Vela Dorchester Collection in Business Bay, Dubai

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Omniyat Group · Business Bay, Dubai

Starting price

AED 43,330,140

Enquire

Handover

December 2027

Status

active
DLD construction progress12%

About this project

Vela Dorchester Collection is an off-plan residential development by Omniyat Group in Business Bay, Dubai. Prices start from AED 43,330,140. The current unit mix includes 3-bedroom homes, 4-bedroom homes. Dubai Land Department data records construction progress at 12%. Expected handover is December 2027.

What buyers should know

Vela Dorchester Collection is located in Business Bay, Dubai and is developed by Omniyat Group. Prices start from AED 43,330,140. Dubai Land Department data records construction progress at 12%.

Location

Vela Dorchester Collection is in Business Bay, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

CCTV SecurityIndoor Swimming PoolLandscaped GardensRestaurantsGymnasiumTennis CourtsChildren's Play Area

Payment plan

  • 5/55/40

Project brochures

Developer material with specifications, amenities and payment-plan details.

Project brochureOpen PDF in a new tab

The official record

Registered with the Dubai Land Department — construction progress, escrow and sales history are the government's figures, not the developer's.

Construction progress12%Under construction
Escrow agentABU DHABI COMMERCIAL BANKHolds buyer payments until handover
Developer licenceCurrentValid to 11 Aug 2027
Expected completion—39 units registered
Registered sales
27
In the last 12 months
3
Median sold price
AED 39.74M
Median price per sqft
AED 6,769/sqft
Median size sold
6,302 sqft
First sale
29 Nov 2022
Latest sale
27 Apr 2026
Off-plan vs ready
26 / 1

What has sold here, by size

Every registered sale in Vela Dorchester Collection, not a window — an individual project can trade rarely, and three sales over two years is better evidence than none.

SizeSalesMedian priceTypical rangePrice/sqftLatest
3 B/R2137.46MAED 31.19M – AED 41.58MAED 6,717/sqft7 Apr 2026
4 B/R560.73MAED 50.70M – AED 61.70MAED 7,291/sqft27 Apr 2026
Unspecified180.00MAED 80.00M – AED 80.00MAED 1,559/sqft29 Nov 2022
Market data for Business BayDOWNTOWN CREEK REAL ESTATE DEVELOPMENT L.L.C's full recordEvery sale in this project

Transactions at Vela Dorchester Collection

26 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
40.62M
last 12 months
Median price / sqft
AED 6,769/sqft 1.1% vs last year
last 12 months
Transactions
3
last 12 months

Median price / sqft by year

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
Apr 27, 20264 B/R7,373AED 60,730,1108,236Off-plan
Apr 7, 20263 B/R4,257AED 28,813,5006,769Off-plan
Feb 5, 20263 B/R6,047AED 40,615,4526,717Off-plan
Feb 11, 20254 B/R7,351AED 50,318,1006,845Off-plan
Aug 20, 20243 B/R6,302AED 42,903,0006,808Off-plan
Jun 26, 20243 B/R5,988AED 36,417,2296,082Off-plan
May 27, 20243 B/R6,047AED 44,602,5007,376Off-plan
May 22, 20244 B/R8,462AED 74,042,1918,750Off-plan
Mar 1, 20243 B/R4,257AED 31,481,8357,396Off-plan
Jan 26, 20243 B/R4,257AED 28,813,5006,769Off-plan
Jan 22, 20243 B/R6,361AED 37,460,4305,889Off-plan
Jan 22, 20243 B/R6,361AED 38,193,7506,004Off-plan
Jan 22, 20243 B/R6,361AED 39,742,5006,248Off-plan
Jan 22, 20243 B/R6,302AED 39,159,0006,214Off-plan
Jan 22, 20243 B/R4,257AED 31,186,4707,327Off-plan
Jan 19, 20244 B/R8,462AED 61,695,0007,291Off-plan
Jan 18, 20243 B/R6,047AED 44,241,5007,316Off-plan
Jan 18, 20243 B/R6,302AED 36,000,0005,713Off-plan
Jan 18, 20243 B/R6,047AED 48,382,0968,001Off-plan
Jan 18, 20243 B/R6,361AED 33,560,0005,276Off-plan
Dec 14, 20233 B/R4,257AED 28,538,0006,704Off-plan
Dec 12, 20233 B/R6,337AED 43,880,5006,925Off-plan
Dec 12, 20233 B/R6,302AED 41,580,0006,598Off-plan
Nov 15, 20234 B/R7,264AED 50,698,5156,979Off-plan
Nov 10, 20233 B/R4,253AED 28,998,9006,818Off-plan
Nov 10, 20233 B/R4,257AED 27,663,5716,499Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.

Price insights · Business Bay

Median sale prices from Dubai Land Department transactions over the last 12 months, to Jul 2026.

View Dubai market trends
All residential
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424
Apartments
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424

Source: Dubai Land Department open data. Area medians are market context for Business Bay, not a valuation of this specific project.