Vela

Project description

Vela is a real estate development located in Dubai's Business Bay district. The project is proposed and managed by the developer Omniyat, in collaboration with numerous partners. A luxurious, exclusive program in a particularly attractive location. Dubai Immo offers you acomplete analysis of this project, which is due to be completed by the end of 2026: description of the area and apartments, presentation of services, rates and payment plan...

Business Bay, the ideal area for real estate investment in Dubai

The Vela real estate project is located in Business Bay. A particularly well-located district. Investors and residents will have quick access to Al Khail Road and Finance Center Road, and then to Dubai's main tourist, cultural and financial hotspots.

Dubai International Airport (DXB) is just 20 minutes away by car. Al Maktoum International Airport is 40 minutes away. Ras Al Khor Wildlife Sanctuary is 10 minutes away. The Meydan Academy and Driving Range and Safa Park are just 15 minutes away by car!

Facilities and services at the Vela residence by Omniyat

The Vela real estate project is an exceptional program. It is one of the most luxurious and exclusive in Business Bay:

• The tower's architecture and exterior are by Foster + Partners
• The interiors of the apartments were designed by Gilles & Boissier

The services offered are managed in collaboration with the Dorchester Collection hotel group. Here are some of the services you can expect:

• Spa
• Outdoor swimming pool
• Private pools
• Meeting room
• Private cinema
• 24/7 security
• Valet parking
• Parking
• Concierge service
• Maintenance service
• Cleaning service
• Special events (dinners)
• Florist

Apartments in Vela - Business Bay

The Vela residence will comprise just 38 units. All apartments will be luxurious and some will have their own private swimming pool:

• 23 3-bedroom apartments, 6 of which will have their own private swimming pool
• 11 4-bedroom apartments with private swimming pools will also be on sale.
• 3 high-rise penthouses with private swimming pools will also be available.

Finally, at the very top of the tower, you'll also find the 22,992 m² "Sky Palace", an ultra-luxurious 5-bedroom apartment on 3 floors, with 2 swimming pools, beautiful terraces and a private gym. Each apartment will feature large bay windows, letting in natural light and offering sumptuous views of Marasi Bay or the Burj Khalifa.

Apartment prices in Vela Dubai

• 3-bedroom apartments, from 30,000,000 AE, or 7,450,000 euros
• 4-bedroom apartments, from CONSULT US
• Penthouse, from CONSULT US
• Sky Palace, from CONSULT US

Payment plan and financing

The Omniyat developer offers an interest-free payment schedule, which breaks down as follows:

• 5% to be paid on reservation + 4% notary's fees (DLD)
• 55% to be paid during construction, in six installments
• 40 to be paid on completion of work