Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Verdania 1

Under constructionDubai Land Residence ComplexCompletion on file Mar 2027

208 homes on the DLD register in Wadi Al Safa 5, filed by OBJ1 Real Estate Development L.L.C. 173 sales have been registered against it between 26 Jun 2025 and 23 Sep 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 18 Jun 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityOBJ1 Real Estate Development L.L.C
Area (DLD)Wadi Al Safa 5
StatusUnder construction
Homes208
Registered sales173
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityOBJ1 Real Estate Development L.L.C
Area (DLD)Wadi Al Safa 5
Master communityDubai Land Residence Complex
Project statusUnder construction
Construction progress16.67% complete (DLD inspection, 18 Jun 2026)
Homes registered208
Buildings1
Registered start25 Mar 2025
Registered completion date30 Mar 2027
DLD project number3543
Description as recorded by DLD

2B+G+11+R Residential Building

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

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account19438427

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “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. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Mar 2027.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

173 sales were registered against Verdania 1 between 26 Jun 2025 and 23 Sep 2026 — a span of 15 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
1,385
Across 122 apartment and villa sales since 28 Apr 2025
Median price
AED 713k
Median size 490 sqft
Registered sales
173
26 Jun 2025 to 23 Sep 2026
Vs area median
-8.5%
Wadi Al Safa 5: 1,513 AED/sqft, 3,923 sales, off-plan only, 12 months to 5 Oct 2026

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 5 Oct 2026). The area figure covers off-plan only in Wadi Al Safa 5 over the 12 months to 5 Oct 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 and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. 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
1,411Q3 2025n=461,459Q4 2025n=331,257Q1 2026n=10664Q2 2026n=261,236Q3 2026n=7

Q3 2025 median 1,411 AED/sqft over 46 sales; Q2 2026 median 664 AED/sqft over 26 sales — a change of -52.9% between those two quarters. Unit mix, floor level and view are not controlled for, so this is not a like-for-like comparison of the same unit.

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio72481 sqft1,439
1 bedroom30792 sqft1,247
2 bedrooms201,357 sqft1,052

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion1221,385
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
VERDANA 192
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
28 Aug 2026Off-planStudio481 sqftAED 701,6411,458
28 Aug 2026Off-planStudio481 sqftAED 694,7081,444
28 Aug 2026Off-plan2 bedrooms1,365 sqftAED 1,539,8701,128
28 Aug 2026Off-plan2 bedrooms1,348 sqftAED 1,640,2441,217
28 Jul 2026Off-plan2 bedrooms1,365 sqftAED 1,687,0641,236
9 Jul 2026Off-planStudio488 sqftAED 757,5671,552
2 Jul 2026Off-plan2 bedrooms1,365 sqftAED 1,657,2481,214
24 Jun 2026Off-plan2 bedrooms1,348 sqftAED 1,418,4241,052
17 Jun 2026Off-plan2 bedrooms1,348 sqftAED 1,754,3181,301
17 Jun 2026Off-plan1 bedroom791 sqftAED 829,5841,049
5 Jun 2026Off-plan2 bedrooms1,365 sqftAED 1,596,3611,169
3 Jun 2026Off-plan2 bedrooms1,348 sqftAED 1,667,1331,237

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 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
665
Across 35 registered sales to 2 Oct 2026
Registered sales, all time
173
26 Jun 2025 to 23 Sep 2026
The latest 25 of 173 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
23 Sep 2026Flat2 B/R1,3481,591,4701,181
22 Sep 2026Flat2 B/R1,3481,256,318932
28 Aug 2026Flat2 B/R1,3651,539,8701,128
28 Aug 2026FlatStudio481701,6411,458
28 Aug 2026Flat2 B/R1,3481,640,2441,217
28 Aug 2026FlatStudio481694,7081,444
29 Jul 2026Flat2 B/R1,3651,687,0641,236
10 Jul 2026FlatStudio488757,5671,552
2 Jul 2026Flat2 B/R1,3651,657,2481,214
24 Jun 2026Flat2 B/R1,3481,418,4241,052
17 Jun 2026Flat2 B/R1,3481,754,3181,301
17 Jun 2026Flat1 B/R791829,5841,049
5 Jun 2026Flat2 B/R1,3651,596,3611,169
4 Jun 2026Flat2 B/R1,3481,667,1331,237
4 Jun 2026Flat1 B/R7911,224,4581,549
22 May 2026Flat1 B/R787826,1931,050
15 May 2026Flat1 B/R791523,466662
15 May 2026Flat2 B/R1,348895,022664
15 May 2026Flat2 B/R1,348895,022664
15 May 2026Flat2 B/R1,365905,722663
15 May 2026Flat1 B/R787521,326662
15 May 2026Flat1 B/R787521,326662
15 May 2026Flat1 B/R792526,315664
15 May 2026Flat2 B/R1,348895,022664
15 May 2026Flat1 B/R791523,466662

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest landmarkIMG World Adventures

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT VERDANIA 1

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    208 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    173 registered sales

    Prices already paid, registered between 26 Jun 2025 and 23 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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