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Developer profile · Dubai
AQUA Properties
AQUA Properties is a Dubai developer founded by entrepreneur Ali Ashraf Tumbi, who also set up the owners association management firm HOAM.
- 2005Founded21 years building
- 3Signature projectsKnown for
- Same dayPrice lists from CBAFloor plans and payment plans
- Before launchNew release alertsRegister with our off-plan desk
Who they are
The AQUA story
AQUA Properties is a Dubai developer founded by entrepreneur Ali Ashraf Tumbi, who also set up the owners association management firm HOAM.
The business was founded in 2005, and its more recent launches are marketed under the AQUA Developments name. The company concentrates on mid-market apartment buildings in Dubai's family-oriented communities, branded under its The Community and Central lines. Its best-known project is The Central Downtown in Arjan, which the company reported as a fast seller.
It has followed with The Community Motor City and The Community Sports Arena in Dubai Sports City, a 22-storey building of 396 apartments valued at AED 477 million and scheduled for completion in late 2027. In 2025 the business was reported to have about USD 250 million of completed projects and roughly USD 1.2 billion under construction, which places it among the mid-sized independent developers in the city. Buyers will find its projects positioned around shared amenities and practical layouts rather than luxury branding.
Known for
- 01The Central Downtown
- 02The Community Sports Arena
- 03The Community Motor City
Before the public launch
Be first in line for the next AQUA release.
The best floors and payment plans usually go to buyers who registered early. Tell us what you are after and we will send AQUA launches the moment price lists land.
- 01Price lists first
Every unit and floor plan, before the advertising starts.
- 02Payment plans compared
Side by side with similar launches nearby, so you know what is fair.
- 03Checks done for you
DLD registration and the RERA escrow account confirmed before you pay.
Buying from AQUA with CBA
From reservation to keys
One advisor from the first price list to handover, then resale or leasing when you are ready.
- 01Choose and reserve
We shortlist units from the full price list and hold your pick with the booking deposit.
- 02SPA and Oqood
You sign the sale agreement and the unit is registered with DLD in your name.
- 03Pay into escrow
Instalments go to the project's RERA escrow account, never to a personal account.
- 04Snag and handover
CBA Inspect checks the home before you accept the keys.
- 05Live, rent or resell
Move in, or let CBA Management lease or resell it for you.
FAQ
AQUA: questions buyers ask
Straight answers from the advisors who handle these questions every day.
Online nowAsk an advisor. Real answers, usually within the hour.
01How do I get the latest AQUA Properties price list?
Ask our off-plan desk. We send the current price list, floor plans and payment plan for any AQUA Properties project, usually the same day.
02Can I buy a AQUA Properties property through CBA Real Estate?
Yes. CBA Real Estate is a RERA-registered broker (ORN 39665). We arrange the reservation, the sales and purchase agreement and the registration with the Dubai Land Department for you.
03What should I check before buying off-plan from AQUA Properties?
Check that the project is registered with the Dubai Land Department and has a RERA escrow account, that your payments go into that escrow account, and that the sale is registered on Oqood. Read the payment plan and the handover date in the agreement.
04Can CBA help me resell or rent out a AQUA Properties home?
Yes. We value it against recent sales in the same building, market it to our buyers and on the portals, and manage the transfer. We can also lease and manage it for you.
