DUBAIPROJECT FINDER
Velora Residence, Dubai Islands

From

$490K

Handover

2029

Bedrooms

1–4 bed

Payment plan

37 / 63

In Dubai Islands, Atara Development is selling apartment, penthouse (1–4 bed) at Velora Residence.

The lowest published price is $490K (AED 1.8M). Keys are due in 2029.

  • 58 residences in a G+8 building
  • Freehold ownership on Dubai Islands
  • Fully furnished one- and two-bedroom apartments
  • Four-bedroom penthouses listed
  • Starting price of AED 1.8 million
  • 37/63 payment plan
Velora Residence

Photos: developer's project page.

Adviser's note

About Velora Residence

According to the VILA listing, completion of Velora Residence is scheduled for the first quarter of 2029. This off-plan project by Atara Development on Dubai Islands comprises 58 residences across a ground floor and eight floors. Ownership is freehold. Fully furnished one-bedroom apartments measure 857–1,080 sq ft, and two-bedroom apartments measure 1,128–1,860 sq ft. Four-bedroom penthouses are also listed. The starting price is AED 1.8 million, and the developer lists a 37/63 payment plan. Prices and payment terms per unit are yet to be confirmed.

The combination of 58 residences, furnished apartments, and varied shared amenities defines the development. The rooftop features a pool, dining and barbecue areas, and an outdoor cinema. Other amenities include indoor and outdoor gyms, a yoga space, a spa, a kids' club, and a work lounge. Consequently, the project makes the most sense for buyers seeking a furnished apartment who want fitness, work, and relaxation spaces in the same building.

Written by our team from the developer's published information (atara.ae), checked 10 November 2026.

Units

Property types and prices

Apartment

1 bedroom

From $490K · AED 1.8M

Apartment

2 bedrooms

Price on request

Apartment

4 bedrooms

Price on request

Published unit sizes: 857 to 2,915 sq ft.

The facts

Key details

Developer
Atara Development
Location
Dubai Islands
Unit types
Apartment, Penthouse
Bedrooms
1–4 bed
Starting price
$490K · AED 1.8M
Handover
2029
Unit sizes
857 to 2,915 sq ft
Total units
58

From the developer

Project description

Velora Residence is a 58-residence, freehold development by Atara Development on Dubai Islands. Its design concept, called The Curated Pause, draws on water, air, light and wood. The developer identifies the building as ground plus eight floors, while the architectural description emphasizes clean lines, bright interiors and connections between indoor and outdoor spaces. The developer’s featured collection consists of fully furnished one-bedroom apartments measuring 857–1,080 sq. ft. and two-bedroom apartments measuring 1,128–1,860 sq. ft. The VILA listing also includes four-bedroom penthouses and gives an overall size range of 857 to 2,915 sq ft. Balconies extend the living spaces, and Atara manages the project's interior specification. Shared arrival spaces include a lobby with concierge reception and a lounge with indoor trees and curved seating. Rooftop facilities include a swimming pool, outdoor dining and barbecue areas, landscaped terraces, a sunset lounge, games spaces and an outdoor cinema. Wellness and everyday facilities include indoor and outdoor gyms, a zen garden, yoga space, a spa and treatment room, a recovery circuit, a kids club and a work lounge. The project sits within Nakheel’s Dubai Islands master plan, with Atara responsible for the individual development. The page lists Jumeirah Road at 5 minutes, Downtown Dubai at 15 minutes and DXB Airport at 20 minutes. Prices start at AED 1.8 million, the developer displays a 37/63 payment plan, and VILA lists handover for Q1 2029; individual pricing and payment terms are subject to confirmation.

Text summarised from atara.ae (original English).

Payments

Payment plan

37%
63%
  1. Stage 1

    37%

    On booking / construction

  2. Stage 2

    63%

    On handover

As published: 37/63

On site

Features and amenities

  • Lobby with concierge reception
  • Arrival lounge
  • Rooftop pool
  • Outdoor dining terrace
  • Outdoor kitchen
  • Barbecue area
  • Landscaped terrace
  • Zen garden
  • Yoga area
  • Sunset lounge
  • Games terrace
  • Outdoor cinema
  • Adults play area
  • Kids play area
  • Indoor gym
  • Outdoor gym
  • Kids club
  • Spa and treatment room
  • Recovery circuit
  • Work lounge
  • Property management services

As listed by the developer (original English).

Location

Dubai Islands

  • Jumeirah Road – 5 min
  • Downtown Dubai – 15 min
  • DXB Airport – 20 min

Map pin is approximate, based on the project name and community.

Also launching in Dubai Islands: Bay Estate, Sea Cliff, Sunset Bay Grand, Wynwood, Sunset Bay 4, Sunset Bay 3.

Investment perspective

Points in favour, points to check

In favour

  • · Only 37% is due in the first stage of the published plan.
  • · The developer publishes concrete distances, e.g. Jumeirah Road – 5 min.

To check

  • · Compare the $490K entry price with resale prices in Dubai Islands.
  • · Handover in 2029 means capital is tied up until then.
  • · 6 other launches in Dubai Islands compete for the same buyers and tenants.
  • · Check the service-charge estimate and the developer's delivery record.

We don't quote rental yields or expected returns for off-plan projects.

Before you commit

What we don't know yet

The main commercial details have been published by the source.

  • · Off-plan handover dates can slip; check the completion clause in the sale agreement.
  • · Pay only into the project's escrow account and check its registration with the Dubai Land Department.
  • · Prices here are the published entry level, not a quote for a specific unit.

Questions

Velora Residence: common questions

What does Velora Residence cost?+

The lowest price published by the source was $490K (AED 1.8M) on 10 November 2026. Releases are repriced often, so ask for the current list.

When is handover?+

The developer plans handover in 2029. Off-plan completion dates can move; the sale agreement sets the binding date.

What is the payment plan?+

37/63.

Where is it?+

Dubai Islands, Dubai. Nearby, according to the developer: Jumeirah Road – 5 min; Downtown Dubai – 15 min; DXB Airport – 20 min.

Can foreigners buy here?+

Non-residents can buy in Dubai's freehold areas. Confirm that Dubai Islands is freehold and that the project is registered with the Dubai Land Department before paying a deposit.

Source: atara.ae · checked 10 November 2026. Prices and availability change.

Request details