Project
Viera Residences
Viera Residences is an 11-storey residential building under development in Dubai Production City, Me'aisem First, DubaiLand, Dubai. A project with off-plan and ready sales of apartments in Dubai Production City, priced in line with the Dubai Production City median.
01 / Transactions
Latest Viera Residences transactions
02 / About
About Viera Residences
Viera Residences is an 11-storey residential building under development in Dubai Production City, Me'aisem First, DubaiLand, Dubai.
Viera Residences at a glance
- Area
- Dubai Production City
- Developer
- Vantage Ventures Real Estate Development
- Units
- The development will contain an estimated 144 units
- Unit layouts
- Viera Residences will comprise a mix of studios, one- , and two-bedroom apartments
- Architect
- The architectural consultant is EDMAC Engineering Consultant
- Contractor
- The main building work is being done by Evan Lim Penta Construction
- Storeys
- 11 storeys
Homes, design and facilities
Payment plan: The project was launched with an installment plan allowing investors to pay 20% as a deposit on booking, 15% during the construction phase, and 65% upon handover of the property. Down payment 20% Construction 15% Handover 65%.
- Amenities will include a gymnasium
- a kids' play area
- a lobby lounge
- a multi-purpose hall
- a residents lounge
- a rooftop terrace
- a sauna
- swimming pool
Getting around
- Dubai Mall
- 25 min
- Palm Jumeirah
- 20 min
- Burj Al Arab
- 22 min
- The Walk JBR
- 22 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in March 2024. The estimated handover date was Q1 2026.
- Construction Started
- March 2024
- Estimated Completion
- Q1 2026
Nearby neighbourhoods
- Jumeirah Golf Estates1.3 km
- Midtown by Deyaar1.4 km
- Jumeirah Village Triangle1.7 km
- Victory Heights1.9 km
Viera Residences recorded 34 market sales from 7 Jan 2026 – 28 Sept 2026, at a median price of AED 1,190,097 (AED 1,405/sqft). Viera Residences's median price per sqft (AED 1,405/sqft) is 4% above the Dubai Production City median (AED 1,345/sqft).
03 / Payment plan
Viera Residences payment plan
How the price was split between booking, construction and handover at launch.
- Down payment
- 20%
- Paid on booking
- During construction
- 15%
- Paid in instalments while it is built
- Handover
- 65%
- Paid when the keys are handed over
The launch plan as published by Propsearch. Terms can differ by unit, offer and date.
04 / Prices
Viera Residences prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
Studio | 7 | 575.53K AED | 1,459 | |
1 bedroom | 15 | 1.14M AED | 1,472 | |
2 bedrooms | 12 | 1.6M AED | 1,390 |
05 / Rents
Renting in Viera Residences
Medians of the 3 market rents (one property, about a year) among 3 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 77,000
- Per sqft / yr
- AED 94/sqft
- Gross yield
- —
Market pulse / weekly
Viera Residences price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 5 Jan 2026Total AED 3,062,838 | 2 | AED 1,531,419 | AED 1,333/sqft |
| Week of 12 Jan 2026Total AED 3,336,210 | 3 | AED 1,062,138 | AED 1,374/sqft |
| Week of 19 Jan 2026Total AED 7,987,032 | 6 | AED 1,258,594 | AED 1,481/sqft |
| Week of 2 Feb 2026Total AED 5,854,942 | 4 | AED 1,525,415 | AED 1,397/sqft |
| Week of 9 Feb 2026Total AED 1,139,846 | 1 | AED 1,139,846 | AED 1,475/sqft |
| Week of 16 Feb 2026Total AED 3,374,892 | 2 | AED 1,687,446 | AED 1,349/sqft |
| Week of 23 Feb 2026Total AED 1,255,208 | 1 | AED 1,255,208 | AED 1,623/sqft |
| Week of 2 Mar 2026Total AED 1,224,489 | 2 | AED 612,244 | AED 1,532/sqft |
| Week of 9 Mar 2026Total AED 1,189,856 | 1 | AED 1,189,856 | AED 1,491/sqft |
| Week of 16 Mar 2026Total AED 1,181,757 | 1 | AED 1,181,757 | AED 1,472/sqft |
| Week of 23 Mar 2026Total AED 1,236,150 | 1 | AED 1,236,150 | AED 1,459/sqft |
| Week of 4 May 2026Total AED 530,000 | 1 | AED 530,000 | AED 1,359/sqft |
| Week of 20 Jul 2026Total AED 1,143,430 | 1 | AED 1,143,430 | AED 1,480/sqft |
| Week of 27 Jul 2026Total AED 1,069,000 | 2 | AED 534,500 | AED 1,355/sqft |
| Week of 3 Aug 2026Total AED 1,363,800 | 1 | AED 1,363,800 | AED 1,393/sqft |
| Week of 17 Aug 2026Total AED 990,000 | 1 | AED 990,000 | AED 1,281/sqft |
| Week of 31 Aug 2026Total AED 1,323,516 | 1 | AED 1,323,516 | AED 1,393/sqft |
| Week of 7 Sept 2026Total AED 929,000 | 1 | AED 929,000 | AED 1,201/sqft |
| Week of 21 Sept 2026Total AED 648,963 | 1 | AED 648,963 | AED 1,624/sqft |
| Week of 28 Sept 2026Total AED 1,020,000 | 1 | AED 1,020,000 | AED 1,278/sqft |
06 / Nearby
Other projects in Dubai Production City
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 310 | 1.09M AED | 1,248 | ||
02 | 230 | 786.91K AED | 1,647 | |
| 177 | 1.14M AED | 1,456 | ||
| 152 | 1.11M AED | 1,280 | ||
| 141 | 960.3K AED | 1,513 | ||
06 | 120 | 410K AED | 1,042 | |
| 103 | 580K AED | 1,534 | ||
| 90 | 449.84K AED | 728 | ||
| 89 | 733.04K AED | 1,442 | ||
| 87 | 1.1M AED | 1,489 |
07 / Talk to us
Interested in Viera Residences?
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A registered project can include several buildings or phases, so these figures cover the whole project.