Velora Residence
A boutique G+8 building of 58 fully furnished waterfront homes on Island A of Dubai Islands, unveiled by Atara Development in late October 2026.
- Starting price
- On request
- Handover
- To be confirmed
- Unit types
- 0 types
- Developer
- Atara Development
The project
About Velora Residence
Velora Residence is a compact eight-storey address on Island A of Dubai Islands, where Atara Development has chosen an intimate scale of just 58 residences so each home can receive close attention to detail.
Every residence is delivered fully furnished, and the building sits between the island's waterfront and its boulevard, pairing coastal calm with easy movement around the new district.
The launch extends Atara's island-focused portfolio, which already spans Pearl Jumeirah, La Mer South and Al Marjan Island.
At a glance
Velora Residence key facts
- Developer
- Atara Development
- Community
- Dubai Islands
- Status
- Launched
- Launched
- October 2026
- Handover
- To be confirmed
- Starting price
- On request
- Unit types
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Velora Residence
- 01
Shortlist and reserve
Choose a unit type and view at Velora Residence and secure it with the booking deposit.
- 02
Sign the SPA
Atara 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
- Only 58 residences in a G+8 boutique building
- Homes delivered fully furnished
- Island A location close to the Dubai Islands waterfront and boulevard
What to weigh
- Completion date and payment plan were not published in the launch coverage we reviewed.
- A portal lists a starting figure near AED 1.8 million, but it is not confirmed by the developer, so it is omitted here.
- Sources differ on how long Atara has been active as a primary developer.
FAQ
Velora Residence — frequently asked questions
What is the starting price of Velora Residence?
Pricing for Velora Residence has not been publicly published. Contact MRK Real Estate for the current price list.
When is the handover of Velora Residence?
A handover date for Velora Residence has not been publicly confirmed.
Who is the developer of Velora Residence?
Velora Residence is developed by Atara Development in Dubai Islands, Dubai.
What unit types are available at Velora Residence?
Velora Residence offers .
Where is Velora Residence located?
Velora Residence is in Dubai Islands, Dubai.
Can foreigners buy at Velora Residence?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at Velora Residence outright.
How do I buy or sell at Velora Residence?
MRK Real Estate advises on primary purchases and resales at Velora Residence. 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 Atara Development before any transaction.
