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Vela Viento

Business Bay , Dubai

AED 20,000,000
≈ AED 20,000,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress18%
Bedrooms
2
Size
2,852 sqft
Price/Sqft
AED 7,013
Developer

Description

Vela Viento, an upcoming residential venture by OMNIYAT situated in Marasi Bay, Business Bay, epitomises luxury living. It is expertly managed by the esteemed Dorchester Collection, boasting a prestigious heritage dating back to 1989. The project consists of two towers accommodating 92 lavish residences, including 2 to 4-bedroom apartments, extraordinary 4-bedroom penthouses and a pair of exclusive 4-bedroom duplexes. Carefully designed by Gilles & Boissier, each dwelling ensures unmatched privacy with only a single unit per floor. The homes feature generous terraces that provide stunning panoramas of Marasi Bay, Downtown Dubai and the iconic Burj Khalifa.

Amenities & Features

Gym or Health Club
Swimming Pool
Conference Room
Security Staff
CCTV Security
24 Hours Concierge

Property Details

Property TypeApartment
DeveloperOmniyat
ProjectVela Viento
CommunityBusiness Bay
CompletionOff-Plan - Q2 2027
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 20,000,000
DLD Fee (4%)AED 800,000
Trustee FeeAED 4,200
Agency (2%)AED 400,000
Total InvestmentAED 21,204,200

Expected Annual Returns

Expected Annual RentAED 1,460,000
Service Charges (Est)-AED 42,780
Net Annual IncomeAED 1,417,220
Net Annual ROI6.7% (after expenses)
Payback Period15.0 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa1.8 km
Dubai Mall1.3 km
Dubai Airport (DXB)10.3 km
Mall of the Emirates12 km
Dubai Marina19.5 km