Developer: Abyaar Real Estate · Al Sufouh 1
Varazze Tower is a residential project by Abyaar Real Estate in Al Sufouh 1, Dubai, with indicative prices from AED 1 929 000 (estimate from DLD sales; developer price not yet published), planned handover Q1 2024, construction 98.5% complete per the DLD registry, 242 units, 87 DLD-registered sales since 2011.
| Type | Units | Typical size, sq.ft |
|---|---|---|
| 1 Bedroom | 91 | 802–1 471 |
| 2 Bedroom | 79 | 1 328–2 266 |
| 3 Bedroom | 56 | 2 067–4 692 |
| 4 Bedroom | 15 | 3 954–7 091 |
| 5 Bedroom | 1 | 4 814 |
Size range excludes the smallest and largest 5% of units of each type.
All units are freehold. Data from the DLD registry.
A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.
For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 929 000 AED is 8 146 AED.
Estimates only; not a bank approval.
Data from the Dubai Land Department project registry (updated 12.11.2026 05:55).
Pace: 1.57% per month. At this rate 100% falls on 03.12.2026.
The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.
84 more photos in the DLD register
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Abyaar Real Estate · District: Al Sufouh 1
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 06.08.2025 | 4 BR | 525.3 | 4 240 260 |
| 30.07.2025 | 5 B/R | 447.2 | 3 504 067 |
| 08.07.2025 | 3 BR | 257.5 | 2 079 090 |
| 08.07.2025 | 3 BR | 257.5 | 2 079 090 |
| 14.06.2024 | 2 BR | 206.5 | 3 146 706 |
| 29.06.2022 | 3 917.7 | 56 840 512 | |
| 29.01.2020 | 3 BR | 257.5 | 2 770 120 |
| 12.11.2019 | 3 BR | 256.5 | 1 932 902 |
| 12.11.2019 | 1 BR | 93.4 | 703 524 |
| 11.11.2019 | 3 BR | 192.0 | 1 984 262 |
| 11.11.2019 | 1 BR | 88.1 | 910 003 |
| 17.04.2019 | 3 BR | 192.0 | 1 653 520 |
| 17.04.2019 | 1 BR | 93.4 | 804 024 |
| 28.01.2019 | 2 BR | 123.4 | 1 327 930 |
| 28.01.2019 | 2 BR | 195.7 | 1 892 250 |
| 28.01.2019 | 1 BR | 101.3 | 980 869 |
| 17.01.2019 | 1 BR | 93.4 | 1 398 360 |
| 31.12.2018 | 1 BR | 93.4 | 1 000 000 |
| 13.08.2018 | 2 BR | 128.4 | 1 100 000 |
| 01.08.2018 | 1 BR | 93.4 | 703 524 |
| 31.07.2018 | 3 BR | 257.5 | 1 940 512 |
| 31.07.2018 | 1 BR | 93.4 | 703 524 |
| 30.07.2018 | 3 BR | 256.5 | 1 932 902 |
| 30.07.2018 | 2 BR | 128.4 | 967 242 |
| 30.07.2018 | 3 BR | 192.0 | 1 446 832 |
| 26.07.2018 | 2 BR | 123.4 | 1 000 000 |
| 26.07.2018 | 3 BR | 192.0 | 1 600 000 |
| 24.07.2018 | 3 BR | 192.0 | 1 600 000 |
| 18.07.2018 | 3 BR | 192.0 | 1 600 000 |
| 18.07.2018 | 2 BR | 206.5 | 2 100 000 |
| 18.07.2018 | 1 BR | 93.4 | 703 524 |
| 18.07.2018 | 1 BR | 88.1 | 663 589 |
| 18.07.2018 | 2 BR | 123.4 | 929 492 |
| 17.07.2018 | 3 BR | 192.0 | 1 446 832 |
| 16.07.2018 | 2 BR | 123.4 | 929 492 |
| 16.07.2018 | 3 BR | 192.0 | 1 446 832 |
| 30.01.2018 | 1 BR | 93.4 | 1 300 800 |
| 23.11.2017 | 1 BR | 93.4 | 1 300 800 |
| 16.11.2017 | 1 BR | 93.4 | 1 407 070 |
| 20.03.2017 | 2 BR | 129.3 | 2 085 803 |
| 20.03.2017 | 3 BR | 256.5 | 4 276 943 |
| 20.03.2017 | 3 BR | 192.0 | 3 096 858 |
| 17.11.2016 | 1 BR | 101.3 | 1 538 875 |
| 17.11.2016 | 4 BR | 549.0 | 8 273 706 |
| 03.10.2016 | 3 BR | 449.4 | 6 771 702 |
| 19.07.2016 | 3 BR | 431.4 | 6 500 956 |
| 04.02.2016 | 3 BR | 426.5 | 6 426 616 |
| 03.02.2016 | 3 BR | 542.3 | 6 830 039 |
| 02.11.2015 | 2 BR | 128.4 | 1 934 534 |
| 02.11.2015 | 1 BR | 88.1 | 1 327 046 |
Dubai Land Department transaction registry, updated 11.11.2026. Explore Dubai property transactions →
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 93 | 1 151 150 | 12 378 | 25 |
| 2 bedrooms | 189 | 1 892 250 | 10 012 | 25 |
| 3 bedrooms | 257 | 1 940 512 | 7 551 | 31 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
From 2015 to 2019 — -36% on the price per square metre in this building.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
Based on 50 registered DLD sales in Varazze Tower between 2 Nov 2015 and 6 Aug 2025: median 9 139 AED/m² (849 AED/sq ft); half of the deals fell between 7 535 and 14 860 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.
| Type | Indicative price | Deals | Median AED/m² | Median area, m² |
|---|---|---|---|---|
| 1 BR | AED 965 000 | 15 | 10 333 | 93.4 |
| 2 BR | AED 1 241 000 | 11 | 9 667 | 128.4 |
| 3 BR | AED 2 137 000 | 20 | 8 332 | 256.5 |
Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.
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The PDF opens instantly. Refreshed monthly from DLD data.
Boniface Anyange
Broker · Continental Club Property · RERA ORN 31933
Answers questions about Varazze Tower: current availability, payment plan, DLD registration. English and Russian.
DLD has recorded 87 sales in this building since 2011, 1 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.
Varazze Tower is a 242-unit development in Al Sufouh 1 by Olgana Real Estate Development. The project is active, with a recorded completion ratio of 98.53% at its 5 November 2026 inspection. Its total recorded area is 44,147.85, and it is identified as project number 138.
Varazze Tower is located in Al Sufouh 1, a coastal subcommunity within the wider Al Sufouh area of Dubai. The development has 242 total units and a recorded total area of 44,147.85. It carries project number 138 and Dubai Land Department project number 138. Olgana Real Estate Development is the developer associated with Varazze Tower. The project sits in a locality positioned between Palm Jumeirah and Dubai Marina by road, with access towards central and western parts of Dubai.
Varazze Tower is recorded as active. Its construction start date is 15 September 2022. The completion ratio was 98.53% at the inspection dated 5 November 2026. The recorded completion date is 17 February 2024. These project milestones place the development among the active residential projects in Al Sufouh 1. The project’s recorded unit count is 242, while its total recorded area is 44,147.85. Olgana Real Estate Development is named as the developer for the project.
Al Sufouh 1 occupies a narrow coastal strip on Dubai’s western shoreline. It is a subcommunity of Al Sufouh, with Palm Jumeirah to the northwest and Dubai Marina to the southwest by road. The area combines waterfront proximity with road connections to central Dubai and coastal leisure districts. Palma Spring Village is a recognised sub-district within Al Sufouh 1. Residential development in and around the locality includes a limited number of completed and active projects, forming part of the built environment along this section of the coast.
Mall of the Emirates is 1.6 km from Al Sufouh 1 by road. Palm Jumeirah is 4.6 km away, Dubai Marina is 6.1 km away, and JBR Beach is 6.8 km away. Burj Khalifa and Downtown Dubai are 12.6 km away, while Dubai Mall is 13.0 km away. Dubai International Airport is 23.6 km from the subcommunity, and Al Maktoum International Airport is 24.8 km away. Typical driving times are 9 minutes to Palm Jumeirah, 15 minutes to Dubai Mall and 15 minutes to The Walk at JBR.
Al Sufouh 1 is served by the Dubai Metro Red Line. Station R33 is 751 metres from the subcommunity and is within walking distance. GEMS Wellington International School, Dubai, is 1.1 km away, while Dubai College is 1.7 km away. The local area provides access to malls, hotels, Sheikh Zayed Road routes and coastal promenades. Al Sufouh Beach, also known as Secret Beach, has restricted public access while temporarily closed. Mall of the Emirates is the closest listed major retail destination at 1.6 km by road.
Al Sufouh 1 includes completed residential developments as well as active projects. Nearby completed projects include J5 by Aqua Properties, completed in 2014; J8 by Aqua Properties, completed in 2015; and Pearl Residence, completed in 2013. Vita Residencia is another development in the surrounding area. Varazze Tower forms part of this residential context in Al Sufouh 1. The district’s position provides road access to Palm Jumeirah, Dubai Marina, JBR Beach, Downtown Dubai and Dubai Mall, while the Red Line connection serves the subcommunity through station R33.
Dubai market as a whole: prices, transactions and trends (DLD data) →
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.
Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology
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How to cite:Varazze Tower — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/varazze-tower-al-sufouh-1/
