ATARA Development Launches Velora Residence on Dubai Islands

ATARA Development has introduced Velora Residence, a new boutique collection of 58 fully furnished one- and two-bedroom residences on Dubai Islands. Positioned between the waterfront and the boulevard on Island A, the development aims to integrate city energy with its island setting.

The residences, ranging from 857 to 1,857 sq ft, are designed around a concept called "The Curated Pause," which incorporates elements of water, air, light, and wood. This design philosophy seeks to balance personal well-being with family life and create a strong connection between the built environment and nature.

Umid Bazarov, COO of ATARA Development, stated that the boutique scale of Velora Residence allows for greater attention to detail and a more personal residential experience. The design emphasis is on how a home responds to the residents' desired lifestyle, creating spaces for both solitude and shared family moments.

This launch comes as Dubai Islands continues to strengthen its position in Dubai's real estate market. Recent Dubai Land Department data indicates that the destination recorded $5.1 billion in property sales across 5,035 transactions, with median residential property prices rising by 17.7% against the 2025 median.