Vela by Omniyat is an iconic 31-storey ultra-luxury residential tower rising along the Dubai Water Canal in Business Bay. Crafted by globally acclaimed Foster + Partners and managed by Dorchester Collection, Vela brings together avant-garde architecture, bespoke interiors by Gilles & Boissier, and a limited collection of only 38 residences – including signature apartments, penthouses, and a 3-storey Sky Palace.
Positioned just minutes from Downtown Dubai and Burj Khalifa, Vela by Omniyat redefines canal-front living with dramatic double-height spaces, private terrace pools, and panoramic views of Marasi Bay and the Dubai skyline.
Property Details
Feature | Details |
Property Name | Vela by Omniyat |
Developer | Downtown Creek Real Estate Development (Omniyat Group) |
Master Developer | Dubai Properties Group |
Location | Business Bay, Dubai (Dubai Water Canal) |
Architects | Foster + Partners & Rice Perry Ellis |
Interior Design | Gilles & Boissier |
Main Contractor | Arabian Construction Company |
Property Types | Apartments, Penthouses, Sky Palace |
Unit Types | 3, 4 & 5 Bedrooms |
Unit Sizes | 4,253 – 22,992 Sq. Ft |
Total Units | 38 Exclusive Residences |
Starting Price | AED 30,300,000 |
Project Value | AED 203,000,000 |
Handover Date | Q4 2026 (Estimated) |
Ownership | Freehold |
Height | 150 meters (492 ft) |
Basements | 4 Levels (Parking) |
Views | Marasi Bay, Burj Khalifa, Dubai Canal |
Features & Amenities
- Infinity lap pool floating above the marina
- L-shaped private terrace pools in select units
- Triple-height gym with panoramic marina views
- Exclusive spa suite, sauna, steam & beauty salon
- World-class dining and in-residence catering
- 24/7 concierge, porter, valet & housekeeping services
- Cinema room and lounge
- Meeting rooms & business facilities
- Kids’ play areas
- Golf buggy shuttle to The Lana (Omniyat)
- Exclusive access to private beach club at One at Palm Jumeirah
Location & Connectivity
Located in the heart of Business Bay, Vela offers seamless access to Dubai’s most iconic locations:
- 5 mins – Downtown Dubai / Burj Khalifa
- 8 mins – Dubai Mall
- 10 mins – Dubai International Financial Centre (DIFC)
- 15 mins – Dubai International Airport
- 20 mins – Jumeirah Beach
- Direct access to Sheikh Zayed Road & Marasi Promenade
Payment Plan
(Flexible plans available upon request. Details to be confirmed by developer.)
Floor Plans
Unit Type | Size Range | Category |
3-Bedroom Apartment | 4,253 – 6,361 Sq. Ft | Apartment |
4-Bedroom Apartment | 6,302 – 8,462 Sq. Ft | Apartment |
5-Bedroom Apartment | 7,351 – 11,727 Sq. Ft | Apartment |
Penthouses | Custom Sizes | Penthouse |
Sky Palace (Triplex) | 22,992 Sq. Ft | Sky Palace |
(Full floor plans available upon request.)
Why Invest in Vela by Omniyat
- Prime canal-facing location in Business Bay
- Limited-edition units – only 38 residences
- Designed by Foster + Partners, interiors by Gilles & Boissier
- Managed by Dorchester Collection – 5-star hospitality
- Impressive capital appreciation & strong ROI potential
- Record-breaking transactions (up to AED 74M) prove high demand
- Access to Omniyat’s ultra-luxury lifestyle network
- Freehold ownership open to all nationalities
Recent Sales Transactions at Vela by Omniyat
Date | Unit Size | Price (AED) | Price/Sq. Ft |
22 May 2024 | 8,462 Sq. Ft | AED 74,042,191 | AED 8,750 |
18 Aug 2025 | 8,462 Sq. Ft | AED 62,000,008 | AED 7,327 |
11 Feb 2025 | 7,351 Sq. Ft | AED 50,318,100 | AED 6,845 |
27 May 2024 | 6,047 Sq. Ft | AED 44,602,500 | AED 7,376 |
20 Aug 2024 | 6,302 Sq. Ft | AED 42,903,000 | AED 6,808 |
26 Jun 2024 | 5,988 Sq. Ft | AED 36,417,229 | AED 6,082 |
26 Jan 2024 | 4,257 Sq. Ft | AED 28,813,500 | AED 6,769 |
Verified by Dubai Land Department | Off-plan Registrations
FAQs About Vela by Omniyat
Q1: What is the starting price at Vela by Omniyat?
A: Prices start from AED 30.3 million.
Q2: What types of residences are available?
A: 3 to 5-bedroom apartments, penthouses, and a triplex Sky Palace.
Q3: Who is managing the property?
A: Dorchester Collection, known for luxury hospitality globally.
Q4: When is the expected handover?
A: Handover is scheduled for Q4 2026.
Q5: Is Vela by Omniyat a freehold property?
A: Yes, it offers freehold ownership for all nationalities.
Contact Cresco Real Estate Today
📞 Call: +971 52 102 1429
📧 Email: info@crescorealestate.ae
Request pricing, floor plans, brochures, and VIP availability for Vela by Omniyat in Business Bay.