VELA, Dorchester Collection, Dubai

Business Bay (Marasi Bay) · by Omniyat · Branded: Dorchester Collection

VELA, Dorchester Collection, Dubai: exterior, photo 1 of 12VELA, Dorchester Collection, Dubai: exterior, photo 2 of 12VELA, Dorchester Collection, Dubai: exterior, photo 3 of 12VELA, Dorchester Collection, Dubai: exterior, photo 4 of 12VELA, Dorchester Collection, Dubai: exterior, photo 5 of 12VELA, Dorchester Collection, Dubai: aerial, photo 6 of 12VELA, Dorchester Collection, Dubai: interior living, photo 7 of 12VELA, Dorchester Collection, Dubai: interior living, photo 8 of 12VELA, Dorchester Collection, Dubai: interior bedroom, photo 9 of 12VELA, Dorchester Collection, Dubai: interior bedroom, photo 10 of 12VELA, Dorchester Collection, Dubai: interior bathroom, photo 11 of 12VELA, Dorchester Collection, Dubai: view, photo 12 of 12
Homes3-bed – 4-bed
KeysQ4 2027
Homes in total38
DeveloperOmniyat

What stands out

  • 38 residences including penthouses
  • Foster + Partners architecture, Gilles & Boissier interiors
  • views of Marasi Bay and Burj Khalifa

Homes in this building

3-bed
4,253 – 6,361 sq ft · AED 10,188/sq ft
fromAED 43.33M
4-bed
7,368 sq ft · AED 8,617/sq ft
fromAED 63.49M
Penthouse
7,337 – 11,727 sq ft · AED 8,654/sq ft
fromAED 63.49M

What's in the building

L-shaped corner private pools
Sky Palace with two pools, private gym and majlis
Marasi Bay marina arrival
Water features and quadruple-height colonnade

Payment plan

5% booking, 55% during construction, 40% on handover

Construction

The Dubai Land Department hasn't published a progress figure for this project yet.

Expected handover: Q4 2027 (official); Dec 2027.

About this data: From the developer's published details, with some figures from listing portals.

More in Business Bay & d3

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VELA, Dorchester Collection, Dubai12 photos
VELA, Dorchester Collection, Dubai: exterior, photo 1 of 12VELA, Dorchester Collection, Dubai: exterior, photo 2 of 12VELA, Dorchester Collection, Dubai: exterior, photo 3 of 12VELA, Dorchester Collection, Dubai: exterior, photo 4 of 12VELA, Dorchester Collection, Dubai: exterior, photo 5 of 12VELA, Dorchester Collection, Dubai: aerial, photo 6 of 12VELA, Dorchester Collection, Dubai: interior living, photo 7 of 12VELA, Dorchester Collection, Dubai: interior living, photo 8 of 12VELA, Dorchester Collection, Dubai: interior bedroom, photo 9 of 12VELA, Dorchester Collection, Dubai: interior bedroom, photo 10 of 12VELA, Dorchester Collection, Dubai: interior bathroom, photo 11 of 12VELA, Dorchester Collection, Dubai: view, photo 12 of 12

Your monthly payment

AboutAED 164,315 a month

For a home of AED 43.33M

Loan
Interest over the term
Fees at transfer, about
Cash needed up front

Off-plan homes are usually paid to the developer while they're built (here: 5% booking, 55% during construction, 40% on handover), and banks lend on the balance near handover; before completion they lend at most 50%.

Assumes a UAE resident expat buying a first home: banks lend up to 80% (70% above AED 5M) for up to 25 years, and fixed rates run about 3.75–5% today. Fees: 4% DLD transfer fee, 0.25% mortgage registration and about 1% to the bank. An estimate, not a loan offer.