2BR Apartment in Velora Residence, Dubai Islands
About this property
Velora Residence is a boutique waterfront development on Dubai Islands, offering a calm coastal setting with easy access to the city. The collection comprises just 58 fully furnished residences, from one- and two-bedroom homes to four-bedroom penthouses, with prices starting at AED 1.8 million. Contemporary design, open coastal views and a considered selection of shared spaces create an inviting island retreat. Residents can enjoy a rooftop pool, outdoor cinema, barbecue area, children’s club, indoor and outdoor gyms, yoga area, Zen garden, spa and work lounge. The surrounding island masterplan includes more than 20 km of beaches, a marina, parks and walking and cycling routes. Waterfront Market is five minutes away, Dubai International Airport is around 12 minutes away, and Downtown Dubai and DIFC are approximately 24 minutes away. Handover is scheduled for Q1 2029.
Amenities
Location & Lifestyle
Buy off-plan on Dubai Islands, Nakheel’s five-island waterfront destination, formerly known as Deira Islands and renamed in August 2022. The master plan covers 17 square kilometres, with more than 20 kilometres of beaches and over 80 planned resorts and hotels. Between 1 January and 7 October 2026, 3,309 homes were sold on Dubai Islands, almost all off-plan, at a median price of AED 2.86M or AED 2,809 per sq ft; one-bedroom apartments sold at a median of AED 2.40M and two-bedrooms at AED 3.54M. The first completed buildings are only now being let: 10 rent contracts were registered this year, at a median of AED 130,000 a year, which puts the early gross yield at about 3.5% before service charges. Source: Dubai Land Department open data (registered as Palm Deira), sales and Ejari rents 1 January to 7 October 2026, read on 7 October 2026; master-plan figures from Nakheel via Gulf News, 22 August 2022.
Schools nearby
- Deira International School (near)
- St. Mary’s Catholic High School (near)
Metro & transit
- Not directly connected (near Gold Souk (Green Line); ferry / road links)
Malls & retail
- Deira City Centre
- Souq Al Marfa
- Dubai Islands Mall (planned)
Healthcare
- Canadian Specialist Hospital
- Aster Hospital Deira
Landmarks
- Dubai Islands Beach
- Souq Al Marfa
- Dubai Gold Souk (near)
- Dubai Islands Marina
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