New homes in Verdana Phase 3 start at AED 451,472; keys are due Dec 2027; you pay 20% while it is built and 80% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 341 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai Investment Park First. Their median price is AED 1,040 per sq ft (about AED 393,000 at 378 sq ft). This project's from price is AED 1,194 per sq ft (AED 451,472 for its smallest home, 378 sq ft), 15% more.
Keys
Dec 2027
The developer's handover date
Payment plan
20 / 80
20% while it is built, 80% at the keys
Bedrooms
Studio to 5 beds
Sizes
378 to 4,455 sq ft
Property types
Apartment and 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 1,194 per sq ft
Similar off-plan homes: AED 1,040 per sq ft
RERA project
2413
Check it in Dubai REST, the Dubai Land Department's official app.
Built
55%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2025
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة)
The bank that holds your payments
Paying for it
You pay 20% as the building goes up, and 80% when you get the keys.
AED
When
Stage
Share
Amount
Feb 2027
While it is built
5%
AED 22,574
Apr 2027
While it is built
5%
AED 22,574
Jul 2027
While it is built
5%
AED 22,574
Sep 2027
While it is built
5%
AED 22,574
Dec 2027
Keys
80%
AED 361,178
Dubai Land Department fee (Oqood), 4%
AED 18,059
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 18,059
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.
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 Reportage 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 341 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai Investment Park First, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Verdana(Phase 2) sold in 24 months, so we compare with off-plan sales across Dubai Investment Park First.
Dubai Land Department recorded 341 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai Investment Park First, 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 1,040 per sq ft
AED 732 to AED 854 per sq ft
54 sales
AED 854 to AED 977 per sq ft
103 sales
AED 977 to AED 1,099 per sq ft
31 sales
AED 1,099 to AED 1,222 per sq ft
32 sales
This project's from price is in this band.
AED 1,222 to AED 1,344 per sq ft
59 sales
AED 1,344 to AED 1,466 per sq ft
41 sales
AED 1,466 to AED 1,589 per sq ft
11 sales
AED 1,589 to AED 1,711 per sq ft
10 sales
AED 732 per sq ftAED 1,711 per sq ft
This project AED 1,194 per sq ft
Half of the sales sold for AED 891 to AED 1,305 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 732 to AED 854 per sq ft
54
AED 854 to AED 977 per sq ft
103
AED 977 to AED 1,099 per sq ft
31
AED 1,099 to AED 1,222 per sq ft
32
AED 1,222 to AED 1,344 per sq ft
59
AED 1,344 to AED 1,466 per sq ft
41
AED 1,466 to AED 1,589 per sq ft
11
AED 1,589 to AED 1,711 per sq ft
10
The 3 closest sales
Picked from the 341 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 571,000AED 1,507 per sq ftVERDANA 3 Residence, 379 sq ft
Sep 2026AED 510,712AED 1,348 per sq ftVERDANA 3 Residence, 379 sq ft
Sep 2026AED 314,295AED 830 per sq ftVERDANA 3 Residence, 379 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 Investment Park First 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
Studio apartmentFrom AED 451,472 here
Off-plan medianAED 386,000AED 1,038 per sq ft
Sales332
15% above 341 similar sales
1-bed apartment
Off-plan medianAED 812,000AED 1,143 per sq ft
Sales439
2-bed apartment
Off-plan medianAED 1,165,000AED 1,033 per sq ft
Sales347
3-bed apartment
Off-plan medianAED 1,349,000AED 869 per sq ft
Sales56
4-bed apartment
Off-plan medianToo few sales for a median
Sales18
5-bed apartment
Off-plan medianToo few sales for a median
Sales0
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%
Median rent of studio apartments in Dubai Investment Park First
AED 36,000 a year
Rent contracts counted
333
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 36,000 a year
1-bed apartment
AED 65,000 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 170,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 36,000 ÷ AED 451,472 = 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.
On your doorstep
Expo 2020 Metro Station3.5 km, 12 min driveMetro station
Greenfield International School850 m, 14 min walkSchool
Arcadia Global School6.1 km, 16 min driveBritish school
Verdana Phase 3 is a Reportage Properties project in Dubai Investment Park (DIP) with apartments and townhouses from AED 451,472 and a listed handover of December 2027. The from price is about 15% above 341 similar studio sales in Dubai Investment Park First (12 months to October 2026), and 80% of the price falls at handover.
The from price is about 15% above 341 similar studio sales in Dubai Investment Park First (12 months to October 2026). Ask which unit the from price applies to before you book.
The listing gives two steps: 20% during construction and 80% at handover. At the from price that is about AED 90,300 during construction and AED 361,200 at handover. It shows no booking payment, so ask what you pay to reserve a unit and when the 20% construction payment falls due. Separately, the 4% DLD fee comes to about AED 18,060 at the from price; ask when it is due. The listed handover is December 2027, about 13 months from now.
The listing covers studio to five-bedroom homes from 378 to 4,455 sq ft, in apartments and townhouses. The developer describes studio, one and two-bedroom apartments and two to five-bedroom townhouses, so ask for the floor plan of the type you want. The townhouses have balconies and terraces, double-glazed windows and built-in wardrobes, and the developer says select townhouses have internal elevators. Each unit has private parking, and residents share a swimming pool, a kids' pool, a gym and a clubhouse.
Al Tadawi Medical Center is about 850 m away and Greenfield International School about 870 m. Expo 2020 Metro Station is about 3.5 km away, around 12 minutes by car by our estimate. Arcadia Global School is about 6.1 km away. Jumeirah Lakes Towers is around 22 minutes by car. The listing does not state the ownership type, so confirm the ownership terms with the developer.
