New homes in Seraph By Wadan start at AED 595,000; keys are due Dec 2027; you pay 15% to book, 35% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 67 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Seraph by Wadan. Their median price is AED 1,413 per sq ft (about AED 529,000 at 374 sq ft). This project's from price is AED 1,591 per sq ft (AED 595,000 for its smallest home, 374 sq ft), 13% more.
Keys
Dec 2027
The developer's handover date
Payment plan
15 / 35 / 50
15% to book, 35% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
374 to 1,493 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 1,591 per sq ft
Similar off-plan homes: AED 1,413 per sq ft
RERA project
4109
Check it in Dubai REST, the Dubai Land Department's official app.
Built
21%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك ابوظبي الأول ش.م.ع
The bank that holds your payments
Registered homes
190
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 15% when you book, 35% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 15%
Booking
15%
AED 89,250+ AED 23,800 DLD fee
AED 113,050
Feb 2027While it is built · 8.8%
While it is built
8.8%
AED 52,063
AED 165,113
Apr 2027While it is built · 8.8%
While it is built
8.8%
AED 52,062
AED 217,175
Jul 2027While it is built · 8.8%
While it is built
8.8%
AED 52,063
AED 269,238
Sep 2027While it is built · 8.8%
While it is built
8.8%
AED 52,062
AED 321,300
Dec 2027Keys · 50%
Keys
50%
AED 297,500
AED 618,800
Booking payment, 15%
AED 89,250
Dubai Land Department fee (Oqood), 4%
AED 23,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 113,050
Total costPrice plus the DLD fee
AED 618,800
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.
Is the price fair?
Dubai Land Department recorded 67 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Seraph by Wadan, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 67 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Seraph by Wadan, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,413 per sq ft
AED 1,197 to AED 1,263 per sq ft
7 sales
AED 1,263 to AED 1,329 per sq ft
5 sales
AED 1,329 to AED 1,394 per sq ft
15 sales
AED 1,394 to AED 1,460 per sq ft
17 sales
AED 1,460 to AED 1,525 per sq ft
11 sales
AED 1,525 to AED 1,591 per sq ft
1 sale
This project's from price is in this band.
AED 1,591 to AED 1,657 per sq ft
10 sales
AED 1,657 to AED 1,722 per sq ft
1 sale
AED 1,197 per sq ftAED 1,722 per sq ft
This project AED 1,591 per sq ft
Half of the sales sold for AED 1,344 to AED 1,492 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,197 to AED 1,263 per sq ft
7
AED 1,263 to AED 1,329 per sq ft
5
AED 1,329 to AED 1,394 per sq ft
15
AED 1,394 to AED 1,460 per sq ft
17
AED 1,460 to AED 1,525 per sq ft
11
AED 1,525 to AED 1,591 per sq ft
1
AED 1,591 to AED 1,657 per sq ft
10
AED 1,657 to AED 1,722 per sq ft
1
The 3 closest sales
Picked from the 67 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 530,060AED 1,429 per sq ftSeraph by Wadan, 371 sq ft
Jun 2026AED 596,436AED 1,608 per sq ftSeraph by Wadan, 371 sq ft
Jun 2026AED 596,436AED 1,608 per sq ftSeraph by Wadan, 371 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 595,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
13% above 67 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
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
6.7%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.7%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (374 sq ft)
AED 4,862
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 595,000 = 6.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
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
Gems First Point School (The Villa)850 m, 14 min walkSchool
GEMS Wellington Academy3 km, 10 min driveBritish school
Indian International School3 km, 9 min driveIndian school
Seraph By Wadan is a WADAN Developments project in Dubai Land Residence Complex, with furnished studios to two-bedroom apartments from AED 595,000 and a listed handover of December 2027. Its from price per square foot is 13% above 67 studio off-plan sales in this project over the 12 months to November 2026.
The Dubai Land Department lists 67 studio off-plan sales in this project in the 12 months to November 2026. The from price per square foot is 13% above their median. Compare the price and size of the unit you are offered with those sales.
The plan is 15% on booking, 35% during construction and 50% at handover. At the from price that is AED 89,250 on booking, AED 208,250 during construction and AED 297,500 at handover in December 2027. Separately, the 4% DLD fee comes to AED 23,800; ask when it is due. Get the dated schedule for the construction payments.
The listing says units come fully furnished and fitted, so ask what the furniture package includes. Studios are listed at 374 sq ft, one-bedroom homes at 774 sq ft and two-bedroom homes at 1,390 sq ft, within a range of 374 to 1,493 sq ft. Facilities include a rooftop pool, a kids' pool, a gym, a Jacuzzi, a sauna and ice bath therapy. There is also a private cinema, a BBQ area, lounges and a children's play area.
An Aster medical centre is about 110 m away and Gems First Point School (The Villa) about 870 m, around a 14-minute walk. GEMS Wellington Academy is about 3 km away, around 10 minutes by car. Creek Metro Station is about 15 km away, around 20 minutes by car, and Business Bay about 21 minutes.
