Dubai-based developer Sol Properties has announced the launch of an AED 1 billion ($272 million) residential project in Jumeirah Village Triangle (JVT), adding 612 homes to one of the city’s fastest-growing family-friendly communities. The development, named Oasis Views, underscores the sustained demand for mid-market and luxury housing in Dubai’s suburbs, fueled by population growth and competitive investor returns.
The project will feature a mix of 3- and 4-bedroom townhouses and apartments, with units priced from AED 1.5 million (i.e., $408,000). Designed for end-users as well as investors, Oasis Views boasts amenities like —
- swimming pools
- smart home systems
- landscaped parks
- retail outlets
Construction is slated for completion by Q4 2027, with payment plans offering 80/20 post-handover options to attract buyers.
The launch aligns with JVT’s emergence as a hotspot for affordable yet premium living. Data from the Dubai Land Department reveals a 22% annual increase in property transactions in the area, driven by its central location between Dubai Marina, Al Barsha, and Expo City Dubai. Industry experts note that JVT’s average rental yields of 6-7% and proximity to schools like GEMS Metropole have made it a magnet for families and expatriates.
Sol Properties, a relatively new player in Dubai’s real estate sector, emphasized sustainability in its design. With a focus on Dubai’s 2050 Net Zero Strategy, the project will integrate —
- solar panels
- energy-efficient lighting
- water recycling systems
Around 40% of the units were booked during the pre-launch phase.
The announcement follows a surge in suburban project launches across Dubai, with developers like DAMAC Properties and Azizi Developments also expanding footprints in areas such as —
- Dubai Hills
- Jumeirah Village Circle
Analysts at Chestertons MENA attribute this trend to
- rising land costs in central districts
- shifting buyer preferences toward spacious, green communities
With Dubai’s population projected to exceed 4.2 million by 2026, the race to deliver quality housing continues.