Velor Tower

Business Bay · by Ginco Properties

HomesPenthouses
KeysQ4 2027
DeveloperGinco Properties

Homes in this building

Penthouse
3,000 sq ft · 5 baths · AED 2,750/sq ft
fromAED 8.25M

What's in the building

Parking
24-hour security

Payment plan

10% down, 50% before handover, 40% on handover

Construction

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

Expected handover: Q4 2027.

About this data: Mostly from listing portals and Dubai Land Department records. Our agent can confirm the details.

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Your monthly payment

AboutAED 31,285 a month

For a home of AED 8.25M

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: 10% down, 50% before handover, 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.