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Overview
Atara Development | Dubai Islands
Move In, Unpack Nothing: Furnished Island Living
Velora Residence by Atara Development is a boutique residential building on Dubai Islands, now in its marketing launch phase. Set across ground plus eight floors, the low-rise development holds just 58 residences, a deliberately limited collection within one of Dubai’s newest waterfront destinations.
The collection comprises one and two-bedroom apartments, with sizes from 857 square feet. Every residence is delivered fully furnished, and the development is freehold for buyers of all nationalities.
With launch pricing from AED 1.8 million, Velora Residence offers a considered, smaller-scale entry point into the Dubai Islands market, where the emphasis is on thoughtful design, island living and manageable community scale.
Project Highlights
A Boutique Collection on Dubai Islands
Developer
Atara Development
Location
Dubai Islands
Total Residences
58 Homes
Apartment Types
1 & 2 Bedroom
Delivery
Fully Furnished
Launch Price
From AED 1.8M
Residences
Fully Furnished One and Two-Bedroom Apartments
Velora Residence presents a focused collection of one and two-bedroom apartments, arranged across ground plus eight floors on Dubai Islands. The low-rise format keeps the community intimate, with only 58 residences across the entire building.
Residences start from 857 square feet, and every home is delivered fully furnished, a practical proposition for end users seeking a move-in-ready island address and for investors targeting the short-stay and long-term rental market.
One-Bedroom Apartments
Fully furnished one-bedroom homes from 857 square feet, with launch pricing from AED 1.8 million.
Two-Bedroom Apartments
Fully furnished two-bedroom residences, sized for couples, small families and rental demand.
Freehold for All Nationalities
The development is freehold and open to buyers of all nationalities, in line with Dubai Islands regulations.
Amenities and Lifestyle
Island Living on Dubai Islands
Velora Residence draws its lifestyle from the wider Dubai Islands masterplan, a waterfront destination reshaping Dubai’s northern coastline with beaches, marinas, golf, retail and dining. Building-level amenities for the project had not been separately published at the time of the marketing launch.
Location and Connectivity
Velora Residence at Dubai Islands, Dubai
Velora Residence is located on Dubai Islands, the five-island waterfront destination on Dubai’s northern coastline, within reach of Deira’s commercial districts and the airport. The islands are planned as a self-contained coastal community of beaches, marinas, hotels, retail and green space.
From the islands, the city centre is a straightforward drive, and the area’s bridges and causeways connect directly into the Emirates Road network, keeping Downtown Dubai, Business Bay and Dubai International Airport within comfortable reach.
Community
Dubai Islands
Building Height
Ground + 8 Floors
Ownership
Freehold
Floor Plan
Velora Residence Floor Plans and Home Types
The Velora Residence collection comprises one and two-bedroom apartments, with sizes starting from 857 square feet. The fully furnished specification means buyers take delivery of a complete, move-in-ready home.
Detailed floor plans, finish specifications and the breakdown of unit mixes by floor had not been published at the time of the marketing launch. Buyers should confirm layouts and furnishing packages in the developer’s official sales documentation.
Master Plan
A Boutique Building on Dubai Islands
Velora Residence is a ground-plus-eight-floor building of 58 homes, a boutique format within a destination otherwise defined by larger towers. Atara Development, the developer, also holds island projects including Sheraton-branded residences on Al Marjan Island, alongside its villa collection on Pearl Jumeirah.
The smaller scale of the building gives it a quieter residential character than its larger neighbours, with the full waterfront infrastructure of Dubai Islands, beaches, marinas, retail and dining, forming the shared backdrop to daily life.
Pricing and Payment Plan
Velora Residence Price and Payment Plan
At the time of the sales launch, units at Velora Residence were priced from AED 1.8 million. Final pricing will depend on the residence type, size, floor and position within the building.
Launch Price
From AED 1.8M
Payment Plan
To Be Announced
Expected Handover
To Be Announced
The detailed payment plan and handover schedule had not been announced at the time of the marketing launch. Buyers should confirm the booking amount, instalment schedule and completion date directly with Atara Development or the appointed sales representatives.
Investment Perspective
Why Consider Velora Residence at Dubai Islands?
Velora Residence pairs a fully furnished specification with a launch price from AED 1.8 million, a combination that suits both end users seeking an island home without fit-out costs and investors targeting Dubai’s active waterfront rental market.
The building’s limited scale, just 58 residences, differentiates it within a market of large towers, while the Dubai Islands destination continues to mature as beaches, marinas and retail complete around the islands.
Potential buyers should evaluate the final unit specifications, service charges, payment schedule and contractual delivery terms before making an investment decision. Future rental demand and capital appreciation are not guaranteed.
Frequently Asked Questions
Velora Residence FAQs
Where is Velora Residence located?
Velora Residence is located on Dubai Islands, the five-island waterfront destination on Dubai’s northern coastline, within reach of Deira and Dubai International Airport.
Who is the developer of Velora Residence?
The project is developed by Atara Development, a Dubai developer whose portfolio includes island projects such as Sheraton-branded residences on Al Marjan Island and a villa collection on Pearl Jumeirah.
What unit types are available at Velora Residence?
The building holds 58 residences across ground plus eight floors: one and two-bedroom apartments, each delivered fully furnished, with sizes from 857 square feet.
Is Velora Residence by Atara the same as Emaar’s Velora?
No. Velora Residence by Atara Development is an apartment building on Dubai Islands, launched in 2026. Emaar’s Velora is a separate, earlier townhouse project at The Valley, launched in 2024. Buyers should check project names and locations carefully in all documentation.
What is the starting price of Velora Residence?
At the time of the sales launch, units were priced from AED 1.8 million, with final pricing dependent on residence type, size, floor and position.
What is the Velora Residence payment plan?
The detailed payment plan had not been announced at the time of the marketing launch. Buyers should confirm the booking amount and instalment schedule with the developer.
When is the Velora Residence handover?
The handover date had not been announced at the time of the marketing launch. Construction programme details should be confirmed in the official sales documentation.
Are the apartments at Velora Residence furnished?
Yes. All 58 residences at Velora Residence are delivered fully furnished, making the building suitable for both end users and rental investors.
Is Velora Residence a good investment opportunity in Dubai?
A fully furnished specification, a boutique 58-unit scale and a waterfront island address may appeal to buyers seeking accessible off-plan property on Dubai Islands. Investment suitability depends on the final purchase price, service charges, payment terms and individual financial objectives.
Details
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Bedrooms:2
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Price:AED 2M
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