Asset Homez

Starting Price
AED 1.8M
Developer
ATARA Development
Project Type
Apartments, Penthouse
Layout
1 br, 2 br & 4 br
Project Area
857 – 3,402 sq ft
Handover Date
Q1 2029
Payment Plan
5/32/63
Location
Dubai Islands

Key Details

Velora Residence Key Facts

  • Developer: ATARA Development
  • Location: Dubai Islands, Deira, Dubai
  • Status: New launch – EOI AED 37,000, launch date to be announced
  • Units: 58 residences (G + 2 podiums + 8 residential floors + rooftop)
  • Unit types: 1 & 2-bedroom apartments, 4-bedroom penthouses
  • Sizes: 857 – 3,402 sq ft
  • Starting price: From AED 1,800,000
  • Payment plan: 5% on booking, 32% during construction, 63% on handover
  • Handover: Q1 2029
  • Finishing: Fully furnished
  • Service charge: Estimated AED 18 per sq ft
  • Ownership: Freehold

Payment Plan Breakdown View Payment Plan

5%

Down Payment

On Booking Date

32%

During Construction

Easy Installments

63%

On Handover

Upon Completion

Amenities & Facilities

Swimming Pool
Gym / Fitness Center
Spa & Wellness
Sauna & Steam Room
Yoga & Meditation Studio
Multi Purpose Lounge
Rooftop Terrace
Kids Play Area
BBQ Area
Cinema Room
Co-Working Space

Floor Plans View Floor Plans

Apartments

1 Bedroom Apartment

Area / Size: 857 – 1,080 sq ft
Starting Price: From AED 1,800,000

Layout Available on Request

Request floor plan layout and dimensions for this unit.

Request Layout Plan

2 Bedroom Apartment

Area / Size: 1,128 – 1,860 sq ft
Starting Price: From AED 2,300,000

Layout Available on Request

Request floor plan layout and dimensions for this unit.

Request Layout Plan

4 Bedroom Penthouse

Area / Size: 2,915 – 3,402 sq ft
Starting Price: On Request

Layout Available on Request

Request floor plan layout and dimensions for this unit.

Request Layout Plan

Location & Directions View Location

Nearby Connectivity

  • Waterfront Market 5 min
  • Gold Souq & Deira Historic District 10 min
  • Dubai International Airport (DXB) 12 min
  • DIFC 24 min
  • Downtown Dubai 24 min
  • Dubai Islands Beaches & Marina On the island

Master Plan View Masterplan

Master Plan

Project Description

Velora Residence is a boutique new launch by ATARA Development on Dubai Islands, the waterfront island district off the Deira coast. The mid-rise building rises over a ground floor, two podium levels, eight residential floors and a rooftop, with just 58 fully furnished homes made up of one- and two-bedroom apartments and four-bedroom penthouses. Its contemporary design in light neutral tones uses rounded corners, wide glass facades and deep open balconies to frame sea and island views on one of Dubai’s last beachfront islands.

One-bedroom apartments measure 857 to 1,080 sq ft, two-bedroom apartments 1,128 to 1,860 sq ft and the four-bedroom penthouses 2,915 to 3,402 sq ft. Every residence is handed over fully furnished. The rooftop holds a swimming pool, an outdoor cinema, a barbecue area and play areas for children and adults, while the podium adds a yoga area and Zen garden. Residents also get indoor and outdoor gyms, a recovery spa with treatment room, sauna and steam room, a kids’ club and a work lounge.

Prices start from AED 1.8 million for a one-bedroom and AED 2.3 million for a two-bedroom, with penthouses on request. The payment plan asks for 5% on booking, 32% during construction and 63% on handover, expected in Q1 2029, and resale is allowed after 30% is paid. An expression of interest of AED 37,000 secures priority access before the official launch. Waterfront Market is five minutes away, Dubai International Airport twelve minutes and DIFC and Downtown Dubai about 24 minutes. For buyers comparing island launches such as Meriva Shores, Velora offers a smaller, fully furnished alternative worth registering for early.

FAQ

Velora Residence is a boutique building of 58 fully furnished apartments and penthouses by ATARA Development on Dubai Islands, Dubai.

One-bedroom apartments start from AED 1,800,000 and two-bedroom apartments from AED 2,300,000. Four-bedroom penthouse prices are available on request.

The building offers 1-bedroom apartments of 857 to 1,080 sq ft, 2-bedroom apartments of 1,128 to 1,860 sq ft and 4-bedroom penthouses of 2,915 to 3,402 sq ft.

Buyers pay 5% on booking, 32% during construction and 63% on handover.

Handover is planned for Q1 2029.

Yes. Every residence at Velora Residence is delivered fully furnished.

Amenities include a rooftop pool, rooftop outdoor cinema, BBQ area, kids and adults play areas, kids club, indoor and outdoor gyms, a recovery spa, a podium yoga area and Zen garden, and a work lounge.

An expression of interest of AED 37,000 secures priority access before the official launch. Contact Asset Homez to register.

The current status of Velora Residence at Dubai Islands, Dubai by ATARA Development is Pre-launch.

Properties in Velora Residence at Dubai Islands, Dubai by ATARA Development are offered on a Freehold basis.

Register Your Interest

Get in touch with our experts
×

Download Brochure & Pricing

Register your interest to get instant access to the official brochure, floor plans, and pricing list.

Get the 2026 Dubai investment guide

Yields, hotspot communities and off-plan payment plans, distilled into one practical PDF. Drop your details and we’ll send it over.