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Vela

Business Bay, Dubai · Omniyat

Price from AED 43,000,000

Project facts

Developer
Omniyat
District
Business Bay
Emirate
Dubai
Status
Under construction
Handover
Q4 2026
Construction progress
50%
Price per m²
AED 87,688
Units
40
Floors
30
Project area
28,038 m²
Project type
Residential building
Ownership
Freehold
Escrow account
Abu Dhabi Commercial Bank
Service charge
484 AED per m² per year

Floor plans and prices

TypeAvailableAreaPrice
3 bedrooms323 m² (3,475+ sq ft)AED 43,000,000
4 bedrooms566–1,026 m² (6,090+ sq ft)AED 63,000,000 – AED 90,000,000

Developer payment plan

  • 25%on booking
  • 35%during construction
  • 40%on handover

On top of the price: DLD fee 4%

Amenities

  • Pool
  • Gym
  • Kids' play area
  • Events hall
  • Branded
  • Cinema room
  • Spa

Location

Business Bay, Dubai. Open on the map

Questions and answers

How much does a home in Vela cost?

Prices start from AED 43,000,000.

When is the handover of Vela?

The planned handover date is Q4 2026.

Who is the developer of Vela?

The project is developed by Omniyat.

What is the payment plan for Vela?

25% on booking · 35% during construction · 40% on handover.

Where is Vela located?

Business Bay, Dubai.

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