Vela

• Developer: Omniyat
• Location: Business Bay, Dubai
• Property Type: Apartments & Penthouses
• Starting Price: AED 30M
• Payment Plan: 60/40
• Estimated Completion Date: Q4 2026

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.

Unit Types in Vela

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.

• Number of Units: 39
• Unit Types: 3-bedroom, 4-bedroom, 5-bedroom apartments
• Unit Sizes:
  • 3-bedroom apartment: 4,256 sq. ft to 6,361 sq. ft
  • 4-bedroom apartment: 7,337 sq. ft to 8,462 sq. ft
  • 5-bedroom apartment: 22,992 sq. ft
• Number of Floors: 4B+G+30 floors

Pricing & Payment Plans

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. 

Starting Price

• 3-bedroom apartments: AED 30M
• 4-bedroom apartments: AED 45M

Payment Plan

• Down Payment: 5%
• Pre Handover: 55%
  • 20% upon signing the SPA (Sales Purchase Agreement)
  • 10% within 12 months of SPA signing
  • 5% within 18 months of SPA signing
  • 5% within 24 months of SPA signing
  • 5% within 30 months of SPA signing
  • 10% within 36 months of SPA signing
• On Handover: 40%

Facilities in Vela

Building Features

• Vela stands as an architectural masterpiece designed by Foster + Partners, featuring a sleek and modern facade inspired by the fluidity of the Marasi Bay waterfront.
• The building’s curved structure and floor-to-ceiling glass windows offer stunning views of the Dubai Canal, Burj Khalifa, and the Downtown skyline.
• At 150 metres tall, Vela comprises 30 floors, with only 39 exclusive residences, providing a sense of privacy and exclusivity.
• Each residence enjoys direct access to private marina moorings, offering residents a seamless connection to the waterfront lifestyle.

Units Features

• Spacious three, four and five bedroom Marina Residences, Sky Residences, Penthouses, and a Sky Palace spread across 4,253 to 22,992 sq. ft.
• Select units feature double-height living spaces and private terraces with exclusive L-shaped corner pools.
• Each residence includes expansive balconies with panoramic views, providing an unmatched outdoor living experience.
• Private lifts for select units, ensuring ease and exclusivity in access.

Interior Features

• Interiors designed by renowned French duo Gilles & Boissier, combining modern elegance with serene luxury.
• High-end finishes with natural stone, custom woodwork, and bespoke lighting installations throughout.
• Fully-fitted kitchens equipped with premium appliances and state-of-the-art fixtures.
• Spacious master bedrooms with walk-in wardrobes, en-suite bathrooms featuring luxury marble finishes, and standalone bathtubs.

Building Amenities

• Infinity-edge lap pool overlooking the Dubai Canal and Downtown skyline.
• Triple-height gym with panoramic marina views, cinema room, and a private spa suite.
• Exclusive beach club access at One at Palm Jumeirah, managed by Dorchester Collection.
• Private yacht moorings, valet parking, 24/7 concierge, and bespoke services including in-residence dining and housekeeping.

About Business Bay, Dubai

Community Overview

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.

Notable Landmarks and Attractions

• Burj Khalifa
• Dubai Mall
• Dubai Opera
• Bay Avenue Mall & Park
• The Dubai Fountain
• Marasi Marina
• JW Marriott Marquis Hotel

Transport and Connectivity

• Sheikh Zayed Road (E11)
• Al Khail Road (E44)
• Business Bay Metro Station
• Dubai Water Canal for marine transport
• RTA Bus Services

Community Amenities

• Education: GEMS Wellington Primary School, Hartland International School
• Healthcare: Emirates Hospital Clinic, Medicare Hospital
• Shopping: Bay Avenue Mall, The Dubai Mall
• Parks and Recreation: Bay Avenue Park, Dubai Water Canal Promenade
• Leisure: Fitness centres, yacht clubs, and waterfront dining options along the canal

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.