Vela
VELA is a super-exclusive 30-storey development by OMNIYAT, nestled in the Burj Khalifa district. There are just 38 ultra-luxury, fully-furnished residences available for acquisition, namely 3-4 bedroom Marina Residences and Sky Residences and three 4-bedroom penthouses. Not forgetting a palatial, 3-storey, 5-bedroom Sky Penthouse, which will feature grand terraces, 2 private swimming pools, a gym and a majlis. There will be just one unit per floor.
Redefining luxury, VELA will be managed by Dorchester Collection, which is the epitome of excellence and sophistication. The world-renowned hospitality group has expanded its portfolio to include 10 elite hotels across some of the most coveted locations worldwide. These include Paris, Milan, Rome, and Los Angeles, in addition to Dubai.
Starting from, AED
30,000,000
Emirate
Dubai
Area
Business BayStatus
Under construction
Developer
OmniyatSize from
4253 sq ft
Handover
2026 Q4
Amenities
Gallery
Payment plan
5%
Booking
55%
During construction
40%
Upon Handover
About Location
The area with the self-explanatory name, Business Bay is the business and commercial center of Dubai. Its concept was created as an equivalent of Manhattan in New York and Ginza in Tokyo. Development of the area began in 2003 and by 2017, the world-famous publishing house; Lonely Planet, who publishes global travel guides, included Business Bay in the top-five most interesting places to visit.
Business Bay hosts a number of mixed-use, high-rise developments from office buildings, banks and retail areas, residential real estate, luxury hotels, restaurants and entertainment venues. The total area of Business Bay is 79,975,854 sq. ft. After the full completion of construction works, there will be 240 skyscrapers that will house residential and commercial units. The main waterway of the Emirate, the artificial Dubai Water Canal, runs along the central part of the entire area. There are dozens of restaurants, as well as cultural and entertainment facilities along the waterfront, including the famous aqua theatre, La Perle.
About Developer
Omniyat is a development company in Dubai. Since 2005 it has established itself as a reliable developer. Omniyat specializes in the construction of residential complexes and commercial real estate.
The founder of the firm is Mahdi K.M.J. Amjad. At the time of Omniyat’s creation, he owned a large holding company specializing in IT development. This gave a quick start to the establishment of the developer, as it provided a strong source of investment from the beginning of its operations.
Omniyat justified the trust of people who invested in the purchase of real estate. Over 16 years, the company proved its professionalism with a large number of successfully completed projects. The developer became famous for the construction of premium high-rise towers. Each property embodies progressive ideas for comfortable living.
The company implements its own concept in the creation of real estate. They gather the advanced achievements of architecture and design. The developer received a prestigious award for the original architectural solution of the residential complex The Opus in 2019.
