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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
AED · sqft
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DLD project no. 2976Under construction239 units

Verdana Residence 2 فيردانا ريزيدانس 2 Dubai Investment Park First by Reportage Prime Properties L.L.CAll phases of Dubai Investment Park First 20% built (DLD register as of 1 November 2026) DLD end date Apr 2026 past its DLD end date by 6 months DLD register as of 1 November 2026. DLD still lists the project as under construction.

% built
20%
DLD register, 1 November 2026
Period elapsed
132%
Oct 2024 → Apr 2026
Past the DLD end date
6 months
No end-date change in the exports we hold
Developer
4 past end date
of 7 under construction with an end date · median 10 months

CompletionDLD readings of % built, beside the share of the planned period gone

% built and period elapsed

1 November 2026
Built
20%Elapsed
132%

Two separate measures: one is DLD's % built, the other is time on the calendar.

Latest DLD register reading: 20% built on 1 November 2026 (register readings: 3). Latest DLD inspection: 20% built on 3 June 2026 (inspections: 5).
Every DLD inspection and every change in the register %, newest first
Date % built Source
3 June 2026 20% DLD inspection
11 February 2026 14.9% DLD inspection
21 June 2025 7.1% DLD inspection
23 December 2024 0% DLD inspection
29 March 2024 0% 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 months
Works startedFeb 2024 ± 6 months
Structure risingJan 2026 ± 6 months
Topped outNot seen yet
FinishedNot seen yet

Each date is ± 6 months. This is our reading, not DLD's; no image is shown. Read from imagery dated 22 November 2021 to 7 June 2026; method imagery-v1.

Changes in the DLD register

1 Nov 2026Construction completed: 20% → 20%.

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.

Building permits

1 of 1 buildings

Buildings on the project’s plots: 1, on construction permits: 1, as Dubai Municipality lists them.

Furthest stage reached: Structure.

Work not started
Site works
Foundations
Structure
Masonry
Finishes
Final works
Completed
Buildings
1
1 on construction permits
Permit status
Open
400175
Issued
15 August 2024
Work start
1 March 2025
Expected completion
1 November 2027
Consultant · contractor
BONYAN ENGINEERING CONSULTANCY L.L.C · MODUN GULF BUILDING CONTRACTING L.L.C
Buildings by the furthest work stage Dubai Municipality lists
Work stage Buildings
Structure1

Source: Dubai Municipality building permits, export of 26 October 2026. These dates and stages are Dubai Municipality’s records, not DLD’s register.

DLD registration

DLD services ↗
DLD project number
2976
Escrow agent
Arab Bank for Investment & Foreign Trade Almasref P.J.S.C.
Zoning authority
Dubai Municipality
Master project
Dubai Investment Park First
DLD area
Dubai Investment Park First
Units · villas
239 · 0
Start → DLD end
Oct 2024 → Apr 2026
Registered unitsStudio 109 · 1 bed 130; sizes 358–668 sqft

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: 3P+G+10F+Roof.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
Launch price
819 AED/sqft
Median of 28 off-plan sales in the 90 days from the first one (Aug 2024)
Latest registered sales
1,105 AED/sqft
Median of 82 home sales in the last 12 months, ready and off-plan
Change
+38.7%
Same home types on both sides, weighted by the later sales

Dubai Statistics Center residential price index (flats), 2024-Q3 to 2026-Q2: +7.1%.

Prices are over apartments, the type most sales in this project are.

Median AED/sqft (number of sales) by bedroom count, where both periods have at least 5 sales
Bedrooms Launch price Latest registered sales Change
Studio 926 (14) 1,273 (34) +37.5%
1 BR 670 (14) 940 (33) +40.3%
Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest off-plan sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
Studio 63 1,273 (34) May 2026 – Nov 2026
1 BR 63 940 (33) May 2026 – Nov 2026

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.

Median AED/sqft by quarter

2024-Q3 → 2026-Q4

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Dubai Investment Park First, median AED/sqft of off-plan sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents in DLD area Dubai Investment Park First

New Ejari rent contracts for apartments across DLD area Dubai Investment Park 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 33,915 270 -10.8%
1 BR AED 65,000 472 +1.6%
2 BR AED 85,000 402 +1.2%
3 BR AED 110,000 37 -18.5%

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.

Service charges

What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.

Apartment buildings’ budgets; villa and townhouse budgets are left out.
19.07 AED/sqft a year
Dubai Investment Park: median of 12 developments’ owners’ association budgets, 2026

Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.

Source: Dubai Land Department, owners’ association budgets (service charges).

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 82 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
7 October 2026off-planApartment · Studio 345 441,017 1,278
28 September 2026off-planApartment · 1 BR 675 975,750 1,446
28 September 2026off-planApartment · 1 BR 674 871,600 1,293
28 September 2026off-planApartment · 1 BR 658 726,000 1,103
28 September 2026off-planApartment · 1 BR 675 709,800 1,052
28 September 2026off-planApartment · 1 BR 793 708,445 893
28 September 2026off-planApartment · 1 BR 898 707,454 788
28 September 2026off-planApartment · 1 BR 641 643,091 1,003
28 September 2026off-planApartment · Studio 405 460,000 1,136
28 September 2026off-planApartment · Studio 358 453,000 1,265

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

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Bedrooms

Estimated value range

Estimated value range
Bedrooms Range, AED Based on Compared at
Studio 340,000 – 510,000 375 sales, 12 months This project
1 BR 560,000 – 870,000 471 sales, 12 months This project
Automated estimate, not a valuation

Estimate as of 5 November 2026 Track this unit

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.

Resale asking prices against the original price

Fewer than 5 resale offers with an original price are tracked for this project.

Across all Dubai off-plan resale offers we track: -3.9% (1,105 offers).

Portal asking median for off-plan units here: 1,485 AED/sqft (15 asks, last 30 days), against 1,136 AED/sqft in the latest registered sales.

Median asking premium by share of the price already paid (number of offers); shown from 5 offers
Paid to the developer This project All Dubai
0–30% paid—0% (9)
30–50% paid—-5% (51)
50–70% paid—-1.5% (65)
70% paid or more—-3.5% (45)

Asking prices of off-plan resale offers we track, compared with each offer's original price, with the 4% DLD fee removed on both sides. A negative value means asking below the original price. Only aggregates of at least 5 offers are shown; no individual offer, seller or agent is.

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Payment scenarioEnter the developer’s plan to see what you pay and when. Handover starts at the DLD end date (Apr 2026); 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%).

Handover
Dec 2026
DLD end date has passed
Paid by handover
AED 1,045,000
Fees included
Price paid at handover
100%
Total cost
AED 1,045,000
Fees: AED 45,000

Payments per quarter

AED

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.

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LocationDubai Investment Park First · Dubai Municipality community

Grossery · 470 mExtra · 740 mSchool · 880 mGreenfield International School · 940 mCarrefour Market · 1.1 kmSchool · 1.3 kmSchool · 1.4 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Malls and supermarkets Schools and hospitals

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationDubai Investment Park Metro Station · Red Metro line · 3 km
MallRijat Retail Mall-12 · 2.4 km
SupermarketGrossery · 470 m
HospitalNMC dip · 3 km
SchoolSchool · 880 m
ParkCentral Park · 1.8 km

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: 21, with 2,929 units and villas.

2025: 2242026: 2312028: 2,0272029: 447No end date: 0

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Dubai Investment Park First: 21

Open projects in the same DLD area with a DLD end year from 2025 to 2027, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Verdana Residence 96.1% Dec 2025 1,010 60
Olivia Residences 38.2% Dec 2026 1,020 47
Verdana (Phase 1) 94.6% Dec 2025 1,705 34
Verdana(Phase 2) 94% Dec 2025 2,072 25

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Dubai Investment Park First

Developer in DLD data Reportage Prime Properties L.L.C · DLD developer no. 1277

Projects registered
10
1 completed · 8 under construction · 1 not started
Units delivered
378
4,814 in the pipeline
Past the DLD end date
4
of 7 under construction with a DLD end date

Completed a month or more after their DLD end date: 0 of 1 completed projects with both dates. In 1 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.

Reportage Prime Properties L.L.C is one of 7 DLD-registered developers we list together as Reportage. See the group

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Dubai Investment Park First

DLD lists 23 projects in the master project Dubai Investment Park First.

Verdana(Phase 2)Under construction · 94% · Dec 2025
Verdana (Phase 1)Under construction · 94.6% · Dec 2025
Verdana ResidenceUnder construction · 96.1% · Dec 2025
Olivia ResidencesUnder construction · 38.2% · Dec 2026
Verdana 2Under construction · 56% · —
Verdana 4Not started · 0.1% · Sep 2028
Verdana Residence 3Not started · 0% · Sep 2028
Verdana 3Not started · 0.1% · Sep 2028
Verdana Residence 5Not started · 0% · Sep 2028
Verdana Residence 4Not started · 0% · Sep 2028
Verdana 5Not started · 0.1% · Sep 2028
Verdana Residence 6Not started · 0% · Dec 2028

Questions about Verdana Residence 2

When is Verdana Residence 2's handover?

DLD lists an end date of Apr 2026 (register of 1 November 2026); the SPA sets the handover terms.

Is Verdana Residence 2 past its DLD end date?

Yes. Its DLD end date is Apr 2026, 6 months before the register of 1 November 2026.

How far along is Verdana Residence 2?

20% built in the DLD register of 1 November 2026.

Who is the developer of Verdana Residence 2?

Reportage Prime Properties L.L.C, as registered with DLD.

What is the DLD project number of Verdana Residence 2?

2976.

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