Lucretia Immobilier
Qube Development
Qube Development

Qube Development Dubai: Design-Led Homes Built for Generational Wealth

Developer overview

AED 7.5 billion in projects, six launches across Dubai and Ras Al Khaimah by 2027 and a branded tower operated by LUX*: this is the trajectory of Qube Development. Founded in 2010, the Dubai-based developer crafts design-driven residences, from studios to duplexes, where community living meets serenity. With the handed-over Cubix Residences, Arisha Terraces in Studio City and the award-winning ELIRE in Business Bay, QUBE targets investors seeking both returns and generational wealth.

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Key figures

Founded in

2010

Ongoing projects

2

under construction

Complete guide

Qube Development — everything you need to know

Qube Development: Origins, Vision and Place in Dubai's Market

Established in 2010, Qube Development (styled QUBE) has grown from a boutique Dubai builder into a developer with a multi-emirate pipeline. The company draws on what it describes as over 30 years of collective experience in real estate, and it positions every project as more than a home: a foundation for generational wealth designed to appreciate over time.

A vision built on sustainability and timeless design

QUBE's stated mission is to craft spaces that transform how people live, work and connect. That translates into sustainable architecture, innovative layouts and top-tier amenities, combined with a strong family orientation: interconnected communities that still offer serenity and privacy.

Scale of the growth plan

  • 6 projects launched in Dubai and Ras Al Khaimah by the end of 2027
  • 1,154,704 sq ft of land across the UAE
  • 3,716,324 sq ft of gross floor area (GFA)
  • A development pipeline worth AED 7.5 billion by 2027

Its positioning sits between mid-market community living and the ultra-luxury branded segment. Early projects such as Cubix Residences and Midori Park targeted end-users and yield-focused investors, while the flagship ELIRE Managed by LUX* in Business Bay marks the brand's move into hospitality-led branded residences. Industry recognition has followed, including a place among Construction Week's Top 100 Real Estate Developers in the GCC and Finance World's Top 150 Real Estate Icons of the UAE 2025.

Qube Development Portfolio: ELIRE, Arisha Terraces and Cubix

The Qube Development portfolio spans established family communities and prime-address branded towers. Each scheme features spacious layouts, and the unit mix ranges from studios to 1, 2 and 3-bedroom apartments, including duplexes.

Flagship and current projects

  • ELIRE Managed by LUX* — Business Bay. Exclusive branded residences operated by the LUX* hospitality brand, completion scheduled for late 2028, 45/55 payment plan, prices from AED 2,846,280. Winner of Best Future Project at the Design Middle East Awards 2025.
  • Arisha Terraces — Dubai Studio City. Terraced, community-focused living with completion expected in 2027 and a 35/65 payment plan.
  • Cubix Residences — Jumeirah Village Circle (JVC). A design-led residential building that is handed over and sold out.
  • Midori Park — an earlier residential project that helped establish QUBE's reputation for quality and functional design.
  • Ras Al Khaimah — the growth plan includes expansion into the northern emirate as part of six launches by 2027.

Location strategy

QUBE selects plots close to major road arteries and essential urban infrastructure. Business Bay, where ELIRE is rising, recorded AED 4.5 billion in sales in Q2 2025, ranking among Dubai's top five areas. Studio City and JVC, meanwhile, offer more accessible entry prices and strong rental demand from young professionals and families.

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Craftsmanship, Materials and Design Philosophy at QUBE

Quality at Qube Development starts with the conviction that a building must be durable enough to hold value for decades. The developer describes an unwavering commitment to quality and durability, with each project delivered with precision and a strong emphasis on detail.

Design philosophy

  • Timeless architecture rather than trend-driven facades
  • Sustainable design principles integrated from the planning stage
  • Holistic wellness ecosystems: green spaces, fitness and relaxation zones designed around the modern resident
  • Functional, spacious layouts with generous natural light and efficient storage

Amenities as a standard, not an extra

Every QUBE community typically includes swimming pools, recreation areas, advanced gyms and children's playgrounds. At ELIRE, the partnership with LUX* Resorts & Hotels adds a hospitality layer: professional management, concierge-style services and resort-grade finishing.

Recognition and verification

Rather than relying on marketing claims alone, buyers can look at independent recognition: Best Luxury Branded Residences in Dubai (Luxury Lifestyle Awards), Best Branded Residences Development Project UAE 2026 and Excellence in Community-Centric Real Estate Development UAE 2026. The QUBE Experience Center lets clients inspect materials, finishes and show units before committing. As with every Dubai off-plan project, construction follows Dubai Municipality codes and is overseen under Dubai Land Department and RERA regulations.

Delivery Record: From Cubix Handover to ELIRE Groundbreaking

For off-plan buyers, delivery reliability matters more than renderings. Qube Development can point to completed residential stock in Dubai and a current pipeline that is progressing on site.

Completed projects

  • Cubix Residences (JVC): handed over to owners and fully sold out, demonstrating the developer's ability to take a project from launch to handover.
  • Midori Park: part of QUBE's early portfolio that built its reputation among end-users and investors.

Projects under construction

  • ELIRE Managed by LUX*: ground broken in Business Bay, handover targeted for December 2028.
  • Arisha Terraces: Dubai Studio City, completion scheduled for 2027.

Safeguards for buyers

All off-plan developments in Dubai must be registered with the Dubai Land Department, and buyer payments are held in RERA-regulated escrow accounts released in line with construction progress. This framework protects investors and makes it easy to verify project status through official channels such as the Dubai REST app.

Broker partners frequently highlight QUBE's transparent communication and the consistency between show units and actual project planning, a sign of a developer that treats sales as the start of a long-term relationship. Its recognition as Real Estate Visionary of the Year UAE 2026 further reinforces its credibility. Buyers should nonetheless review construction milestones and contract clauses before signing.

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Why Investors Choose Qube Development: Returns and Payment Plans

Investing with Qube Development combines Dubai's structural advantages (no personal income tax, no capital gains tax and residency options) with a developer strategy focused on long-term value.

Flexible payment plans

  • ELIRE: 45/55, meaning 45% during construction and 55% on handover
  • Arisha Terraces: 35/65, with only 35% during construction to preserve liquidity
  • Periodic limited-time Book Now, Pay Later offers

Return potential

Branded residences in Dubai have historically commanded a price premium over comparable non-branded units, and hotel-style management by LUX* can support short-term rental performance. Community projects like Arisha Terraces target steady long-term rental demand in Studio City, an area where gross yields are generally competitive compared with central districts. Off-plan entry also offers potential capital appreciation between launch and handover.

Golden Visa and after-sales support

A property investment of AED 2 million or more can qualify for the UAE's 10-year Golden Visa, and ELIRE's starting price clears this threshold. After purchase, QUBE supports clients through its Experience Center and a dedicated team reachable on +971 800 78 23 23, with property management options available through the LUX* partnership at ELIRE.

Frequently asked questions

FAQ — Qube Development

When was Qube Development founded?

Qube Development was founded in 2010 in Dubai. The company also highlights more than 30 years of collective real estate experience within its team.

What are Qube Development's main projects in Dubai?

The portfolio includes completed and ongoing projects:

  • ELIRE Managed by LUX* in Business Bay (completion 2028)
  • Arisha Terraces in Dubai Studio City (completion 2027)
  • Cubix Residences in JVC (handed over, sold out)
  • Midori Park
What payment plans does Qube Development offer?

ELIRE is offered with a 45/55 payment plan and Arisha Terraces with a 35/65 plan, with most of the price paid on handover. Limited-time promotional offers may also be available.

How much does an apartment at ELIRE Managed by LUX* cost?

Residences at ELIRE Managed by LUX* in Business Bay start from approximately AED 2,846,280, with handover planned for December 2028.

Has Qube Development delivered any projects?

Yes. Cubix Residences in Jumeirah Village Circle has been handed over to owners and is fully sold out. Midori Park is also part of the developer's earlier portfolio.

What awards has Qube Development received?

QUBE is listed among Construction Week's Top 100 Real Estate Developers in the GCC and the Top 150 Real Estate Icons of the UAE 2025. ELIRE won Best Future Project at the Design Middle East Awards 2025 and Best Luxury Branded Residences in Dubai.

Can buying from Qube Development qualify me for a Golden Visa?

A property investment of at least AED 2 million can make you eligible for the 10-year Golden Visa. ELIRE's entry price exceeds this threshold; exact conditions should be confirmed with the relevant authorities.