Majid Al Futtaim Lanai Islands

Lanai Islands is a release of 13 mansions on a private island inside Lagoon Al Ghaf at Tilal Al Ghaf, architecture by SAOTA and interiors by Kelly Hoppen. It is the first of two islands Majid Al Futtaim has planned in the lagoon, and it is the top of the Tilal Al Ghaf price range by a wide margin.

The AED 62M to AED 160M question

Quotes for Lanai vary so widely that the range looks like an error. It is not. The release is two products under one name: nine Shore Estates and four Edge Estates. Market material puts the Shore homes around AED 62 million for a seven-bedroom and the Edge homes around AED 160 million for an eight-bedroom of roughly 26,000 sq ft, and a third source quotes a launch figure of AED 71.5 million, which is presumably a different unit again.

So when someone tells you Lanai Islands starts at AED 62 million and someone else says AED 160 million, both may be describing the scheme accurately and neither is describing the same house. Ask which estate type, which plot number, and which of the thirteen. On a release this small the unit is the whole story; the project name tells you almost nothing about price.

Every figure in that table is market-reported. Majid Al Futtaim publishes none of it.

What the developer actually publishes

Very little, and it is worth being precise about how little. Majid Al Futtaim’s Lanai page carries no unit count, no bedroom counts, no plot or built-up areas, no price, no payment plan and no handover date. What it does state is the design credit — SAOTA as architects, Kelly Hoppen for interiors — the private access to Lagoon Al Ghaf, and an amenity list of parks and green space, swimming pools, convenience retail and a cafe, jogging and cycling trails, and a nursery. The brochure that would carry the specification is gated.

What the design names do and do not buy

SAOTA and Kelly Hoppen are a design credit, not a branded residence. There is no hotel operator, no service agreement, no management contract and nothing continuing after handover. You are buying a house those studios drew, not a house anyone runs. That distinction is worth holding onto when a resale is priced against genuinely operator-branded stock, where the premium buys an ongoing service.

Availability, and what you are actually buying

Sold out from Majid Al Futtaim. Around five units have been listed on the resale market, and because the scheme is still under construction those are assignments rather than completed resales: you are taking over another buyer’s contract before handover, which requires developer consent, an NOC, and usually an assignment fee, and which leaves you inheriting the original payment schedule rather than negotiating a new one.

On thirteen homes, five on the market is a very high proportion to be exiting before completion. That is worth asking about directly rather than reading into.

The completion arithmetic does not work

This is the finding that should govern any conversation about Lanai. The handover in circulation is Q3 2026. The construction progress figure in circulation is 28.61 per cent, recorded October 2025.

A project roughly a quarter built with under a year to run does not complete on time, and mansions of this size and specification are not fast builds. Either the progress figure is stale, or the handover date is, or the date has already moved and the market has not caught up. Both numbers are portal-sourced; Majid Al Futtaim publishes neither.

For an assignment buyer this is the whole risk. You would be taking over a contract whose remaining instalments are tied to construction milestones, on a completion date the evidence does not support. Ask for the current progress certificate and the developer’s own written handover date before agreeing any price.