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Reef at Lunaya Terraces, Saih Shuaib 1
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Zaya

Reef at Lunaya Terraces

Saih Shuaib 1, Dubai

From

$463K

Handover

2029

Bedrooms

Studio–3 bed

Payment plan

TBC

Zaya's Reef at Lunaya Terraces brings apartments (Studio–3 bed) to Saih Shuaib 1.

Entry prices are listed from $463K (AED 1.7M). Handover: 2029.

  • Freehold ownership
  • Developed by Zaya in partnership with FIVE Holdings
  • Eight apartments per floor
  • Outdoor terraces facing community green spaces
  • Hanging gardens integrated into the building
  • Three-meter ceilings and floor-to-ceiling glazing
Reef at Lunaya Terraces

Photos: developer's project page.

Adviser's note

About Reef at Lunaya Terraces

For buyers considering garden-focused apartment living, Reef at Lunaya Terraces brings outdoor terraces and hanging gardens to a freehold off-plan building in Saih Shuaib 1. Developed by Zaya in partnership with FIVE Holdings, it has seven residential levels above the ground floor, with eight apartments per floor. One-, two- and three-bedroom homes are described, while the Astraterra listing also includes studios. Terraces face community green spaces, and interiors feature three-metre ceilings and floor-to-ceiling glazing. Handover is scheduled for December 2029.

Facilities include a rooftop pool and lounge, a covered gym, outdoor workout areas, sports courts and coworking spaces. Direct access to Sheikh Zayed Road supports connections to The Outlet Village and Dubai Parks & Resorts, both listed as five minutes away by car. Pricing needs careful checking: Lucretia publishes a starting figure of AED 1.7 million, while Astraterra lists AED 2,203,340. I would confirm current prices, availability and the studio offering before making comparisons.

Written by our team from the developer's published information (astraterra.ae), checked 10 November 2026.

Units

Property types and prices

Apartments

Studio

From $463K · AED 1.7M

Apartments

1 bedroom

Price on request

Apartments

2 bedrooms

Price on request

Apartments

3 bedrooms

Price on request

Published unit sizes: 1,615 – 2,466 sqft (150 – 229 m²).

The facts

Key details

Developer
Zaya
Location
Saih Shuaib 1
Unit types
Apartments
Bedrooms
Studio–3 bed
Starting price
$463K · AED 1.7M
Handover
2029
Unit sizes
1,615 – 2,466 sqft (150 – 229 m²)

From the developer

Project description

Reef at Lunaya Terraces is a freehold residential project in Saih Shuaib 1, developed by Zaya in partnership with FIVE Holdings. Its concept adapts the wider Lunaya community’s garden-focused approach to apartment living, with outdoor terraces and planted spaces integrated into the building. Completion is scheduled for December 2029. The building comprises a ground floor, seven residential levels and a rooftop, with eight apartments per floor. Hanging gardens connect the landscaped character of the ground level with the upper floors. Alternating layouts on odd and even levels create different apartment orientations and terrace configurations. The detailed project account describes one-, two- and three-bedroom apartments with three-meter ceilings and floor-to-ceiling glazing; the Astraterra listing also includes studios. Terraces extend the living areas outdoors and face internal community green spaces. Three-bedroom residences include maid’s quarters and enclosed laundry rooms. Residents have access to a rooftop swimming pool and lounge, a covered gym, an outdoor workout area and multipurpose sports courts. Children's play spaces and pedestrian paths sit among landscaped areas, while a ground-floor lobby, coworking spaces, cafés and restaurants support everyday use. Covered parking and round-the-clock security are also listed. The site connects directly to Sheikh Zayed Road in the Jebel Ali area. The Outlet Village and Dubai Parks & Resorts are five minutes away by car, while Expo City is twelve minutes away. The published starting prices differ between sources: Lucretia lists AED 1,700,000, while Astraterra lists AED 2,203,340; current prices and availability require confirmation.

Text summarised from astraterra.ae (original English).

Payments

Payment plan

The developer has not published a payment plan yet.

On site

Features and amenities

  • Rooftop swimming pool
  • Pool lounge
  • Covered gym
  • Open-air gym
  • Multipurpose sports courts
  • Children's play area
  • Landscaped open areas
  • Hanging gardens
  • Pedestrian paths
  • Leisure areas
  • Lobby
  • Lounge
  • Coworking spaces
  • Cafés and restaurants
  • Retail outlets
  • Lift
  • Covered parking
  • 24/7 security

As listed by the developer (original English).

Location

Saih Shuaib 1

  • The Outlet Village – 5 min
  • Dubai Parks & Resorts – 5 min
  • Expo City – 12 min
  • Palm Jebel Ali and its public beach – 14 min
  • Dubai Marina – 22 min
  • Al Maktoum International Airport – 20 min

Map pin is approximate, based on the project name and community.

Investment perspective

Points in favour, points to check

In favour

  • · The developer publishes concrete distances, e.g. The Outlet Village – 5 min.

To check

  • · Compare the $463K entry price with resale prices in Saih Shuaib 1.
  • · Handover in 2029 means capital is tied up until then.
  • · Check the service-charge estimate and the developer's delivery record.

We don't quote rental yields or expected returns for off-plan projects.

Before you commit

What we don't know yet

Not published by the source: payment plan.

  • · Off-plan handover dates can slip; check the completion clause in the sale agreement.
  • · Pay only into the project's escrow account and check its registration with the Dubai Land Department.
  • · Prices here are the published entry level, not a quote for a specific unit.

Developer

More from Zaya

The Sol at Lunaya.

Questions

Reef at Lunaya Terraces: common questions

What does Reef at Lunaya Terraces cost?+

The lowest price published by the source was $463K (AED 1.7M) on 10 November 2026. Releases are repriced often, so ask for the current list.

When is handover?+

The developer plans handover in 2029. Off-plan completion dates can move; the sale agreement sets the binding date.

What is the payment plan?+

Not published yet; we can send the official plan once released.

Where is it?+

Saih Shuaib 1, Dubai. Nearby, according to the developer: The Outlet Village – 5 min; Dubai Parks & Resorts – 5 min; Expo City – 12 min; Palm Jebel Ali and its public beach – 14 min.

Can foreigners buy here?+

Non-residents can buy in Dubai's freehold areas. Confirm that Saih Shuaib 1 is freehold and that the project is registered with the Dubai Land Department before paying a deposit.

Source: astraterra.ae · checked 10 November 2026. Prices and availability change.

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