VELA by Omniyat, Business Bay
VELA by Omniyat is an Off-plan development by Omniyat in Business Bay, Dubai. Handover is expected in Q3 2026, giving buyers a defined timeline when considering property in Business Bay.
About VELA by Omniyat
VELA by Omniyat is a residential development by Omniyat, located in Business Bay, Dubai. 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 |
| Handover | Q3 2026 |
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 | AED 2,320/sqft |
| Studio median | AED 1,109,999 |
| 1 bedroom median | AED 1,739,633 |
| 2 bedroom median | AED 2,518,631 |
| 3 bedroom median | AED 3,750,000 |
Explore this project
Project questions
When is VELA by Omniyat expected to hand over?
The recorded handover for VELA by Omniyat is Q3 2026.
Who is the developer of VELA by Omniyat?
Omniyat is recorded as the developer for VELA by Omniyat.
Where is VELA by Omniyat located?
VELA by Omniyat is recorded in Business Bay, Dubai.
What is the payment plan for VELA by Omniyat?
The payment plan and current prices change with each developer release. Our team sends the latest official plan for VELA by Omniyat on WhatsApp.
Reviewed by Mariane Nunes, Founder and CEO, NAHY Real Estate