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| Milestone | % of Property Value to be Paid | |
|---|---|---|
Down Payment | 5% | |
Pre Handover • Payment Schedule | 55% | |
On Handover | 40% |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type B - Marina Residences | 5,987 | - | |
| Type C - Marina Residences | 6,046 | - | |
| Type A - Sky Residences | 6,301 | - | |
| Type A - Marina Residences | 6,361 | - | |
| Type D - Marina Residences | 4,256 | 30M |
| Type | Area (sqft) |
|---|---|
| Type A | 11,048 - 11,727 |
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Vela by Omniyat is a stunning addition to Dubai’s iconic skyline, located in the vibrant Business Bay district. Developed by the highly acclaimed Omniyat, this ultra-luxury waterfront residential project redefines the essence of exclusive living. Situated along the Dubai Canal, Vela offers a lifestyle that combines the energy of the city with the tranquility of waterfront surroundings, providing residents with the best of both worlds.
The development features just 39 bespoke residences, including luxurious three, four and 5 bedroom Marina Residences and opulent penthouses. Designed by renowned architects Foster + Partners, Vela boasts a striking architectural presence that mirrors the fluid beauty of the Marasi Bay waterfront. Its modern, sleek design is complemented by expansive floor-to-ceiling windows that offer panoramic views of the Burj Khalifa and the dynamic Dubai skyline.
Vela offers a flexible 60/40 payment plan, allowing buyers to secure a piece of this prestigious property with ease. The estimated completion date is set for Q4 2026, promising a timely delivery of these exclusive homes. With legendary services provided by Dorchester Collection, Vela is set to offer unparalleled luxury, making it one of the most sought-after addresses in Dubai’s Business Bay.
Vela offers a curated selection of ultra-luxury residences designed for discerning buyers. With only 39 exclusive units, the project comprises spacious apartments, each thoughtfully crafted to provide maximum comfort and privacy. The units feature expansive layouts, stunning views of the Dubai Canal and Burj Khalifa, and bespoke interiors, making Vela a symbol of high-end living in Dubai.
Vela by Omniyat offers competitive pricing for its ultra-luxury residences in the heart of Dubai. With a flexible payment plan designed to accommodate high-end buyers, investors can secure their dream home with a low initial down payment and staggered instalments over the course of the construction period.
Business Bay is a bustling commercial and residential district located in the heart of Dubai. Known for its iconic skyscrapers and vibrant city life, it is home to many high-end residential towers, luxury hotels, and businesses. Residents enjoy a cosmopolitan lifestyle with stunning views of the Dubai Canal and Burj Khalifa. The community is highly sought after by professionals and families alike due to its prime location and proximity to major landmarks and amenities.
Business Bay’s central location, modern infrastructure, and wide range of amenities make it one of the most desirable communities in Dubai, offering a high standard of living for both residents and visitors.
