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

Velor Tower

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

Velor Tower is a penthouse development by Ginco Properties in Business Bay, Dubai. The project offers 4BR to 5BR homes. Unit sizes run from 3,000 to 6,017 sqft. Launch pricing starts at AED 8,250,000. The published payment plan is 60/40: 10 percent on booking, 50 percent during construction, 40 percent on handover. Handover is scheduled for Q4 2027. Amenities include gym or health club, swimming pool, kids play area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

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 Properties
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 Properties’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 Spotted something out of date?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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