Verdania 1: off-plan project in Dubai Land Residence Complex
Verdania 1 is an off-plan residential apartment project in Dubai Land Residence Complex, registered with the Dubai Land Department as project no. 3543 and developed by Obj1 Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 79 off-plan sales were registered there at a median price of AED 749,517 (AED 1,308 per sq ft); 80% of sales fall between AED 530,878 and AED 1,605,138.
- 79off-plan sales in 12 months
- AED 749,517median sale price
- AED 1,308median price per sq ft
- 3%construction progress (DLD)
- March 2027end date in the register
- 208registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,308 per sq ft, Verdania 1 is 13.3% below the median of off-plan sales across the 58 projects tracked in Dubai Land Residence Complex (AED 1,508 per sq ft), and 26% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 79 off-plan sales in 12 months, about 7 a month; number 25 by sales in Dubai Land Residence Complex over the period.
- Construction: 3% complete in the DLD register, construction is at an early stage; planned end March 2027.
- Profile: the best-selling type (apartment · studio) makes up 41.8% of sales, alongside 2 other types.
Verdania 1: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3543 |
| Registered developer | Obj1 Real Estate Development L.L.C (developer no. 1894) |
| Master developer | Dubai Land Residences (L.L.C) |
| Community (master project) | Dubai Land Residence Complex |
| DLD area | Wadi Al Safa 5 |
| Register status | active |
| Construction progress | 3% |
| Project start | March 25, 2025 |
| Planned end | March 30, 2027 |
| Registered units | 208 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Verdania 1 off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 709,273.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 33 | AED 709,273 | 643,628 – 748,316 | 45 m² (484 sq ft) | AED 1,482 |
| Apartment · 1 bedroom | 23 | AED 829,584 | 523,466 – 1,130,568 | 74 m² (797 sq ft) | AED 1,050 |
| Apartment · 2 bedrooms | 23 | AED 1,421,711 | 895,022 – 1,696,548 | 125 m² (1,345 sq ft) | AED 1,052 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · Studio: 41.8% of off-plan sales, with a median size of 45 m² (43 to 46 m² for 80% of them).
- Apartment · Studio: 41.8% (33 sales)
- Apartment · 2 bedrooms: 29.1% (23 sales)
- Apartment · 1 bedroom: 29.1% (23 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Verdania 1 off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,411 in Q3 2025 to AED 1,217 in Q3 2026 (-13.8%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q3 2025 | 80 | AED 1,411 | — |
| Q4 2025 | 46 | AED 1,453 | +3% |
| Q1 2026 | 10 | AED 1,257 | -13.5% |
| Q2 2026 | 26 | AED 664 | -47.2% |
| Q3 2026 | 9 | AED 1,217 | +83.2% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Dubai Land Residence Complex
To gauge the rental market around Verdania 1: annual rents of Ejari contracts registered in Dubai Land Residence Complex over the last 12 months (7,706 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,994 | AED 38,000 | 34,000 – 42,000 |
| Apartment · 1 bedroom | 3,603 | AED 51,000 | 46,014 – 57,000 |
| Apartment · 2 bedrooms | 1,961 | AED 65,000 | 58,800 – 75,000 |
| Apartment · 3 bedrooms | 147 | AED 91,000 | 86,000 – 105,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Verdania 1?
Verdania 1 is in Dubai Land Residence Complex (DLD area Wadi Al Safa 5), Dubai.
- Nearest landmark: IMG World Adventures
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Dubai Land Residence Complex
- All DLD sales at Verdania 1 (new and resale)
- Dubai Land Residence Complex property prices
- Dubai Land Residence Complex rents
- All Obj1 Real Estate Development L.L.C projects
Other off-plan projects in Dubai Land Residence Complex
- Samana Boulevard Heights — AED 1,622/sq ft
- Kensington Gardens — AED 1,340/sq ft
- Cove Grand Residence by Imtiaz — AED 1,556/sq ft
- Le Blanc Residence by Imtiaz — AED 1,655/sq ft
- Peace Lagoons II by Peace Homes — AED 1,598/sq ft
- Cybele By Wadan — AED 1,432/sq ft
- Seraph by Wadan — AED 1,274/sq ft
- Reef 998 — AED 1,546/sq ft
More projects by Obj1 Real Estate Development L.L.C
Same budget elsewhere in Dubai (around AED 749,517)
- Raw District by Imtiaz R, Downtown Jebel Ali — AED 748,497
- Raw District 2 by Imtiaz, Downtown Jebel Ali — AED 748,242
- One Beverly, Arjan — AED 750,000
- Azha Millennium Residences, Jumeirah Village Triangle — AED 744,795
- 10 OXFORD by IMAN, Jumeirah Village Circle — AED 750,000
- House of Well, Palm Deira — AED 741,850
Projects presented by Cevitas
Frequently asked questions
How much does a home at Verdania 1 cost?
Over the last 12 months, the 79 off-plan sales registered with the DLD show a median price of AED 749,517, or AED 1,308 per sq ft; 80% fall between AED 530,878 and AED 1,605,138. The developer's current prices are on its price list.
When will Verdania 1 be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 3% complete, with a planned end date of March 30, 2027. The handover date is confirmed by the developer.
Who is the developer of Verdania 1?
The DLD register lists Obj1 Real Estate Development L.L.C (developer no. 1894), in a community developed by Dubai Land Residences (L.L.C).
What unit types are sold at Verdania 1?
Off-plan sales over the last 12 months cover: apartment · studio (33), apartment · 2 bedrooms (23), apartment · 1 bedroom (23). Best-selling type: apartment · studio, at a median AED 709,273 for 45 m².
Has the price per sq ft at Verdania 1 changed?
The median off-plan price moved from AED 1,411 per sq ft in Q3 2025 to AED 1,217 in Q3 2026, based on DLD-registered sales.
How do I get the Verdania 1 price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.