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Orvessa Residences, Al Furjan: photos

Off-planKeys Sep 2028

Orvessa Residences

New homes in Al Furjan, by BnW Developments

New homes in Orvessa Residences start at AED 1,284,452; keys are due Sep 2028; you pay 20% to book, 50% while it is built and 30% at the keys.

Keys
Sep 2028
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 3 beds
Sizes
721 to 1,608 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

As of Nov 1, 2026. These details can change; confirm them with the developer before you book.⁠

Dubai Land Department register

From price per sq ft
AED 1,781 per sq ft
At the smallest size listed
RERA project
3434
Check it in Dubai REST, the Dubai Land Department's official app.
Built
1%
Being built. DLD register, Nov 11, 2026
Completion on the register
Sep 2028
When we started recording it on Jun 12, 2026 it was Jun 2028. It has moved once since, by 3 months in total.
Escrow account
بنك المارية المحلي ذ.م.م - فرع دبي
The bank that holds your payments
Registered homes
92
In 1 buildings

Dubai Land Department project register, as of Nov 11, 2026.⁠

Paying for it

⁠

You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.

WhenStageShareAmountPaid by then
NowBooking20%AED 256,890+ AED 51,378 DLD feeAED 308,268
Feb 2027While it is built7.1%AED 91,747AED 400,015
May 2027While it is built7.1%AED 91,747AED 491,762
Jul 2027While it is built7.1%AED 91,746AED 583,508
Oct 2027While it is built7.1%AED 91,747AED 675,255
Jan 2028While it is built7.1%AED 91,746AED 767,001
Apr 2028While it is built7.1%AED 91,747AED 858,748
Jun 2028While it is built7.1%AED 91,746AED 950,494
Sep 2028Keys30%AED 385,336AED 1,335,830
Booking payment, 20%
AED 256,890
Dubai Land Department fee (Oqood), 4%
AED 51,378
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 308,268
Total costPrice plus the DLD fee
AED 1,335,830
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

A mortgage at the keys

Before you buy

Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

What similar homes sold for

⁠

The median price of off-plan homes with the same number of bedrooms that sold in Al Furjan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 1,284,452 hereOff-plan medianAED 640,000AED 1,622 per sq ftSales769Too few sales to check: 7
1-bed apartmentOff-plan medianAED 1,482,000AED 1,899 per sq ftSales2,227
2-bed apartmentOff-plan medianAED 2,147,000AED 1,663 per sq ftSales1,926
3-bed apartmentOff-plan medianAED 2,666,000AED 1,426 per sq ftSales270

Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price⁠Rent ÷ price
3.7%
Net yield at the from price⁠(Rent − service charge) ÷ (price + DLD fee)
2.7%
Typical gross yield of similar ready homes
9.2%
Median rent of studio apartments in Al Furjan⁠
AED 48,000 a year
Service charge a year, from the keys⁠The area median, AED 17 per sq ft from 21 buildings, as of 2023, for the smallest home (721 sq ft)
AED 12,257
Rent contracts counted
3,597
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 48,000 a year
1-bed apartment
AED 70,000 a year
2-bed apartment
AED 100,000 a year
3-bed apartment
AED 137,000 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 48,000 ÷ AED 1,284,452 = 3.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Al Furjan Metro Station1.6 km, 6 min driveMetro station
  • The Arbor School400 m, 7 min walkSchool
  • Emirates International School - Meadows5.1 km, 13 min driveIB school
  • Delhi Private School2.7 km, 10 min driveIndian school
  • Pavilion Al Furjan1.3 km, 3 min driveMall
  • nmc jabel ali2.4 km, 5 min driveHospital
  • Jumeirah Lakes Towers5.7 km, 16 min driveOffices
  • The Montgomerie Golf Club5.2 km, 15 min driveGolf
  • Dreamz Park 2500 m, 9 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Orvessa Residences

BnW Developments is building Orvessa Residences in Al Furjan, with apartments listed from studio to three bedrooms and prices from AED 1,284,452. Handover is listed for September 2028, and 70% of the price falls due before then.

Orvessa Residences takes 20% on booking, 50% during construction and 30% at handover. At the from price of AED 1,284,452, that is AED 256,890, AED 642,226 and AED 385,336. The 4% Land Department fee adds AED 51,378. The plan gives no dates for the construction payments, so ask for the full schedule.

The listed handover is September 2028, about 22 months from now. Ask the developer for the latest construction update before you book. The project is freehold.

The listing gives studio to three-bedroom apartments of 721 to 1,608 sq ft. The developer's description only mentions one-, two- and three-bedroom layouts, so ask whether studios are offered and for the floor plans. The developer says the apartments come unfurnished. Shared facilities listed include indoor and outdoor gyms, a shared pool and a children's pool, steam and sauna rooms, a game room and 24/7 security.

A polyclinic is about 160 m away, and The Arbor School about 400 m, around a 7-minute walk. Al Furjan Metro Station is about 1.6 km away, a 6-minute drive. Jumeirah Lakes Towers is about 5.7 km away, around 16 minutes by car, and JBR beach about 6.3 km, a 14-minute drive.

The developer

BnW Developments

See every project by BnW Developments

Other projects by BnW Developments

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

  • 1 BR
  • 2 BR
  • 3 BR

Orvessa Residences: floor plans

How prices moved

⁠
Median price of studio apartments in Al Furjan, over the 12 months to each dateUp 5% from Dec 2024 to Sep 2026.

Dec 2024AED 1,550 per sq ft

Sep 2026AED 1,622 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 1,622 per sq ft769 sales
Jun 2026AED 1,616 per sq ft769 sales
Mar 2026AED 1,616 per sq ft615 sales
Dec 2025AED 1,602 per sq ft597 sales
Sep 2025AED 1,597 per sq ft595 sales
Jun 2025AED 1,559 per sq ft602 sales
Mar 2025AED 1,550 per sq ft576 sales
Dec 2024AED 1,550 per sq ft555 sales

Off-plan sales only.

Questions about this project

Is there a metro station nearby?

Al Furjan Metro Station is about 1.6 km away a 6-minute drive.

What do the payments come to?

At AED 1,284,452: AED 256,890 on booking, AED 642,226 during construction and AED 385,336 at handover. Separately, the 4% Land Department fee comes to AED 51,378; ask when it is due.

Can I buy a studio here?

The listing says studio to three beds, but the developer's description lists only one- to three-bedroom layouts. Ask which types are offered and for the floor plans.

Do the apartments come with furniture?

The developer says they come unfurnished.

When is handover?

The listed handover is September 2028, about 22 months away.

Can foreigners buy here?

Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.

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