availability, pricing, or arrange a viewing directly with White & Co Real Estate.
Agency ORN: 25663
Next steps
- 1Confirm live availability against the 8 July 2026 list, which showed 62 of 86 units available
- 2Select the optimal unit by filtering on interior-to-balcony ratio rather than headline total area, then on view orientation and floor
- 3Confirm the treatment of the AED 100,000 booking fee against the 20% first instalment
- 4Secure with the AED 100,000 booking fee, followed by 20% plus 4% DLD and AED 5,000 admin
- 5Model the 65% handover tranche as a funded 2028 liability and confirm mortgage eligibility with a lender if refinance is the intended route