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Home / Developers / Vakson First Property Development
Developer · UAE off-plan

Vakson First Property Development

Vakson Group is a family-owned conglomerate that has been active in real estate for more than five decades. The company was founded in 1970 to meet the rapid growth of Dubai's population, and it was among the first real estate firms to operate in the Emirates.

Founded 1970 HQ Dubai, United Arab Emirates RERA registered
1970
Year Founded
Luxury
Segment
Real Estate Developer
Status
THE TRACK RECORD

Vakson First Property Development's record.

One of the longest-established players in Dubai's real estate market, operating since 1970 with over 50 years of experience

Delivery record

Manages a portfolio of more than 5,000 units across Dubai

Years active

Over 50 years.

Financial strength

A diversified group with operations spanning real estate, financial investments, appraisals and advisory services

Founded1970
HQDubai, United Arab Emirates
TypeReal estate developer, part of Vakson Group
Active projects2
Entry pricefrom 1.1M AED
SIGNATURE COMMUNITIES

Vakson First Property Development flagship destinations.

Waterfront apartments
Riva Residence
A G+4+25 tower at Mina Rashid with 152 premium apartments
Residential
Timber Terrace
A collection of 77 contemporary apartments in Dubai South
Luxury villas
Palm Jumeirah Villas
Private villas at the tip of Frond G, facing the Royal Atlantis
WHAT SETS THEM APART

What makes Vakson First Property Development special.

Property types Luxury apartmentsVillasResidential towers
Price segment Luxury

Signature style

Premium marine and waterfront design, with luxury villas on Palm Jumeirah

2 ACTIVE PROJECTS

All projects by Vakson First Property Development.

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

OFF-PLAN
Dubai South · Dubai

Timber Terrace at Dubai South, Dubai

1-3 Bedroom Handover Q3 2027
From
1,091,000AED
OFF-PLAN
Maritime City · Dubai

Riva Residence at Maritime city, Dubai

1-3 Bedroom Handover Q4 2025
From
1,912,000AED
GOOD TO KNOW

Common questions about Vakson First Property Development.

Is Vakson First Property Development a reliable developer?+

One of the longest-established players in Dubai's real estate market, operating since 1970 with over 50 years of experience and active for more than 50 years

What characterizes Vakson First Property Development's projects?+

Premium marine and waterfront design, with luxury villas on Palm Jumeirah

What is Vakson First Property Development's market segment?+

Vakson First Property Development operates in the luxury segment. Property types: luxury apartments · villas · residential towers.

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