Aqasa Homes Developers

Developer overview

AQASA Developers is a Dubai residential developer whose office is in Bay Square, Business Bay. On its website it describes a focus on combining design, quality and sustainable practices, with an emphasis on innovation, craftsmanship and customer satisfaction, and it says it works with architects and contractors to deliver its homes.

At present AQASA's public portfolio consists of a single project, Enqlave, which makes this a very different proposition from buying with a long-established developer that has many completed buildings. That is not a judgement on quality. It means buyers have less of a delivery track record to look at and should lean more heavily on documents and official records.

DPF's internal record refers to the company as "aqasa-homes-developers", while the brand on its website and marketing is AQASA, and the project is styled Enqlave by Aqasa.

Portfolio and locations

• Enqlave by Aqasa, Discovery Gardens – a residential project the developer places in Discovery Gardens near Al Furjan, with floor plans from one to three bedrooms described on the homepage. AQASA states a handover in 2026. The homes are marketed on smart-home features: smart lighting, climate control, fast internet, smart access control and integrated automation, wrapped in what the developer calls modern elegance and timeless design.

For the surrounding neighbourhoods, see the Discovery Gardens area guide, the Al Furjan area guide and Al Furjan listings.

Discovery Gardens is an established residential neighbourhood with many existing apartment buildings, and a new smart-home building there will be compared by tenants and buyers with older stock nearby. That context matters when judging whether an asking price is genuinely below market.

Property types

AQASA's homepage describes one- to three-bedroom apartments at Enqlave. The DPF listing currently linked to the developer is a studio, which the homepage summary does not mention. Either the project includes studios not covered by that summary or the listing describes the unit differently, so the floor plan and the Oqood are the documents to trust.

What buyers should verify

1. Unit type. Check that the size and layout in any listing match the floor plan and the unit described on the Oqood, especially for studios.
2. Handover timing. AQASA states a 2026 handover. Ask for the current estimate and check the project's registration and progress with the Dubai Land Department.
3. Escrow and registration. Confirm the project is registered and that payments go to the project escrow account, not to a personal or third-party account.
4. Payment plan balance. Get a developer statement of what the seller has paid and what remains outstanding.
5. Smart-home specification. Ask which smart-home features are in the sale documents for the specific unit rather than the brochure.
6. Resale NOC. Confirm when AQASA will issue a NOC and its conditions, including any minimum paid amount.

Finding distressed and below-market AQASA properties

With one project in the portfolio, any AQASA distress sale is an Enqlave resale, and with handover stated for 2026 it is likely to be off-plan. Typical sellers are investors who bought early and now want to exit before the final instalments, or owners who need funds for something else. Those motivated sellers may advertise an urgent sale.

A price below original price, or below OP, is under the seller's contract price with AQASA. Below market value compares the asking price with recent resales of similar units, which for a single, unfinished project may be few in number, so compare with nearby Discovery Gardens and Al Furjan stock as well. Ask the seller for their original sale and purchase agreement so the original price can be confirmed rather than taken on trust.

In an off-plan resale the buyer takes over the Oqood and the remaining payment plan. A cash buyer may be able to pay the seller's equity and settle the balance in one step, but the developer's NOC and the Dubai Land Department transfer remain essential. DPF gathers listings for comparison and does not set prices or check each seller's claims.