Reemah Elite Real Estate
AI Advisor
Projects·Dubai·Business Bay
Velor Tower, penthouses in Business Bay, Dubai, by Ginco
Off-PlanPenthouses

Velor Tower

Business Bay · Dubai · by Ginco
Details are indicative, confirm with our desk before transacting
4 photos of Velor Tower. Renders and photography supplied by Ginco.
Price from
AED 8.25M
entry price
Bedrooms
4BR-5BR
Penthouses
Handover
Q4 2027
Off-Plan
Est. gross yield
On ask

Velor Tower sits in Business Bay, Dubai, a penthouse project from Ginco, built out as 4BR-5BR. With 15 months to a Q4 2027 handover, AED 4,950,000 of the AED 8,250,000 is scheduled before the keys and AED 3,300,000 at or after. Asking prices across 3 live units ran AED 8,167,000 to AED 8,550,000 when we last looked in September 2026. Among 61 priced projects in Business Bay, its AED 8,250,000 start is the 54th lowest, against a AED 1,256,777 median. On the 60/40 split, AED 825,000 falls at booking and AED 330,000 goes to the Dubai Land Department as the 4 percent transfer fee, AED 1,155,000 to begin, registration charges on top.

Why it makes the list
  • Launch price from AED 8,250,000
  • 60/40 payment plan
  • Handover Q4 2027
  • 4BR-5BR homes
Payment structure
60/40
Modelled on entry price AED 8.25M
Booking / down payment10% · AED 825,000
During construction50% · AED 4,125,000
On handover40% · AED 3,300,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. 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 Velor Tower: the down payment plus government and trustee costs, before the mortgage question.
Down payment10%
AED 825,000
DLD fee4%
AED 330,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 1,159,500
Down payment 10% + DLD 4% + trustee. Indicative, not financial advice.
Location
Business Bay · Dubai
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GI
Developer
Ginco
Data provenance

Details for Velor Tower are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Ginco’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 Spotted something out of date?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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