Price from
AED 43M
Starting price for Vela.

Under Construction
Vela by Omniyat in Business Bay from AED 43M with Q4 2026 completion.
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Data coverage
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Price from
AED 43M
Starting price for Vela.
Completion
Q4 2026
Tracked completion target for Vela.
Related projects
12
Nearby launches and other Omniyat projects.
Vela is a under construction development by Omniyat in Business Bay, priced from AED 43M with a Q4 2026 handover target. The project comprises 40 units across 30 floors. Observed per-sqm pricing sits at AED 111,351 to AED 133,193 per sqm.
Vela is priced from AED 43M to AED 90M. The project includes 40 units across 30 floors. Per-sqm pricing ranges from AED 111,351 to AED 133,193 per sqm, which sets the benchmark for value comparison against other launches in Business Bay. Compare pricing against other off-plan projects in Business Bay before committing.
Business Bay shapes the location value, rental demand, and long-term growth profile around Vela. Construction is at 19% completion with construction currently 48.1% behind plan. Buyers considering Business Bay should compare the district's project density, developer mix, and price floor against neighbouring areas before selecting a specific launch. For a full district breakdown, see the Business Bay area guide.
Omniyat is the developer behind Vela. Evaluate the developer's delivery track record, project portfolio, and area coverage before committing capital. The developer's pricing across their portfolio and their construction delivery history are the two most important due diligence checks for any off-plan commitment. View the full Omniyat profile for current launches, area coverage, and comparable projects.
Before deciding on Vela, compare it against similar launches in Business Bay and nearby districts. Bearau Lamar Commercial Tower, Haus Of Tenet, Aykon City 3 are the closest comparisons by area and price range. Compare on per-sqm pricing, unit size, completion timeline, and developer track record before making a selection. The buying guide covers the full acquisition process including DLD fees, escrow verification, and SPA review.

Vela starts from AED 43M up to AED 90M. The 4% DLD transfer fee applies on top of the headline price. Compare the total acquisition cost against similar launches in Business Bay before committing.
Vela has a Q4 2026 handover target. Construction is currently at 19% completion. Buyers should verify the current construction progress through the Dubai Land Department's Oqood system and confirm that escrow disbursements are tied to certified completion milestones.
Vela is located in Business Bay, Dubai. The project comprises 40 units across 30 floors. See the [Business Bay area guide](/areas/business-bay) for district-level pricing, developer coverage, and infrastructure context.

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