ATARA Velora Residence NEW LAUNCH
Launch price AED 1.8M*
*Prices, availability, and purchase conditions may change frequently. Contact SKID on WhatsApp for the latest verified unit availability and pricing.
Developer
Key information
- Delivery date
- Mar 2029
- Location
- Dubai, Dubai Islands, ATARA Velora Residence NEW LAUNCH
- Payment plan
- 5/32/63
- Property types
- Apartment
- Bedrooms
- 1 BR
- Government fee
- 4%
- Ownership type
- Freehold
- Starting price / sq.ft
- AED 2,100 / sq.ft
- Unit sizes
- 857 – 1,128 sq.ft (80 – 105 sq.m)
- SKID score
- 7.3 / 10 (Worth comparing)
Similar projects like this
Payment plan
5%
Down payment
AED 90K
At sales launch
32%
During construction
AED 576K
Construction milestones
63%
On handover
AED 1.13M
Mar 2029
Published milestone schedule · Payment Plan
Project timeline
Project announcement
ATARA Development official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Mar 2029
About the project
Worth comparing.
The evidenced factors are mixed.
Velora Residence is a residential development by Atara Development located on Dubai Islands. The architecture features a contemporary mid-rise building in light neutral tones, characterized by smooth rounded corners, extensive glass facades, and deep open balconies. Velora Residence offers a boutique collection of fully furnished residences, including one- and two-bedroom apartments, and four-bedroom penthouses. The complex features a range of amenities, including a rooftop pool, indoor and outdoor gyms, a barbecue area, a rooftop outdoor cinema, kids and adults play areas, a yoga area, a spa, a kids club, and a work lounge. The location provides access to key destinations, being situated 5 minutes from the Waterfront Market, 10 minutes from the Gold Souq & Deira Historic District, 12 minutes from Dubai International Airport (DXB), and 24 minutes from Dubai International Financial Centre (DIFC) and Downtown Dubai. For sale: 1 BR - from 1 800 000 AED / 857 - 1 080 sq. ft. 2 BR - from 2 300 000 AED / 1 128 - 1 860 sq. ft. 4 BR Penthouse - 2 915 - 3 402 sq. ft. Payment plan: 37/63 EOI: 37 000 AED The launch date will be announced later
SKID tracks 81 competing off-plan launches in Dubai Islands. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.
Amenities
- BBQ
- Covered Gym
- Coworking Zone
- Kids’ Club
- Leisure Areas
- Lift
- Lobby
- Open-Air Gym
- Outdoor Cinema
- Outdoor Kids’ Play Area
- Rooftop Pool
- SPA
- Sauna
- Sitting Area
- Steam Room
- Treatment Room
- Yoga Area
- Zen Garden
Units
from developer1 BR
Floor plan not published by source857 sq.ft (80 sq.m) · AED 2,100 / sq.ft
From AED 1.8M
Floor plans & layouts
Published property types, bedroom configurations, and apartment sizes.
- 1 BedroomApartment857 sq.ft (80 sq.m)From AED 1.8M
Floor-plan drawings not yet published by developer
Request the latest developer brochure and unit floor plan sheets on WhatsApp.
Price comparison & DLD history
Asking price is 16.9% lower than comparable off-plan registrations (-AED 427/sq.ft.)
The developer asks AED 1,800,000 (~AED 2,100/sq.ft. for a published 857 sq.ft. starting unit), while comparable off-plan residential registrations in Dubai Islands sold for a median of AED 2,527/sq.ft. (AED 2,165,639 for the same size).
- Published asking price: AED 2,100 / sq.ft. — From AED 1.8M · 857 sq.ft.
- Historical nearby DLD sales: AED 2,527 / sq.ft. median across 1,012 recorded transactions (~AED 2.17M for an equivalent size)
- Price comparison vs. DLD median: -AED 427 / sq.ft. (-16.9%) (-AED 366K vs historical median) — published launch ask sits below nearby closed resale prices.
The asking rate is 16.9% (~AED 365,639) below recent comparable off-plan registrations in Dubai Islands. While a lower entry rate reduces your starting cost basis, it does not guarantee capital upside or an immediate financial advantage—final outcomes still depend on 4% registration fees, construction delivery, unit micro-location, and market demand at handover.
Recent sales nearby
AED 2.83M · Off-plan · Apartment
1,272 sq.ft · AED 2,223 / sq.ft · 2026-07-07
AED 2.66M · Off-plan · Apartment
1,585 sq.ft · AED 1,676 / sq.ft · 2026-07-07
AED 4.26M · Off-plan · Apartment
2,295 sq.ft · AED 1,858 / sq.ft · 2026-07-07
AED 3.23M · Off-plan · Apartment
1,568 sq.ft · AED 2,060 / sq.ft · 2026-07-07
AED 4.15M · Off-plan · Apartment
1,504 sq.ft · AED 2,760 / sq.ft · 2026-07-06
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Off-plan · Apartment | AED 2.83M | 1,272 | 2,223 |
| 2026-07-07 | Off-plan · Apartment | AED 2.66M | 1,585 | 1,676 |
| 2026-07-07 | Off-plan · Apartment | AED 4.26M | 2,295 | 1,858 |
| 2026-07-07 | Off-plan · Apartment | AED 3.23M | 1,568 | 2,060 |
| 2026-07-06 | Off-plan · Apartment | AED 4.15M | 1,504 | 2,760 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
8-Factor Evidence Breakdown
How this project checks out across location, pricing, developer track record, and payment terms.
- Location7.4 / 10
Waterfront or beach positioning
- Entry price9.0 / 10
Published starting price vs historical DLD closed sales median: 16.9% below historical DLD closed sales median per sq ft in this community
- DeveloperN/A
Not yet published in official records — excluded from overall score.
- Supply / competition3.6 / 10
Heavy competing supply: 81 other launches in Dubai Islands
- Payment plan8.8 / 10
63% of the price is due at or after handover, keeping strong buyer leverage until completion
- Delivery risk8.6 / 10
Handover sits in a typical 1–3 year off-plan window
- Exit liquidity4.5 / 10
88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)
- Service charges7.1 / 10
Service charge published at 18
Get an available quotation
Select a verified unit bucket to inspect published pricing and payment milestones.
AED 90K
At booking
AED 576K
Construction milestones
AED 1.13M
Handover Mar 2029
Key buyer takeaways & strengths / risks summary
Strong
- Published starting price vs historical DLD closed sales median: 16.9% below historical DLD closed sales median per sq ft in this community
- 63% of the price is due at or after handover, keeping strong buyer leverage until completion
- Handover sits in a typical 1–3 year off-plan window
Watch
- Waterfront or beach positioning
- Service charge published at 18
Risk
- Heavy competing supply: 81 other launches in Dubai Islands
- 88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)
Location
Dubai, Dubai Islands, ATARA Velora Residence NEW LAUNCH
Interactive map ready (1 verified location)
Living in Dubai Islands
Historical DLD Median
AED 2,527 / sq.ft
Historical DLD Sample
1012 closed sales
Ownership
Freehold
Frequently asked questions
Is ATARA Velora Residence NEW LAUNCH a good off-plan investment in Dubai Islands?
ATARA Velora Residence NEW LAUNCH in Dubai Islands (Dubai) scores 7.3/10 (compare) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: entry price. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Dubai Islands record a median of AED 2,527/sqft across 1012 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-04).
Who is building ATARA Velora Residence NEW LAUNCH?
ATARA Development is the developer named on this launch.
When is handover for ATARA Velora Residence NEW LAUNCH?
The published handover is Mar 2029.
What is the starting price of ATARA Velora Residence NEW LAUNCH?
The published starting price is AED 1.8M.
What does the SKID screen mean for ATARA Velora Residence NEW LAUNCH?
The SKID screen for this launch in Dubai Islands is 85 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.
ATARA Velora Residence NEW LAUNCH
From AED 1.8M · 7.3 / 10