Reemah Elite Real Estate
AI Advisor
Projects·Dubai·Marasi Bay (Business Bay)
Vela, Dorchester Collection, branded residences in Marasi Bay (Business Bay), Dubai, by Omniyat
Under ConstructionBranded Residences

Vela, Dorchester Collection

Marasi Bay (Business Bay) · Dubai · by Omniyat
Details are indicative, confirm with our desk before transacting
Price from
AED 32M
to AED 130M
Bedrooms
3-4BR
Branded Residences
Handover
2027
Under Construction
Est. gross yield
On ask

Omniyat is building Vela, Dorchester Collection, a branded residence in Marasi Bay (Business Bay), Dubai, offering 3-4BR. On the 60/40 split, AED 6,400,000 falls at booking and AED 1,280,000 goes to the Dubai Land Department as the 4 percent transfer fee, AED 7,680,000 to begin, registration charges on top. The keys are due 2027, roughly 15 months away, by which point AED 19,200,000 of the AED 32,000,000 will have fallen due.

Why it makes the list
  • Dorchester Collection service alongside The Lana hotel
  • Low-density design by Foster + Partners on the Marasi Bay waterfront
  • Among the highest per-square-foot launches in Business Bay history
Payment structure
60/40
Modelled on entry price AED 32M
Booking / down payment20% · AED 6,400,000
During construction40% · AED 12,800,000
On handover40% · AED 12,800,000

Milestone-based schedule; limited collection of residences. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Vela, Dorchester Collection: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 6,400,000
DLD fee4%
AED 1,280,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 7,684,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
OM
Developer
Omniyat
Tier 2 developer · Portfolio of landmark ultra-luxury developments since 2005 (One Palm, The Opus, The Lana) · since 2005
Track record →
Data provenance

Details for Vela, Dorchester Collection are maintained by our research desk and reconfirmed against Omniyat’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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