Latest ABA Group in Dubai

ABA Group is a UAE-based real estate company developing in Dubai. Faisal Alhamer serves as Chief Executive Officer. The company moved into the branded residences market through its agreement with Kempinski S.A., the oldest luxury hotel company in Europe, signed in February 2024.

At the signing, Kempinski board chairman Rene Nijhof said branded residences are the fastest growing part of the hotel group's business, and that nowhere in the world has seen demand as high as Dubai in recent years. Alhamer said the project would deliver homes tailored to the owners who buy them, with amenities built around busy lifestyles.

The February 2024 agreement put Kempinski in charge of managing the residences, giving buyers hotel-style service inside a private building. The plot itself is one of the last remaining in Dubai Marina, which is the scarcity argument behind the project.

The design uses vertical gardens and staggered outdoor terraces filled with greenery, so the tower reads as a green face on the Marina skyline rather than another glass block. Arkiplan handled the architecture, working to a clean, minimalist brief with an emphasis on tactile surfaces and fine materials inside.

The range runs from a 1,131 sq ft one-bedroom to a 12,634 sq ft five-bedroom duplex with seven bathrooms, which is an unusually wide spread inside a single Dubai Marina tower. Seven penthouse suites sit at the top of the building. Every layout is now out of stock from the developer.

Kempinski Marina Residences sold on a 10/45/10/35 structure. Buyers paid 10% at sales launch, 45% across the construction period and 10% on handover, with the final 35% spread after handover. On the AED 3,719,931 launch price that meant roughly AED 372,000 to secure a unit.

The post-handover portion is the notable part. Thirty-five percent of the price falls due after the owner already holds the keys, which lets a buyer start earning rent before the balance is cleared.

These are completed transactions inside the building, not asking prices. The five-bedroom sold at AED 34,950,000 in August 2025 against a launch figure of AED 32 million, which is close to a 9% gain on a unit that will not be handed over until 2029. Thirty-nine resale properties are currently available in the project.

Across Dubai Marina as a whole, average sale prices have risen 5.3% year on year, with 2,104 sale transactions recorded in the past twelve months across 278 buildings. On current Marina yields of 6%, a two-bedroom in the building maps to roughly AED 156,307 a year in rent and a three-bedroom to AED 247,366.

• An international hotel brand: Kempinski manages the residences, giving owners hotel-style service inside a private tower.
• Scarcity of land: The tower sits on one of the last remaining plots in Dubai Marina.
• A green facade: Vertical gardens and staggered planted terraces set the building apart from the glass towers around it.
• Breadth of stock: 453 homes running from 1,131 sq ft one-bedrooms to a 12,634 sq ft five-bedroom duplex in one building.
• A long tail on payments: 35% of the price falls after handover rather than before it.

The tower sits in Dubai Marina, five minutes from Palm Jumeirah and seven minutes from Mall of the Emirates. Dubai Parks and Resorts is fifteen minutes away and Expo 2020 twenty minutes.

Both airports are within roughly twenty-two minutes by car, Dubai International and Al Maktoum International. Dubai Marina itself holds 278 buildings with 3,677 properties listed and an average price of AED 2.8 million.

• Buyers who want a branded residence with a hotel operator attached rather than a standard Marina apartment.
• Investors comfortable with resale entry, since 39 units are available in the project and developer stock is gone.
• Buyers who want post-handover terms, with 35% of the price payable after they take the keys.
• Buyers seeking large-format homes, from 3,048 sq ft three-bedrooms up to a 12,634 sq ft duplex.
• Buyers who value scarce land, given the plot is among the last available in Dubai Marina.

• Buyers who need to move in soon, as completion is set for 31 August 2029.
• Buyers below AED 2.7 million, which was the one-bedroom entry point at launch.
• Buyers who want to purchase directly from the developer, since every layout is out of stock.
• Buyers who want villas, townhouses or a choice of communities, as this is a single tower in one district.
• Buyers who want quiet, since Dubai Marina scores 3.7 out of 5 on connectivity and traffic in community reviews.

The recorded transactions are the strongest evidence. A five-bedroom traded at AED 34,950,000 in August 2025 against an AED 32 million launch price, and further sales have gone through in May and July 2026, four years ahead of handover. That is a live secondary market inside an unfinished building.

The counterweight is concentration and timing. ABA Group has one Dubai project, and the money is committed until 2029 before any keys change hands. Dubai Marina prices have risen 5.3% over the past year, which is steady rather than spectacular, so the return depends on the Kempinski brand holding its premium over a long build.