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 Oct 19, 2026, Dubai Land Department recorded 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central. Their median price is AED 1,590 per sq ft (about AED 1,437,000 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), 26% 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
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 1,171 per sq ft
Similar off-plan homes: AED 1,590 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
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
Now
Booking
10%
AED 105,900
Feb 2027
While it is built
13.3%
AED 141,200
Apr 2027
While it is built
13.3%
AED 141,200
Jul 2027
While it is built
13.3%
AED 141,200
Sep 2027
Keys
50%
AED 529,500
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
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.
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.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 9 buildings on the Dubai Land Department register. For the smallest home (904 sq ft) that is about AED 13,000 a year.
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 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Dubai World Central, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 2,865 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,590 per sq ft
AED 1,059 to AED 1,209 per sq ft
155 sales
This project's from price is in this band.
AED 1,209 to AED 1,359 per sq ft
278 sales
AED 1,359 to AED 1,508 per sq ft
468 sales
AED 1,508 to AED 1,658 per sq ft
1,006 sales
AED 1,658 to AED 1,807 per sq ft
590 sales
AED 1,807 to AED 1,957 per sq ft
278 sales
AED 1,957 to AED 2,107 per sq ft
69 sales
AED 2,107 to AED 2,256 per sq ft
21 sales
AED 1,059 per sq ftAED 2,256 per sq ft
This project AED 1,171 per sq ft
Half of the sales sold for AED 1,452 to AED 1,702 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 1,059 to AED 1,209 per sq ft
155
AED 1,209 to AED 1,359 per sq ft
278
AED 1,359 to AED 1,508 per sq ft
468
AED 1,508 to AED 1,658 per sq ft
1,006
AED 1,658 to AED 1,807 per sq ft
590
AED 1,807 to AED 1,957 per sq ft
278
AED 1,957 to AED 2,107 per sq ft
69
AED 2,107 to AED 2,256 per sq ft
21
The 3 closest sales
Picked from the 2,865 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 1,349,460AED 1,491 per sq ftAzizi Venice 6 - Building D, 905 sq ft
Aug 2026AED 1,239,300AED 1,370 per sq ftAzizi Venice 6 - Building D, 905 sq ft
Jul 2026AED 1,308,300AED 1,446 per sq ftAzizi Venice 6 - Building D, 905 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 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 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
26% below 2,865 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
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
5.5%
Typical for similar ready homes
8.2%
Median rent of 1-bed apartments in Dubai South
AED 58,500 a year
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 26% below 2,865 similar one-bedroom off-plan sales in Dubai World Central over the 12 months to October 2026.
DLD lists 2,865 one-bedroom off-plan sales in Dubai World Central in the 12 months to October 2026. The from price per square foot of Timber Terrace is 26% 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 us 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 registered with the Dubai Land Department.
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 26% below the median of 2,865 one-bedroom off-plan sales in Dubai World Central over the 12 months to October 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.
