Valores Property Development
Eighty-seven apartments over a G+2P+7 building in Al Furjan, from AED 880,000 for a 692 sq ft one-bedroom on the portal — about AED 1,272 per square foot, and the lowest one-bedroom entry on our Al Furjan list. The developer’s own page dates the handover Q3 2027 at the top and Q3 2026 at the bottom, and offers a private beach club in a district with no beach.
One number, two buildings’ worth of doubt. The portal record dates from January 2025 and prices a 692 sq ft one-bedroom at AED 880,000. At AED 1,272 per square foot that is the cheapest one-bedroom on our Al Furjan list, where comparable off-plan one-bedroom entries start at AED 972,000 and AED 985,000 — so either this is a launch price that has not been refreshed since the listing went up, or 692 sq ft buys a smaller unit than the district norm. Both are worth resolving before you use the number to compare anything.
Valores Residences is a single building on a plot inside Al Furjan, Nakheel’s gated community between Sheikh Zayed Road and the Al Furjan metro station. The developer describes a G+2P+7 structure — ground floor, two podium levels and seven residential floors — holding 87 apartments in one-, two- and three-bedroom layouts. That is a small building by Dubai standards, and it is the whole of the case for it: fewer neighbours, a shorter corridor, a plot rather than a tower.
The layouts are conventional and sensibly sized. One-bedrooms run 692 to 818 sq ft, two-bedrooms with a maid’s room or study 1,168 to 1,485 sq ft, and three-bedrooms 2,045 to 2,237 sq ft. Closed kitchens are offered on all types, which is unusual at this price point in Dubai and matters if you cook. Floor-to-ceiling glazing, a balcony per unit and a low-density plan are the developer’s stated priorities.
The amenity list reads like a resort that is not there. Alongside the expected pool, gym, kids’ play area, retail and 24-hour security, the developer lists a “Private Beach Club” and a “State-of-the-Art Gym with a Beach View”, plus a “Sky Forest Trail”. Al Furjan has no beach: it is set back behind Sheikh Zayed Road, inland of Discovery Gardens, and the nearest sand is a drive away. A beach club can be an off-site membership arrangement, and that would be a genuine benefit — but nothing in the material says where the club is, what it costs or whether residents pay for it. Ask.
The dates do not agree. The headline of the developer’s project page says “Handover Q3 2027 (Estimated)”. The enquiry card at the foot of the same page says “Q3 2026 (Estimated)”. The portal says Q3 2027. One of those is a year out, and it is the one that would put the building in your hands twelve months earlier than the real programme. Until the developer corrects it, work from Q3 2027.
Who is behind it. Valores Property Development LLC was founded in 2024, according to its own about page, and is led by managing director Asad Chaman Khan Sher Uz Zama Khan, whose career in the market the company dates to 1995. The site claims “30+ years in construction” and “over three decades of expertise” — that is the founders’ and associates’ experience, not the company’s, and it is worth keeping the distinction straight when you weigh delivery risk. This is the developer’s first residential building in Dubai, and its second project overall.
What it means for a buyer. A well-sized one-bedroom in a small building in an established community, priced below the district, from a developer with no completed project to point at. That is not a reason to walk away — every developer starts somewhere — but it is a reason to buy the contract rather than the brochure: a fixed handover date with a delay clause, an escrow account you can verify, a service-charge estimate for an 87-unit building carrying a pool and 24-hour staffing, and a written answer on the beach club.
Compiled November 2026 from the developer’s own project and about pages (building size, unit sizes, amenity list, handover statements, founding and leadership) and the listing portal’s project record (starting price, layout size, payment plan, listing date). Not a valuation.
The portal prices one layout. The developer publishes sizes for all three types but no price list:
| Type | Size | From | Per sq ft |
|---|---|---|---|
| 1-bedroom | 692 sq ft (portal) · 692–818 sq ft (developer) | AED 880,000 (portal-listed) | AED 1,272 |
| 2-bedroom + maid / study | 1,168–1,485 sq ft | Price on request | — |
| 3-bedroom | 2,045–2,237 sq ft | Price on request | — |
Two things follow from that table. The one-bedroom at AED 1,272 per square foot is priced below the rest of the district — the other off-plan one-bedroom starts on our Al Furjan list sit at AED 972,000 (Azizi Neila, Q2 2027) and AED 985,000 (Celeste Heights, portal-listed). Second, the two- and three-bedroom units have no published price at all, so there is nothing to compare until you ask.
Ask for the full price sheet with the per-square-foot rate for each type. If the one-bedroom really is 692 sq ft at 880,000, the 818 sq ft version of the same layout should be around AED 1.04 million at the same rate — if it comes back materially higher, the portal’s figure is a launch price and the current sheet has moved.
The portal illustrates a 10 / 35 / 10 / 45 structure with a post-handover tail. On the AED 880,000 one-bedroom:
| Stage | Share | On the AED 880,000 unit |
|---|---|---|
| Down payment | 10% | AED 88,000 |
| During construction | 35% over 8 instalments | AED 308,000 (AED 38,500 each) |
| On handover | 10% | AED 88,000 |
| Post handover | 45% over 36 months | AED 396,000 (AED 11,000 a month) |
| DLD transfer fee | 4% | AED 35,200, on top |
That is a genuinely light schedule: 55% by handover and almost half of the price spread over three years afterwards. It is also the structure most exposed to a developer’s cash flow, and the least common in a market where 60/40 and 50/50 have become the norm. The developer does not publish a payment plan of its own — the portal’s is the only one in circulation.
Ask three questions about it. Whether the post-handover element is a developer facility or an escrow arrangement, and what happens to it if handover slips. Whether the 36 monthly payments carry interest, a profit rate or an administration fee. And whether the plan survives an early resale, because a buyer taking over a unit with 45% still owed needs the developer’s consent in writing.
Budget AED 915,200 to complete the purchase including the 4% DLD fee, before agency commission, furniture or finance costs.

The list is long for 87 apartments: grand entrance lobby, swimming pool, gymnasium, kids’ play area, health care centre, supermarket, retail outlets, restaurants and cafés, covered parking, parks and leisure areas, 24/7 security, and the private beach club and “gym with a beach view” the developer also claims.
The amenity count is the reason to ask about the service charge early. A pool, a lobby, a gym, retail frontage, a health care centre and 24-hour staffing are recurring costs, and 87 units is a very small base to carry them — per square foot, this will cost more to run than a 300-unit tower with the same facilities. No estimate is published. Ask for the budget, in writing, with what it excludes.
On the beach club: an off-site arrangement can be perfectly good, but it is a membership, not a building amenity. Get the name of the club, the distance, the annual cost, whether it is included in the service charge or paid per household, and what happens if the arrangement ends.
Al Furjan is Nakheel’s established community between Sheikh Zayed Road (E11) and the Expo Road corridor, built around a metro station on the Route 2020 branch of the Red Line. It has its own retail centre and pavilion, schools and clinics inside or beside it, and Discovery Gardens, Ibn Battuta Mall and Dubai Marina within a short drive. It is a settled, family-oriented district rather than an emerging one, which is precisely the point: you can see the neighbours, the traffic and the retail before you buy.
The developer publishes its own drive times — 2 minutes to Sheikh Zayed Road, 3 minutes to interfaith worship spaces, 10 minutes to Expo City, 15 to Palm Jumeirah and Dubai Marina, 20 to Palm Jebel Ali and Al Maktoum International, 25 to Downtown. Some of those are generous: Marina is closer to 15–20 at peak and Downtown is nearer 30. Treat the sequence as a hierarchy of proximity rather than a timetable, and drive it yourself at 8am.
The rental case rests on the metro, the schools and the community’s maturity. Al Furjan has a deep tenant pool and a steady stream of new supply, so rents are competitive rather than exceptional. Before accepting any yield figure, check registered rents for comparable one-bedrooms in the buildings next door.
In Al Furjan, Nakheel's community between Sheikh Zayed Road and the Expo Road corridor in south-west Dubai, close to the Al Furjan metro station on the Route 2020 branch of the Red Line, with Discovery Gardens, Ibn Battuta Mall and Dubai Marina a short drive away.
Q3 2027 according to both the listing portal and the headline of the developer's own project page. The enquiry panel at the foot of that same page says Q3 2026. Until the developer corrects it, plan on Q3 2027.
The portal lists a 692 sq ft one-bedroom from AED 880,000, which is AED 1,272 per square foot. The developer publishes no price list for the two- and three-bedroom layouts, so those are price on request.
The portal illustrates 10% on booking, 35% during construction over eight instalments, 10% on handover and 45% over 36 months after handover. On the AED 880,000 one-bedroom that is 88,000 up front, 38,500 a month through construction, 88,000 at handover and 11,000 a month for three years. The developer publishes no plan of its own.
The developer lists a private beach club and a gym 'with a beach view'. Al Furjan has no beach – it is an inland community – so any beach club must be an off-site arrangement. Ask which club, how far it is, what it costs and whether it is written into the purchase.
One-bedrooms from 692 to 818 sq ft, two-bedrooms with a maid's room or study from 1,168 to 1,485 sq ft, and three-bedrooms from 2,045 to 2,237 sq ft. Closed kitchens are offered on all types.
A Dubai developer founded in 2024 and led by managing director Asad Chaman Khan Sher Uz Zama Khan, based at Suite 1901, Aspect Tower, Business Bay. Valores Residences is its first residential building; its other launched project is Elevia Residences in International City.
It is one of the more settled communities on the south-west side of the city, with a metro station, schools, clinics and retail already in place, which makes the rental case easier to check than in a new district. Prices are mid-market and supply is steady, so it rewards buying on specification and location within the community rather than on a yield claim. Our Al Furjan guide covers the districts and the stock.
At AED 1,272 per square foot it is below the other off-plan one-bedroom entries on our Al Furjan list, which start at AED 972,000 and AED 985,000 for larger or later units. The portal record dates from January 2025, so the first thing to establish is whether 880,000 is still the live price.
Tell us the layout and budget. We will get the current price sheet and payment schedule, verify the handover date, the escrow and the permit, get the service charge estimate and the beach club arrangement in writing, benchmark the unit against registered rents and resales in Al Furjan, and give you our honest read – including the case against.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.