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Ready
Q1 2020
61
Freehold
Standard
Decision Support
Live market context for The Pearl from DLD registered transactions and active listings.
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
60% pre-handover
20% Down Payment ยท 40% During Construction ยท 40% On Handover
40% on handover
AED 1,629
Culture Village 12-month registered-sales median price per square foot.
Avg AED 1,693 / sqft
89 sales
AED 422.7M traded in Culture Village over the last 12 months.
45 sales in 6 months
+25.7% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
6% est.
Estimated gross rental yield based on current market data.
TL;DR: The Pearl by Al Shafar Development is a fully completed boutique residential building in Culture Village (Al Jaddaf), Dubai. Handed over March 2020, this intimate 8-storey development houses 61 premium apartments โ 1-bedroom (580โ750 sq ft) and 2-bedroom (up to 1,000 sq ft) โ in one of Dubai's most heritage-rich and creatively vibrant waterfront communities. Priced AED 1.5Mโ3M. Amenities include an indoor swimming pool, cinema room, sky lounge, gymnasium with steam room, 24/7 concierge, and high-speed lifts. Steps from the Jaddaf Waterfront promenade; 11โ15 minutes walk to Al Jaddaf Metro Station; 15 minutes from Dubai Festival City Mall. Freehold title. Annual rental benchmark: AED 60,000/year for 2-bedroom.
The Pearl is a quiet statement of boutique excellence โ a fully completed, 8-storey residential building by Al Shafar Development positioned in the heart of Culture Village, Dubai's most architecturally curated and culturally intentional residential district. With just 61 apartments, The Pearl offers its residents a genuinely private, intimate living experience that is the antithesis of Dubai's dominant high-rise tower typology. No crowded elevators, no anonymous lobbies, no shared amenities stretched across hundreds of units: The Pearl provides every resident with the comfort of knowing their neighbours, the confidence of exclusive amenity access, and the character of a building that takes detail seriously.
Culture Village โ officially part of the Jaddaf Waterfront master development on the eastern bank of historic Dubai Creek โ is one of Dubai's most distinctive and rapidly maturing communities. Conceived by the Dubai government as a heritage district celebrating Arab cultural identity through architecture, art, and public realm design, the area is characterised by traditional architectural references: arched doorways, wind towers, ornamental domes, mashrabiya-screened balconies, and fragrant garden courtyards. The Jaddaf Waterfront promenade โ an activated waterfront esplanade with cafes, art installations, and recreational seating โ forms the community's social spine, while the Jameel Arts Centre (one of the UAE's most acclaimed contemporary art institutions) serves as the cultural anchor.
Al Shafar Development is a UAE-based developer with a focus on quality, well-finished residential product in emerging Dubai communities. Their decision to build in Culture Village in 2008 โ years before the district reached its current maturity โ reflects sound long-term market positioning. By the time The Pearl was handed over in March 2020, Culture Village had established itself as a premium residential address with proven rental demand and growing community infrastructure.
The Pearl's Culture Village address delivers exceptional connectivity from a position that feels far more secluded than its urban proximity would suggest:
The Pearl's 8-storey form is deliberate: it creates the rooftop access, sky lounge positioning, and building-wide intimacy that a tower of 20+ floors could never achieve. The building design draws on Culture Village's heritage architectural mandate without being pastiche โ incorporating traditional reference points (arched entry, warm material palette) into a clean, contemporary building form that is functional and elegant rather than theatrical.
Unit Types and Sizes: | Unit Type | Size Range | Secondary Market Price | |---|---|---| | 1-Bedroom | 580โ750 sq ft | AED 600,000โ920,000 | | 2-Bedroom | Up to 1,000 sq ft | Up to AED 1.4M+ |
The building's 61 total apartments are distributed across floors 1โ8, with the rooftop level dedicated to the sky lounge and communal leisure facilities.
Interior Specification:
Indoor Swimming Pool: The Pearl's most exclusive amenity โ an indoor pool providing year-round swimming in a climate-controlled environment, away from Dubai's direct summer sun. An indoor pool is a rarity in Dubai residential buildings at this scale, and its inclusion by Al Shafar Development signals the developer's commitment to genuine quality over surface-level amenity.
Cinema Room (Private): A dedicated cinema screening room โ a private residential theatre for film screenings, sports events, and private presentations. Available exclusively to The Pearl's 61 households, the cinema is a facility that residents can genuinely use and enjoy without competing for access.
Sky Lounge: The building's most visually distinctive communal space โ an elevated rooftop lounge offering panoramic views across Culture Village, the Jaddaf Waterfront, and the Dubai Creek skyline. The sky lounge functions as a social hub for informal gatherings and community socialising, with a vantage point that is one of the most scenic in the entire Al Jaddaf district.
Gymnasium with Steam Room: A fully equipped fitness centre supplemented by a steam room for post-workout recovery. The gym serves the building's 61 households โ an ultra-low user-to-facility ratio that ensures equipment availability at any time of day.
24/7 Concierge Services: Professional round-the-clock concierge staffing in the building's elegant entrance lobby โ providing visitor management, parcel handling, maintenance coordination, and general resident assistance services consistent with a premium boutique building.
High-Speed Panoramic Lifts: Premium elevator technology providing smooth, rapid vertical movement in a building that prioritises the quality of every daily interaction.
Secure Covered Parking: Dedicated covered parking for all residents.
24/7 Security & CCTV: Comprehensive building security with controlled entry and video surveillance.
Children's Play Area: A dedicated outdoor play zone for younger residents.
Annual Rental Benchmarks:
Gross Yield: Approximately 6% on current secondary market values โ a solid yield anchored by consistent demand from healthcare professionals (DHCC adjacency), airline crew (DXB proximity), and young professionals attracted by the Metro connectivity and cultural character of the district.
Sale Price Range: AED 1.5Mโ3M
Title: Freehold โ one of Culture Village's rare freehold boutique buildings. Qualifying investments above AED 750K eligible for UAE 2-Year Residency Visa; above AED 2M for Golden Visa.
Al Shafar Development is a subsidiary of the Al Shafar Group โ a well-established UAE conglomerate with interests in construction, real estate, and general trading. The company has delivered multiple residential projects across Dubai, with a reputation for careful material selection and quality finishing. The Pearl in Culture Village is one of Al Shafar Development's most prominent completed projects and demonstrates the company's capacity to deliver boutique, specification-led residential products in premium cultural districts.
The Pearl at Culture Village delivers intimate boutique freehold living with indoor pool, private cinema, sky lounge, and 24/7 concierge โ in one of Dubai's most culturally vibrant and creatively distinctive waterfront communities, 11โ15 minutes walk from Al Jaddaf Metro and 15 minutes from Dubai International Airport.
Key metrics:
Strategic location in Culture Village with growth potential
Investment starts from AED 1.5M
Developed by Al Shafar Development
Expected completion: Q1 2020
Good rental potential in this developing area
Located in Culture Village, offering excellent connectivity and access to key destinations
Features include Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking and more
Attractive payment options available for investors and homebuyers
Built by Al Shafar Development with premium finishes and materials
Ready-to-move-in with immediate rental potential
Developer payment schedule for The Pearl.
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.

Swimming Pool
Gym
Kids Play Area
24/7 Security
Parking
DLD Market Data
Culture Village recorded 89 DLD-registered sales worth AED 422.7M over the last 12 months, with a median price of AED 1,629 per square foot. 0% of those sales were off-plan, and prices moved +25.7% year-on-year.
Discover the exceptional location of The Pearl in Culture Village, offering unparalleled access to Dubai's finest destinations.
Get DirectionsThe Pearl by Al Shafar Development in Culture Village starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
The Pearl offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
The Pearl is scheduled for completion in Q1 2020. The project is ready for immediate occupancy.
The Pearl by Al Shafar Development in Culture Village offers strong investment potential. Culture Village is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
The Pearl is developed by Al Shafar Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
The Pearl offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking. These amenities are designed to provide residents with a premium lifestyle experience.