New homes in Velora 2 at The Valley Phase 2 start at AED 2,930,000; keys are due Jul 2028; you pay 10% to book, 70% while it is built and 20% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 130 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley. Their median price is AED 1,551 per sq ft (about AED 3,811,000 at 2,457 sq ft). This project's from price is AED 1,193 per sq ft (AED 2,930,000 for its smallest home, 2,457 sq ft), 23% less.
Keys
Jul 2028
The developer's handover date
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
3 to 4 beds
Sizes
2,457 to 2,732 sq ft
Ownership
Freehold
Property types
Townhouse
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 1,193 per sq ft
Similar off-plan homes: AED 1,551 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 10% when you book, 70% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 293,000+ AED 117,200 DLD fee
AED 410,200
Feb 2027While it is built · 11.7%
While it is built
11.7%
AED 341,833
AED 752,033
May 2027While it is built · 11.7%
While it is built
11.7%
AED 341,834
AED 1,093,867
Aug 2027While it is built · 11.7%
While it is built
11.7%
AED 341,833
AED 1,435,700
Oct 2027While it is built · 11.7%
While it is built
11.7%
AED 341,833
AED 1,777,533
Jan 2028While it is built · 11.7%
While it is built
11.7%
AED 341,834
AED 2,119,367
Apr 2028While it is built · 11.7%
While it is built
11.7%
AED 341,833
AED 2,461,200
Jul 2028Keys · 20%
Keys
20%
AED 586,000
AED 3,047,200
Booking payment, 10%
AED 293,000
Dubai Land Department fee (Oqood), 4%
AED 117,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 410,200
Total costPrice plus the DLD fee
AED 3,047,200
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.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
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. Ask Emaar Properties for the estimate.
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 130 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across The Valley, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 130 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley, 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 1,551 per sq ft
AED 1,082 to AED 1,190 per sq ft
6 sales
AED 1,190 to AED 1,298 per sq ft
8 sales
This project's from price is in this band.
AED 1,298 to AED 1,406 per sq ft
19 sales
AED 1,406 to AED 1,514 per sq ft
25 sales
AED 1,514 to AED 1,622 per sq ft
17 sales
AED 1,622 to AED 1,730 per sq ft
19 sales
AED 1,730 to AED 1,838 per sq ft
13 sales
AED 1,838 to AED 1,946 per sq ft
23 sales
AED 1,082 per sq ftAED 1,946 per sq ft
This project AED 1,193 per sq ft
Half of the sales sold for AED 1,408 to AED 1,754 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 1,082 to AED 1,190 per sq ft
6
AED 1,190 to AED 1,298 per sq ft
8
AED 1,298 to AED 1,406 per sq ft
19
AED 1,406 to AED 1,514 per sq ft
25
AED 1,514 to AED 1,622 per sq ft
17
AED 1,622 to AED 1,730 per sq ft
19
AED 1,730 to AED 1,838 per sq ft
13
AED 1,838 to AED 1,946 per sq ft
23
The 3 closest sales
Picked from the 130 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 3,317,888AED 1,480 per sq ftThe Valley - Elva, 2,241 sq ft
Feb 2026AED 2,361,220AED 1,082 per sq ftThe Valley - Alana, 2,182 sq ft
Aug 2026AED 2,550,000AED 1,195 per sq ftThe Valley - Nima, 2,135 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 The Valley 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
3-bed villaFrom AED 2,930,000 here
Off-plan medianAED 3,127,000AED 1,804 per sq ft
Sales427
23% below 130 similar sales
4-bed villa
Off-plan medianAED 4,270,000AED 1,330 per sq ft
Sales369
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
4.8%
Typical gross yield of similar ready homes
5%
Median rent of 3-bed villas in The Valley
AED 140,000 a year
Rent contracts counted
434
Rented between
Apr 1, 2025 and Mar 31, 2026
3-bed villa
AED 140,000 a year
4-bed villa
AED 177,000 a year
There is no DLD service charge for this project or its area, so we leave out the service charge and the net yield.
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 140,000 ÷ AED 2,930,000 = 4.8%. 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.
About Velora 2 at The Valley Phase 2
Velora 2 at The Valley Phase 2 is an Emaar Properties townhouse project in The Valley, with 3- and 4-bedroom homes from AED 2,930,000 and handover listed for July 2028. By our map the nearest metro station is about 25 km away.
Most of the price falls before handover. The plan is 10% on booking, 70% during construction and 20% on handover. At the from price that is AED 293,000 to book, AED 2,051,000 during the build and AED 586,000 at handover. Separately, the 4% DLD fee comes to AED 117,200. Ask Emaar how the construction payments are spread between now and July 2028.
The homes are townhouses with three or four bedrooms. The listing gives sizes of 2,457 to 2,732 sq ft, and the developer quotes 2,457 sq ft for three bedrooms and 2,695 sq ft for four; ask for the floor plan of the exact unit. Residents share a children's play area, a gym, a shared pool and a children's pool, and parking is covered.
The listed handover is July 2028, about 20 months from now. The home is freehold. Ask Emaar for the latest construction progress and the expected service charge once the community is complete.
By our map, a Medcare medical centre in The Valley is about 2 km away, around 4 minutes by car. GEMS Wellington Academy is about 13.3 km away and Indian International School about 13.6 km, both about 25 minutes by car by our estimate. Arabian Ranches Golf Club is about 29 minutes away. Centrepoint Metro Station (formerly Rashidiya) is about 25 km away and Business Bay about 26 km, each about 36 minutes by car, and Kite Beach about 45.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
3 BR
4 BR
How prices moved
Median price of 3-bed villas in The Valley, over the 12 months to each dateUp 26% from Dec 2024 to Sep 2026.
Dec 2024AED 1,430 per sq ft
Sep 2026AED 1,804 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,804 per sq ft
427 sales
Jun 2026
AED 1,803 per sq ft
435 sales
Mar 2026
AED 1,760 per sq ft
569 sales
Dec 2025
AED 1,585 per sq ft
931 sales
Sep 2025
AED 1,517 per sq ft
800 sales
Jun 2025
AED 1,473 per sq ft
1,287 sales
Mar 2025
AED 1,464 per sq ft
1,494 sales
Dec 2024
AED 1,430 per sq ft
1,233 sales
Off-plan sales only.
Questions about this project
Who is building Velora 2?
Emaar Properties. It is in The Valley Phase 2.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
What can I buy here?
Three- and four-bedroom townhouses of 2,457 to 2,732 sq ft in the listing. The developer quotes 2,457 sq ft for three bedrooms and 2,695 sq ft for four.
What is the payment schedule?
10% on booking, 70% during construction and 20% on handover: AED 293,000, AED 2,051,000 and AED 586,000 at the from price. Separately, the 4% DLD fee comes to AED 117,200; ask when it is due.
When is handover?
The listed handover is July 2028. Ask Emaar for a current construction update.
How far are schools and the metro?
By our map, GEMS Wellington Academy is about 13.3 km away, about 25 minutes by car. Centrepoint Metro Station is about 25 km away, about 36 minutes by car.
