OVERVIEW Vela is an ultra-luxury branded residential development by Omniyat, located along the Dubai Water Canal in Business Bay. Designed by the globally renowned Foster + Partners and managed by the prestigious Dorchester Collection, the project represents one of Dubai’s most exclusive residential offerings. The development features a limited collection of approximately 38 ultra-luxury residences, including expansive apartments, duplex units and exclusive “Sky Palaces”. Each residence is designed with double-height living spaces, floor-to-ceiling windows and private terraces with infinity-edge pools, offering panoramic views of the canal and Downtown skyline. Vela is positioned as a continuation of Omniyat’s luxury portfolio alongside iconic projects such as ORLA and The Alba, focusing on privacy, architectural excellence and hotel-level service. LOCATION Business Bay, Dubai — directly on the Dubai Water Canal and minutes from Downtown Dubai, Burj Khalifa, and DIFC. The location offers both waterfront tranquility and immediate access to the city’s business and lifestyle hubs. PROJECT TYPE Ultra-luxury branded residential development (Dorchester Collection serviced). TOTAL UNITS • Approximately 38 residences • Including exclusive Sky Palaces and penthouses AVAILABLE UNIT TYPES • 3 Bedroom Residences • 4 Bedroom Residences • 5 Bedroom Residences • Duplex Residences • Sky Palaces Unit sizes range approximately from 4,200 sq.ft to over 22,000 sq.ft depending on configuration and residence type. STARTING PRICE Starting from approximately AED 30,000,000 HANDOVER Expected 2027
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