Dubai · Business Bay
From AED 44,000,000From $11,981,200From €10,705,200
($11,981,200)(AED 44,000,000)(AED 44,000,000)
Vela Dorchester Collection is an ultra-luxurious project from developer Omniyat, located on the Marasi Bay waterfront in the business district of Business Bay. The project is a 30-storey building with amazing architecture that combines minimalism, high-tech and modernism, and includes apartments Sky Residences and Marina Residences with 3-4 bedrooms, penthouses with 4 bedrooms and an exclusive Sky Palace with 5 bedrooms. The design and development was carried out by the famous bureau Foster + Partners. Residences of Vela Dorchester Collection have thoughtful comfortable layouts with spacious light rooms. High-quality materials are used in the decoration, and panoramic windows offer breathtaking views of the waterfront and the Dubai skyline. Residents are offered a wide range of world-class amenities, including a multi-functional gym, an infinity pool with panoramic views of the city, a spa, lounge areas and a cinema. A children's room is equipped for children. The complex also has a conference room, concierge services and 24-hour security with video surveillance. Thanks to its convenient location, residents will be able to quickly get to the city's attractions. Burj Khalifa and the Dubai Mall are just 5 minutes away, Dubai Water Canal and Safa Park are 10 minutes away, and Palm Jumeirah, Dubai Marina, Marina Mall and JBR beach are about 20 minutes away.
Calculated on starting price from AED 44,000,000.Calculated on starting price from $11,981,200.Calculated on starting price from €10,705,200.
Payment schedule shown is indicative — confirm exact stage amounts and dates with the developer before signing.
Booking & Downpayment
5%
On booking
5%
During construction
55%
2 instalments
20% + 4% DLD + 1090 AED Admin Fee — On signing SPA (within 30 days from booking date)
35% — During construction
Handover
40%
On completion
40% — On completion
AED 44,000,000–44,000,000$11,981,200–$11,981,200€10,705,200–€10,705,200
$11,981,200–$11,981,200AED 44,000,000–44,000,000AED 44,000,000–44,000,000
Inquire about 3 BR units →
AED 63,492,975–65,720,025$17,289,137–$17,895,563€15,447,841–€15,989,682
$17,289,137–$17,895,563AED 63,492,975–65,720,025AED 63,492,975–65,720,025
Inquire about 4 BR units →Shared Gym & Fitness Centre
SPA
Indoor Cinema
Social Zone
Sitting Area
Concierge Service
Storage Areas
Lobby
Retail Outlets
Lift
Laundry
Accessibility for people with disabilities
ATM Facility
Shared Pool
Broadband Internet
Kids’ Play Area
Dining outlets (coffee houses & restaurants)
Resting Areas
OMNIYAT is one of the innovative developers in Dubai that specializes in creating premium residential, commercial, hospitality and retail properties. The company was founded in 2005 and has established itself from the very beginning as a creator of unique projects. OMNIYAT has an impeccable business reputation and is known as a reliable developer that implements advanced technologies and respects construction deadlines.
View Omniyat Properties profile →MORE FROM DEVELOPER
BUSINESS BAY · DUBAI
Omniyat Properties
ENARA
Handover · 3Q 2028
From AED 78.2MFrom $21.3MFrom €19.0M
View →
BUSINESS BAY · DUBAI
Omniyat Properties
THE OPUS BY OMNIYAT
Handover · 4Q 2017
From AED 3.80MFrom $1.03MFrom €925K
View →
PALM JUMEIRAH · DUBAI
Omniyat Properties
ALBA DORCHESTER COLLECTION
Handover · 4Q 2028
From AED 18.2MFrom $4.96MFrom €4.43M
View →
PALM JUMEIRAH · DUBAI
Omniyat Properties
ORLA DORCHESTER COLLECTION
Handover · 1Q 2027
From AED 57.2MFrom $15.6MFrom €13.9M
View →
BUSINESS BAY · DUBAI
Omniyat Properties
VELA VIENTO
Handover · 1Q 2028
From AED 25.8MFrom $7.01MFrom €6.27M
View →MORE PROJECTS
BUSINESS BAY · DUBAI
Centurion Properties
BURJ CAPITAL BUSINESS BAY
Handover · 4Q 2028
From AED 2.74MFrom $746KFrom €667K
View →
BUSINESS BAY · DUBAI
The First Group
THE FIRST COLLECTION BUSINESS BAY
Handover · 1Q 2021
From AED 1.30MFrom $354KFrom €316K
View →
BUSINESS BAY · DUBAI
R.evolution
EYWA TREE OF LIFE
Handover · 4Q 2026
From AED 14.0MFrom $3.82MFrom €3.41M
View →
BUSINESS BAY · DUBAI
ANAX Developments
V-SUITES
Handover · 1Q 2027
From AED 1.67MFrom $454KFrom €406K
View →
BUSINESS BAY · DUBAI
IRTH Group
HQ BY ROVE
Handover · 1Q 2029
From AED 12.0MFrom $3.27MFrom €2.92M
View →
BUSINESS BAY · DUBAI
DAMAC Properties
CANAL CROWN 2 - ALTITUDE DE GRISOGONO
Handover · 1Q 2028
From AED 1.40MFrom $381KFrom €340K
View →TOP COMMUNITIES
Top emirate-ranked communities by 90-day price delta, gross yield and absorption velocity.
AREA
132 projects on sale
AREA
97 projects on sale
AREA
64 projects on sale
AREA
57 projects on sale
AREA
50 projects on sale
AREA
50 projects on sale
AREA
28 projects on sale
AREA
28 projects on sale
WRITTEN BY OUR DESK
Market notes, from our desk
COMMUNITIES · NOVEMBER 10 · 11 MIN
Al Marjan Island: What Wynn Changes and How Buyers Avoid Overpaying
Al Marjan Island in Ras Al Khaimah explained for buyers. What Wynn has confirmed, what is still expectation, how to read prices and what to check in the contrac
MARKETS · NOVEMBER 10 · 6 MIN
UAE Ranks Third in the 2026 Nomad Capitalist Lifestyle Index: What a 0.74-Point Gap Means for Buyers
Monaco scored 73.89 out of 100 in the 2026 Nomad Capitalist Lifestyle Index. Andorra scored 73.68. The UAE scored 73.15, which puts it third among 63 countries. Only 0.74 points separate first place from third. In a ranking built on five weighted pillars, that is a statistical ti
MARKETS · NOVEMBER 9 · 7 MIN
Dubai Rental Market Passes 1 Million Contracts: What the District Numbers Say
Dubai registered about 1.04 million rental contracts this year, the first time the count has gone past 1 million. That is 7.3% more than a year earlier. The combined value of those contracts reached AED 127.4 billion, up 17.6% from AED 108.3 billion. Value grew more than twice as
MARKETS · NOVEMBER 8 · 7 MIN
Anantara Breaks Ground in Umm Al Quwain: What Siniya Island Says About Northern Emirates Luxury
We track Umm Al Quwain closely, and on October 3, 2026 the emirate got its clearest signal yet. The foundation stone was laid for Anantara Siniya Island Resort and Anantara Residences, with Crown Prince Sheikh Rashid bin Saud bin Rashid Al Mualla attending the ceremony. Minor Hot
FINANCIAL · NOVEMBER 8 · 11 MIN
Abu Dhabi Rental Yield: Gross vs Net and Why Ads Show Higher Figures
Abu Dhabi rental yield explained by area: how gross and net yield are calculated, which costs ads leave out, and how Yas, Saadiyat and Al Reem Island compare.
MARKETS · NOVEMBER 7 · 6 MIN
Rockefeller Tower on Sheikh Zayed Road: 400 Metres or 372?
An 87-storey office tower has been announced for Sheikh Zayed Road, between the Business Bay and Burj Khalifa/Dubai Mall metro stations. The launch announcement puts its height at 400 metres. A separate published report gives 372 metres. Both sources agree on 87 storeys and a pla
COMMUNITIES · NOVEMBER 7 · 10 MIN
Reem Island in Abu Dhabi: Buy to Let and Still Exit Easily
Reem Island in Abu Dhabi for rental investors. Gross and net yield logic, service charges, resale liquidity, risks and who should skip it.
MARKETS · NOVEMBER 6 · 6 MIN
Dubai's 3.5 Million Trees by 2040: What the Greening Plan Means for Neighbourhood Liveability
Dubai Municipality has put a number on the city's canopy for 2040. It plans approximately 3.5 million trees across 187 square kilometres of green and cultivated areas. The targets were presented by the municipality's Director General at the Mohammed bin Rashid Leadership Forum, i
