Almaara Residences by Hamara Home (Al Furjan) — SKID Score 6.0/10

Key information

Delivery date: Dec 2026
Location: Dubai, Al Furjan, Almaara Residences by Hamara Home
Payment plan: 10/10/80
Property types: Apartment
Government fee: 4% + AED 1,092 admin
Ownership type: Freehold
Starting price / sq.ft: AED 1,705 / sq.ft
Unit sizes: From 758 sq.ft
SKID score: 6.0 / 10 (Proceed with caution)

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Payment plan

10%

Down payment

AED 129K

At sales launch

10%

During construction

AED 129K

Construction milestones

80%

On handover

AED 1.03M

Dec 2026

Published milestone schedule · Payment Plan

10% + 4% DLD + 1092 AED OQOOD fee + 4200 AED Admin fee10% · AED 129K

10%10% · AED 129K

80%80% · AED 1.03M

Project timeline

Project announcement
Hamara Home Real Estate Development official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Dec 2026

About the project

Proceed with caution.

Several evidenced factors are weak.

Almaara Residences is a residential complex by Hamara Home Real Estate Development located in Al Furjan. The building consists of a ground level, two podium levels, seven residential floors, and a roof level. Designed in a contemporary architectural style, the complex creates a harmonious living environment with thoughtfully planned communal spaces. The architectural concept focuses on comfort and functionality, offering a balanced atmosphere for everyday living. Almaara Residences features one-, two-, and three-bedroom apartments. The interiors are designed in a refined contemporary style with an emphasis on practical layouts and comfortable daily living. The complex offers a wide range of amenities, including separate swimming pools for adults and children, a children’s play area, a BBQ zone, a fitness center, and open lounge spaces for relaxation. Thanks to its convenient location, Dubai Expo City and The Palm Jumeirah can be reached within 23 minutes, Motiongate Dubai within 24 minutes, Dubai Butterfly Garden within 36 minutes, and Dubai International Airport in approximately 1 hour.

Asking price is 25.0% above nearby closed sales (+AED 341/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

ATM Facility
BBQ
Cabanas
Children’s Pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids’ Play Area
Leisure Areas
Lift
Lobby
Lounge
Pool Lounge
Recreational Areas
Retail Outlets
Roof Gardens
Rooftop Pool
Security & CCTV
Shared Gym & Fitness Centre
Shared Pool
Sitting Area
Walking Paths
Yoga Area

Units

from developer

1 BR

Floor plan not published by source

758 sq.ft · AED 1,705 / sq.ft

From AED 1.29M

2 BR

Floor plan not published by source

Size on request

Price on request

3 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.0/ 10

Historical DLD Transaction Context

Asking price is 25.0% higher than nearby completed homes (+AED 341/sq.ft.)

25.0% above comparable sales

The developer asks AED 1,292,014 (~AED 1,705/sq.ft. for a published 758 sq.ft. starting unit), while comparable residential homes in Al Furjan sold for a median of AED 1,364/sq.ft. (AED 1,033,639 for the same size).

1. Published Asking Price

AED 1,705 / sq.ft.

AED 1,292,014 starting price · 758 sq.ft.

2. Historical Nearby Closed Sales

AED 1,364 / sq.ft.

~AED 1,033,639 for the same size

3. Spread vs Historical Median

+AED 341 / sq.ft. (+25.0%)

+AED 258,375 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 1,705 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,364 / sq.ft.

Historical transaction context: The asking rate is 25.0% (~AED 258,375 on a 758 sq.ft. unit) above recent nearby completed homes in Al Furjan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 25.0% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 129K

At booking

During construction10%

AED 129K

Construction milestones

On handover80%

AED 1.03M

Handover Dec 2026

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 25.0% above nearby closed sales (+AED 341/sq.ft.)

The developer asks AED 1,705/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 258,375 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+25.0% (+AED 341/sq.ft.)

Asking price is 25.0% above nearby closed sales (+AED 341/sq.ft.)

The developer asks AED 1,705/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 258,375 higher for the same area).

Why this matters: The asking rate is 25.0% (~AED 258,375 on a 758 sq.ft. unit) above recent nearby completed homes in Al Furjan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 25.0% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Competing Supply (Potential Risk)

18 Launches

18 competing off-plan launches tracked in Al Furjan — potential handover competition

SKID tracks 18 competing off-plan launches in Al Furjan. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Hamara Home Real Estate Development in catalog

Hamara Home Real Estate Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

0.6 since last analysis

Last evaluated: 2026-11-02

Strong

• 80% of the price is due at or after handover, keeping strong buyer leverage until completion
• 518 closed sales in the last year in this community

Watch

• Amenities mention park
• Near-completion handover inside six months
• Service charge published at 14

Risk

• Published starting price vs historical DLD closed sales median: +25.0% above historical DLD closed sales median per sq ft in this community
• Heavy competing supply: 18 other launches in Al Furjan

See all 8 scoring factorsWhy SKID gave it 6.0

Why SKID gave it 6.0

Location

Weight: 29.6%

6.5/ 10

Amenities mention park

Entry price

Weight: 22.2%

3.2/ 10

Published starting price vs historical DLD closed sales median: +25.0% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 18 other launches in Al Furjan

Payment plan

Weight: 14.8%

9.0/ 10

80% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

7.4/ 10

Near-completion handover inside six months

Exit liquidity

Weight: 7.4%

8.6/ 10

518 closed sales in the last year in this community

Service charges

Weight: 3.7%

7.1/ 10

Service charge published at 14

Factor	Weight	Score
Location Amenities mention park	29.6%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median: +25.0% above historical DLD closed sales median per sq ft in this community	22.2%	3.2/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 18 other launches in Al Furjan	14.8%	3.6/ 10
Payment plan 80% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	9.0/ 10
Delivery risk Near-completion handover inside six months	7.4%	7.4/ 10
Exit liquidity 518 closed sales in the last year in this community	7.4%	8.6/ 10
Service charges Service charge published at 14	3.7%	7.1/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Ready · Apartment	AED 709K	428	1,657
2026-07-07	Off-plan · Apartment	AED 1.85M	1,239	1,493
2026-07-07	Off-plan · Apartment	AED 1.72M	1,090	1,581
2026-07-07	Ready · Apartment	AED 945K	681	1,387
2026-07-07	Off-plan · Apartment	AED 1.61M	907	1,780
2026-07-07	Off-plan · Apartment	AED 641K	359	1,784
2026-07-07	Off-plan · Apartment	AED 1.27M	837	1,512
2026-07-06	Ready · Apartment	AED 661K	769	859
2026-07-06	Off-plan · Apartment	AED 1.55M	1,084	1,431
2026-07-06	Ready · Apartment	AED 545K	407	1,338
2026-07-03	Off-plan · Apartment	AED 1.55M	1,084	1,430
2026-07-03	Off-plan · Apartment	AED 1.55M	1,446	1,069
2026-07-03	Off-plan · Apartment	AED 1.72M	1,446	1,191
2026-07-03	Off-plan · Apartment	AED 1.01M	819	1,236
2026-07-03	Off-plan · Apartment	AED 1.52M	1,446	1,051
2026-07-03	Off-plan · Apartment	AED 834K	594	1,404
2026-07-03	Off-plan · Apartment	AED 1.03M	907	1,141
2026-07-02	Off-plan · Apartment	AED 1.66M	1,396	1,189
2026-07-02	Ready · Apartment	AED 2.1M	1,664	1,262
2026-07-02	Off-plan · Apartment	AED 1.9M	1,497	1,269
2026-07-02	Ready · Apartment	AED 1.83M	1,531	1,192
2026-07-01	Ready · Apartment	AED 1.51M	1,460	1,035
2026-07-01	Ready · Apartment	AED 1.13M	985	1,142
2026-07-01	Ready · Apartment	AED 1.1M	985	1,117

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Al Furjan, Almaara Residences by Hamara Home

Interactive map ready (1 verified location)

· Al Furjan, Dubai

View project

Living in Al Furjan

Historical DLD Median

AED 1,364 / sq.ft

Historical DLD Sample

499 closed sales

Ownership

Freehold

Frequently asked questions

Is Almaara Residences by Hamara Home a good off-plan investment in Al Furjan?

Almaara Residences by Hamara Home in Al Furjan (Dubai) scores 6.0/10 (caution) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: payment plan. Weakest: entry price. Historical DLD Closed Transactions: matched closed sales in Al Furjan record a median of AED 1,364/sqft across 499 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Almaara Residences by Hamara Home?

Hamara Home Real Estate Development is the developer named on this launch.

When is handover for Almaara Residences by Hamara Home?

The published handover is Dec 2026.

What is the starting price of Almaara Residences by Hamara Home?

The published starting price is AED 1.29M.

What does the SKID screen mean for Almaara Residences by Hamara Home?

The SKID screen for this launch in Al Furjan is 83 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.