AQUA Properties was founded in Dubai in 2005 as a real estate services company and trades under RERA office registration number ORN 303 from the 1st floor of IST Plaza, Umm Al Sheif, Sheikh Zayed Road. Its development arm, AQUA Developments, was established in 2010 and currently lists eight Dubai projects: J5 and J8 in Al Sufouh, O Ten in Dubai Healthcare City, Tumbi Hotel on Palm Jumeirah, The Community JVT (completed 2023), The Community Motor City, The Central Downtown in Arjan (four towers, 1,200 apartments across a 7 acre plot) and The Community Sports Arena in Dubai Sports City (396 apartments over 22 floors, valued at AED 477 million, completion stated as Q4 2027). The company is led by founder Ali Tumbi, sells studios to three bedroom apartments on a freehold basis, and publishes terrace penthouses at The Central Downtown from AED 2,380,888.
AQUA Properties started on the services side of Dubai real estate, not the building side. From 2005 it worked as a brokerage, leasing and property management company, and it still does. The company's own description of the business covers property marketing, brokerage, leasing, property management, development and project planning, contracting, homeowners association management, and Global REIT, which it describes as the world's first blockchain based REIT. Its client facing services are listed as buying, selling and renting, project marketing, handover services, property management, asset management and development management.
The development arm followed in 2010. AQUA Developments handles the building side and positions itself as a single point of contact across the project execution phase, working with administrators, financial consultants, accountants, legal advisors, designers and contractors.
The company sold and rented other developers' stock in Dubai for five years before it built anything of its own, and it still runs the brokerage and the property management desk alongside the construction side.
In January 2020, Bayut named AQUA Properties its Agency of the Month for Dubai. The company describes itself as award winning across its website but does not publish a list of the individual awards, so treat any specific award count you see quoted elsewhere as unverified.
| Project | Location | Type | Status |
|---|---|---|---|
| J5 | Al Sufouh | Apartments | Completed |
| J8 | Al Sufouh | Apartments | Completed |
| O Ten | Dubai Healthcare City | Apartments | Completed |
| Tumbi Hotel | Palm Jumeirah | Hotel apartments | Completed |
| The Community JVT | Jumeirah Village Triangle | Hotel apartments | Completed 2023 |
| The Community Motor City | Motor City | Apartments | Under construction |
| The Central Downtown | Arjan, Dubailand | Apartments | Under construction |
| The Community Sports Arena | Dubai Sports City | Apartments | Under construction |
The Central Downtown comprises four towers on a 7-acre site, with 1,200 apartments built above a shopping mall and more than 200,000 sq ft of amenities.
The amenities include a wave pool, padel tennis, table tennis, basketball court, rock climbing wall, outdoor cinema, mini golf, colour fountain, BBQ area, health club, jacuzzi, yoga room, open-air gymnasium, jogging track, beauty salon, business centre, daycare centre, multipurpose hall, prayer room, organic farm, rainforest, Zen garden, dog park and golf simulator.
Terrace penthouses feature a private jacuzzi, pergola, sitting area and two parking spaces.
Arjan is located near Dubai Miracle Garden, Dubai Butterfly Garden and Dubai Autodrome. The project is around 20 minutes from Downtown Dubai and Dubai International Airport, 25 minutes from Al Maktoum International Airport, and 15 minutes from Dubai Marina. Ownership is freehold. Permit number: 1862034122.
| Unit Type | Size (sq ft) |
|---|---|
| Studio | 465 to 548 |
| 1 bedroom | 676 to 1,021 |
| 2 bedroom | 1,124 to 1,457 |
| 3 bedroom | 2,225 |
The Community Sports Arena is a 22-storey tower with 396 apartments across 66,628 sq ft. The project is valued at AED 477 million and is scheduled for Q4 2027. It is the third building in The Community series, following The Community JVT and The Community Motor City.
Larger units include a dedicated home office. The building also features co-working floors with seating stairs, a rooftop pool, a sky garden, a quadruple-height lobby with meeting lounges, retail outlets, landscaped parks and an indoor-outdoor gym.
Interiors use full-body porcelain tiles in Spanish and Italian styles, along with European-specification sanitary ware.
The project is a three-minute walk from the upcoming metro station, one minute from the canal and one minute from the upcoming shopping mall. It is around seven minutes by car from Dubai International Cricket Stadium, 25 minutes from Al Maktoum International Airport and 28 minutes from Dubai International Airport. Ownership is freehold. Permit number: 0817984304.
| Unit Type | Size (sq ft) |
|---|---|
| Studio | 481 to 574 |
| 1 bedroom | 914 to 1,006 |
| 2 bedroom | 1,542 to 2,023 |
| 3 bedroom | 1,740 to 2,045 |
The Community Motor City is a co-living building with 22,000 sq ft dedicated to shared facilities. Amenities include a jogging track, business centre, cafe and juice bar, gym, skate park, outdoor chess, badminton court, padel court, outdoor golf simulator, infinity pool, restaurants and retail outlets.
Furnishing is available as an option. The project is around 20 minutes from Dubai International Airport and Dubai Marina, 22 minutes from Downtown Dubai and 25 minutes from Al Maktoum International Airport. Ownership is freehold. Permit number: 1653677696.
| Unit Type | Size (sq ft) |
|---|---|
| Studio | 443 to 637 |
| 1 bedroom | 655 to 893 |
| 2 bedroom | 1,075 to 2,104 |
| 3 bedroom | 1,891 to 2,521 |
Important: The developer's own project page for Motor City still shows a completion date of 2025 while listing the project as under construction, and its construction update gallery runs into 2026. Ask AQUA Properties for the current handover date in writing before you buy.
The only price AQUA publishes openly is for terrace penthouses at The Central Downtown, starting from AED 2,380,888. There is no published pricing for studios, one-bedroom, two-bedroom or three-bedroom units on either aquaproperties.com or aquadevelopments.com. The availability page displays unit pricing only after it is released by the sales team.
Payment plans follow the same pattern. AQUA runs periodic promotional campaigns under names such as the Exclusive Cash Bonus for JVT, the Summer Bonus Offer and the Spring Bloom Bonus, but the terms of any current payment plan are not published on its website.
This matters because property portals and broker websites quote widely different entry prices for the same project. For The Central Downtown alone, figures circulating online range from roughly AED 554,000 to AED 961,000, with completion dates quoted anywhere between Q4 2026 and Q4 2028. None of these figures come from AQUA. Ask for a price list against a specific unit number and a written handover date, and treat everything else as marketing.
| Detail | Information |
|---|---|
| Founded | 2005, Dubai |
| Development arm established | 2010 |
| Founder | Ali Tumbi |
| RERA office registration | ORN 303 |
| Head office | 1st Floor, IST Plaza, Umm Al Sheif, Sheikh Zayed Road, Dubai |
| PO Box | 112985 |
| Hours | Monday to Saturday, 9am to 6pm |
| Brokerage phone | +971 4 518 7555 |
| Development phone | 800 27827 |
| UK line | +44 33 3038 2121 |
| Dubai projects | 8 |
| Completed | J5, J8, O Ten, Tumbi Hotel, The Community JVT |
| Under construction | The Central Downtown, The Community Motor City, The Community Sports Arena |
| Property types | Studios, 1, 2 and 3 bedroom apartments, terrace penthouses, hotel apartments |
| Ownership | Freehold |
| Communities | Arjan, Motor City, Dubai Sports City, JVT, Dubai Healthcare City, Al Sufouh, Palm Jumeirah |
| Published price point | Terrace penthouses at The Central Downtown from AED 2,380,888 |
| Largest project by value | The Community Sports Arena, AED 477 million |
| Project permit numbers | 1862034122, 0817984304, 1653677696 |
Content Reviewed By: Vikas Taneja-RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
The company was founded in Dubai in 2005 as a real estate services business. Its development arm, AQUA Developments, was established in 2010.
Ali Tumbi.
Both. It is a RERA registered brokerage under ORN 303 and a developer through AQUA Developments.
Apartments. Studios, one, two and three bedroom units, terrace penthouses and hotel apartments, all freehold. No villas or townhouses are in the current portfolio.
Arjan in Dubailand, Motor City, Dubai Sports City, Jumeirah Village Triangle, Dubai Healthcare City, Al Sufouh and Palm Jumeirah.
AQUA publishes only one price: terrace penthouses at The Central Downtown from AED 2,380,888. Prices for studios and standard apartments are issued through the sales team rather than the website, so figures quoted on portals are not the developer's.
The developer runs periodic promotional offers but does not publish payment plan terms on its website. Request the current plan in writing against a specific unit.
Only if the purchase value reaches AED 2 million, which is the Dubai Land Department threshold for the ten year investor permit. The published penthouse price at The Central Downtown clears it; smaller units would need to be combined with other property in your name.
No. Despite the name, The Central Downtown is in Arjan, Dubailand, roughly twenty minutes from Downtown Dubai.
The developer's own announcement gives Q4 2027.
The three projects currently selling, The Central Downtown, The Community Motor City and The Community Sports Arena, are all listed as freehold on the developer's project pages.