Off-PlanUnder Construction
Vela
Business Bay · Dubai
Starting from
AED 30,000,000
3, 4 & 5 BedroomsFrom 4,256 sq.ftApartments
About this project
OMNIYAT presents VELA, a prestigious project located in the Burj Khalifa district. This exclusive development offers a limited number of 38 fully-furnished ultra-luxury residences, including Marina Residences, Sky Residences, Sky Palace and penthouses in 3 to 5-bedroom layouts. VELA is managed by the renowned Dorchester Collection and designed by renowned architects and designers Gilles & Boissier and Foster + Partners. These residences feature show and preparatory kitchens, a maid's room, dressing area, terraces and a private lift lobby. Select residences also boast L-shaped private swimming pools, offering breathtaking views of Marasi Bay, the Burj Khalifa and Downtown Dubai.
Features
- Balcony or Terrace
- Lobby in Building
- Gym or Health Club
- Swimming Pool
- Kids Play Area
- Security Staff
- CCTV Security
- 24 Hours Concierge
Run the numbers
Estimated monthly payment
AED 113,765
On a AED 21,000,000 loan over 25 years
Cash required upfront
Down payment30%AED 9,000,000
DLD transfer fee4% + AED 520AED 1,200,520
Agency fee2% + VATAED 630,000
Trustee office feeAED 4,200
Mortgage registration0.25% + AED 290AED 52,790
Total upfrontAED 10,887,510
Indicative figures for guidance only, based on published DLD rates. They are not a mortgage offer, valuation, or financial advice. Speak to our team for a personalised breakdown.
Also launching
More in Business Bay
Off-plan is one part of what we do.
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Our consultants place off-plan across every developer on this list rather than for any one of them, so the recommendation is not decided before you ask. Send us anything on this page, or a project you have been shown elsewhere.
What you get back
- The full cost
- The 4% Land Department transfer fee, the service charge from handover, and the developer's own handover charges. Not the headline price.
- The developer's record
- What they have delivered before, whether it landed on time, and what the finished specification actually committed to.
- The competition
- What else completes in the same community in the same year, because that is what you will be selling or renting against.
- A straight no
- When the numbers do not work, we say so. We would rather place you in something completed than sell you a wait.
Working across Emaar, DAMAC, Nakheel, Sobha, Ellington, Arada and Modon