New homes in Velora at The Valley Phase 2 start at AED 2,480,000; keys are due Aug 2028; you pay 10% to book, 70% while it is built and 20% at the keys.
Keys
Aug 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
2,456 to 2,731 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 1,010 per sq ft
At the smallest size listed
RERA project
3161
Check it in Dubai REST, the Dubai Land Department's official app.
Built
40%
Being built. DLD register, Nov 11, 2026
Completion on the register
Jul 2028
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
Dubai Land Department project register, as of Nov 11, 2026.
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 248,000+ AED 99,200 DLD fee
AED 347,200
Feb 2027While it is built · 11.7%
While it is built
11.7%
AED 289,333
AED 636,533
May 2027While it is built · 11.7%
While it is built
11.7%
AED 289,334
AED 925,867
Aug 2027While it is built · 11.7%
While it is built
11.7%
AED 289,333
AED 1,215,200
Nov 2027While it is built · 11.7%
While it is built
11.7%
AED 289,333
AED 1,504,533
Feb 2028While it is built · 11.7%
While it is built
11.7%
AED 289,334
AED 1,793,867
May 2028While it is built · 11.7%
While it is built
11.7%
AED 289,333
AED 2,083,200
Aug 2028Keys · 20%
Keys
20%
AED 496,000
AED 2,579,200
Booking payment, 10%
AED 248,000
Dubai Land Department fee (Oqood), 4%
AED 99,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 347,200
Total costPrice plus the DLD fee
AED 2,579,200
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.
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.
Check the developer's record.
The Dubai Land Department project register lists 57 finished projects by this developer since 2016. 57 of the 57 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 49 projects under way since Jun 12, 2026. None has moved since then.
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 146 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley - Velora 2, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in The Valley - Velora 2 sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 146 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley - Velora 2, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,525 per sq ft
AED 1,462 to AED 1,492 per sq ft
5 sales
AED 1,492 to AED 1,522 per sq ft
25 sales
AED 1,522 to AED 1,552 per sq ft
64 sales
AED 1,552 to AED 1,582 per sq ft
29 sales
AED 1,582 to AED 1,613 per sq ft
5 sales
AED 1,613 to AED 1,643 per sq ft
5 sales
AED 1,643 to AED 1,673 per sq ft
9 sales
AED 1,673 to AED 1,703 per sq ft
4 sales
AED 1,462 per sq ftAED 1,703 per sq ft
This project AED 1,010 per sq ft, below every sale
Half of the sales sold for AED 1,523 to AED 1,568 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 1,462 to AED 1,492 per sq ft
5
AED 1,492 to AED 1,522 per sq ft
25
AED 1,522 to AED 1,552 per sq ft
64
AED 1,552 to AED 1,582 per sq ft
29
AED 1,582 to AED 1,613 per sq ft
5
AED 1,613 to AED 1,643 per sq ft
5
AED 1,643 to AED 1,673 per sq ft
9
AED 1,673 to AED 1,703 per sq ft
4
The 3 closest sales
Picked from the 146 similar sales above, closest in size to this project's smallest home.
Nov 2024AED 3,299,550AED 1,618 per sq ftThe Valley - Velora 2, 2,040 sq ft
Nov 2024AED 3,290,730AED 1,686 per sq ftThe Valley - Velora 2, 1,951 sq ft
Oct 2026AED 2,925,888AED 1,509 per sq ftThe Valley - Velora 2, 1,939 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 2,480,000 here
Off-plan medianAED 3,127,000AED 1,804 per sq ft
Sales427
Price far from 146 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
5.6%
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 2,480,000 = 5.6%. 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.
Velora at The Valley Phase 2 is an Emaar Properties project of three- and four-bedroom townhouses in The Valley, from AED 2,480,000 and a listed handover of August 2028. Check the distances before you book: the nearest metro station is about 23 km away and Business Bay about 31 minutes by car.
The Medcare Medical Centre in The Valley is about 1.1 km away, around 2 minutes by car. GEMS Wellington Academy is about 11.7 km away, around 21 minutes by car, and Indian International School about 12.2 km, around 20 minutes. Arabian Ranches Golf Club is about 18.6 km away. Centrepoint Metro Station (formerly Rashidiya) is about 23.3 km away and Business Bay around 31 minutes by car.
You pay 10% on booking, 70% during construction and 20% at handover. At the from price that is AED 248,000 on booking, AED 1,736,000 during construction and AED 496,000 at handover. That makes AED 1,984,000 before handover. Ask when the 70% construction payment falls due and how it is split. Separately, the 4% DLD fee comes to AED 99,200 at the from price; ask when it is due.
The developer describes three and four-bedroom townhouses in six styles: Dale, Nash, Oakley, Ravine, Serene and Vale. The listing gives sizes from 2,456 to 2,731 sq ft. Ask for the floor plan of the unit you want. Shared facilities include a gym, a shared pool, a children's play area and covered parking.
The listed handover is August 2028, about 21 months from now. Ask Emaar for a construction update and the expected handover date for your style of home.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
4Plex-TH02
4Plex-TH01
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
Which developer is behind Velora Phase 2?
Emaar Properties. The townhouses are in The Valley.
What would I pay at each stage?
At the from price: AED 248,000 on booking, AED 1,736,000 during construction and AED 496,000 at handover. Separately, the 4% DLD fee comes to AED 99,200; ask when it is due.
How many bedrooms do the townhouses have?
Three or four. The listing gives sizes from 2,456 to 2,731 sq ft; ask for the floor plan of your unit.
When is handover?
The listed handover is August 2028.
Can foreigners buy here?
The listing shows the project as freehold. Confirm the terms with Emaar before you book.
How far is the metro?
Centrepoint Metro Station (formerly Rashidiya) is about 23.3 km away, around 32 minutes by car.
