New homes in Elora The Valley start at AED 1,600,000; the keys were due Sep 2026; you pay 10% to book, 70% while it is built and 20% at the keys.
Keys
Sep 2026
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
3 to 4 beds
Sizes
2,068 to 2,095 sq ft
Ownership
Freehold
Property types
Townhouse
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 774 per sq ft
At the smallest size listed
RERA project
2511
Check it in Dubai REST, the Dubai Land Department's official app.
Built
89%
Being built. DLD register, Jun 12, 2026
Completion on the register
Sep 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
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
When you book
Booking
10%
AED 160,000
As it is built
While it is built
70%
AED 1,120,000
At the keys (Sep 2026)
Keys
20%
AED 320,000
Booking payment, 10%
AED 160,000
Dubai Land Department fee (Oqood), 4%
AED 64,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 224,000
The handover date (Sep 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
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 48 finished projects by this developer since 2016. 48 of the 48 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.
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 65 off-plan sales of 3-bed villas of 1,397 sq ft to 2,095 sq ft in The Valley - Elora, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in The Valley - Elora sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 65 off-plan sales of 3-bed villas of 1,397 sq ft to 2,095 sq ft in The Valley - Elora, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,551 per sq ft
AED 1,315 to AED 1,377 per sq ft
4 sales
AED 1,377 to AED 1,440 per sq ft
7 sales
AED 1,440 to AED 1,502 per sq ft
11 sales
AED 1,502 to AED 1,565 per sq ft
16 sales
AED 1,565 to AED 1,627 per sq ft
8 sales
AED 1,627 to AED 1,689 per sq ft
10 sales
AED 1,689 to AED 1,752 per sq ft
6 sales
AED 1,752 to AED 1,814 per sq ft
3 sales
AED 1,315 per sq ftAED 1,814 per sq ft
This project AED 774 per sq ft, below every sale
Half of the sales sold for AED 1,484 to AED 1,686 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,315 to AED 1,377 per sq ft
4
AED 1,377 to AED 1,440 per sq ft
7
AED 1,440 to AED 1,502 per sq ft
11
AED 1,502 to AED 1,565 per sq ft
16
AED 1,565 to AED 1,627 per sq ft
8
AED 1,627 to AED 1,689 per sq ft
10
AED 1,689 to AED 1,752 per sq ft
6
AED 1,752 to AED 1,814 per sq ft
3
The 3 closest sales
Picked from the 65 similar sales above, closest in size to this project's smallest home.
Feb 2026AED 2,300,000AED 1,551 per sq ftThe Valley - Elora, 1,483 sq ft
Feb 2026AED 2,530,000AED 1,706 per sq ftThe Valley - Elora, 1,483 sq ft
Jan 2026AED 2,625,000AED 1,770 per sq ftThe Valley - Elora, 1,483 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. 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 1,600,000 here
Off-plan medianAED 3,127,000AED 1,804 per sq ft
Sales427
Price far from 65 similar sales
4-bed villa
Off-plan medianAED 4,270,000AED 1,330 per sq ft
Sales369
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
8.8%
Typical for 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
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 140,000 ÷ AED 1,600,000 = 8.8%. 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.
Elora, by Emaar Properties, is phase six of The Valley, with 430 two-storey townhouses of three or four bedrooms from AED 1,600,000. The listed handover of September 2026 has passed, so it may be out of date; ask the developer.
Start with timing. The listed handover is September 2026, which has already passed, so the date may be out of date. Ask Emaar for the current handover date and whether the townhouses are complete before you pay.
The plan is 10% on booking, 70% during construction and 20% at handover. At the from price that is AED 160,000 to book, AED 1,120,000 during construction and AED 320,000 at handover. Separately, the 4% DLD fee comes to AED 64,000; ask when it is due. The price check for this project isn't reliable enough to quote.
The townhouses have three or four bedrooms over two floors, with a terrace, a balcony, a laundry room, a store room, a staff room and floor-to-ceiling windows. Buyers choose between two design styles, Moon and Mysk. The listing's size range reads 2,095 to 2,068 sq ft, which cannot be right, so check the floor plans for the exact unit.
A Medcare medical centre is about 700 m away. The nearest schools listed are 10 to 13 km away, 21 to 25 minutes by car, among them GEMS Wellington Academy at about 12.5 km. Centrepoint Metro Station (formerly Rashidiya) is about 24 km away, around 33 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Type 1
Type 2
Type 1
Type 2
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
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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 registered with the Dubai Land Department.
Questions about this project
When is handover?
The listed handover is September 2026, which has passed, so it may be out of date. Ask Emaar for the current date. Ask the developer whether the homes are complete and for the completion certificate.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own the homes outright.
How big are the townhouses?
The listing's size range of 2,095 to 2,068 sq ft does not add up, so check the floor plan of the unit you are offered.
What would I pay at the from price?
AED 160,000 on booking, AED 1,120,000 during construction and AED 320,000 at handover. Separately, the 4% DLD fee comes to AED 64,000; ask when it is due.
How does the price compare with recent sales in The Valley?
The price check for this project isn't reliable enough to quote.
What comes with each townhouse?
A terrace, a balcony, a laundry room, a store room and a staff room. There are two styles to choose from, Moon and Mysk.