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Velor Tower, Business Bay

Velor Tower in Business Bay, Dubai is an off-plan project from AED 8.3M, handover 29 May 2027, by Ginco Properties. Review 4 Bed across apartments, penthouses, Pre-handover schedule: 60%, Post-handover schedule: 40%, 3 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Business Bay, Dubai

From price

AED 8.3M

Bedrooms

4 Bed

Size range

3,000 - 3,000 sqft

Handover

29 May 2027

Median PSF

AED 2,770

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 Velor Tower

Velor Tower is tracked by PropertyStellar as an off-plan opportunity in Business Bay, Dubai by Ginco Properties. 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 4 Bed across apartments, penthouses. Handover is listed for 29 May 2027.

Developer: Ginco Properties
Unit mix: 4 Bed across apartments, penthouses
Handover: 29 May 2027

Prices and Unit Types

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

3 unit typesplans available

Apartments

From AED 8.2M

4 Bed

4BR Apartments

Area

3,000 sqft

Price

AED 8.2M-18.3M

Penthouses

From AED 8.3M

4 Bed

4BR Penthouses

Area

3,000 sqft

Price

AED 8.3M-8.6M

5 Bed

5BR Penthouses

Area

6,017 sqft

Price

--

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

29 May 2027

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.

Community benchmark

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
25 Jun 20262 BedapartmentAED 9.5M
25 Jun 20264plus BedapartmentAED 5.5M
25 Jun 20263 BedapartmentAED 3.6M
25 Jun 20262 BedapartmentAED 3.4M
25 Jun 20262 BedapartmentAED 3.4M

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

Waldorf Astoria Residences Dubai Business Bay

Nabni Developments

AED 8.6MDirect project evidence

Eywa Way of Water

R. Evolution

AED 9.0MCommunity benchmark

Burj Binghatti Jacob & Co Residences

Binghatti Developers

AED 9.2MDirect project evidence

Jumeirah Living Business Bay

Select Group

AED 9.5MDirect project evidence

Peninsula Five Waterfront Duplexes

Select Group

AED 7.0MDirect project evidence

Lifestyle & Amenities

Gym or Health Club
Swimming Pool
Kids Play Area
Data detailscollapsed

Developer

Ginco Properties

Project reference

21178

DLD reference

3392

Official status

Advisor check

Service charge

AED 19.9/sqft/yr

Launch

TBC

Handover

29 May 2027

Last refreshed

16 Jun 2026

Transaction scope

Community benchmark

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Velor Tower?

Velor Tower starts from AED 8.3M based on the currently available off-plan records.

When is the handover date for Velor Tower?

Velor Tower handover is listed for 29 May 2027.

Who is the developer of Velor Tower?

Velor Tower is listed by Ginco Properties.

What unit types are available at Velor Tower?

Velor Tower currently shows 4 Bed across apartments, penthouses.

What payment plan is offered for Velor Tower?

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

What amenities does Velor Tower offer?

Velor Tower amenities include Gym or Health Club, Swimming Pool, Kids Play Area.

Is Velor Tower a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 2,770, 10,189 community sales in 12 months, community rent benchmark AED 1.0M.

Where is Velor Tower located?

Velor Tower 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 Velor Tower?

Velor Tower currently has 3 floor-plan signals in the available records.

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