Belle Rêve
From AED 670,000 (portal-listed)
Developers / Zimaya Properties
Developer profile · Dubai
Zimaya Properties: a boutique developer with four completed phases and two buildings in the ground
A design-led Dubai developer that has delivered four townhouse phases in Al Furjan and is now building apartments in JVC and Al Furjan, with a fifth launch in Production City. The finishes and the pipeline are real; the dates, prices and service charges are not published – and one portal handover date has already passed.
TypeBoutique Dubai developer
Launched5 projects · 4 sold out (developer)
Delivered4 townhouse phases, Al Furjan
ApartmentsBelle Rêve · Celeste Heights
PipelineLawncrest · Belle Vie · Soyo
Team3 directors · 30+ years combined
OfficeBay Square, Business Bay
About Zimaya Properties
Zimaya Properties is a boutique Dubai developer, based at Bay Square in Business Bay, that has built its name on a simple proposition: fewer projects, published design intent, and a delivery record you can walk through. It is run by three directors — Shoeb Mistry, Imran Fazlani and Muhammad Arsalan Tabani — and says its management team brings more than 30 years of combined experience across real estate, design, planning and construction delivery.
What it has actually delivered is in Al Furjan. Four townhouse phases — Signature, Elegance, Bliss and Prestige — completed and handed over, now sold as ready-to-move-in homes. That is the most useful fact about this developer, because it is the one thing about them you can inspect: drive into Al Furjan, look at how those phases were finished, how the landscaping has settled and how the buildings have aged. Everything else here is a promise; those four are the evidence.
The pipeline is broader than the portal suggests. In an October 2026 statement the company said it has launched five projects, four of which have sold out. The current portfolio runs from Lawncrest — a AED 185 million, ten-storey, 183-unit building in Dubai Production City overlooking Jumeirah Golf Estates, launched at AED 595,000 for a studio and reported at nearly 50% sold within three weeks — through Belle Rêve in JVC and Celeste Heights in Al Furjan, to Belle Vie in Dubai Silicon Oasis (eight levels, 114 homes, studios to four bedrooms) and Soyo, a flagship beachfront project on Dubai Islands that the site announces but does not yet detail. A boutique commercial project in Arjan is also promised.
Only two of those are on the listing portal — Belle Rêve and Celeste Heights — and both records are thin and ageing. Belle Rêve’s was opened in December 2024 with a Q2 2026 handover that has since passed without any completion announcement; Celeste Heights’ was opened in February 2025 with a Q3 2027 date the developer does not itself publish. Lawncrest, Belle Vie and Soyo are not on the portal at all, which means a buyer searching the way most buyers search sees two buildings and none of the newest work.
The design language is consistent and specific. Warm stone, bronze and timber; deep terraces; floor-to-ceiling glazing; rooftop and podium amenity decks; interiors that read as boutique hotel rather than show-home. The company names its suppliers on the record — Teka kitchen appliances and a partnership with Technogym for fitness equipment, plus home automation — which is more than most developers of this size disclose, and gives you something concrete to check in a completed unit.
What it does not publish is the commercial detail. For every project there is a brochure, a factsheet, an amenity list and a set of travel times; for none of them is there a handover date, a construction percentage, a unit count, a service charge estimate, a price list or a delay clause on the public site. Those things exist internally — a building under construction has a programme and a budget — and a buyer should insist on all six in writing before treating any of it as settled.
The website contradicts itself, and that matters. The story page carries a statistics block claiming 1,258 homes delivered, 12+ years of combined experience and 1,092 satisfied clients — against the same page’s text describing the founders’ three decades of combined experience, and against a portfolio of five launched projects in which one is a 183-unit launch, two are under construction and the completed ones are townhouses. Every project card also carries an “Under Construction” badge except Lawncrest, which reads “Available” — including the townhouse collection that the same site describes as four completed phases, ready to move in. Treat the badges as design elements, not status reports.
What that means for a buyer. This is a young, design-led developer with one genuinely inspectable delivery record, a fast launch cadence and a habit of publishing everything except the numbers that decide a purchase. That is not a reason to walk away — the brand partners, the finishes and the Al Furjan townhouses suggest real intent — but it is a reason to buy on contract rather than on confidence: escrow and permits checked, the completion date and delay clause written down, the post-handover terms scheduled in full, the service charge estimated, and the price benchmarked against what already stands in the same district.
Zimaya Properties projects on this site
Two of the developer’s five launches are carried by the listing portal, and both are on this site. The rest of the portfolio is described below.
Celeste Heights
From AED 985,000 (portal-listed)
Not on the portal, and therefore not covered by a page here: Lawncrest in Dubai Production City (ten storeys, 183 studios and one- and two-bedroom homes, AED 185m development, from AED 595,000, reported at nearly 50% sold within three weeks of launch), Belle Vie in Dubai Silicon Oasis (eight levels, 114 homes, studios to four bedrooms), Soyo on Dubai Islands (announced as the flagship, no published detail), the four completed Al Furjan townhouse phases (Signature, Elegance, Bliss, Prestige), and a boutique commercial project in Arjan. For the districts, see the JVC guide and the Al Furjan guide.
What distinguishes Zimaya Properties
A delivery record you can walk through
Four completed townhouse phases in Al Furjan – Signature, Elegance, Bliss and Prestige – handed over and sold as ready-to-move-in homes. For a boutique developer, that is better evidence than any brochure.
Design intent that goes further than most
Named suppliers on the record: Teka kitchen appliances, a Technogym partnership and home automation across the portfolio, with a consistent stone, bronze and timber palette and podium or rooftop amenity decks.
Five launches, four sold out
The company says it has launched five projects and sold four out. Lawncrest, the fifth, is a AED 185m, 183-unit building in Dubai Production City reported at nearly 50% sold within three weeks of launch.
The portal sees two of the five
Belle Reve and Celeste Heights are the only projects carried by the listing portal. Lawncrest, Belle Vie, Soyo and the completed townhouses are not there – so a search-led buyer sees the oldest records and none of the newest work.
No dates, percentages or prices published
Every project page has a brochure and an amenity list; none has a handover date, construction percentage, unit count, service charge estimate, price list or delay clause. One portal handover date has already passed.
A website that contradicts itself
A stats block claiming 1,258 homes delivered and 12+ years next to copy claiming three decades of experience; and every card badged ‘Under Construction’, including the townhouse phases the same site calls completed.
Buying a Zimaya Properties home: what to check
This developer publishes design, amenities and travel times in detail, and the commercial terms barely at all. These are the items worth having in writing before you reserve.
Which project you are buying – and whether the developer’s own status badge means anything (it does not: the completed townhouses are badged the same as the buildings under construction).
The contractual completion date and the delay clause, with compensation and a right to rescind if it is missed.
The current construction position in writing, with the consultant’s name, not a verbal ‘on track’.
The total unit count and mix for the project, none of which is published.
The service charge estimate per square foot, and who manages the building after handover.
The full post-handover terms on Celeste Heights’ 40% tail: financier, rate or fee, term and early settlement.
The specification schedule and the actual brands behind kitchen, joinery, glazing and AC – Teka and Technogym are named, so verify them in the unit.
Escrow account and DLD registration for the project, checked before any reservation payment.
The developer’s trade licence and the contracting entity named in the sale and purchase agreement – Zimaya Properties is the brand, not necessarily the signatory.
The four completed Al Furjan townhouse phases, visited in person, to judge finish, landscaping and how they have aged.
What is actually unsold, by type and floor, rather than ‘limited availability’.
Registered rents and achieved resales in the same district, to test the launch price.
The pipeline projects that are announced but not detailed – Soyo on Dubai Islands, the Arjan commercial scheme – and whether they will compete for the same delivery team and cash.
Zimaya Properties frequently asked questions
Who is Zimaya Properties?
A boutique Dubai developer based at Bay Square in Business Bay, run by directors Shoeb Mistry, Imran Fazlani and Muhammad Arsalan Tabani, with a management team the company says brings more than 30 years of combined experience. It has completed four townhouse phases in Al Furjan and is building apartments in JVC and Al Furjan.
What has Zimaya Properties built?
Four completed townhouse phases in Al Furjan – Signature, Elegance, Bliss and Prestige – now sold as ready-to-move-in homes. Its apartment buildings, Belle Reve in JVC and Celeste Heights in Al Furjan, are both under construction.
What is on sale now?
Lawncrest in Dubai Production City (183 units, ten storeys, from AED 595,000, reported at nearly 50% sold within three weeks), Belle Reve in JVC (from AED 670,000 on the portal) and Celeste Heights in Al Furjan (from AED 985,000 on the portal). Belle Vie in Dubai Silicon Oasis and Soyo on Dubai Islands are announced, with Belle Vie detailed on the site and Soyo not yet.
How many projects has Zimaya launched?
Five, according to the company’s October 2026 statement, four of which have sold out. The listing portal carries only two of them – Belle Reve and Celeste Heights – which is why this page and the two project pages cover a smaller estate than the developer actually has.
Is Belle Reve finished?
No. The developer still lists it as under construction, and the portal’s stated Q2 2026 handover has passed without any completion or handover announcement. No revised date has been published.
Why is there no handover date on the developer’s site?
The site publishes design, amenities and travel times for every project but no dates, construction percentages, unit counts or price lists. That is a choice, not an accident, and it means the dates you see on the portal are the portal’s – and in Belle Reve’s case, already out of date.
Does Zimaya have a delivery record?
Yes, in townhouses: four completed phases in Al Furjan. In apartments, none yet – Belle Reve and Celeste Heights are its first, which is the risk a buyer is pricing.
What payment plans are offered?
The portal illustrates 20/30/50 on Belle Reve and 10/30/20/40 post-handover on Celeste Heights, both plus the 4% DLD fee. The Celeste Heights structure is unusually light before handover, but the terms of its 40% tail are not published.
What should I check before buying?
The completion date and delay clause, the construction position with the consultant’s name, the service charge estimate, the unit count and mix, the post-handover terms in full, escrow and DLD registration, and a visit to the completed Al Furjan townhouses to see how the developer actually finishes a building.
How do I buy through you?
Tell us which project, layout and budget. We will get the dated price list, the payment schedule, the service charge estimate and the contractual completion date in writing, check escrow and permits, inspect what the developer has already delivered, and benchmark the unit against resales and registered rents in the same district – then give you our honest read, including the case against.
Considering a Zimaya Properties home?
Tell us which project and budget. We will get the dated price list, the instalment schedule, the service charge estimate and the contractual completion date in writing, confirm the construction position, check escrow and permits, walk the developer’s completed Al Furjan phases with you, and benchmark the unit against resales and registered rents in the same district — then give you our honest read, including the case against.
Sources and verification. The company description, portfolio, project details, amenity lists, unit ranges, travel times, brand partners, office address and status badges come from Zimaya Properties’ own website; the five-launch and four-sold-out position, the Lawncrest development value, unit count and launch price, the directors’ names and the 30-year management experience come from the developer’s October 2026 portfolio statement carried by Gulf News; the two starting prices and the Q2 2026 and Q3 2027 handover dates come from the listing portal’s records, opened in December 2024 and February 2025. Committed to publication: Belle Rêve’s portal handover date has passed with no completion announcement and the developer publishes no replacement; neither project has a published handover date, construction percentage, unit count, service charge estimate, price list or delay clause; the developer’s site carries a statistics block claiming 1,258 homes delivered and 12+ years of experience beside copy claiming three decades; every project card on the site is badged “Under Construction” except Lawncrest, including four townhouse phases the same site describes as completed; only two of the five launches are carried by the portal; and the “boutique” positioning is the developer’s own language. Nothing on this page is a valuation or a promise of return.