Vela

Vela is an under-construction residential project by Omniyat in Business Bay, Dubai. Published unit types include 3-bedroom apartment (from 4,257 sq ft), 4-bedroom apartment (from 7,351 sq ft) and 3-bedroom penthouse (from 6,302 sq ft). Prices start from AED 30,000,000. The published handover date is Q4 2026. Construction was reported as 50% complete. The published payment plan (60/40 plan) is: Down Payment 5%, Pre Handover – Payment Schedule 55%, On Handover 40%. Nearby areas include Downtown Dubai, Sheikh Zayed Road, DIFC, City Walk and Al Satwa. Details were checked on 6 November 2026. Confirm availability, final prices and the payment schedule with the developer before booking.

Omniyat · Business Bay, Dubai, United Arab Emirates

Launch price: AED 30,000,000. Current starting price: AED 30,000,000.

Handover: Q4 2026. Construction: Under construction.

Payment plans

60/40 plan

• Down Payment: 5%
• Pre Handover – Payment Schedule: 55%
• On Handover: 40%

Configurations

• 3-bedroom apartment — 3 bedrooms; 4257 sq ft; Not specified; Price on request
• 4-bedroom apartment — 4 bedrooms; 7351 sq ft; Not specified; Price on request
• 3-bedroom penthouse — 3 bedrooms; 6302 sq ft; Not specified; Price on request

Information checked: 2026-11-06. Prices and availability require confirmation with the seller.