Real Estate in Dubai: Meraas Introduces the \$225 Million Atélis Tower in the D3 District

The 45‑storey Atélis Tower in Dubai is projected to finish in the first half of 2028.

The building faces the new waterfront and Dubai Creek to the north, the Ras Al Khor Nature Reserve to the east, and Downtown Dubai to the west.

Meraas, under Dubai Holding Real Estate, has revealed Atélis in D3, a residential high-rise in Dubai’s Design District.

Designed by SOM—the same firm behind Burj Khalifa—the creek‑front tower will house 280 residences.

Its exterior draws inspiration from an Emirati desert bloom, with curved, petal‑shaped balconies.

New tower in Dubai's design district

Terraced balconies are staggered to provide shade, enhance energy efficiency, and frame waterfront and skyline outlooks.

Floor plans span one‑ to four‑bedroom apartments, along with three duplex villas boasting private terraces and two penthouses with soaring double‑height living areas.

Positioned to overlook the waterfront and Dubai Creek to the north, the Ras Al Khor reserve to the east, and Downtown to the west.

Khalid Al Malik, CEO of Dubai Holding Real Estate, stated that unveiling Atélis in D3 marks a new chapter for the city’s creative centre. He emphasized that this landmark sets new standards for luxury living and aligns with the D33 economic agenda and the 2040 urban master plan.

Three floors host shared amenities: coworking areas, a screening room, a children’s learning space, and a multi‑purpose hall opening onto landscaped outdoor gardens.

Another entire level is dedicated to wellness, including a gym, infinity pool, relaxation lounges, and a verdant lawn for quiet reading.

Atélis contributes to D3’s expansion, alongside six Class A office towers totalling over 500,000 ft² of leasable space.

The AED 825 million initiative, also set for completion in early 2028, will feature LEED‑certified offices with city views, sports zones, community areas, parking, dining outlets, and a lengthy promenade.

This undertaking reflects Meraas’ strategic focus on well‑being and environmental stewardship in mixed‑use neighbourhoods, in line with Dubai’s urban objectives for 2040.

Atélis at D3 will reside in a globally recognised creative precinct, shared by prominent labels, designers, studios and start‑ups.

Meraas Atélis in Dubai's Design District: key facts

Located in the fast‑growing Creekside section of Dubai Design District, the Atélis project—by developer Meraas—was conceived by Skidmore, Owings & Merrill (SOM), renowned for Burj Khalifa.

The development comprises 280 residences: one- to four-bedroom apartments, large villas and penthouses. Apartments range from 84 m² to 269 m²; villas reach up to 607 m²; penthouses extend to 676 m².

Pricing begins at AED 2,100,000 (about $571,700) for a one‑bedroom. Two‑bedroom units start at AED 3,800,000 ($1,034,600); three‑ and four‑bedroom options begin at AED 7,400,000 ($2,014,700) and AED 10,400,000 ($2,831,500) respectively. Sky villas commence at AED 13,000,000 ($3,539,300); penthouses from AED 21,600,000 ($5,880,800).

A payment plan offers a 75/25 split, interest‑free, with a 20% upfront deposit. Handovers are scheduled through Q3 2029, despite structural completion in 2028.

Residents will benefit from a two‑storey foyer with round‑the‑clock concierge, an infinity pool, fitness centre, spa, family lounges, children’s rooms, a conference suite, outdoor coworking areas, landscaped lawns, barbecue zones, electric‑vehicle charging bays, cycle parking, and lush gardens with seating.

The D3 district hosts creative industries—fashion, design, art and media—alongside brand headquarters, studios, galleries, boutiques and dining venues. Dubai Design Week and other large‑scale cultural events take place there.

Shops, cafés, parks and open‑air art installations lie within walking distance. Business Bay and Downtown Dubai are reachable in 5–10 minutes by car; Dubai International Airport is around 15 minutes’ drive. Proximity to Al Khail Road and Ras Al Khor Road enhances connectivity.

Investing in D3 real estate offers attractive returns: rental yields average 6.5–7.5 percent annually. Demand remains strong, especially among professionals in creative sectors, ensuring sustained occupancy.

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