Mirdad
Motor City · Union Properties
Off-PlanUnder Construction
Velos Residence
Motor City · Dubai
Starting from
AED 806,000
Studio, 1 & 2 BedroomsFrom 361 sq.ftApartments
About this project
CITYVIEW Developments, in partnership with Evolutions, has unveiled Velos Residence, an impressive new addition to the residential skyline of Motor City, Dubai. Rising 30 storeys high with two podium levels, Velos will feature 408 units, including fully furnished studios to spacious 1 and 2-bedroom apartments. Each residence in the off-plan project will come with interiors and kitchen appliances, combining comfort with smart functionality.
Spanning over 81,000 sq. ft. , Velos Residence will feature an extensive selection of premium amenities designed to enhance modern urban living. These will include a rooftop infinity pool, padel and basketball courts, state-of-the-art gyms, co-working lounges, outdoor cinema, kids’ play zones and a Mediterranean-style garden.
Features
- Gym or Health Club
- Swimming Pool
- Kids Play Area
Run the numbers
Estimated monthly payment
AED 3,493
On a AED 644,800 loan over 25 years
Cash required upfront
Down payment20%AED 161,200
DLD transfer fee4% + AED 520AED 32,760
Agency fee2% + VATAED 16,926
Trustee office feeAED 4,200
Mortgage registration0.25% + AED 290AED 1,902
Total upfrontAED 216,988
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 Motor City
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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