Luluat Marina Residences: ICT Real Estate’s New Waterfront Bet on Al Raha Beach

Luluat Marina Abu Dhabi

Abu Dhabi’s Al Raha Beach district has quietly become one of the capital’s most consistent waterfront performers, and the latest addition to its skyline is Luluat Marina Residences, a new freehold apartment development from ICT Real Estate Development (ICT ReD). Positioned within the Marina District of the broader Luluat Al Raha masterplan, the project adds another waterfront address to a community that has spent nearly two decades building a reputation for calm, family-friendly island living just minutes from Abu Dhabi’s business core.

A New Waterfront Address Takes Shape

Luluat Marina Residences sits on Luluat Al Raha Island, part of the wider Al Raha Beach community developed originally by Aldar. The project is being delivered by ICT Real Estate Development, the development arm of International Capital Trading, a group whose Abu Dhabi portfolio includes The St. Regis Abu Dhabi. Construction on the project began in early 2026, with handover expected around Q1 2029.

The development is structured as a single residential building offering marina, sea, and landscaped-park views, with a footprint of 159 residences in total. Most listings agree the unit mix spans studios through three-bedroom apartments, with some sources also citing one-bedroom lofts and two-bedroom duplex layouts, giving buyers a broader range of layout options than a typical mid-rise waterfront tower.

Pricing and Payment Plan: What’s Confirmed, What’s Still Unclear

This is where prospective buyers should proceed carefully. Property listing portals are not currently aligned on entry pricing or payment structure, and this should be flagged rather than smoothed over.

SourceStarting PricePayment PlanDown Payment
Developer-linked listingAED 850,0005/35/605%
Independent brokerage portals (multiple)AED 1.14 million45/553%
Other third-party listingsPrice on request40/605%

Given this spread, buyers should treat any single quoted figure as provisional until confirmed directly with ICT Real Estate Development or a verified sales representative, since off-plan pricing in Abu Dhabi frequently shifts between soft launch and formal release phases. What is consistent across sources is the freehold ownership structure, open to all nationalities, and the Q1 2029 handover target.

Location Advantages Within Al Raha Beach

Al Raha Beach has long been positioned as a bridge between Abu Dhabi’s business district and its leisure islands, and Luluat Marina Residences inherits that positioning directly. The project sits roughly 10 to 15 minutes from Zayed International Airport and a similarly short drive from Yas Island’s entertainment and events cluster. Direct access to Sheikh Zayed Bin Sultan Street (E10) and Sheikh Khalifa Bin Zayed Road (E12) keeps the wider emirate, including Saadiyat Island and downtown Abu Dhabi, within easy reach.

For those researching the surrounding submarket in more depth, Nas luxury’’s dedicated Al Raha Beach community page offers a useful breakdown of established neighboring towers like Al Bandar, Al Zeina, and Al Hadeel, which gives useful pricing context for anyone comparing a new off-plan launch against the area’s resale market.

Amenities and Lifestyle Positioning

Across the sources reviewed, the amenity package is broadly consistent with what buyers now expect from a mid-to-upper-tier waterfront launch in Abu Dhabi: an infinity-style swimming pool, a fully equipped gym, children’s play areas, landscaped gardens, a waterfront promenade, and ground-floor retail. Some listings also reference a cinema room, sauna, games room, splash pad, and dedicated sports courts, positioning the project closer to a resort-style community than a standalone residential block.

Investment Read: Strengths and Open Questions

The investment case for Luluat Marina Residences rests on three fairly solid pillars: an established waterfront location with a track record of rental demand, a freehold structure open to international buyers, and a developer with prior delivery experience in the capital. Abu Dhabi’s broader off-plan market has held up through a genuinely difficult and uncertain regional period, with transaction volumes remaining resilient even as some segments have shown pricing softness. Dubai continues to offer deeper liquidity and higher transaction volume overall, and that should not be understated when comparing the two markets. But Abu Dhabi’s waterfront supply, including projects like this one, continues to draw sustained interest from end-users seeking a quieter, more spacious alternative within a short commute of the capital’s core.

Conclusion

Luluat Marina Residences adds a genuinely well-located waterfront option to Al Raha Beach’s growing off-plan pipeline, backed by a developer with prior delivery credentials in Abu Dhabi. The location fundamentals, unit variety, and amenity package all check the right boxes for the segment. Where caution is warranted is pricing: with figures ranging from AED 850,000 to over AED 1.14 million depending on the source, buyers should treat any number seen online as provisional and confirm directly before making a decision. For personalised guidance on how this launch compares with other Al Raha Beach and citywide options, consulting a top luxury real estate broker in Abu Dhabi such as Ayman Sadieh can help buyers cut through the pricing noise with verified, current figures.

Who is developing Luluat Marina Residences?

The project is developed by ICT Real Estate Development (ICT ReD), the development arm of International Capital Trading, whose Abu Dhabi portfolio also includes The St. Regis Abu Dhabi.

Where exactly is Luluat Marina Residences located?

 It sits on Luluat Al Raha Island, within the Marina District of the Al Raha Beach community in Abu Dhabi, close to Yas Island and Zayed International Airport.

What is the expected handover date?

 Handover is targeted for Q1 2029, consistent across all sources reviewed.

Is Luluat Marina Residences freehold?

Yes, it is offered on a freehold basis open to all nationalities, allowing full foreign ownership.

Should I trust the online starting price for this project?

Not without verification. Quoted starting prices vary significantly between AED 850,000 and AED 1.14 million across different portals, so speaking with a trusted real estate brokers Abu Dhabi team before reserving a unit is strongly advised.

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