Val by Kasco Al Jaddaf Dubai

Val by Kasco is a boutique apartment tower in Culture Village, Al Jaddaf, by KASCO Developments. It has 121 apartments — studios, one-bedrooms and two-bedrooms — on 13 residential floors above a basement, a ground floor and three podium levels. The source listing starts it at AED 1.03M (about Rs 2.65 crore); launch pages printed AED 870,000 to AED 912,000.

Handover is Q4 2026 on every source we checked, and the plan is 20/20/60, with most of the money due at handover. That plan was generous at launch. With keys due within months, it now means a buyer needs almost the whole price by year-end, which is the first thing to plan for.

At a glance

Price and unit pricing

We print AED 1.03M because it is the source listing's figure and no other source dates its own. It is about 13% above the AED 912,000 that propsearch prints and 18% above the AED 870,000 launch studio. A later price release would explain the gap, and so would a better floor or a one-bedroom priced low. Ask KASCO what unit AED 1.03M buys and compare it with the AED 950,000 resale ask for a studio in the same building.

Against the Al Jaddaf average

District guides put Al Jaddaf apartments at roughly AED 1,200 to 1,900 per sq ft. Every studio figure above is over that band, from about AED 2,014 at launch to about AED 2,384 at the listing price. That is partly the small-studio effect and partly Culture Village, the Creek-side corner of the district.

The two-bedroom at about AED 1,775 per sq ft sits inside the band, but at AED 3 M it is a large ticket for Al Jaddaf. The one-bedroom, at about 894 sq ft, is the unit to ask about: it is generous for the segment, and its price is the one no source publishes.

Payment plan and total cost

The plan is 20% on booking, 20% during construction, 60% at handover, with nothing after. Worked on the AED 1,030,000 listing figure:

A 60% handover payment keeps your money until the building is finished, which is the safest shape an off-plan plan can take. The flip side is timing. With handover in Q4 2026, a buyer signing now pays about 40% at once, as the construction milestones are already reached, and AED 618,000 within a few months. If you plan to use a UAE mortgage for that 60%, get the approval in principle before you book, not after.

No service charge is published for Val. The nearest published figure in Al Jaddaf is about AED 15.36 per sq ft a year, which on a 432 sq ft studio is about AED 6,640 and on a 1,690 sq ft two-bedroom about AED 25,960. A small building with a sauna and pool spreads its running costs over only 121 units, so ask for the first-year budget before you sign.

Location and connectivity

Culture Village is the Creek-front part of Al Jaddaf, on the south bank of Dubai Creek between Dubai Healthcare City and Ras Al Khor. It is home to the Jameel Arts Centre and a waterfront promenade, and it is quieter than the tower clusters on the other side of the district. Al Jaddaf was once a dhow-building yard, and the Creek still shapes how the area feels.

Broker pages put Downtown Dubai and DXB about 15 minutes away by road, with the Ras Al Khor Wildlife Sanctuary, Dubai Creek Golf Club and Dubai Festival City Mall a short drive off. Al Jadaf Metro on the Green Line is inside the district, and Al Khail Road and Sheikh Rashid Road run along its edges.

Al Jaddaf is filling up quickly with new towers, many of them studio-heavy. That brings shops and services, but also supply: a studio landlord here competes with a lot of new stock. A 121-unit building at least means few competing lets inside your own lobby.

KASCO's earlier tower in the district, Volna, is the best evidence for how this developer builds. In the same Culture Village pocket, Creek Views by Iraz sells two-bedrooms and penthouses at a higher ticket with a Q1 2027 date. Everything we track in the emirate is on all Dubai projects, and the wider list is on the projects page.

Amenities and specifications

Quoted for the tower: a resort-style swimming pool, a gym and fitness club, a yoga area, a sauna, restaurants, covered parking, shared relaxation areas and 24-hour security with CCTV. For a 121-unit building that is a full list; the amenities sit on the three podium levels.

The sources name La Mida Contracting as main contractor and Bonyan Engineering Consultants as architectural consultant. Not published: the appliance schedule, whether kitchens are fitted with white goods, the parking allocation per unit and the escrow bank. Final specification as per the SPA.

About the developer

KASCO Developments is the property arm of KASCO Group, a UAE group founded in 1986 whose main businesses are oil and gas trading, shipping, marine services and logistics. As a developer it is small, with a handful of completed buildings over two decades: hotel apartments in Barsha Heights (2010), KASCO Tower in Al Qusais (2012), KASCO Residence in Jumeirah Garden City (2017) and a 19-storey waterfront tower in Business Bay (April 2021).

The most relevant record is the latest. In May 2026 KASCO reported that Volna by Kasco, its Al Jaddaf tower, had reached physical completion ahead of its scheduled date, and trade press covered an earlier project completed ahead of schedule too. A small developer that finishes early is rarer than a large one that finishes late. The risk with KASCO is not delivery so much as scale: it has few buildings on the resale market, so there is less price history to check a unit against.

For Indian buyers

Ownership. Al Jaddaf is freehold for foreign buyers, resident or not, and the Dubai Land Department issues the title deed in your name. The UAE has no annual property tax and no VAT on a residential sale, so the government cost is the 4% DLD transfer fee — AED 41,200 on AED 1.03M — plus the AED 40 Oqood fee.

Remittance. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year. AED 1.03M is about USD 280,000, a little over one person's allowance. Because 60% falls due at handover in Q4 2026, a single buyer cannot wait for the next financial year to send the balance; a couple's USD 500,000 covers it within one year.

Golden Visa. The threshold is AED 2 million of property. The two-bedroom from AED 3 M clears it by about AED 1 M. The studio does not, and the one-bedroom's price is not published.

Rent and tax. No rent is published for Val. Al Jaddaf guides quote gross yields near 5.7%, and around 6% for smaller units; 6% on AED 1.03M needs about AED 61,800 a year. Bought at the AED 870,000 launch figure, the same rent would be 7.1%, which shows how much the entry price matters here. Rent and any capital gain are taxable in India for an Indian tax resident; the UAE levies no income tax on the rent.

Pros

• Only 121 units: a quiet building with few competing lets inside it
• KASCO's last Al Jaddaf tower, Volna, finished early in 2026
• 60% at handover means most of the money stays with you until the keys
• Culture Village on the Creek, with the Green Line metro in the district
• A 1 BHK of about 894 sq ft is large for the segment
• Resale asks near AED 950,000 for a studio give room to negotiate below the listing figure

Cons

• At AED 1.03M a 432 sq ft studio works out near AED 2,380 per sq ft, above the Al Jaddaf band of about AED 1,200 to 1,900
• Starting prices range from AED 870,000 to AED 1.03M with no dates attached
• The 60% handover payment falls due within months of booking
• KASCO is a small developer with only a few completed buildings
• 1 BHK prices are not published
• The 2 BHK at AED 3 M is expensive for Al Jaddaf

Who this is for

• End users who want a small building in Culture Village with keys soon
• Buyers with cash or a UAE mortgage lined up for the 60% handover payment
• Golden Visa buyers happy to pay about AED 3 M for a large two-bedroom in the district
• Studio investors who negotiate against the resale asks

Who should look elsewhere

• Anyone needing the 60% to be spread over years
• Yield-first investors paying the full AED 1.03M for a studio
• Buyers who want a big-developer name
• Anyone who wants a three-bedroom

Our verdict

Val is a boutique tower from a small developer that has just done the most useful thing a small developer can do: finish its previous Al Jaddaf building early. With 121 units, a Creek-side Culture Village address and 60% payable only at handover, it has real strengths. The price is the question. The listing's AED 1.03M sits above the launch figures of AED 870,000 to 912,000 and above a resale ask of AED 950,000, and on a 432 sq ft studio it is above the Al Jaddaf per-foot band. The back-loaded plan also turns around quickly: with handover in Q4 2026, the 60% is due within months, so a buyer now needs almost the whole price soon.

A sound small-building buy in Culture Village for someone ready to pay most of the price by year-end, provided the studio is bought nearer the launch or resale figures than the AED 1.03M listing. The two-bedroom is the Golden Visa unit. Get the unit price, the SPA completion date and the construction percentage in writing, and have the 60% arranged before you book.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Val by Kasco?

The source listing starts it at AED 1.03M (about Rs 2.65 crore). Launch pages print AED 870,000 for a 432 sq ft studio and AED 912,000 as the starting price, a resale ask for a studio sits at AED 950,000, and two-bedrooms of about 1,690 sq ft start from AED 3 M. KASCO's current price list settles it.

What is the payment plan?

20% on booking, 20% during construction and 60% at handover. On AED 1,030,000 that is AED 206,000, AED 206,000 and AED 618,000, plus AED 41,200 of DLD fee. With handover due in Q4 2026, the 60% is only months away.

When is the handover?

Q4 2026 on every source checked; one gives 30 December 2026. The SPA date binds the developer, and the Dubai REST app shows construction progress.

How many units are there?

121 apartments over 13 residential floors, above a basement, a ground floor and three podium levels. Pages describe the building as 13, 17 or 18 storeys depending on whether they count the podium and ground.

Does it qualify for a Golden Visa?

The two-bedroom from AED 3 M clears the AED 2 million threshold by about AED 1 M. The studio does not, and one-bedroom prices are not published, so ask for them.

What rent and service charge should I expect?

Neither is published for Val. Al Jaddaf guides quote gross yields near 5.7% to 6%; 6% on AED 1.03M needs about AED 61,800 a year. The nearest published service charge in the district is about AED 15.36 per sq ft, about AED 6,640 a year on 432 sq ft.

Can an Indian resident buy here?

Yes. Al Jaddaf is freehold for foreign buyers and the DLD issues the title deed in your name. AED 1.03M is about USD 280,000, a little over one person's LRS allowance of USD 250,000 a year and inside a couple's USD 500,000.

Is KASCO a reliable developer?

It is small but has finished what it started: buildings in Barsha Heights, Al Qusais, Jumeirah Garden City and Business Bay, and Volna in Al Jaddaf reached completion ahead of schedule in 2026.

Compare with other Dubai projects

Also in Al Jaddaf: Volna (from AED 965,583, ready), Binghatti Ghost (from AED 1,162,500, ready), Binghatti Starlight (from AED 850,000, off-plan) and Azizi Leily (from AED 829,000, handover 2027).

A similar budget elsewhere in Dubai: One by Nine (from AED 1.04 M, off-plan), Rosalia Residences (from AED 1,019,400, ready) and Alba Tower (from AED 1.01M, handover 2027).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.