
Dubai Islands, Dubai
From
$490K
Handover
2029
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.

Photos: developer's project page.
Adviser's note
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
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
From the developer
Text summarised from atara.ae (original English).
Payments
Stage 1
37%
On booking / construction
Stage 2
63%
On handover
As published: 37/63
On site
As listed by the developer (original English).
Location
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
We don't quote rental yields or expected returns for off-plan projects.
Before you commit
The main commercial details have been published by the source.
Questions
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.
The developer plans handover in 2029. Off-plan completion dates can move; the sale agreement sets the binding date.
37/63.
Dubai Islands, Dubai. Nearby, according to the developer: Jumeirah Road – 5 min; Downtown Dubai – 15 min; DXB Airport – 20 min.
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.
Nearby or same developer