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.
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
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 1,193 per sq ft
At the smallest size listed
RERA project
3161
Check it in Dubai REST, the Dubai Land Department's official app.
Built
6%
Being built. DLD register, Jun 12, 2026
Completion on the register
Jul 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
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
Now
Booking
10%
AED 293,000
Feb 2027
While it is built
11.7%
AED 341,833
May 2027
While it is built
11.7%
AED 341,833
Aug 2027
While it is built
11.7%
AED 341,833
Oct 2027
While it is built
11.7%
AED 341,833
Jan 2028
While it is built
11.7%
AED 341,833
Apr 2028
While it is built
11.7%
AED 341,833
Jul 2028
Keys
20%
AED 586,000
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
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.
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 149 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley - Velora 2, 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 - Velora 2 sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 149 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley - Velora 2, 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 1,525 per sq ft
AED 1,462 to AED 1,492 per sq ft
6 sales
AED 1,492 to AED 1,522 per sq ft
26 sales
AED 1,522 to AED 1,552 per sq ft
64 sales
AED 1,552 to AED 1,582 per sq ft
30 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 1,193 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
6
AED 1,492 to AED 1,522 per sq ft
26
AED 1,522 to AED 1,552 per sq ft
64
AED 1,552 to AED 1,582 per sq ft
30
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 149 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
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 2,930,000 here
Off-plan medianAED 3,127,000AED 1,804 per sq ft
Sales427
Price far from 149 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
4.8%
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 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 us 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 registered with the Dubai Land Department.
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.
