Vela Dorchester Collection
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Vela Dorchester Collection

⚲  Business Bay, Dubai
Starting from$11,981,000≈ AED 44,000,000
Type
Apartments
Bedrooms
3 Bed – 4 Bed
Size from
6,302 sqft
Handover
Q4 2027
Payment
5 / 55 / 40
The Development

Foster + Partners-designed three- and four-bedroom residences on the Marasi Bay waterfront in Business Bay, from AED 44m — Dorchester Collection living on a 5/55/40 plan.

Foster + Partners-designed three- and four-bedroom residences on the Marasi Bay waterfront in Business Bay, from AED 44m — Dorchester Collection living on a 5/55/40 plan.

Vela Dorchester Collection is a thirty-storey waterfront building on Marasi Bay in Business Bay, Dubai's canal-side district bordering Downtown, with architecture and interiors by Foster + Partners. The collection comprises three- and four-bedroom Sky Residences and Marina Residences of 6,302 to 7,373 sq ft, alongside four-bedroom penthouses and an exclusive five-bedroom Sky Palace, all with panoramic glazing over the water and skyline. Residents have an infinity pool with city views, a spa, gym, cinema, lounges, a children's room, conference room and concierge with 24-hour security. An extended 5/55/40 payment plan runs to handover in Q4 2027.

  • Marasi Bay waterfront, Business Bay
  • 3–4 bed, 6,302–7,373 sq ft
  • From AED 44m
  • Designed by Foster + Partners
  • Infinity pool, spa & cinema
  • 5/55/40 plan · Q4 2027 handover
Project Information

The facts

Developer
Omniyat Properties
District
Business Bay, Dubai
Price range
AED 44,000,000 – 65,720,025
Price per sq ft
AED 6,982 – 8,914 / ft²
Size
6,302 – 7,373 ft²
Completion
Q4 2027
Ownership
Freehold
Unit types
Apartments
Service charge
AED 45 / ft²
Furnishing
Semi Furnished
Resale allowed after
50% paid
Gallery

Inside the residences

Amenities

A life fully serviced

Concierge

Concierge, lobby and 24-hour security.

Retail & Dining

Retail outlets, coffee houses and restaurants.

Cinema Room

Indoor cinema for residents.

Children's Play Areas

Kids' play area and children's room.

Spa & Wellness

Residents' spa and resting areas.

Gym & Wellness

Shared gym and fitness centre.

Payment Plan

Structured around you

5%
On booking
20%
On signing SPA (within 30 days from booking date)
10%
12 months after signing the SPA
5%
18 months after signing the SPA
5%
24 months after signing the SPA
5%
30 months after signing the SPA
Returns

A note on returns

Current Business Bay listings average about AED 3,718 per sq ft. Vela is offered on an extended 5/55/40 plan with 40% at Q4 2027 handover and a service charge of AED 45 per sq ft.  See the full United Arab Emirates tax & returns guide →

Location

The centre of everything

Answers

Vela Dorchester Collection, answered

The questions buyers ask us most about this home.

How much does Vela Dorchester Collection cost?

Prices at Vela Dorchester Collection start from $11,981,000 (about AED 44,000,000). It offers Apartments in Business Bay, Dubai, on a 5 / 55 / 40 payment plan. Ask us for the live price list and current availability.

When does Vela Dorchester Collection complete?

Vela Dorchester Collection is scheduled for handover in Q4 2027. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at Vela Dorchester Collection?

Yes. Vela Dorchester Collection sits in a designated freehold zone, so overseas buyers can own it outright with full title registered at the emirate's land department — no nationality restriction and no extra transfer tax for foreign buyers.

Does buying Vela Dorchester Collection qualify me for residency or a visa?

Potentially. A UAE property worth at least AED 2 million (about US$545,000) qualifies for the 10-year renewable Golden Visa, and off-plan units count — so units at Vela Dorchester Collection that reach that value can put you on the Golden Visa path.

Anton Sulcek, Founder & CEO at INOVO
One advisor, start to finish

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

Make Vela Dorchester Collection yours

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