Dubai Asset
Off-plan

VELA

Business Bay OMNIYAT

Overview

Thirty-eight waterfront residences in Marasi Bay, by Foster + Partners and Gilles & Boissier, with Dorchester Collection residential services.

VELA is OMNIYAT’s collection of 38 waterfront residences in Marasi Bay, within Business Bay. Foster + Partners shapes the architecture and Gilles & Boissier designs the interiors. The offering includes spacious residences, penthouses and a three-level Sky Palace. Large terraces, corner pools and full-height windows bring the marina and Downtown skyline into the living experience.

The planned amenities include an infinity-edge lap pool, a triple-height gym, cinema, children’s spaces, meeting rooms and a private spa suite. Dorchester Collection manages the residential service experience. Access to selected facilities at The Lana and ONE at Palm Jumeirah is also presented by the developer, subject to the arrangements attached to the residence.

The tower is presented at approximately 150 metres, with the Sky Palace occupying three floors at its crown. Its private offer includes two pools, expansive terraces, a gym and a majlis. Elsewhere in the collection, marina residences, sky residences and penthouses vary the relationship with the waterfront and the city. Gilles & Boissier’s interior approach brings these different formats together through a consistent design language.

VELA is part of OMNIYAT’s wider Marasi Bay waterfront destination, near VELA Viento and The Lana. Main works are underway. Official sources currently differ between Q2 and Q4 2027 for completion. The delivery schedule should be confirmed for the selected residence. Ask us for the current construction information and the plans for a specific residence.

This page helps you assess the project quickly: area fit, delivery timing, payment logic and the main points to clarify before reserving.

What we can send you
Updated price list, payment plan, unit availability, and our short investor notes (yield assumptions + exit plan).

Project snapshot

Updated: Oct 9, 2026
Developer OMNIYAT
Project type Off-plan
Status Availability to be confirmed
Handover TBA
From price —

Project information sources

Sources checked: 2026-10-09

Published project information can differ from the terms of an available unit. Confirm the written price, current availability, payment schedule and contractual handover date for the unit you select.

Location

VELA is located in Business Bay, developed by OMNIYAT.

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Documents & media

PDF brochure

Official project brochure

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FAQ

What is the starting price for VELA?
A public starting price is not displayed on this page yet. We can share the latest launch price list and the units that are currently open.
When is handover for VELA?
A confirmed handover date is not displayed on this page yet. We can share the latest developer timing as soon as it is confirmed.
What payment plan is shown for VELA?
The detailed milestone table is not published on this page yet. We can share the current developer schedule and booking-stage allocation once confirmed.
Where is VELA located?
VELA is located in Business Bay, within the current offer of OMNIYAT. The area guide and comparable launches shown on this page help you benchmark fit, demand and surrounding competition.
Is VELA still available?
Confirm current unit availability with the advisor. Publication of a project page does not confirm available developer stock.

Contact

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