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Khabib Nurmagomedov's $70M Dubai Islands Real Estate Deal

The undefeated UFC champion partners with DIA Developments to launch LuzOra Residences, a hybrid hotel-residential project on Dubai Islands.

Khabib Nurmagomedov's $70M Dubai Islands Real Estate Deal
Cover: Khabib Nurmagomedov
By DUBAI2 min read
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  • 1Khabib Nurmagomedov has partnered with DIA Developments to launch LuzOra Residences, a $70 million hybrid hotel-residential project on Dubai Islands.
  • 2One-bedroom apartments start from AED 1.7 million, with projected rental yields of 8–10% and a 40/60 payment plan split between construction and handover.
  • 3The development allocates 70% of units to investors and 30% to end-users, with construction underway since October 2025 and handover scheduled for August 2027.
  • 4LuzOra Residences is Khabib Nurmagomedov's first UAE real estate venture, with additional branded projects from the DIA Developments partnership already in the pipeline.

Khabib Nurmagomedov is now part of the UAE property conversation after announcing a major real estate partnership in Dubai. The former UFC champion has teamed up with DIA Developments, a premium $70 million project located on Dubai Islands. The announcement marks his first major property venture in the region and adds another high-profile name to Dubai's fast-growing luxury real estate market.

What Is LuzOra Residences?

LuzOra Residences is planned as a hybrid hotel-and-residential development. Buyers will have the benefits of private ownership while also having access to hotel-style services and convenience.

This type of concept has become increasingly popular in Dubai, where many buyers look for flexible living options that suit both personal use and investment goals. One-bedroom apartments start from AED 1.7 million, with projected rental yields from 8%, averaging around 10%.

Key Project Details

Several details were confirmed during the launch announcement:

- Estimated project value: $70 million - Location: Dubai Islands - Allocation plan: 70% investor units, 30% end-user units - Partnership: Khabib Nurmagomedov and DIA Developments - Construction started: October 2025; completion scheduled August 2027 - Payment plan: 40% during construction, 60% on handover - Future pipeline: Additional branded projects planned within the next year

Why Dubai Islands?

Dubai Islands has become one of the emirate's most watched coastal destinations. The area continues to attract luxury hospitality brands, waterfront residences, and investors seeking premium locations with strong long-term potential.

A launch of this scale from a globally recognised sports figure adds significant attention to the district at a time when demand for branded and lifestyle-led residences remains strong.

Why Khabib Nurmagomedov's Entry Into Dubai Real Estate Matters

Celebrity-backed developments continue to generate serious buyer interest in Dubai. Global names attached to residential projects — especially in high-demand locations — tend to attract fast-moving capital.

For [Khabib Nurmagomedov]( the announcement signals a new business chapter focused on community-led real estate and long-term expansion in the UAE. Dubai's property market has seen luxury brands, global founders, and major athletes join the space — and now Khabib is on that list.

With LuzOra Residences now announced on Dubai Islands and 38% of units already sold or reserved at launch, attention turns to pricing timelines and what comes next from this partnership with DIA Developments.

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Written by

Gerard Urbanozo

Reporting from Dubai — independent, on the ground, and built on local sources.