Vela
Business Bay , Dubai
AED 30,000,000
≈
AED 30,000,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress19%
Description
OMNIYAT presents VELA, a prestigious project located in the Burj Khalifa district. This exclusive development offers a limited number of 38 fully-furnished ultra-luxury residences, including Marina Residences, Sky Residences, Sky Palace and penthouses in 3 to 5-bedroom layouts. VELA is managed by the renowned Dorchester Collection and designed by renowned architects and designers Gilles & Boissier and Foster + Partners. These residences feature show and preparatory kitchens, a maid's room, dressing area, terraces and a private lift lobby. Select residences also boast L-shaped private swimming pools, offering breathtaking views of Marasi Bay, the Burj Khalifa and Downtown Dubai.
Amenities & Features
Balcony or Terrace
Lobby in Building
Gym or Health Club
Swimming Pool
Kids Play Area
Security Staff
CCTV Security
24 Hours Concierge
Property Details
CompletionOff-Plan -
Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 30,000,000
DLD Fee (4%)AED 1,200,000
Trustee FeeAED 4,200
Agency (2%)AED 600,000
Total
InvestmentAED 31,804,200
Expected Annual Returns
Expected Annual RentAED 2,550,000
Service Charges (Est)-AED 63,840
Net Annual
IncomeAED 2,486,160
Net Annual ROI7.8% (after expenses)
Payback Period12.8 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 Khalifa1.7 km
Dubai Mall1.3 km
Dubai Airport (DXB)10.4 km
Mall of the Emirates11.9 km
Dubai Marina19.4 km