Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026

Dubai Land Department register

Vedaire Residences

Registered, not startedMeydan Racecourse CommunityCompletion on file Mar 2028

46 homes on the DLD register in Nad Al Shiba First, filed by ELTON REAL ESTATE DEVELOPMENT L.L.C. 13 sales have been registered against it between 28 Apr 2025 and 6 Aug 2026.

Construction completeRegistered, not started

As recorded by DLD's project register at 15 Jun 2026. An inspector's last visit, so it lags the site.

Developer entityELTON REAL ESTATE DEVELOPMENT L.L.C
Area (DLD)Nad Al Shiba First
StatusRegistered, not started
Homes46
Registered sales13
Project registry

WHAT DLD HAS ON RECORD

Registry as at 15 Jun 2026
Registered developer entityELTON REAL ESTATE DEVELOPMENT L.L.C
Area (DLD)Nad Al Shiba First
Master communityMeydan Racecourse Community
Project statusRegistered, not started
Construction progress0.00% complete
Homes registered46
Buildings1
Registered start15 Oct 2025
Registered completion date31 Mar 2028
DLD project number3599
Description as recorded by DLD

Residential Building (B+G+5)

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Source: Dubai Land Department project register, as recorded at 15 Jun 2026. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. DLD does not publish a cancelled status for projects. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at a different date from the transaction figures elsewhere on the page. Registered completion: Mar 2028.

Registered sales

WHAT HAS ACTUALLY BEEN PAID HERE

DLD register · as at 6 Aug 2026

13 sales were registered against Vedaire Residences between 1 Sep 2025 and 20 May 2026 — a span of 8 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,106
Across 13 registered sales
Median price
AED 2.01m
Median size 1,016 sqft
Registered sales
13
28 Apr 2025 to 6 Aug 2026
Vs area median
Nad Al Shiba First: 3,452 AED/sqft — this project's 13 sales are below the 20 we require before quoting a gap

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 6 Aug 2026). The area figure covers off-plan only in Nad Al Shiba First over the 12 months to 6 Aug 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level, view and use class are not controlled for on either side. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter

No quarter in the window reached 20 registered sales, which is the minimum we require before plotting a point or quoting a change. Drawing a line through thinner quarters would turn a handful of deals into a trend.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom6660 sqft2,238
2 bedrooms71,127 sqft2,035

A median is shown only where the band reached 5 registered sales and the project itself cleared the 10-sale floor; otherwise the count stands on its own and the median is left blank. Where a project is below that floor, a band median would be the project median under a different heading.

First sale vs resale
Registration typeSalesMedian AED/sqft
Off-plan (first sale from developer)132,106
Existing (resale)0

DLD splits registrations into off-plan and existing. The two are not directly comparable: an off-plan registration is a launch-price contract, an existing registration is a completed unit changing hands. Where both appear, the gap between them reflects that difference as much as any movement in value. A median is shown on each side only where the band reached 5 registered sales and the project itself cleared the 10-sale floor — below that floor the counts stand alone, because where every sale falls on one side its median is the project median restated.

Buildings in the register
BuildingSales
Vedaire Residences7
The last 12 registrations to 6 Aug 2026
DateTypeUnitSizePriceAED/sqft
20 May 2026Off-plan2 bedrooms1,106 sqftAED 2,250,0002,035
14 May 2026Off-plan1 bedroom665 sqftAED 1,490,0002,241
14 May 2026Off-plan1 bedroom656 sqftAED 1,465,0002,234
22 Apr 2026Off-plan1 bedroom634 sqftAED 1,440,0002,271
11 Feb 2026Off-plan1 bedroom871 sqftAED 1,675,0001,922
10 Feb 2026Off-plan1 bedroom871 sqftAED 1,675,0001,922
21 Jan 2026Off-plan2 bedrooms1,153 sqftAED 2,277,1751,975
15 Jan 2026Off-plan2 bedrooms1,016 sqftAED 2,006,6001,975
15 Jan 2026Off-plan2 bedrooms1,082 sqftAED 2,369,0002,189
9 Jan 2026Off-plan2 bedrooms1,211 sqftAED 2,550,0002,106
8 Jan 2026Off-plan2 bedrooms1,211 sqftAED 2,550,0002,106
9 Dec 2025Off-plan1 bedroom634 sqftAED 1,450,0002,287

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 10020,000. Figures are medians, not averages. The register we hold runs from 28 Apr 2025 to 6 Aug 2026; 28 Apr 2025 is the earliest date in our copy of the register, not the date this project started selling, so the counts above are of sales registered in that window rather than since launch. This page is a dated extract taken on 7 Aug 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Next step

ASK US ABOUT Vedaire Residences

This page is the public register. What it cannot tell you is what is available now, at what price, on what payment terms, and how the specific unit compares with the ones already registered. Tell us your budget and objective and we will come back with the current position.

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