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Foster Developers

Foster Developers is a UAE real estate company, founded in 2008, that buys finished residential buildings, redevelops them and manages them for the long term. It works in Dubai, Abu Dhabi and Ras Al Khaimah and describes its approach as finding the potential in what already stands. On Al Reem Island in Abu Dhabi it has two finished towers: Al Durrah Tower, with views over the Arabian Gulf, and Marafid, with 223 homes and a frontage on the canal.

2008
Founded
2 ready towers
On Al Reem Island
Finished buildings
Business model
THE TRACK RECORD

Foster Developers's record.

Since 2008 the company has concentrated on buying, redeveloping and managing residential buildings, with one arm for development and another for investment and acquisition. In its own words it reimagines what already stands, finding the potential in an existing property and refining it. Its work spans Dubai, Abu Dhabi and Ras Al Khaimah.

Delivery record

Foster Developers works with buildings that are already built. Both of its projects on Palmera, Al Durrah Tower and Marafid on Al Reem Island, are complete and ready to move in, and Marafid alone holds 223 homes and five retail units.

TypeReal estate developer and investor
Active projects2
Entry pricefrom 1,705,863AED
SIGNATURE COMMUNITIES

Foster Developers flagship destinations.

Residential tower
Al Durrah Tower
The developer calls it the Pearl of Reem: a finished tower on Al Reem Island with views of the Arabian Gulf and apartments of one to four bedrooms, some with a study and a maid's room. Residents share a fitness lounge, a pool and deck, a sauna, a barbecue area and a children's play area.
Residential building with retail
Marafid
223 homes and five retail units on Al Reem Island, with a frontage on the canal, one to three-bedroom apartments and three-bedroom duplexes on the 22nd and 23rd floors. Residents have an outdoor cinema, a coffee corner, a gym, steam and sauna rooms and a pool deck.
WHAT SETS THEM APART

What makes Foster Developers special.

Property types ApartmentsRetail
Price segment Premium

Signature style

Finished residential towers by the water on Al Reem Island: apartments with one to four bedrooms, larger layouts with a study and a maid's room, duplexes at the top of Marafid, and shared pools, gyms and saunas. The developer's design notes come back to calm proportions, natural light and materials chosen for how they feel to the touch.

2 ACTIVE PROJECTS

All projects by Foster Developers.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Foster Developers.

Who is Foster Developers?+

A UAE real estate company founded in 2008. It buys residential buildings, redevelops them and manages them, and it works in Dubai, Abu Dhabi and Ras Al Khaimah.

Which Foster Developers buildings are on Palmera?+

Two finished towers on Al Reem Island in Abu Dhabi: Al Durrah Tower, which the developer calls the Pearl of Reem, and Marafid, with 223 homes and five retail units on the canal.

Are the projects off-plan or ready?+

Both are ready to move in. That follows from the company's model: it buys buildings that already stand and refines them.

What kinds of home do the two towers have?+

Al Durrah Tower has apartments with one to four bedrooms, and some two and three-bedroom layouts add a study and a maid's room. Marafid has one to three-bedroom apartments and three-bedroom duplexes on its 22nd and 23rd floors.

How does Foster Developers describe its design?+

Its brochures come back to calm proportions, natural light and refined finishes. At Al Durrah Tower the materials are chosen for how they feel to the touch and the plans are laid out to make daily life easy. At Marafid the homes and shops are arranged around shared public spaces with views of the water.

What do residents get in each building?+

Al Durrah Tower has a private fitness lounge, a pool and deck, a residents' lounge, a barbecue area, a children's play area and a sauna. Marafid has a gym, steam and sauna rooms, a pool deck and lounge, a coffee corner, an entertainment zone, a children's play area and an outdoor cinema.

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