Coastal Haven on Dubai Islands for a Buyer From Russia

Coastal Haven, Prestige One's project on Dubai Islands, is one of the projects most often raised by buyers coming from Russia, both for its 20/80 structure and for the straightforward compliance process Orven applies to every purchase. This guide covers what the project page confirms and how the documentation step works.

The project in outline

Coastal Haven offers one-, two- and three-bedroom residences and penthouses on Dubai Islands, developed by Prestige One. Amenities include an infinity pool, a wellness and spa area, a fitness centre, an outdoor cinema, sports courts and children's play spaces. Starting price and delivery date are both on request. Project locations are approximate, and your adviser confirms the exact plot before you reserve.

The 20/80 payment plan

Coastal Haven follows a 20/80 structure, 20% at reservation and 80% on handover, the only project in Prestige One's current range built this way. Bank financing may be available for part of the 80% due at handover for certain non-resident buyers, always subject to the lender's approval.

The compliance process, from the first conversation

Before Orven takes a reservation forward, your adviser requests documentation showing the source of the funds you intend to use, bank statements, evidence of the underlying income or asset sale, and identification. This is the same process applied to every buyer regardless of nationality, and it exists to satisfy the obligations of the banks and brokerage involved in the transaction, not as an extra hurdle specific to a Russian buyer. A file with incomplete or unclear documentation can be declined at the bank or compliance stage.

What this process does not include

Orven does not suggest or facilitate any way to work around banking controls, currency transfer rules or sanctions that may apply to your situation. Payment comes from a bank account in your own name, checked by the bank and by Prestige One before a reservation proceeds; the person named on the sale and purchase agreement is the person whose funds pay for the unit, with no third-party payer arrangement used. If a specific transfer route is restricted for your circumstances, you confirm that directly with your bank.

Registration and the Golden Visa threshold

Dubai Land Department registration adds 4% of the purchase price on top of the payment plan; the amount and the paying party are confirmed on the sale and purchase agreement once a price is published. A 2 million AED or higher investment opens the door to a Golden Visa application, subject to conditions confirmed with the authorities; whether Coastal Haven clears that threshold depends on the price published for your chosen typology.

Comparing the payment structure with Prestige One's other projects

Coastal Haven's 20/80 split asks for a smaller share during construction than Hilton Residences, FAUCHON Résidences, Luxury Canal Residences or Sanctuary Residences, all built around a 40 or 45% construction-period instalment. A buyer who prefers to hold more cash until handover tends to look here first among Prestige One's range.

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The amenity programme at Coastal Haven

Alongside the payment structure, Coastal Haven's amenity list includes an infinity pool, a wellness and spa area, a fitness centre, an outdoor cinema, sports courts and children's play spaces, spread across the project's shared floors on Dubai Islands. For a buyer weighing this project against Prestige One's other releases, the amenity mix leans toward family and leisure use at ground level, a different emphasis from a project like Sanctuary Residences, whose amenities centre more on wellbeing and skyline views.

What to confirm before you reserve

• The current starting price and availability by typology.
• Bank financing eligibility for the handover payment, confirmed directly with the lender.
• The documentation your bank or compliance process requires, confirmed with Orven before you transfer funds.
• The expected delivery date, once Prestige One publishes one.

Documents to have ready before the first conversation

Having the right paperwork in hand before you first discuss a reservation shortens the compliance step considerably. Useful to gather in advance: a valid passport copy, recent bank statements covering the period before your intended transfer, and documentation showing where the funds originated, a salary history, a business sale, an inheritance or another source. If the funds sit in more than one account or currency, note that as well, since your adviser confirms with the bank how a mixed-source transfer is documented before the first instalment moves.

Questions to put to your adviser before you reserve

• Whether the current unit mix still includes your preferred typology, one-, two- or three-bedroom residence or penthouse, given availability changes as Prestige One releases inventory.
• What the 20% reservation payment is calculated against once a price is published, the full purchase price or a figure net of any promotional term.
• Whether a power of attorney can cover the entire purchase process, from reservation to handover inspection, if you do not plan to travel to Dubai.
• How long the compliance documentation review typically takes once you submit it, so you can plan the timing of your reservation.

Working with Orven on Coastal Haven

Orven requests current pricing and availability from Prestige One, and confirms the documentation step with you from the outset rather than at the last stage of the purchase. See our guide to source of funds and KYC for a buyer from Russia in Dubai and our guide to paying a Dubai developer from a bank account abroad: compliance. Orven's Russia page covers this compliance-led process in full.

Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com with the typology you want, and your adviser confirms the documentation needed from the start.

FAQ

What is the payment plan for Coastal Haven? 20% at reservation, 80% on handover.

Who checks where my payment comes from? Both your bank and Prestige One, together with Orven's compliance process, before the reservation moves forward.

Can my file be declined? Yes, if the documentation for the source of funds is incomplete or unclear, regardless of the project chosen.

Can someone else pay on my behalf? No. The person named on the sale and purchase agreement is the person whose funds pay for the unit; no third-party payer arrangement is used.