Franck Muller Yachting: off-plan project in Dubai Maritime City
Franck Muller Yachting is an off-plan residential apartment project in Dubai Maritime City, registered with the Dubai Land Department as project no. 4017 and developed by London Gate Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 566 off-plan sales were registered there at a median price of AED 1,617,000 (AED 2,583 per sq ft); 80% of sales fall between AED 1,283,000 and AED 3,135,000.
- 566off-plan sales in 12 months
- AED 1,617,000median sale price
- AED 2,583median price per sq ft
- 0%construction progress (DLD)
- July 2028end date in the register
- 585registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,583 per sq ft, Franck Muller Yachting is 19.3% below the median of off-plan sales across the 12 projects tracked in Dubai Maritime City (AED 3,202 per sq ft), and 46.1% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 566 off-plan sales in 11 months since the first registered sale (November 2025), about 51 a month; number 2 by sales in Dubai Maritime City over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end July 2028.
- Profile: the best-selling type (apartment · studio) makes up 50.4% of sales, alongside 2 other types.
Franck Muller Yachting: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 4017 |
| Registered developer | London Gate Real Estate Development L.L.C (developer no. 1596) |
| Master developer | Dubai Maritime City FZE |
| Community (master project) | Dubai Maritime City |
| DLD area | Madinat Dubai Almelaheyah |
| Register status | not started |
| Construction progress | 0% |
| Project start | July 30, 2025 |
| Planned end | July 29, 2028 |
| Registered units | 585 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Franck Muller Yachting off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 1,346,000.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 285 | AED 1,346,000 | 1,236,400 – 1,459,800 | 38 m² (409 sq ft) | AED 3,133 |
| Apartment · 1 bedroom | 170 | AED 2,112,000 | 1,909,600 – 2,329,900 | 88 m² (947 sq ft) | AED 2,376 |
| Apartment · 2 bedrooms | 111 | AED 3,138,000 | 2,757,000 – 3,329,750 | 136 m² (1,464 sq ft) | AED 1,952 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · Studio: 50.4% of off-plan sales, with a median size of 38 m² (38 to 51 m² for 80% of them).
- Apartment · Studio: 50.4% (285 sales)
- Apartment · 1 bedroom: 30% (170 sales)
- Apartment · 2 bedrooms: 19.6% (111 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Franck Muller Yachting off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,595 in Q4 2025 to AED 2,335 in Q2 2026 (-10%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q4 2025 | 426 | AED 2,595 | — |
| Q1 2026 | 127 | AED 2,580 | -0.6% |
| Q2 2026 | 10 | AED 2,335 | -9.5% |
| Q3 2026 | 3 | AED 3,094 | — |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Dubai Maritime City
To gauge the rental market around Franck Muller Yachting: annual rents of Ejari contracts registered in Dubai Maritime City over the last 12 months (129 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 14 | AED 64,913 | 58,750 – 70,500 |
| Apartment · 1 bedroom | 55 | AED 90,000 | 80,000 – 100,000 |
| Apartment · 2 bedrooms | 51 | AED 130,000 | 120,000 – 140,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Franck Muller Yachting?
Franck Muller Yachting is in Dubai Maritime City (DLD area Madinat Dubai Almelaheyah), Dubai.
- Nearest metro station: Al Ghubaiba Metro Station
- Nearest shopping mall: Dubai Mall
- Nearest landmark: Burj Khalifa
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Dubai Maritime City
- All DLD sales at Franck Muller Yachting (new and resale)
- Dubai Maritime City property prices
- Dubai Maritime City rents
- All London Gate Real Estate Development L.L.C projects
Other off-plan projects in Dubai Maritime City
- Breez by Danube — AED 3,492/sq ft
- Kanyon By Beyond — AED 2,889/sq ft
- Chelsea Residences 2 by DAMAC — AED 3,202/sq ft
- Soulever' By Beyond — AED 3,774/sq ft
- Chelsea Residences by DAMAC — AED 3,120/sq ft
- Talea — AED 3,016/sq ft
- Oceanz 2 By Danube — AED 2,607/sq ft
- Prestige One Residences — AED 3,523/sq ft
More projects by London Gate Real Estate Development L.L.C
Same budget elsewhere in Dubai (around AED 1,617,000)
- Nova Tower, Dubai Science Park — AED 1,615,000
- Hillside Residences 1, Wasl Gate — AED 1,619,045
- Minati Homes 1, Al Furjan — AED 1,612,500
- Enso Jade, Jumeirah Garden City — AED 1,623,250
- The Haven III, Majan — AED 1,609,302
- Rise by Athlon 1, Wadi Al Safa 5 — AED 1,628,170
Projects presented by Cevitas
Frequently asked questions
How much does a home at Franck Muller Yachting cost?
Over the last 12 months, the 566 off-plan sales registered with the DLD show a median price of AED 1,617,000, or AED 2,583 per sq ft; 80% fall between AED 1,283,000 and AED 3,135,000. The developer's current prices are on its price list.
When will Franck Muller Yachting be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of July 29, 2028. The handover date is confirmed by the developer.
Who is the developer of Franck Muller Yachting?
The DLD register lists London Gate Real Estate Development L.L.C (developer no. 1596), in a community developed by Dubai Maritime City FZE.
What unit types are sold at Franck Muller Yachting?
Off-plan sales over the last 12 months cover: apartment · studio (285), apartment · 1 bedroom (170), apartment · 2 bedrooms (111). Best-selling type: apartment · studio, at a median AED 1,346,000 for 38 m².
Has the price per sq ft at Franck Muller Yachting changed?
The median off-plan price moved from AED 2,595 per sq ft in Q4 2025 to AED 2,335 in Q2 2026, based on DLD-registered sales.
How do I get the Franck Muller Yachting price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.