How many residences does VELA have?
38 residences over 30 floors, split between Marina Residences, Sky Residences, penthouses and one Sky Palace, in a 150-metre tower made of two connected volumes.
Marasi Bay · OMNIYAT × Dorchester Collection · 38 residences · Delivery announced for Q4 2027 · From AED 43.3M
VELA, Dorchester Collection, Dubai is a 150-metre tower made of two connected volumes on the Marasi Bay marina, in the Burj Khalifa District. OMNIYAT designed only 38 residences over 30 floors: four-bedroom Marina Residences with double-height living rooms, Sky Residences, penthouses and one Sky Palace. Architecture is by Foster + Partners, interiors by Gilles & Boissier, and residential services are entrusted to Dorchester Collection.
Nine residences available according to OMNIYAT's availability list of 5 October 2026: Marina Residences 501, 701, 1101 and 1301, the three-bedroom Marina Residence 1401, Sky Residence 2601, the South Penthouse 1601 and North Penthouse 1602, and the Sky Palace 2801. Prices range from AED 43.3M for the three-bedroom 1401 to AED 76.1M for Sky Residence 2601; the two penthouses and the Sky Palace remain on request. Each listing carries the unit's "from" price, areas, views and, where OMNIYAT has released them, its official floor plan and payment schedule.
On 20 August 2026, OMNIYAT's construction update placed the structure at level 28, three levels short of topping out, and the facade at level 10.
Status
Buy
Reference
OMN-VELA
Buying in Dubai as a foreign buyer
Freehold zoneFreehold ownership in the designated zones, with the title registered at the Dubai Land Department (4% DLD fee). A 10-year Golden Visa from AED 2M invested, with no minimum stay; 0% income tax and 0% capital gains tax for individuals. Off-plan funds sit in a RERA-supervised escrow account.
CEO & Founder
Private brochure
Brochure, floor plans and key project details sent automatically by email after form submission.
Project overview
Two connected 150-metre volumes, 272,860 sq ft of floor area over 30 floors and only 38 residences: VELA is the most private of OMNIYAT's Marasi Bay addresses.
OMNIYAT's fact sheet describes residences opening through floor-to-ceiling glazing onto vast terraces, double-height living areas of up to 6 metres in selected units and L-shaped corner pools that OMNIYAT presents as unique in Dubai. Every residence has its own private lift lobby; kitchens are fitted with European appliances and interiors are designed and furnished by Gilles & Boissier.
Shared spaces look over the Marasi Bay marina: main, VIP and marina lobbies, an infinity-edge lap pool, a triple-height gym, a spa suite and salon, a kids' room and a cinema. Residents have access to Sunset Park and the district's private jetty.
Project overview
OMNIYAT's availability list of 5 October 2026 includes nine units. "From" prices, subject to availability and confirmation by OMNIYAT.
Payment schedule of the 30 September 2026 sales offers: 5% on reservation, 20% on signing the sale and purchase agreement (SPA) within 30 days, 20% six months after the SPA, 15% nine months after the SPA and 40% on project completion.
Project overview
Marasi Bay is the waterfront destination OMNIYAT is developing in the Burj Khalifa District, around The Lana, Dorchester Collection, Dubai, VELA, VELA Viento and the ENARA offices.
The district fact sheet published by OMNIYAT places The Dubai Mall 10 minutes away, Burj Khalifa 12 minutes, the Dubai Canal 5 minutes, DIFC 18 minutes and Burj Al Arab 20 minutes. The district brings together a yacht club, private jetties, a waterfront promenade, Sunset Park, a padel court, a children's play area, The Lana's Dior Spa and the hotel's restaurants, including Jara by Martín Berasategui and Riviera by Jean Imbert.
Sources: OMNIYAT availability list of 5 October 2026, OMNIYAT sales offers of 30 September 2026, VELA fact sheet of August 2025, Marasi Bay fact sheet of August 2025, OMNIYAT construction update of 20 August 2026, omniyat.com consulted on 2 October 2026.
Project overview
Information compiled on 2 October 2026 from official OMNIYAT documents. Availability, prices and timelines change: GADAIT International reconfirms them with OMNIYAT before any presentation or reservation.
What buyers ask before reserving a residence at VELA.
38 residences over 30 floors, split between Marina Residences, Sky Residences, penthouses and one Sky Palace, in a 150-metre tower made of two connected volumes.
OMNIYAT's list of 5 October 2026 includes nine units: Marina Residences 501, 701, 1101, 1301 and 1401, Sky Residence 2601, penthouses 1601 and 1602 and the Sky Palace 2801. GADAIT International reconfirms each unit with OMNIYAT before any presentation.
According to OMNIYAT's list of 5 October 2026: from AED 43.3M for the three-bedroom 1401, AED 63.4M to 65.7M for the four-bedroom Marina Residences and AED 76.1M for Sky Residence 2601. The penthouses and the Sky Palace are on request.
5% on reservation, 20% on the sale and purchase agreement within 30 days, 20% at six months, 15% at nine months and 40% on completion, according to the offers of 30 September 2026.
OMNIYAT announces completion in the fourth quarter of 2027. On 20 August 2026, the structure had reached level 28 and the facade level 10.
Architecture by Foster + Partners, interiors by Gilles & Boissier, residential services managed by Dorchester Collection.
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