Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Rising high above the gentle flow of the Marasi Bay, VELA, Dorchester Collection, Dubai, is a sublime celebration of contemporary waterfront in Dubai. Within the wonderful care of Dorchester Collection’s legendary service, a lifestyle of comfort and ease awaits. Inspiring architecture, spacious design and wonderful views meet to create a place of true beauty.
VELA has been positioned to capture breathtaking views of Marasi Bay and the iconic Burj Khalifa amid the glittering Downtown Dubai cityscape. Floor to ceiling windows flood the living area with light by day, as well as awe-inspiring views by night. Brought to you by OMNIYAT, VELA has been orchestrated by a harmony of the world’s leading design consultants. Creators of global architectural masterpieces, award-winning practice Foster + Partners designed VELA to embody the fluidity and beauty of the Marasi waterfront. To deliver the ultimate expression of VELA’s rare beauty, French interior designer duo, Gilles and Boissier, have bought their distinctive taste to VELA in ways that are both striking yet serene.
Finishing and materials
Parisian designer duo Gilles & Boissier have brought their signature refined design to the forefront of OMNIYAT’s properties once again. Drawing inspiration from their celebrated work on The Lana Residences, the interiors of VELA exude a striking yet serene ambiance.
Kitchen and appliances
Fully equipped kitchen
Furnishing
Fully furnished apartments designed by Gilles and Boissier
Location description and benefits
Spectacularly located in the Burj Khalifa District, VELA is the addition to OMNIYAT’s upcoming ultra-luxury waterfront destination, curated with discretion and discernment by Dubai’s defining developer. Drawing success from the neighboring The Lana Hotel and Residences, Dorchester Collection, Dubai, and inspired by OMNIYAT’s vision to reshape Marasi Bay, VELA embodies the higher realms of possibility and sophistication that is set to define this iconic destination.
In a re-imagined approach to urban living, OMNIYAT is reshaping Marasi Bay into Dubai’s upcoming ultra-luxury waterfront destination, envisioned with discretion and discernment by Dubai’s defining developer. Occupying the most fascinating and promising location in Burj Khalifa District, here innovation and expertise converge to celebrate the best of waterfront living, fuelled by the unstoppable flow of Dubai.
Available unit types
2 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.
3 bedrooms
6361 sqft
4 bedrooms
7373 sqft
Range across 2 layout variants
Payment planInterest-free during construction
- 1.5%
On booking
- 2.55%
During construction
- 3.40%
Upon Handover (Q4 2026)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 5% | 2,166,507 | 589,940 | 589,940 |
| 2 | Between booking and Q4 2026 | During construction | 55% | 23,831,577 | 6,489,338 | 7,079,278 |
| 3 | Q4 2026 | Upon Handover (Q4 2026) | 40% | 17,332,056 | 4,719,519 | 11,798,797 |
| Total | 100% | AED 43,330,140 | USD 11,798,797 | |||
Cash-flow shape: 60% during the construction period (5% upon booking, 55% across milestones), 40% at handover (Q4 2026).
0% interest during construction — no APR, no compounding.
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Amenities
9 features
Location
25.19039, 55.28917
Nearby
- Kids Castle Nursery in Down Town0.4 km
- South Ridge Park1.8 km
- Dubai Mall Chinatown3.5 km
- Mercato Beach6.2 km
- Dubai International Airport12.9 km
- Downtown Dubai1.6 km
About Business Bay
Working-professional + investor mix; central Dubai location A look at the original masterplan published by the developer at the time of the launch of Business Bay.
Explore Business BayAbout Omniyat
Omniyat, founded in 2005, is a visionary Dubai-based developer known for redefining luxury through architecture and design. Driven by a concept they call "The Art of Elevation," Omniyat creates immersive living experiences that combine creativity, quality, and rarity. Each project is a curated work of art, merging purpose, design, and innovation to push the boundaries of luxury living. Collaborating with industry icons like Zaha Hadid and Norman Foster, as well as partnering with hospitality leaders such as the Dorchester Collection, Omniyat has set new standards for excellence both in the UAE and globally. This commitment to exceptionalism has established Omniyat as a key player in shaping Dubai’s reputation as a destination for the world’s most discerning residents and investors.
Building details
3, 4 bedroom Marina Residences & 4 bedroom Penthouses & 3. 4 bedroom Sky Residences & 5 bedroom Sky Palace
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Sky palace | 5 | 5 |
| Apartment | 3.5 | 2 |
| Apartment | 4.5 | 3 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
from AED 43,330,140
≈ USD 11,798,797
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