DLD project no. 138Under construction242 units
Varazze Tower فاراتسي تاور 91.5% built (DLD register as of 1 November 2026) · DLD end date Feb 2024 · past its DLD end date by 32 months DLD register as of 1 November 2026. DLD still lists the project as under construction.
CompletionDLD readings of % built, beside the share of the planned period gone
% built and period elapsed
1 November 2026Two separate measures: one is DLD's % built, the other is time on the calendar.
| Date | % built | Source |
|---|---|---|
| 5 November 2026 | 98.5% | DLD inspection |
| 22 June 2026 | 91.5% | DLD inspection |
| 19 September 2024 | 90.4% | DLD inspection |
| 12 May 2024 | 76% | DLD register, archived export |
| 1 May 2024 | 80.2% | DLD inspection |
| 5 December 2023 | 75.9% | DLD inspection |
| 24 June 2020 | 75.2% | DLD inspection |
| 11 March 2019 | 75.1% | DLD inspection |
| 13 August 2017 | 70.3% | DLD inspection |
| 5 December 2016 | 61.1% | DLD inspection |
| 30 May 2016 | 43.2% | DLD inspection |
| 21 January 2016 | 32.4% | DLD inspection |
| 11 June 2015 | 25.6% | DLD inspection |
| 8 January 2015 | 21.1% | DLD inspection |
| 2 March 2014 | 16.5% | DLD inspection |
| 23 September 2013 | 15% | DLD inspection |
Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗ Period elapsed: our calculation from DLD’s start and end dates.
Our completion calculation
Pace since the last two DLD readings: —
Our calculation from DLD readings. It describes the recent pace only; it is not a forecast of the completion date.
Site timeline
± 6 monthsOur imagery reading holds no milestone for this project yet.
Our reading of historical satellite imagery
Changes in the DLD register
Source: DLD projects register exports, compared by CraneScore. Dates and progress are those in the Dubai Land Department projects register on each register date, not inspection dates. DLD can revise the end date; we keep every register reading from 28 October 2026 on and list the changes here.
Inspection photos and reports
DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.
CraneScore links to DLD and does not copy or host its photos or reports.
DLD registration
DLD services ↗Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.
Description in the DLD register: 2B+G+3P+38+R Hotel Apartments,The project designed to have a concrete structure and block with internal and external finishes.
DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae
Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.
AED · sqft
This project's first registered off-plan sale is before 1 March 2020, near the start of our sales data, so its launch may be older and no launch price is shown.
Prices are over apartments, the type most sales in this project are.
Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.
Registered sales per quarter
| Quarter | Registered sales |
|---|---|
| 2020-Q1 | 1 (off-plan 1, ready 0) |
| 2024-Q2 | 1 (off-plan 1, ready 0) |
Registered sales per quarter, off-plan and ready units. Source: DLD.
Rents in DLD area Al Safouh First
New Ejari rent contracts for apartments across DLD area Al Safouh First, 12 months to 5 November 2026, against the 12 months before: the rent level around this project. No yield is shown before the project is completed.
| Bedrooms | Median annual rent | New contracts | Change on a year earlier |
|---|---|---|---|
| Studio | AED 50,400 | 50 | -2.4% |
| 1 BR | AED 95,000 | 76 | -2% |
| 2 BR | AED 110,000 | 77 | 0% |
| 3 BR | AED 220,000 | 9 | +15.8% |
New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.
Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.
Registered sales
The newest sales DLD has registered in this project, as DLD publishes them.
| Date | Market | Type | Size (sqft) | Price (AED) | AED/sqft |
|---|---|---|---|---|---|
| 14 June 2024 | off-plan | Apartment · 2 BR | 2,222 | 3,146,706 | 1,416 |
| 29 January 2020 | off-plan | Apartment · 3 BR | 2,772 | 2,770,120 | 999 |
Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
Looking for a unit in this or similar projects?
Tell us what you are looking for in Varazze Tower or similar projects. We reply by e-mail, and your request stays with CraneScore.
Estimated value range
Not enough registered off-plan sales for an estimate (at least 5 of one bedroom count in 12 months).
Automated estimate from registered off-plan sales (developer sales and resales mixed); not a valuation by a registered valuer; not for mortgage or court use.
Payment scenarioEnter the developer’s plan to see what you pay and when. Handover starts at the DLD end date (Feb 2024); move it with the slider.
A scenario from your own inputs, not this project's verified payment plan.
Common plans
Plan shares add up to 100% (must be 100%).
Payments per quarter
AED| Quarter | Paid |
|---|---|
| 2026-Q4 | AED 1,045,000 · AED 1,045,000 paid so far |
Payments per quarter, AED, fees included. Illustration from your inputs.
The DLD fee (4% of the price) and the fees above are paid at booking. With a resale price, the unit is sold at handover and the buyer takes over any unpaid balance; agent fees, mortgage costs and service charges are left out. An illustration from your inputs, not financial advice.
Mortgage for a unit here
Questions about financing a unit in Varazze Tower? Leave your details and we reply by e-mail. Your request stays with CraneScore.
LocationAl Safouh First · Dubai Municipality community
Places near the project
Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.
School ratings: KHDA’s school directory ↗ · Report a wrong location
Dubai Municipality · Makani · © OpenStreetMap contributors · RTA
New homes within 1.5 km
Open projects within 1.5 km of the pin: 11, with 2,307 units and villas.
| DLD end year | Projects | Units and villas |
|---|---|---|
| 2025 | 1 | 335 |
| 2026 | 2 | 719 |
| 2027 | 2 | 41 |
| 2028 | 3 | 319 |
| 2029 | 3 | 893 |
Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.
Developer in DLD data Olgana Real Estate Development L.L.C · DLD developer no. 1412
Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.
Other projects in Sufouh Gardens
DLD lists 9 projects in the master project Sufouh Gardens.
Questions about Varazze Tower
When is Varazze Tower's handover?
DLD lists an end date of Feb 2024 (register of 1 November 2026); the SPA sets the handover terms.
Is Varazze Tower past its DLD end date?
Yes. Its DLD end date is Feb 2024, 32 months before the register of 1 November 2026.
How far along is Varazze Tower?
91.5% built in the DLD register of 1 November 2026.
Who is the developer of Varazze Tower?
Olgana Real Estate Development L.L.C, as registered with DLD.
What is the DLD project number of Varazze Tower?
138.
Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error