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This project: AED 36M · Live marketplace listing
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See what sold nearbyGolden Visa property investors need AED 2M or more; this project starts at AED 36M on record.
VELA, Dorchester Collection Dubai is off-plan and has no resales yet, so this shows the area trend
| Dec 2025 | AED 2,629/sq ft |
|---|---|
| Jan 2026 | AED 2,748/sq ft |
| Feb 2026 | AED 2,473/sq ft |
| Mar 2026 | AED 2,602/sq ft |
| Apr 2026 | AED 2,721/sq ft |
| May 2026 | AED 2,471/sq ft |
| Jun 2026 | AED 2,406/sq ft |
| Jul 2026 | AED 1,868/sq ft |
DLD sales transactions · Business Bay · monthly medians · Dec 2025 – Jul 2026
Business Bay
VELA, Dorchester Collection Dubai is an ultra-luxury branded residential tower by Omniyat on Marasi Bay in Business Bay. The project rises approximately 150 metres and is described as a 30-storey tower with only 38 residences, creating a very low-density residential offer for the Business Bay waterfront.
The development is designed by Foster + Partners, with interiors by Gilles & Boissier and management by Dorchester Collection. The residence mix spans three to five-bedroom Marina Residences, Sky Residences, penthouses and a singular Sky Palace of 22,992 sq ft across three floors. The current project description notes full-floor residences, private L-shaped pools, floor-to-ceiling glazing and direct views toward Burj Khalifa and Dubai Water Canal. Dorchester Collection's own material positions VELA around waterfront living, Marasi Bay views, marina access below the residences and a service-led lifestyle.
VELA's appeal is its combination of Omniyat development, Dorchester Collection hospitality, Foster + Partners architecture, large-format residences and a Business Bay waterfront location close to Downtown Dubai. It is not a mass-market apartment tower; it targets buyers who want privacy, brand management, dramatic views and very large floor plates. Current availability, final layouts, service charges and purchase terms should be verified before reservation because ultra-prime branded inventory changes quickly.
For buyers comparing VELA with other branded residences, the key differentiators are scale and service. A small number of full-floor or very large homes, private pools and Dorchester Collection management create a different ownership profile from typical Business Bay apartments. Due diligence should focus on the exact residence type, view protection, service-charge assumptions, branded-residence service scope, construction progress, handover date and the legal details of the payment plan before committing to a purchase.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
VELA, Dorchester Collection Dubai by Omniyat in Business Bay starts from AED 36,000,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
VELA, Dorchester Collection Dubai offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
VELA, Dorchester Collection Dubai is scheduled for completion in Q4 2026. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
VELA, Dorchester Collection Dubai by Omniyat in Business Bay offers strong investment potential. Business Bay is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
VELA, Dorchester Collection Dubai is developed by Omniyat, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
VELA, Dorchester Collection Dubai offers world-class amenities including Infinity-Edge Lap Pool, Triple-Height Gymnasium, Cinema Room, Children''s Play Areas, Meeting Rooms and 11 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.