Volna Al Jaddaf Dubai

Volna is a small residential building in Culture Village, Al Jaddaf, on the Dubai Creek side of the district, and the first Dubai home project of Kasco Developments. It holds 65 homes — studios, one, two and three-bedroom apartments. Broker and portal pages price studios from AED 965,583 (about Rs 2.49 crore) and one-bedrooms from AED 1,531,847.

Volna is no longer an off-plan purchase. It launched in March 2025 with a registered completion of Q2 2026, and Kasco announced in May 2026 that construction was finished ahead of that date, with handover to owners following the authority paperwork. That changes the maths for a buyer today: the risk of a delay has gone, and so has most of the payment plan.

At a glance

Price and unit pricing

The implied rates assume the lowest price goes with the smallest unit, which the broker pages imply but do not state. Sizes come from the propsearch tracker; broker pages give a wider span of 495 to 3,400 sq ft, and the tracker lists the three-bedroom at 1,503 sq ft, smaller than the two-bedroom. One of those numbers is wrong, so ask Kasco for the floor plan of the unit you are offered.

Against the district, the studio sits high. Al Jaddaf guides put apartment rates at roughly AED 1,200 to 1,900 per sq ft, so a studio at about AED 1,955 is at or just above the top. The one-bedrooms, at about AED 1,551 to 1,870, sit inside the band. A new, small building next to the metro can hold that premium, but check what finished studios in older Al Jaddaf towers are asking before you accept it.

Payment plan and total cost

Volna was sold on a 40/60 plan: 20% on booking with the 4% DLD fee, construction instalments, and 60% on completion. One broker page prints the construction share as 10% in two instalments, which adds up to 90%, so a tenth of the price is unaccounted for in that version. The SPA is the only document that settles the split.

With the building complete, the plan has little left to spread. Worked on the AED 965,583 studio, as it would have run for an early buyer and what it means now:

A buyer today should assume the whole price falls due within weeks, as it would on any finished flat. That opens a UAE mortgage as an option, since banks lend on completed units, but it also means the booking-now, pay-later appeal of an off-plan plan is gone. If Kasco still has unsold units, ask whether it will offer a post-completion instalment plan; some developers do to clear the last stock.

No service charge is published for Volna. The nearest published figure in the district is Binghatti Creek at about AED 15.36 per sq ft a year, which would be about AED 7,600 on a 494 sq ft studio. A small building with a pool, sauna and jacuzzi spreads those running costs over only 65 homes, so ask for the approved budget rather than assuming the district rate.

Location and connectivity

Al Jaddaf sits on the south bank of Dubai Creek, between Dubai Healthcare City and Ras Al Khor, with Al Khail Road and Sheikh Rashid Road at its edges. Volna is in the Culture Village part of the waterfront, near the Jameel Arts Centre and the creek promenade. Kasco's press material calls it beachfront; the water here is the creek, not the sea.

District guides put Downtown Dubai about 10 minutes away off-peak, DIFC and Business Bay 10 to 12, and Dubai International Airport (DXB) about 12. Al Jadaf Metro on the Green Line is inside the district. Al Jaddaf is filling in quickly, with many new towers from Binghatti and others, so expect building work nearby and plenty of competing rental stock.

Kasco's second building in the same district, Val by Kasco, is a larger 121-home tower that gives a second price point from the same developer. 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 building: a swimming pool, a jacuzzi, a sauna, a fitness centre, a co-working space and a sun lounge, with three levels of basement parking on one source. That is a full amenity set for 65 homes, and it is the reason to ask about the service charge before anything else.

Not published: the appliance list, the kitchen and bathroom fit-out, parking per unit, the escrow bank and the service-charge budget. Because the building is finished, you can see the specification for yourself rather than rely on a brochure, which is the main advantage of buying now. Final specification as per the SPA.

About the developer

Kasco Developments is the property arm of the KASCO Group, a family business founded in 1986 in oil and gas trading, shipping, marine services and logistics. The group began buying land across the UAE in 1996, and the development company is led by chairman Mustafa Al Qaissi. It is registered with the DLD as developer no. 1764.

Volna is its first residential project in Dubai, and it was finished ahead of its registered date, which Construction Week, Gulf News and Gulf Today all reported in May 2026. That is a good first result, but it is one building of 65 homes. Its second Al Jaddaf project, Val by Kasco — 121 homes over a basement, ground floor, three podiums and 13 floors, launched with Evolutions — was due in Q4 2026, and a Khaleej Times headline credits Kasco with delivering both early. Treat Kasco as a new developer with a clean start, not an established one.

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 — about AED 38,600 on the entry studio — plus trustee charges.

Remittance. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year. The AED 965,583 studio is about USD 263,000, just over one person's limit, and because the building is finished most of that is due at once. A single buyer should either add a co-buyer or split the remittance across a March-April financial-year boundary.

Golden Visa. The threshold is AED 2 million of property. The studios fall short by about AED 1 million. The top one-bedroom quote, AED 2,080,323, clears it by about AED 80,000, and the two and three-bedrooms should clear it once priced.

Rent and tax. No rent is published for Volna. District guides quote Al Jaddaf gross yields near 5.7 to 6%, which on the entry studio means about AED 58,000 a year. Take off a service charge near AED 7,600 and the net falls to about 5.2%. Rent and any gain on sale are taxable in India for an Indian tax resident; the UAE levies no income tax on the rent.

Pros

• A finished building: no construction risk left, and you can inspect the actual flat before paying
• The developer beat its own registered date, on its first project
• 65 homes makes a small, quiet building by Al Jaddaf standards
• Studios from about AED 1,955 per sq ft sit near the top of the district's AED 1,200 to 1,900 band but inside reach of it
• Al Jadaf Metro in the district and Downtown about 10 minutes away
• The top one-bedroom quote, AED 2,080,323, clears the AED 2 M Golden Visa threshold

Cons

• Kasco has one completed Dubai building — this one — so there is no long record to judge
• The payment plan no longer spreads the cost: the 60% completion payment is due now
• The floor count is printed three ways and the 3 BHK is listed smaller than the 2 BHK, so the floor plans need checking
• No service charge, escrow bank or DLD project number is published
• Only studio and one-bedroom prices are printed; two and three-bedroom prices are on request
• The district has a heavy pipeline of new towers, so tenants have plenty of choice

Who this is for

• Buyers who want a finished, small building near Downtown and the metro rather than a two-year wait
• Landlords looking at studio rents from Dubai Healthcare City and Downtown workers
• Buyers who can pay nearly the whole price at once, in cash or with a UAE mortgage on a completed unit
• Golden Visa buyers who can take a larger one-bedroom at or above AED 2 M

Who should look elsewhere

• Anyone who needs a long off-plan instalment schedule
• Buyers who want a developer with a long list of finished buildings
• Families who need several three-bedroom options: the building is small
• Anyone unwilling to compare the developer's price with resale asks in the same building

Our verdict

Volna is a small, finished building by a first-time Dubai developer that did what it said it would, early. That changes the usual off-plan question: there is no construction risk left, but there is also no payment plan left, because the 60% completion payment is due now. The studio price of about AED 1,955 per sq ft is near the top of the Al Jaddaf band, so the case for paying it rests on the building being new, small and next to the metro. Before you pay the developer's figure, compare it with any resale asks in the same building and with Kasco's own second tower down the road. Get the service-charge budget in writing, since none is published.

A reasonable buy for a cash buyer who wants a finished studio or one-bedroom near Downtown and is happy to inspect before paying. It is not an off-plan play any more, so do not pay an off-plan premium for it. Ask for the Building Completion Certificate, the service charge and the escrow statement first.

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 Volna Al Jaddaf?

Broker and portal pages print studios from AED 965,583 (about Rs 2.49 crore) to AED 1,273,551, and one-bedrooms from AED 1,531,847 to AED 2,080,323. Two and three-bedroom prices are not published. The source listing carries no price, and the developer's current price sheet settles what is still for sale.

Is Volna finished?

Yes. Kasco announced in May 2026 that construction was complete, ahead of the registered Q2 2026 date, and propsearch records completion in April 2026. Handover to owners was to follow the authority paperwork; ask for the Building Completion Certificate and handover notice.

What is the payment plan?

It was sold on a 40/60 plan: 20% on booking, construction instalments, and 60% on completion. With the building complete, a buyer now should expect to pay the completion share straight away, so budget for close to the full price plus the 4% DLD fee.

How many homes does Volna have?

65: studios, one, two and three-bedroom apartments. The floor count is printed as nine storeys, as 11 floors, and as a ground floor, seven residential floors and a rooftop over three basements.

Does Volna qualify for a Golden Visa?

The threshold is AED 2 million of property. Studios do not qualify; the top one-bedroom quote of AED 2,080,323 clears it by about AED 80,000, and the larger units should too once priced.

What rent and service charge should I expect?

Neither is published for Volna. District guides quote Al Jaddaf gross yields near 5.7 to 6%, about AED 58,000 a year on the entry studio. The nearest published service charge in the district, AED 15.36 per sq ft, would be about AED 7,600 a year on a 494 sq ft studio.

Can an Indian resident buy at Volna?

Yes. Al Jaddaf is freehold for foreign buyers and the DLD issues the title deed in your name. Under the LRS each person can remit USD 250,000 a financial year; the entry studio is about USD 263,000, so a single buyer needs two years' allowance or a co-buyer.

Who is Kasco Developments?

The property arm of the KASCO Group, a UAE family business founded in 1986. Volna is its first Dubai residential project and was finished ahead of schedule; Val by Kasco in the same district is its second.

Compare with other Dubai projects

Also in Al Jaddaf: Val by Kasco (from AED 1.03M, handover 2026), Binghatti Starlight (from AED 850,000, off-plan), Azizi Leily (from AED 829,000, handover 2027) and Binghatti Wraith (from AED 799K, handover 2027).

A similar budget elsewhere in Dubai: Exotica (from AED 966.2 K, handover 2026), Binghatti Skyrise (from AED 975K, handover 2026) and Green Diamond One (from AED 975,000, ready).

Read next: Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.