VELA by Omniyat by Omniyat — Business Bay
VELA by Omniyat is an off-plan development by Omniyat in Business Bay, Dubai. Homes start from AED 42,000,000, giving buyers a concrete budget reference when considering opportunities in Business Bay.
About VELA by Omniyat
VELA by Omniyat is a residential development by Omniyat, located in Business Bay, Dubai. The project is currently nearing handover, with a handover date of Q3 2026, with prices starting from AED 42,000,000. The payment plan is 20% booking + 80% on handover. Situated in Business Bay, VELA by Omniyat benefits from a prime location with access to the area's services, transport links, and infrastructure. The NAHY team closely monitors construction progress and keeps all information updated based on official sources. Contact us for the latest availability and investment conditions.
Project details
| Developer | Omniyat |
|---|---|
| Area | Business Bay |
| Emirate | Dubai |
| Status | off-plan |
| Starting price | AED 42,000,000 |
| Handover | Q3 2026 |
| Payment plan | 20% booking + 80% on handover |
Location distances
- Downtown Dubai (Burj Khalifa): 1.6 km in a straight line
- DIFC (The Gate): 3.0 km in a straight line
- Dubai Marina (Marina Mall): 18.7 km in a straight line
- Dubai International Airport (DXB Terminal 3): 11.3 km in a straight line
Market in Business Bay (DLD, Sep 2024 to Aug 2026)
| Sales, 24 months | 13,837 |
|---|---|
| Off-plan share | 50.7% |
| Median AED/sqft, apartments | 2,320 |
| Studio median | 1,109,999 |
| 1 bedroom median | 1,739,633 |
| 2 bedroom median | 2,518,631 |
| 3 bedroom median | 3,750,000 |
Explore this project
Reviewed by Mariane Nunes, CEO, NAHY Real Estate