Luz Ora Residences, Dubai Islands
Sixty Per Cent Built on Island A, With Handover Expected Q3 2027
Interest Free Post Handover Payments in a Fast Growing Dubai Community
Verdan1a 4 is an eco conscious, design led scheme by Object 1 in Dubai Land Residence Complex, running from studios through to 3.5 bedroom homes. Apartments come with fully fitted kitchens and smart home integration, and the building carries a rooftop pool deck, a clubhouse and landscaped terrace gardens. It sits minutes from the universities in Academic City and from the E66, which connects across the city. Completion is expected in June 2028.
The post handover plan is the reason to look at this one. You pay 20% up front, 1% a month through the build and 20% at handover, then clear the balance at 2% a month over the following 20 months, interest free. That means the unit is handed over, let and producing rent while you are still paying for it, which is a materially different cash profile from a 60% handover payment.
Object 1 has a 4.5 million sq ft portfolio across Dubai and Abu Dhabi and three projects handed over, with more completing over the next two years. That is a short but real delivery record, which is more than many of the newer design led developers in this price bracket can show.
Dubai Land Residence Complex is a volume community rather than a prestige address, and this is the lowest entry price on our Dubai list. Buy it for the cash flow structure and the rental demand from Academic City, not for capital growth comparable to the waterfront districts.
Prices are converted from UAE dirhams at 1 AED = £0.2058 (6 October 2026) and rounded, so the sterling figure moves with the exchange rate. Availability and prices change as units sell; ask us for the latest price list.
Sixty Per Cent Built on Island A, With Handover Expected Q3 2027
Fully Furnished Branded Residences on the Marina at Dubai Islands
A 22 Storey Wellness Led Tower With More Than 20 Amenities