# Verdania 1

Verdania 1 is a project by Obj1 Real Estate Development L.L.C, recorded at 17% complete at its last Dubai Land Department inspection. 91 sales registered in the trailing 12 months at a median AED 741k (1 383 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Obj1 Real Estate Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 17% | DLD verified |
| Registered with DLD | 4 Jun 2025 | DLD verified |
| Construction started | 25 Mar 2025 | DLD verified |
| Declared completion | 30 Mar 2027 | DLD verified |
| Units in the project | 208 | DLD verified |
| Project area | 12 906 sqm | DLD verified |
| Escrow agent | Abu Dhabi Islamic Bank | DLD verified |
| Project number | 3543 | DLD verified |

Verdania 1 is a project by Obj1 Real Estate Development L.L.C, recorded at 17% complete at its last Dubai Land Department inspection. 91 sales registered in the trailing 12 months at a median AED 741k (1 383 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 741k | +6.9% |
| Interquartile range | AED 685k – AED 1.05M | |
| Median price per sqft | 1 383 AED | -2.0% |
| Registered sales, 12 months | 91 | +11.0% |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 44 | AED 709k | 1 482 | 481 sqft | — | — |
| 1-bedroom apartments | 24 | AED 836k | 1 323 | 792 sqft | — | — |
| 2-bedroom apartments | 23 | AED 1.42M | 1 197 | 1 348 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jun 2026 | 6 | 1 203 | 1 081 – 1 285 |
| May 2026 | 1 | insufficient data | |
| Apr 2026 | 1 | insufficient data | |
| Mar 2026 | 3 | insufficient data | |
| Feb 2026 | 2 | insufficient data | |
| Jan 2026 | 5 | 1 053 | 1 052 – 1 053 |
| Dec 2025 | 7 | 1 494 | 1 487 – 1 548 |
| Nov 2025 | 20 | 1 441 | 1 342 – 1 490 |
| Oct 2025 | 19 | 1 385 | 1 350 – 1 511 |
| Sep 2025 | 16 | 1 385 | 1 379 – 1 442 |
| Aug 2025 | 28 | 1 425 | 1 395 – 1 486 |
| Jul 2025 | 36 | 1 416 | 1 341 – 1 479 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/verdania-1/  
**Suggested citation:** Continental Club Property, "Verdania 1", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/verdania-1/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.