Vela Dorchester Collection

Key facts

Handover

Q4 2027

Status

Under construction

Ownership

freehold

Property types

apartment, penthouse

Availability

Available

Payment plan

Available units

Amenities

• CCTV Security
• Indoor Swimming Pool
• Landscaped Gardens
• Restaurants
• Gymnasium
• Tennis Courts
• Children's Play Area

Location

Vela Dorchester Collection sits in The Vela Dorchester Collection.

Master plan

The developer’s own site plan for Vela Dorchester Collection, showing how the buildings, roads and open space sit together.

How Vela Dorchester Collection compares

Entry here is AED 43M, against a median of AED 2.0M across the 75 priced projects in Business Bay, which puts it above 73 of them and below 1. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q4 2027, alongside 250 other projects completing in the same quarter. Omniyat Group has 13 projects in our catalogue, 4 of them in Business Bay.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 5% on booking, 55% during construction and 40% at handover. At the AED 43,330,140 entry price, that is AED 2,167,000 to reserve a unit, AED 23,832,000 across the build, and AED 17,332,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 1,733,000 at this entry price. That 5% booking payment does not go to Omniyat Group directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 4,256 square feet at AED 43,330,140, which works out at AED 10,181 per square foot. Stated sizes run from 4,256 to 7,373 square feet.

Ownership and residency

Vela Dorchester Collection is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 4,256 square foot entry unit that is about AED 60,000 to AED 94,000 a year.

Who it suits

The development is apartments and penthouses in 3 to 5 bedroom layouts. Every layout is 3 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock.

What is on site

Shared facilities recorded for Vela Dorchester Collection lead with tennis courts, alongside the CCTV security, indoor swimming pool, landscaped gardens, restaurants, gymnasium and children's play area that most Dubai developments carry. 8 floor plans are published for it.

Frequently asked