ReadyApartments
Vela
Business Bay Second Part 8 · Dubai · by Omniyat
Details are indicative, confirm with our desk before transacting
5 photos of Vela. Renders and photography supplied by Omniyat.
Price from
AED 30M
entry price
Bedrooms
1BR-3BR
Apartments
Handover
Ready
Ready
Price per sqft
AED 5,900
/sqft
Omniyat is building Vela, an apartment project in Business Bay Second Part 8, Dubai, offering 1BR-3BR. Of the 8 facilities on the list, the 24 hours concierge and the balcony or terrace are the ones that stand out. The rate works out at AED 5,900 per sqft on a AED 30,000,000 start. Delivered 2025, with entry pricing recorded at AED 30,000,000.
Payment structure
Plan on request
Modelled on entry price AED 30M
Booking / down payment20% · AED 6,000,000
During construction60% · AED 18,000,000
On handover20% · AED 6,000,000
Developer payment plan, confirm current terms with our desk. 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: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 6,000,000
DLD fee4%
AED 1,200,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 7,204,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Business Bay Second Part 8 · Dubai
OM
Developer
Omniyat
Tier 2 developer · Portfolio of landmark ultra-luxury developments since 2005 (One Palm, The Opus, The Lana) · since 2005
Data provenance
Details for Vela 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 Spotted something out of date?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.
Same set · Dubai
