The project
About Velu
Velu is a newly listed Arjan project from Asak Real Estate Development, with details still being released.
Planned amenities include an indoor pool, gym and children's play space.
At a glance
Velu key facts
- Developer
- Asak Real Estate Development
- Community
- Arjan
- Status
- Announced
- Handover
- To be confirmed
- Starting price
- On request
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Velu
- 01
Shortlist and reserve
Choose a unit type and view at Velu and secure it with the booking deposit.
- 02
Sign the SPA
Asak Real Estate Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion, the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- New Arjan residence with studios to two-bedroom homes
- Indoor pool and gymnasium
- Dedicated children's play area
What to weigh
- Pricing and payment plan not yet released
- Published delivery date coincides with sales start, so handover is withheld
FAQ
Velu — frequently asked questions
What is the starting price of Velu?
Pricing for Velu has not been publicly published. Contact MRK Real Estate for the current price list.
When is the handover of Velu?
A handover date for Velu has not been publicly confirmed.
Who is the developer of Velu?
Velu is developed by Asak Real Estate Development in Arjan, Dubai.
What unit types are available at Velu?
Velu offers Studio, 1 Bedroom, 2 Bedroom.
Where is Velu located?
Velu is in Arjan, Dubai.
Can foreigners buy at Velu?
Yes. Arjan is a freehold area, so buyers of any nationality can own property at Velu outright.
How do I buy or sell at Velu?
MRK Real Estate advises on primary purchases and resales at Velu. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Asak Real Estate Development before any transaction.
