Seven Mile Beach

Currently under construction is the 10-storey Grand Hyatt Residences located on Pageant Beach, George Town, just on the cusp of where Seven Mile Beach begins. The 351-room hotel will contain 167 residential units and amenities, including five on-site restaurants, an ocean lagoon and a world-class spa and fitness facility. Studios and one to three-bedroom units are priced upwards of US$700,000 to as much as US$10 million. A 1-bed condo in 2018 sold for US$1.325 million and in 2024 it is listed for sale for US$2.325 million.

The Watermark which is going up between the existing Avalon and Harbour Heights complexes, will provide residents of the 54-unit development with five-star, resort-style amenities and services. It is scheduled to be finished in the beginning of 2025 and condos are now selling for US$9.6-$35 million.

Lacovia is to be redeveloped into a three-building, multi-storey, contemporary development comprising of three to five bedroom units, all outfitted with luxury appliances and bespoke finishes. As of June 2024 there were only nine units left for sale out of a total of 97.

Aqua Bay, by renowned developer The Butler Group, is going to be built on a 90ft wide beachfront, with a waterfall edge pool, a private beach, BBQ areas for al fresco dining, a fitness centre, oceanfront lounge and games room and on-site undercover parking for each villa. Aqua is a 10-storey development under construction, comprising 10 four-bedroom units – one to each floor. Units are now available from US$6.5 million.'

Seven Mile Beach Corridor

Prisma, in Crystal Harbour, has received conditional approval to build 58 apartments, 20 townhouses, five duplexes, a restaurant, a two-storey parking garage and 20 pools over 7.5 acres.

ONE Canal Point, a family-focused gated community set on five acres, has canal-front views. This property is a boater's dream due to its direct boat access to the North Sound. Prices start anywhere between US$800,000 to US$3 million, depending on the residence.

Lotus is another 3-bed townhouse complex with a garage on the Seven Mile Beach corridor that was selling pre-construction at CI$895k and is now selling for CI$1.275m.

Ecofriendly, roof-terraced and contemporary Solara units in Crystal Harbour are definitely worth a viewing for newcomers to the Island and nearby The Grove Too, which is set for completion in 2025, offers investment opportunities for commercial retail and upmarket residences.

West Bay

New developments include Blue Palms, which has eight three to four-bedroom homes with rooftop terraces.

Vida, located on the edge of Barker's Beach, is a boutique wellness hotel with 'Eco Lodge' residences for sale.

The Sands is located near Centennial Towers in West Bay and has six waterfront residences consisting of only two units per floor, starting at US$3.6 million.

Under construction is Serrana, which is an ultra-modern, low-density development. Each of the 18 units has panoramic ocean views and prices starting from CI$3.7 million.

Finished in 2022 is SeaDreams, a luxurious eight-unit, oceanfront boutique complex located on North West Point Road. Just one unit is currently listed on CIREBA at CI$1.8 million.

Salt Air Townhomes, with two, three (plus dens) and four-bedroom configurations, present a great opportunity to purchase a brand new townhome in this family and pet-friendly, gated neighbourhood of The Shores. A 4-bed condo was selling for US$1.8 million in June 2024.

Oceans 9 is now finished and is an impressive, newly built community of nine detached four-bedroom oceanfront homes within a gated community.

Still under construction is Point West, a property developed by the same developers as ONE Canal Point. It will feature 32 oceanfront units with luxury amenities, and will cost US$1.8 million for a 3-bed.

Also newly built in the North West Point area near Maccabuca is Sunset Point, which is nestled on almost 3.5 acres with over 460 feet of stunning waterfront, this new development offers a variety of units from CI$590K for a one bedroom.

Villa Marbella is a new complex of 12 units on North West Point Road with high-end finishings. A 1500sq ft 2-bed would set you back CI$800k.

Annie’s Retreat Villas, set to be a more modestly priced, boutique, private residential development located off Northwest Point Road, is a gated development designed with only 10 villas with prices from CI$389k.

Off Sonny Powery’s Drive, you will find Secret Beach, a refuge of tranquil luxury in a walled garden on one of the most beautiful pocket beaches in West Bay.

Finally, Dolphin Point Club, a new eco-friendly development that consists of 42 open-plan residences which range from one-bedroom units to four-bedroom villas. All units are either west or south-west facing, providing residents with a gorgeous sunset view every evening. Other amenities tip the luxury scale, as you would expect. The property still has units available as of July 2024, with prices starting at CI$2.2 million.

Camana Bay

OLEA is located to the south of Camana Bay’s town centre. It defines the amenity-rich waterfront neighbourhood. Kapok, a 10-storey, for-lease residential building located towards the north end of the Town Centre on Bismarckia Way, close to Foster’s supermarket, has 89 residences ranging from 561sq ft studios to 1,679sq ft, three-bedroom units. The Terraces offers residents the ‘work, live and play’ dream. With direct access to all of Camana Bay’s renowned amenities, The Terraces offer modern one and two-bedroom apartments.

George Town

ONE/GT, with construction well underway, is a CI$120 million development project, which will comprise a 178-suite hotel and residences. This will be the second 10-storey property development in George Town, and completion is set for early 2025, with pricing starting at CI$589k to CI$4.30 million.

A new addition to George Town is Urban Flats, the perfect residence for professionals, and in walking distance to the central business district. Catalina Bay presents a unique opportunity for oceanfront living adjacent to the airport and The Barcadere Marina. Residents will enjoy 800ft of sea frontage and a 170ft freeform pool. Two bedroom units start from US$1.6 million.

Scheduled for completion in the summer of 2025 is Kailani, Cayman’s first luxury wellness and business boutique hotel, developed by the NCB group in partnership with the Curio Collection by Hilton™.

RIA, an example of contemporary living brought to life, is a gated community with a mix of 42 condos and apartments located off Linford Pierson Highway. Expected to be completed in 2025, it is a three-phase development with one-bedroom apartments or two and three-bedroom condos, with prices ranging from CI$395,000 to CI$725,000.

South Sound

The area remains a developer's dream. Close to the now established gated community of Bahia, Q will follow suit with a total of 22 new two-bedroom townhouses with ocean views. Nearby, The South Sound Collection is carefully designed to allow for decadent exclusivity in the heart of South Sound. South Bay Residences by Palmyra Developments offer spacious waterfront living, fitted with luxury amenities in a lush, landscaped setting. Privé by Baraud Development comprises of 36 townhouses and 16 villas nestled within a six-acre South Sound site and just a few units remain priced from CI$785,000.

Phase 1 is now complete at Indigo Bay, a luxury development comprising of 29 ocean-view villas located in eastern South Sound. Communal amenities include a private dock and gazebo, pet-friendly park, roof top patios, a jacuzzi and an on-site, multi-purpose community centre. A few units are available, all in the CI$1.3M range.

Grand Harbour & Tropical Gardens

Phase two at Indigo Bay is now selling pre-construction contracts at this luxury development located in eastern South Sound. A few existing units are available at just shy of CI$1.4 million for a 3-bed.

With water views comes Allure which hugs the coastline and features two and three-bedroom luxury condos and a wide range of amenities for around the CI$800k mark.

Arvia is a gated canal-front complex with docks, and the epitome of modern condo living. It offers luxurious amenities for its residents as Grand Harbour shops and restaurants are seconds away. Prices start at around US$1 million.

Aura, a 2022 development, is a modern oceanfront community featuring a 60-diameter circular pool, 75ft lap pool, gym, 120ft private dock, outdoor BBQ and kids play area. Unit sale prices start at around CI$1 million.

Close-by Grand Palmyra provides residents access to a shared pool, garden and seating area. It is also a short walk to the new Harbour Walk Plaza. Harbour Walk Residences, which completed construction in 2023, offer the high standard of contemporary design and amenities one would expect in Cayman's 'suburbs' post-pandemic. European-style suites range upward from one bedroom and come in six different styles. Residents can enjoy all the extensive retail, leisure, fitness and wellness facilities that Harbour Walk has to offer.

Eastern Districts

Not quite out to the Eastern Districts is The Lagoons, on Omega Drive in Prospect. They offer high-quality canal front living with 13 two- and three-bedroom town homes.

Similar, though not on the water, is Serendra. Paraiso phase two's townhomes start at CI$1m for completion in 2025. 31 units of Jaz, located on Poindexter Road, will offer a gated, modern design development and The Landing has 2-bed plus den townhomes starting at CI$435K.

With George Town land at a premium, more and more 2-bed townhome developments are appearing further east in areas like Savannah and Lower Valley. Euphoria's developers are offering pre-construction listings from CI$435k. Lavania Court is a 12 townhome development with pricing now starting from CI$470k. Sunrise Landing will have 42 units and is set to be completed in 2025 with prices starting at $485k. Woodcrest will have 10 units, again each with 2-beds. Prices are currently at CI$439,000.

Further east, The Residences at Mandarin Oriental, to be located in Beach Bay, will feature 67 acres of private beach and tropical forests. Each of the 89 residences will have panoramic views of the ocean. Pre-construction pricing starts at US$6 million. Residents can expect the same impeccable amenities often found at Mandarin Oriental properties. As of February 2025, they have broken ground.

Over in the East End and North Side districts, the Silver Reef Residences are available with pricing from CI$890k. Beach Groves is a proposed sustainable project that aligns with Leadership in Energy and Environmental Design (LEED) principles. Beach Groves will be in the vicinity of a wildlife sanctuary and prices start at US$1 million. Out in East End itself is Ocean Vista, located about a mile away from Health City. Now selling Phase III, Ocean Vista offers two and three-bedroom units with modern finishes starting at CI$325k. In the pre-construction phase and already 75% sold is Tradewind Villas, located in beautiful Colliers and offering one and two-bedroom units.

If you are hoping to create a new residential development, Procure Cayman offer their development services during consultation to minimise the risks that can arise when starting a new project.

If you already have a development underway that we have not mentioned, please email us at james@acorn.ky.