New homes in Timber Terrace start at AED 1,059,000; keys are due Sep 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 841 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai South Residential District. Their median price is AED 1,483 per sq ft (about AED 1,341,000 at 904 sq ft). This project's from price is AED 1,171 per sq ft (AED 1,059,000 for its smallest home, 904 sq ft), 21% less.
Keys
Sep 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
1 to 3 beds
Sizes
904 to 1,697 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 1,171 per sq ft
Similar off-plan homes: AED 1,483 per sq ft
RERA project
4165
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Nov 11, 2026
Completion on the register
Jul 2027
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
يونايتد بنك ليمتد (مكتب ادارة)
The bank that holds your payments
Registered homes
77
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 105,900+ AED 42,360 DLD fee
AED 148,260
Feb 2027While it is built · 13.3%
While it is built
13.3%
AED 141,200
AED 289,460
Apr 2027While it is built · 13.3%
While it is built
13.3%
AED 141,200
AED 430,660
Jul 2027While it is built · 13.3%
While it is built
13.3%
AED 141,200
AED 571,860
Sep 2027Keys · 50%
Keys
50%
AED 529,500
AED 1,101,360
Booking payment, 10%
AED 105,900
Dubai Land Department fee (Oqood), 4%
AED 42,360
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 148,260
Total costPrice plus the DLD fee
AED 1,101,360
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 841 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai South Residential District, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Timber Terrace sold in 24 months, so we compare with off-plan sales across Dubai South Residential District.
Dubai Land Department recorded 841 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai South Residential District, 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 1,483 per sq ft
AED 1,000 to AED 1,107 per sq ft
24 sales
AED 1,107 to AED 1,214 per sq ft
47 sales
This project's from price is in this band.
AED 1,214 to AED 1,321 per sq ft
94 sales
AED 1,321 to AED 1,428 per sq ft
157 sales
AED 1,428 to AED 1,535 per sq ft
186 sales
AED 1,535 to AED 1,642 per sq ft
226 sales
AED 1,642 to AED 1,749 per sq ft
86 sales
AED 1,749 to AED 1,856 per sq ft
21 sales
AED 1,000 per sq ftAED 1,856 per sq ft
This project AED 1,171 per sq ft
Half of the sales sold for AED 1,381 to AED 1,597 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 1,000 to AED 1,107 per sq ft
24
AED 1,107 to AED 1,214 per sq ft
47
AED 1,214 to AED 1,321 per sq ft
94
AED 1,321 to AED 1,428 per sq ft
157
AED 1,428 to AED 1,535 per sq ft
186
AED 1,535 to AED 1,642 per sq ft
226
AED 1,642 to AED 1,749 per sq ft
86
AED 1,749 to AED 1,856 per sq ft
21
The 3 closest sales
Picked from the 841 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 1,436,627AED 1,589 per sq ftENRE RESIDENCE BY IMTIAZ, 904 sq ft
Jul 2026AED 1,356,130AED 1,500 per sq ftENRE RESIDENCE BY IMTIAZ, 904 sq ft
Jun 2026AED 1,438,461AED 1,591 per sq ftENRE RESIDENCE BY IMTIAZ, 904 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 South 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
1-bed apartmentFrom AED 1,059,000 here
Off-plan medianAED 1,186,000AED 1,599 per sq ft
Sales4,465
21% below 841 similar sales
2-bed apartment
Off-plan medianAED 1,865,000AED 1,555 per sq ft
Sales2,463
3-bed apartment
Off-plan medianAED 2,500,000AED 1,553 per sq ft
Sales351
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
5.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.2%
Typical gross yield of similar ready homes
8.2%
Median rent of 1-bed apartments in Dubai South
AED 58,500 a year
Service charge a year, from the keysThe area median, AED 14 per sq ft from 9 buildings, as of 2023, for the smallest home (904 sq ft)
AED 12,656
Rent contracts counted
1,380
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 58,500 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 125,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 58,500 ÷ AED 1,059,000 = 5.5%. 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
Expo 2020 Metro Station6 km, 12 min driveMetro station
Greenfield International School4.1 km, 8 min driveSchool
South View School7.4 km, 20 min driveBritish school
Timber Terrace is a building of 77 apartments by Vakson Real Estate in Dubai South, with one- to three-bedroom homes from AED 1,059,000 and handover listed for September 2027. The from price per square foot is 21% below 841 similar one-bedroom off-plan sales in Dubai World Central over the 12 months to November 2026.
DLD lists 841 one-bedroom off-plan sales in Dubai World Central in the 12 months to November 2026. The from price per square foot of Timber Terrace is 21% below their median.
Half the price falls on handover. The plan is 10% on booking, 40% during construction and 50% on handover; the listed handover is September 2027. At the from price you pay AED 105,900 to book, AED 423,600 during the build and AED 529,500 on handover. Separately, the 4% DLD fee comes to about AED 42,400.
There are 77 freehold apartments. One-bedroom homes are 904 sq ft, two-bedroom homes 1,157 sq ft and three-bedroom homes 1,697 sq ft. Shared facilities include a jacuzzi, a pickleball court, a fully equipped gym and a partially covered swimming pool. There is also a jogging track.
By our map, Alnoor South Polyclinic is about 2.2 km away, around 6 minutes by car, and Greenfield International School about 4.1 km (8 minutes). Expo 2020 Metro Station is about 6 km away, roughly 12 minutes by car. South View School is about 7.4 km (20 minutes). Drive times are our estimate.
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
How prices moved
Median price of 1-bed apartments in Dubai South, over the 12 months to each dateUp 5% from Dec 2024 to Sep 2026.
Dec 2024AED 1,525 per sq ft
Sep 2026AED 1,599 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,599 per sq ft
4,465 sales
Jun 2026
AED 1,579 per sq ft
3,823 sales
Mar 2026
AED 1,573 per sq ft
2,639 sales
Dec 2025
AED 1,637 per sq ft
2,647 sales
Sep 2025
AED 1,567 per sq ft
2,542 sales
Jun 2025
AED 1,582 per sq ft
2,436 sales
Mar 2025
AED 1,598 per sq ft
2,053 sales
Dec 2024
AED 1,525 per sq ft
1,257 sales
Off-plan sales only.
Questions about this project
Which developer is behind Timber Terrace?
Vakson Real Estate. The building is in Dubai South.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
How does the price compare with nearby sales?
The from price per square foot is 21% below the median of 841 one-bedroom off-plan sales in Dubai World Central over the 12 months to November 2026.
What is due before handover?
Half the price: 10% on booking and 40% during construction, or AED 105,900 and AED 423,600 at the from price. The remaining AED 529,500 is due on handover. Separately, the 4% DLD fee comes to about AED 42,400; ask when it is due.
How large are the homes?
904 sq ft for one bedroom, 1,157 sq ft for two and 1,697 sq ft for three.
What can residents use on the roof?
A jacuzzi, a fully equipped gym, a pickleball court, a children's pool and a partially covered swimming pool.
