42 East Residences
42 East Residences Offered by Buy Dubai Off-Plan
42 East Residences

42 East Residences

by Panchshil Realty in Dubai Islands View on map Under construction

Starting price
AED 4,200,000
Payment plan
40/60
Handover
Q2 2028

โ‰ˆ โ‚ฌ 1,008,000

Project details

Starting price AED 4,200,000 โ‰ˆ โ‚ฌ 1,008,000 What will my monthly payments be?
Payment plan 40/60 40% during construction, 60% at handover
Handover Q2 2028 Under construction
Bedrooms 34
Property type
Apartment
Floor area
190 to 416 mยฒ
Developer
Panchshil Realty
Location
Dubai Islands
Project brochure
Free, with no obligation

The 42 East Residences brochure

Download the free brochure for 42 East Residences from Panchshil Realty in Dubai Islands with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About 42 East Residences

  • 3 and 4 bedroom apartments for sale in Dubai Islands
  • Located on Dubai Islands, near beaches and amenities
  • Minimalist design with soothing natural materials and water parts
  • Facilities such as infinity pool, gym, cinema and BBQ rooms
  • Handover in Q2 2028 with a 40/60 payment plan

42 East Residences at a glance

42 East Residences is a residential project by Panchshil Realty on Dubai Islands. It offers 3 and 4 bedroom apartments with areas from 190 to 416 m2. Handover is scheduled for Q2 2028. The starting price is AED 4,200,000. Dubai Islands is a popular destination with a mix of beaches, marinas, parks and cultural amenities. The project combines natural materials and water features for a serene living environment. For buyers looking for a quiet but connected lifestyle, 42 East Residences offers an excellent opportunity. The project is located on one of the last available lots on the island.

The apartments are minimalist designed with attention to comfort and functionality. Each apartment has an open living and dining room with views of the surrounding area. Residents have access to facilities such as an infinity pool, gym, cinema, multifunctional room and BBQ rooms. The payment plan is 40/60: 40% during construction and 60% at handover. Buyers are guided by a registered real estate agent and do not need to contact the developer directly. The project is part of a master plan that combines living, hospitality and recreation. This ensures a balanced lifestyle with all conveniences at your fingertips.

What you buy at 42 East Residences

42 East Residences offers spacious apartments with 3 and 4 bedrooms. The 3 bedroom apartments have an area of about 190 to 193 m2, spread over an open living and dining room, three bedrooms and several bathrooms. The 4 bedroom apartments, including a penthouse type on the top floor with private pool, measure approximately 415 m2 and offer extra space for a home office or staff room. The layout is aimed at light and space, with large windows and a smooth transition between inside and outside. The finish is minimalist with natural materials such as stone and wood, which creates a warm and serene atmosphere.

Each home has a modern kitchen with clean lines and high-quality appliances. The bathrooms are equipped with natural stone and contemporary taps. The bedrooms offer plenty of closet space and large windows for natural light. Some apartments have a balcony or terrace overlooking the communal gardens or the sea. The interior is designed to create a quiet and comfortable living environment, with attention to acoustics and thermal comfort. The materials are durable and maintenance-friendly, appropriate to the lifestyle on Dubai Islands. The wide layout ensures flexibility in use. This way you can decorate the space to your own liking.

Architecture of 42 East Residences by Panchshil Realty

The building is set up as a boutique residential complex with a contemporary design. The architecture combines minimalism with traditional materials, creating a timeless look. The building has a covered entrance and a serene arrival experience. The complex has several floors: the 3 bedroom apartments are on the second to the eleventh floor, while the 4 bedroom apartments are on the upper floors. The penthouse on the 12th floor has its own swimming pool. Residents have access to common areas such as a lounge and a multifunctional room. The complex is surrounded by landscaped gardens and water features that contribute to a quiet atmosphere.

Panchshil Realty is the developer of 42 East Residences. The company is known for high quality projects with an eye for detail. The project is part of Dubai Islandsโ€™ masterplan development, which provides a mix of living, hospitality, culture and recreation. The community offers a balance between action and serenity, with beaches, parks and facilities within walking distance. Panchshil Realty focuses on creating sustainable and comfortable living environments that meet the needs of modern residents. With 42 East Residences, the company sets a new standard for boutique living on the island.

Location and surroundings of Dubai Islands

42 East Residences is located on Dubai Islands, a popular island destination off the coast of Dubai. The project is located in the eastern part of the islands, a short distance from the beach. The area offers a mix of marinas, parks, cultural districts and recreational amenities. Dubai Islands is known for its waterfront lifestyle with all conveniences at your fingertips. The master plan includes homes, hotels, shops, schools and care facilities. The islands are designed as a self-sufficient community where residents can live, work and relax without having to travel far. Green zones and promenades along the water invite you to walk and cycle.

Important destinations are easily accessible: Downtown Dubai is approximately 25 minutes away, Dubai International Airport is approximately 20 minutes away, Dubai Creek Harbour is approximately 25 minutes away and Dubai Marina is approximately 30 minutes away. Dubai Island Beach is about 10 minutes away. Dubai Gold Souk and Dubai Frame can also be reached within about 15 minutes. Dubai International Financial Centre (DIFC) is approximately 20 minutesโ€™ drive away. The central location provides fast connections to all parts of the city, both by car and by public transport. From the island there are several access roads to the mainland.

The 40/60 payment plan at 42 East Residences

The payment plan for 42 East Residences is 40/60. This means that 40% of the purchase price is paid during construction and the remaining 60% at handover. This gives buyers the opportunity to pay on a spread basis and only to pay most of the key transfer. The exact moments of payment are recorded in the purchase agreement. This plan is beneficial for investors who want to invest their capital longer. In addition, the plan offers flexibility for owners who want to finance their property with a mortgage after handover. The deposit with reservation is relatively low, reducing the entry threshold.

Buyers are guided throughout the process by a registered real estate agent with a RERA licence. This real estate agent is registered with the Dubai Land Department and provides all communications with the developer. So you donโ€™t have to contact Panchshil Realty directly. The real estate agent advises on the payment plan, the legal aspects and the transfer of ownership, so that you can invest carefree in real estate in Dubai. This guidance is free of charge and without obligation. The real estate agent can also help you obtain funding and arrange the necessary documents. This ensures that the buying process is conducted smoothly and transparently.

Amenities

Payment plan for 42 East Residences

40%60%
40%
During construction, in instalments
AED 1,680,000
โ‰ˆ โ‚ฌ 403,000
60%
After handover
AED 2,520,000
โ‰ˆ โ‚ฌ 605,000

Handover of 42 East Residences

8 quarters until the planned handover, about 2 years.

Q3 2026
Now
Q2 2028
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for 42 East Residences, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 10,626

โ‰ˆ โ‚ฌ 2,550 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,680,000โ‰ˆ โ‚ฌ 403,200
Your funds at handover
AED 420,000โ‰ˆ โ‚ฌ 100,800
Mortgage at handover
AED 2,100,000โ‰ˆ โ‚ฌ 504,000
Purchase costs4% DLD fee and mortgage costs
AED 195,120โ‰ˆ โ‚ฌ 46,800
Total funds required
AED 2,295,120โ‰ˆ โ‚ฌ 550,800
Request finance guidance for 42 East Residences
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of 42 East Residences

Location

Dubai Islands, Dubai Downtown Dubai: about 25 minutes by car ยท Dubai Creek Harbour: about 25 minutes by car
Open in Google Maps

Travel times from 42 East Residences

  • Downtown Dubai: about 25 minutes by car
  • Dubai Creek Harbour: about 25 minutes by car
  • Dubai Frame: about 15 minutes by car
  • Dubai Gold Souk: about 15 minutes by car
  • Dubai International Airport: about 20 minutes by car
  • Dubai International Financial Centre (DIFC): about 20 minutes by car
  • Dubai Island Beach: about 10 minutes by car
  • Dubai Marina: about 30 minutes by car

About Panchshil Realty

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.