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Price on request
Starting price for Nova Tower.

Under Construction
Nova Tower by Alansari Real Estate Development Llc targets Q3 2026 handover in Dubai Silicon Oasis, with 28 tracked transactions and a construction
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Price from
Price on request
Starting price for Nova Tower.
Completion
Q3 2026
Tracked completion target for Nova Tower.
Related projects
4
Nearby launches and other Alansari Real Estate Development projects.
Nova Tower is a residential development by Alansari Real Estate Development Llc in Dubai Silicon Oasis, targeting a Q3 2026 handover. With 28 tracked transactions on record and a construction programme 43.17% behind schedule, this project demands direct answers on pricing, delivery risk, and area fundamentals before it earns selection consideration. Buyers weighing off-plan against ready options in DSO should assess developer accountability and escrow compliance alongside the unit economics before committing capital.
Nova Tower is listed at price on request, meaning Alansari Real Estate Development has not published a public price sheet. This is an unusual position for a project approaching its original Q3 2026 handover — and particularly in a submarket where comparable launches such as Timez and Aura Prestige have disclosed per-square-foot ranges that allow direct buyer comparison. The DSO mid-market has historically traded between AED 800 and AED 1,100 per square foot for mid-rise apartments, with studios and one-bedroom units driving the bulk of transaction volume. Buyers approaching Alansari should request a full unit schedule with net sellable areas, service charge projections, and payment plan milestone dates before entering any negotiation. With 28 tracked transactions already registered against the project, a usable dataset exists — ask for average transacted prices per unit type to establish whether any asking price reflects current market levels or carries a speculative premium. Consult the buying guide for a checklist of documentation to request before signing a reservation agreement.
Nova Tower's construction programme is 43.17% behind its original plan, placing the Q3 2026 handover date under serious pressure. Treat Q3 2026 as an optimistic scenario and model a realistic completion window extending to Q4 2026 or Q1 2027 when planning mortgage conversions, lease exits, or tenanting strategies. Under UAE off-plan regulations, developers are required to register projects with the Real Estate Regulatory Agency (RERA) and ring-fence all buyer payments in a dedicated escrow account — verify that Nova Tower's escrow is active and that construction draw-downs are proportionate to certified build progress before transacting. A programme deficit of this magnitude at this stage means the developer must significantly accelerate site activity to meet the stated date. Request a current RERA progress certificate and confirm the project holds a valid building permit. Buyers already under contract should review their Sale and Purchase Agreement for the developer's liability provisions on delayed handover, including any compensation mechanisms or exit rights tied to material schedule overruns. The off-plan vs ready comparison offers a structured framework for weighing this delivery risk against ready alternatives in the same corridor.
Dubai Silicon Oasis is a free zone and integrated technology park governed by Dubai Silicon Oasis Authority (DSOA), positioned at the intersection of Sheikh Mohammed Bin Zayed Road (E311) and Dubai Al Ain Road (E66). The area combines residential towers, commercial offices, and light industrial facilities with a tenant base concentrated in IT, engineering, and technology — professionals employed within the free zone and in adjacent Academic City. That employment concentration produces consistent rental demand for studios and one-bedroom apartments, the unit types most developers bring to DSO at launch. Gross rental yields in the area have historically tracked between 7% and 9% for well-managed smaller units, sitting meaningfully above the Dubai-wide average, which makes DSO a credible allocation for income-focused investors assessing off-plan projects across the emirate. The trade-off is capital appreciation: DSO pricing has lagged prime and mid-prime corridors and did not record the step-change growth seen in Business Bay or Jumeirah Village Circle during the 2023–2025 cycle. For buyers whose primary objective is income generation over a 3–5 year hold, the area's rental fundamentals are sound — provided the developer delivers on time and within budget. Explore the full Dubai Silicon Oasis area analysis for connectivity data, infrastructure investment pipeline, and submarket pricing before finalising any selection position.
Three active launches merit direct comparison before Nova Tower earns selection time. Aura Prestige provides a reference point for finish specification and pricing discipline within the DSO corridor — compare its handover schedule, payment plan structure, and published transacted prices against Nova Tower's undisclosed figures to establish relative value. Timez targets a similar buyer profile and carries a visible price per square foot, offering the clearest direct benchmark for evaluating Nova Tower's eventual pricing disclosure. The Hillgate extends the comparison to the broader DSO-adjacent market and warrants inclusion if a slightly different sub-location offers greater pricing transparency or a stronger construction timeline. Across all three, the variables that matter most are handover certainty, confirmed RERA escrow compliance, and service charge projections — factors that carry disproportionate weight in a submarket with thinner secondary market liquidity than prime Dubai. More projects by Alansari Real Estate Development Llc are worth reviewing to assess the developer's delivery record across their full portfolio before committing to Nova Tower specifically. Align your criteria with the buying guide before signing any reservation or SPA.

A 43.17% deficit against the original programme is material at this stage of development. With a Q3 2026 target, the developer would need to complete a substantial share of remaining work at an accelerated pace to hit that milestone. Plan for a realistic completion window extending to Q4 2026 or Q1 2027, and verify current site progress directly through RERA or via an independent snagging consultant before making any lease exit, mortgage conversion, or tenanting decisions tied to a specific date.
Without a published price sheet, a direct market comparison is not possible. The DSO mid-market has historically cleared between AED 800 and AED 1,100 per square foot for apartment launches. Request a full unit schedule from Alansari Real Estate Development and cross-reference against the 28 tracked transactions already on record and against comparable launches such as [Timez](/projects/timez) and [Aura Prestige](/projects/aura-prestige) before drawing any conclusions on value.
DSO has historically delivered gross rental yields of 7–9% on smaller units, supported by a concentrated tech and engineering tenant base employed within the free zone and adjacent Academic City. Whether Nova Tower meets that threshold depends on its final purchase price, service charge levels, and actual handover timing. A delayed project entering a stabilised rental market requires tighter underwriting — model net yield after service charge and agency fees, and compare against ready inventory in DSO before accepting off-plan delivery risk on a project with a material programme deficit.

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