Vela Dorchester Collection by Omniyat

Ultra-Luxury Penthouses in Business Bay

Vela Dorchester Collection by Omniyat

Project Overview

  • Developer
    Omniyat Group

  • Location
    Marasi Bay, Business Bay, Dubai (UAE)

  • Status
    Off-Plan / Under Construction

  • Handover Date
    Q4 2027

  • Property Types
    Penthouses & Sky Palaces (3–5 BR)

  • Payment Plan
    5% Down / 55% During Construction / 40% On Handover

  • Starting Price From AED 43,330,140

Project Highlights

  • Extreme Exclusivity:Only 38 limited-edition residences in the entire tower
  • World-Class Architecture:Designed by Foster + Partners, interiors by Gilles & Boissier
  • Private L-Shaped Pools:Each penthouse features wraparound pools with panoramic views
  • Sky Palaces:Multi-floor residences with 2 pools, private gym, terraces & majlis area
  • Waterfront Arrival:Only development in Marasi Bay with exclusive waterfront access
  • Freehold Ownership:Available for all nationalities

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Location & Connectivity

Burj Khalifa & Downtown Dubai

5 minutes

Dubai Water Canal Promenade

Walking distance

DIFC

10 minutes

Dubai International Airport

20 minutes

Dubai Marina

25 minutes

Master Plan & Amenities

  • Ultra-Luxury Residence Features:

    • Private L-Shaped Pools with Panoramic Views (per unit)
    • Private Gym & Majlis Area (Sky Palaces)
    • Multi-Level Terraces with Burj Khalifa Views

    Building & Community:

    • Indoor Swimming Pool & Gymnasium
    • Tennis Courts & Landscaped Gardens
    • Restaurants & Children’s Play Area
    • 24/7 Dorchester Collection Concierge & Security

Property Types & Floor Plans

Type Bedrooms Approx. Size (sqft) Starting Price (AED)
Penthouse
3BR
4,256 – 6,361
43,330,140
Penthouse
4BR
7,337 – 7,373
63,492,975

Project video

Payment Plan Breakdown

Booking : 10%

During Construction : 70%

On Handover (Q4 2025) : 20%

Down Payment

5%
  • On Booking

During Construction

55%
  • Staggered Payments

On Handover (Q4 2025)

40%
  • Q4 2027

Investment Potential

Ultra-Rare Inventory

38 units only — scarcity drives long-term capital appreciation

Dorchester Brand Premium

World's most exclusive hotel management elevates resale ceiling

Waterfront PSF Premium

Marasi Bay waterfront commands significant premium vs inland Business Bay

Golden Visa Eligibility

Investment at this level qualifies for UAE 10-Year Golden Visa

Ultra-Rare Inventory

38 units only — scarcity drives long-term capital appreciation

Dorchester Brand Premium

World's most exclusive hotel management elevates resale ceiling

Waterfront PSF Premium

Marasi Bay waterfront commands significant premium vs inland Business Bay

Golden Visa Eligibility

Investment at this level qualifies for UAE 10-Year Golden Visa

Developer Profile

Omniyat Group

Iman Developers is a prominent design-focused developer in Dubai, recognized for creating luxurious, boutique residential projects. The company emphasizes high-quality materials, meticulous attention to detail (often including full kitchen islands in 1BR units and high-end ceramics), and a commitment to creating holistic living spaces.

FAQs

Is Vela Dorchester Collection freehold?

 Yes, available for all nationalities.

Who manages the building?

Dorchester Collection — one of the world’s most exclusive hotel management brands

How many residences are in the tower?

Only 38 limited-edition residences, ensuring extreme exclusivity.

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More details about the project

This is a short introduction to the project, giving a quick overview of the main idea and purpose.