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.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 178 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 1,705 per sq ft (about AED 4,187,000 at 2,456 sq ft). This project's from price is AED 1,010 per sq ft (AED 2,480,000 for its smallest home, 2,456 sq ft), 41% less.
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
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 1,010 per sq ft
Similar off-plan homes: AED 1,705 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, 70% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 248,000
Feb 2027
While it is built
11.7%
AED 289,333
May 2027
While it is built
11.7%
AED 289,333
Aug 2027
While it is built
11.7%
AED 289,333
Nov 2027
While it is built
11.7%
AED 289,333
Feb 2028
While it is built
11.7%
AED 289,333
May 2028
While it is built
11.7%
AED 289,333
Aug 2028
Keys
20%
AED 496,000
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
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.
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 178 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley, 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 The Valley, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 178 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in The Valley, 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 1,705 per sq ft
AED 1,068 to AED 1,188 per sq ft
7 sales
AED 1,188 to AED 1,309 per sq ft
10 sales
AED 1,309 to AED 1,429 per sq ft
22 sales
AED 1,429 to AED 1,549 per sq ft
24 sales
AED 1,549 to AED 1,669 per sq ft
15 sales
AED 1,669 to AED 1,789 per sq ft
38 sales
AED 1,789 to AED 1,909 per sq ft
53 sales
AED 1,909 to AED 2,029 per sq ft
9 sales
AED 1,068 per sq ftAED 2,029 per sq ft
This project AED 1,010 per sq ft, below every sale
Half of the sales sold for AED 1,457 to AED 1,843 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 1,068 to AED 1,188 per sq ft
7
AED 1,188 to AED 1,309 per sq ft
10
AED 1,309 to AED 1,429 per sq ft
22
AED 1,429 to AED 1,549 per sq ft
24
AED 1,549 to AED 1,669 per sq ft
15
AED 1,669 to AED 1,789 per sq ft
38
AED 1,789 to AED 1,909 per sq ft
53
AED 1,909 to AED 2,029 per sq ft
9
The 3 closest sales
Picked from the 178 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
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 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
41% below 178 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
5.6%
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 2,480,000 = 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 us 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
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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
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.
