The Valley - Velora 2 construction progress
The Valley - Velora 2 in Al Yufrah 1 is 40% built at the Land Department inspection of July 2026. Developer Emaar Development. Completion registered for July 2028.
40%
Built, at the Land Department site inspection of 6 July 2026
On pace for its date
- Completion date (Land Department)
- July 2028
- Finish at recent pace
- March 2028
- Construction started
- November 2024
- Registered with the Land Department
- July 2024
- Developer
- Emaar Development
- Community
- Al Yufrah 1
- Units
- 312
- Escrow bank
- First Abu Dhabi Bank
- Name in Arabic
- ذا فالي - فيلورا 2
- Land Department project number
- 3161
- Land Department site inspections
- 6
Schedule
Since July 2025 The Valley - Velora 2 has added about 3.0 points a month. That puts 100% around March 2028, within three months of its registered completion date of July 2028.
Site inspections
6 July 2026
40%+14 pts
3 March 2026
26%+9.6 pts
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5 November 2025
17%+10 pts
24 July 2025
6.3%+4.7 pts
28 March 2025
1.5%+1.5 pts
21 June 2024
0%
Context
Al Yufrah 1 has 17 projects under construction, 37% built on average. The Valley - Velora 2 is ahead of that average.
Emaar Development has 52 projects under construction in Dubai, none past their registered completion dates.
Own a unit in The Valley - Velora 2?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Track the handoverQuestions
- When will The Valley - Velora 2 be completed?
- The completion date registered with the Dubai Land Department is July 2028. At the pace of its recent inspections the site would reach 100% around March 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of The Valley - Velora 2 is built?
- 40%, measured at the Land Department site inspection on 6 July 2026. The Land Department engineers have inspected the site 6 times since June 2024.
- Is The Valley - Velora 2 delayed?
- Not on current figures. At the rate of the last year it finishes within three months of its registered date of July 2028.
- Who is building The Valley - Velora 2?
- The registered developer is Emaar Development. It has 51 other projects under construction in Dubai.
- Which bank holds the escrow account for The Valley - Velora 2?
- First Abu Dhabi Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- The St. Regis Residences, Downtown DubaiAlso by Emaar Development. 76%, Due December 2026.
- Address The BayAlso by Emaar Development. 70%, Due December 2026.
- SeapointAlso by Emaar Development. 37%, Due March 2028.
- BayviewAlso by Emaar Development. 63%, Due July 2028.
- Elwood EstatesNearby in Al Yufrah 1. 14%.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.