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Vela by Omniyat, Business Bay

Vela by Omniyat in Business Bay, Dubai is an off-plan project from AED 24.7M, handover 30 Dec 2026, by Omniyat. Review 2 Bed - 4 Bed across apartments, penthouses, Pre-handover schedule: 60%, Post-handover schedule: 40%, 8 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Business Bay, Dubai

From price

AED 24.7M

Bedrooms

2 Bed - 4 Bed

Size range

3,799 - 11,048 sqft

Handover

30 Dec 2026

Median PSF

AED 7,224

Advisor support

Get latest availability / payment plan

Confirm current prices, unit availability, incentives and payment terms before shortlisting.

Community Intelligence

Location and Nearby: Business Bay

Community-level evidence for this project location.

Median sale

AED 30.2M

AED 3,717 / sqft

Recent sales

10,189

1,025 in 3m

Rental benchmark

AED 1.0M

AED 136 / sqft

Off-plan supply

137

tracked projects

About Vela by Omniyat

Vela by Omniyat is tracked by PropertyStellar as an off-plan opportunity in Business Bay, Dubai by Omniyat. This page combines project data, unit-type ranges, and community market evidence so investors can review the opportunity before requesting current availability. The visible unit mix covers 2 Bed - 4 Bed across apartments, penthouses. Handover is listed for 30 Dec 2026.

Developer: Omniyat
Unit mix: 2 Bed - 4 Bed across apartments, penthouses
Handover: 30 Dec 2026

Prices and Unit Types

Compare bedroom mix, size and price ranges. Floor-plan buttons appear only where an image is available.

6 unit typesplans available

Apartments

From AED 17.6M

2 Bed

2BR Apartments

Area

3,799 sqft

Price

AED 24.7M

3 Bed

3BR Apartments

Area

4,256 - 6,361 sqft

Price

AED 17.6M-44.0M

4 Bed

4BR Apartments

Area

7,337 - 8,462 sqft

Price

AED 60.0M-65.7M

5 Bed

5BR Apartments

Area

22,992 sqft

Price

--

Penthouses

From AED 42.5M

3 Bed

3BR Penthouses

Area

6,302 - 6,302 sqft

Price

AED 42.5M-44.0M

4 Bed

4BR Penthouses

Area

11,048 - 11,727 sqft

Price

AED 90.8M

Payment Plan

Milestone% value
Pre-handover schedule
60%
Post-handover schedule
40%

Handover and Construction Status

Confirm handover and construction status before booking because developer release schedules and incentives can change.

Handover

30 Dec 2026

Launch

TBC

Construction status

To verify

Last refreshed

16 Jun 2026

Dubai Land Department

Official Project Status

Not enough verified official data is available yet. We will update this section once the evidence is stronger.

Advisor check

Official status

Advisor check

Review status

To verify

Last inspection

22 Jun 2026

Developer record

strong

Area service charge

Business Bay Service-Charge Benchmark

DLD Service Charge Index benchmark from official records available for this community.

Details

Median

AED 19.9/sqft/yr

Average

AED 21/sqft/yr

Range

AED 0.3/sqft/yr - 54/sqft/yr

Records reviewed

79

Service-charge recordYearAED/sqft
Dorchester Collection Dubai - Dorchester Collection Dubai - Business Bay2026AED 54/sqft
Jumeirah Living Business Bay - Business Bay2026AED 40/sqft
Bay Square - 08 - Business Bay2026AED 38/sqft
Bay Square - 09 - Business Bay2026AED 33/sqft

Evidence

Comparable Project Evidence & Trends

Recent project evidence where available, with community benchmark evidence when direct project records are not strong enough yet.

Project-level evidence

Matched sales

50

50 in 12m

Matched median sale

--

-- / sqft

Latest verified sale

TBC

Project-level evidence

Community sales

10,189

1,025 in 3m

Community rent

AED 1.0M

AED 136 / sqft

Period trend series is not available for this community snapshot yet.

Recent Sales

DateBedsTypeSale
27 Apr 20264plus BedapartmentAED 60.7M
7 Apr 20263 BedapartmentAED 28.8M
10 Feb 20254plus BedapartmentAED 50.3M
20 Aug 20243 BedapartmentAED 42.9M
26 Jun 20243 BedapartmentAED 36.4M

Recent Rentals

DateBedsTypeRent
25 Jun 20263 BedapartmentAED 193K
25 Jun 20263 BedapartmentAED 174K
24 Jun 20262 BedapartmentAED 245K
24 Jun 20262 BedapartmentAED 235K
24 Jun 20263 BedapartmentAED 197K

Comparable Projects

Comparable projectFromEvidence

Wedyan The Canal

Al Ghurair Development

AED 25.0MCommunity benchmark

Vela Viento

Omniyat

AED 25.4MDirect project evidence

Bugatti Residences by Binghatti

Binghatti Developers

AED 26.2MDirect project evidence

The Ritz-Carlton Residences

Khamas Group of Investment Co's

AED 13.5MDirect project evidence

Eywa Tower

R. Evolution

AED 13.4MDirect project evidence

Lifestyle & Amenities

Balcony or Terrace
Lobby in Building
Gym or Health Club
Swimming Pool
Kids Play Area
Security Staff
CCTV Security
24 Hours Concierge
Data detailscollapsed

Developer

Omniyat

Project reference

18401

DLD reference

1146

Official status

Advisor check

Service charge

AED 19.9/sqft/yr

Launch

TBC

Handover

30 Dec 2026

Last refreshed

16 Jun 2026

Transaction scope

Direct project evidence

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Vela by Omniyat?

Vela by Omniyat starts from AED 24.7M based on the currently available off-plan records.

When is the handover date for Vela by Omniyat?

Vela by Omniyat handover is listed for 30 Dec 2026.

Who is the developer of Vela by Omniyat?

Vela by Omniyat is listed by Omniyat.

What unit types are available at Vela by Omniyat?

Vela by Omniyat currently shows 2 Bed - 4 Bed across apartments, penthouses.

What payment plan is offered for Vela by Omniyat?

Pre-handover schedule: 60%, Post-handover schedule: 40%

What amenities does Vela by Omniyat offer?

Vela by Omniyat amenities include Balcony or Terrace, Lobby in Building, Gym or Health Club, Swimming Pool, Kids Play Area, Security Staff.

Is Vela by Omniyat a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 7,224, 50 verified sales rows, 10,189 community sales in 12 months, community rent benchmark AED 1.0M.

Where is Vela by Omniyat located?

Vela by Omniyat is located in Business Bay, Dubai. Compare it with other off-plan projects in Business Bay and the community intelligence page before shortlisting.

Are floor plans available for Vela by Omniyat?

Vela by Omniyat currently has 8 floor-plan signals in the available records.

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