Dubai’s Top 50: Exclusive Real Estate for Luxe Living & Investment – Branded Residences In-Depth Details

VELA

Completion Date: Q4 2026

Location: BUSINESS BAY

Dubai's Top 50: Exclusive Real Estate for Luxe Living & Investment – Branded Residences In-Depth Details
VELA

Vela, an ultra-luxury development by Omanyat, will be located on the Dubai Canal’s marina waterfront. This exclusive project will have 38 residences, including 3-4-bedroom Marina Residences, 3 & 4BR Sky Residences, 4-bedroom Penthouses, and a 5-bedroom Sky Palace spread across 3 floors with 2 swimming pools, a private gym, and a majlis.
Residents will have access to The LUNA hotel and One at Palm Jumeirah beach club, in addition to exceptional residential amenities. This stunning development features architecture by Foster + Partners and interior design by Gilles & Boissier, a French design firm.

Attributes

Gilles & Boissier, a French interior design firm, created stunning residences that reflect the beauty of Marasi’s waterfront. Every room boasts double height ceilings and floor-to-ceiling windows, allowing for breathtaking views. The interiors are light and spacious, reflecting a waterfront lifestyle, and will feature high-quality materials and finishes.

Facilities

  • Infinity lap pool
  • Spa suite & salon
  • Access to Luna hotel amenities
  • Access to One at Palm Jumeirah Beach Club
  • A la carte services
  • Triple-height gym
  • Children’s room
  • Meeting room & lounge
  • Cinema room

Local Amenities & Infrastructure

Supermarkets: Al Ryhan Minimart, New Way Grocery, F Mart Boutique, West Zone Fresh, Fairmart, Carrefour Market

Public Transport: BUS – Business Bay 2, Coral Tower 2, Canal Views Hotel Apartments 1 METRO – Dubai Mall

Schools/Nurseries: Creative Kids Early Learning Centre, North London Collegiate School, Blossom Downtown Nursery, JSS Private School

Medical Facilities: Midline Bay Medical Center, Hatoon Medical Center, Aster Clinic

Retail/F&B: The Maine, The Eloquent Elephant, Billionaire Mansion, Lock, Stock & Barrel

Petrol Station: Business Bay

Landmarks: The Burj Khalifa, The Dubai Mall, DIFC, Dubai Opera

Dubai's Top 50: Exclusive Real Estate for Luxe Living & Investment – Branded Residences In-Depth Details
VELA

Location Factors

    • Located along the canal boardwalk, overlooking floating villas and the Marina part of the Dubai Canal
    • Sits in front of Marasi Drive – key road connection to the Al Khail Road
    • Business center of the city
    • Close to most of the major attractions in Dubai
    • Great views of Downtown Dubai and Business Bay
  • Excellent surrounding infrastructure – everything within walking distance
  • Plenty of fine dining options nearby
  • 15 minutes to DXB Airport
  • 5 minutes to Downtown Dubai
  • 5 minutes from The Dubai Mall
  • Cosmopolitan luxury living in the heart of Dubai

Sizes & Prices

3 BR – 4,253 SQFT TO 6,361 SQFTFROM AED 30,000,000
4 BR – 7,262 SQFT TO 7,374 SQFTASK FOR DETAILS
Marina Residences
3 BR – 6,302AED 36,500,000
4 BR – 8,462AED 56,900,000
4 BR PENTHOUSE – 11,048 SQFT TO 11,727 SQFTAED 85,700,000
5 BR SKY PALACE – 22,992 SQFTASK FOR DETAILS
Sky Residences

Key Features

  • Penthouses and the 5BR Sky Palace feature double-height ceilings, private pools, and floor-to-ceiling windows to view the incredible surroundings
  • All residences come with expansive terraces that include seating and lounge areas
  • All master bedrooms include a separate dressing area and a lounge area in the bedroom
  • Private lift lobby in all residences
  • Every bedroom includes a bathroom and either a walk-in closet (WIC) or built-in wardrobes
  • Huge open-plan living/kitchen and dining area that overlooks the marina, as well as a separate formal living area in all units
  • All apartments include a maid’s room & bathroom, laundry, and powder room

In Close Proximity

  • 400m to supermarket
  • 850m to nursery
  • 1km to Al Khail Road
  • 1km to Business Bay 2 Bus Station
  • 1.3km to The Dubai Mall
  • 1.8km to medical clinic
  • 2.8km to petrol station
  • 5km to school

Things To Know

  • Service Charge: AED 45 per sqft
  • Allocated Parking: Yes
  • Resale Policy: Off-plan after 40% payment

Reasons To Buy

  • Fully managed and operated by The Dorchester Collection
  • Residents will have access to the adjacent The Lana Hotel amenities and Palm Jumeirah Beach Club
  • Well-established developer with many ultra-luxury, premium developments around Dubai
  • Total gross area of development is 272,860 sqft
  • Only 38 units
  • Architecture by Foster + Partners and design by Gilles & Boissier
  • Excellent location with great road connectivity
  • All amenities within walking distance from the building
  • Corner units have wraparound infinity pools
  • Freehold residences open to all nationalities
  • Good ROI potential, with an annual rental price for a 1BR unit at AED 58K in Business Bay
  • Perfect location for business professionals
  • Sits alongside the Dubai Canal, overlooking the waterfront
  • Excellent views

VELA

Developer Overview

As a privately held real estate development and service group in the Gulf region, Omniyat has been shaping the landscape since its establishment in 2005. Renowned for its commitment to delivering one-of-a-kind premium experiences, Omniyat has successfully crafted residential, commercial, hospitality, and retail spaces that epitomize luxury and innovation. Iconic projects like One The Palm and The Opus Building stand as testaments to Omniyat’s dedication to architectural excellence and lifestyle enhancement. Notably, the Vela project, a testament to their commitment to excellence, is fully managed and operated by the prestigious Dorchester Collection, underscoring Omniyat’s pursuit of unparalleled quality and service in every endeavor. With a focus on creating exceptional living environments, Omniyat continues to redefine the standards of luxury real estate in the Gulf region.