Vela Viento, Dorchester Collection in 2026
- ◆Location: Marasi Bay, Business Bay, Dubai
- ◆Developer: OMNIYAT
- ◆Hospitality brand: Dorchester Collection (1st in Dubai)
- ◆Architecture: Foster + Partners
- ◆Interiors: Gilles & Boissier (1st Dubai residence)
- ◆Residences: 95 · Viento, Horizon, Sky Bridge Duplex, Celestial Penthouse
- ◆Price: From AED 25M (~$6.8M), freehold
- ◆Delivery: Q3 2027 (announced by OMNIYAT)
Vela Viento, Dorchester Collection is OMNIYAT's new ultra-luxury project on Marasi Bay, the artificial island in Business Bay that lines the Dubai Canal. The 180-metre tower is designed by Foster + Partners — Norman Foster's practice, behind the Gherkin in London and Apple Park — and houses 95 residences whose interiors carry the signature of Gilles & Boissier, the Parisian duo behind Cheval Blanc Paris, marking their very first Dubai residence.
The project's name — Spanish for "sail" and "wind" — evokes the tower's fluid façade, shaped to capture light and views over the canal and the Downtown Dubai skyline. Vela Viento is the first residence in the world to carry the Dorchester Collection name, owner of the Beverly Hills Hotel, Plaza Athénée in Paris and The Dorchester in London — a hospitality-grade service standard applied to residential living, with dedicated concierge and valet.
The project spans four typologies: 60 Viento residences (2-3 bedrooms), 31 Horizon residences (3-4 bedrooms), 3 Sky Bridge Duplexes linked by a suspended bridge, and the single Celestial Penthouse of 20,841 sqft (~1,936 sqm) at the top of the tower. Delivery is announced for Q3 2027. Prices start at AED 25M (~$6.8M) and the purchase qualifies buyers for the 10-year Golden Visa from AED 2M invested.
Foster + Partners, Gilles & Boissier & Dorchester Collection Service
On the island of Marasi Bay, in Business Bay, OMNIYAT brings together architecture by Foster + Partners, the very first Gilles & Boissier residence in Dubai, and the service standard of Dorchester Collection — the hospitality house behind the Beverly Hills Hotel, Plaza Athénée and The Dorchester in London, at its first residential foray into Dubai.
95 Residences Facing the Dubai Canal
Vela Viento rises on Marasi Bay island, at the heart of Business Bay, along the Dubai Canal. The 180-metre tower gathers 95 residences across four typologies — from Viento apartments to Sky Bridge Duplexes and the singular Celestial Penthouse — delivery announced for Q3 2027 by OMNIYAT.
A Silhouette Sculpted by Foster + Partners
Norman Foster's practice — behind the Gherkin in London and Apple Park in California — designs Vela Viento's architecture: a fluid façade inspired by wind and water ("Vela Viento" translates from Spanish as "sail-wind"), shaped to maximise views over the canal and the Downtown Dubai skyline.
Gilles & Boissier's First Dubai Residence
Parisian duo Gilles & Boissier — known for the interiors of Cheval Blanc Paris and several Cheval Blanc and Baccarat addresses — sign their first Dubai residence here: noble materials, a sourced palette and natural light, from the entrance lobby to the apartments.
The Know-How of a Legendary Hospitality House
Dorchester Collection lends its name to a Dubai residence for the first time: concierge, valet, spa and dining conceived in the continuity of its historic addresses. Vela Viento joins OMNIYAT's portfolio alongside One at Palm Jumeirah and AVA at Palm Jumeirah, benchmarks for Dubai's highest-value transactions.
Amenities per omniyat.com and dorchestercollection.com (September 2026) — Photos © OMNIYAT.
Viento, Horizon, Sky Bridge & Celestial Penthouse
Vela Viento is organised across 4 typologies spread over the tower's 180 metres, from the podium to the Sky Amenities Deck. Residents and owners access the entire Sky Amenities Deck — infinity sky pool, double-height gym, spa, cinema — and Dorchester Collection service standards. Here are the main typologies.
Viento Residences
The tower's core collection: 2 and 3-bedroom apartments, facing the Dubai Canal or the Marasi Bay island.
- ✓2-3 bedrooms
- ✓2,792 – 5,380 sqft (~259 – 500 sqm)
- ✓Canal or inner marina views
Horizon Residences
The upper floors: 3 and 4-bedroom apartments with expanded volumes and unobstructed views over the Downtown Dubai skyline.
- ✓3-4 bedrooms
- ✓3,511 – 8,252 sqft (~326 – 767 sqm)
- ✓High floors, panoramic views
Sky Bridge Duplex & Celestial Penthouse
The signature units: 3 Sky Bridge Duplexes linked by a suspended bridge, and the single Celestial Penthouse at the tower's summit.
- ✓4 bedrooms
- ✓Duplex 10,235 sqft (~951 sqm)
- ✓Celestial Penthouse 20,841 sqft (~1,936 sqm)
Where Vela Viento Sits in Dubai
Vela Viento occupies Marasi Bay island, at the heart of Business Bay — minutes from Downtown Dubai, DIFC and the canal, between the business core and the sea.
Estimated driving times, excluding traffic. To be confirmed depending on time of day and route.
Living at Vela Viento, Every Day
From the infinity sky pool to the private jetty, Vela Viento unfolds a Sky Amenities Deck conceived as a resort suspended above the canal — with Dorchester Collection service at every level.
As of September 1, 2026 — Photos © OMNIYAT.
What Your Budget Buys at Vela Viento
Grid communicated by selling agent Metropolitan (September 2026). Indicative conversions, September 2026 rates (USD = AED/3.6725; EUR ≈ AED/4.25).
| Configuration | Size | Price (AED) | ≈ USD / EUR |
|---|---|---|---|
| 3 bedrooms (Viento / Horizon) | 2,792 – 5,380 sqft | from AED 25M | ≈ $6.8M / €5.9M |
| 4 bedrooms (Horizon) | 3,511 – 8,252 sqft | from AED 40M | ≈ $10.9M / €9.4M |
| Penthouses | by level | from AED 80M | ≈ $21.8M / €18.8M |
| Sky Palaces (Duplex & Celestial Penthouse) | 10,235 – 20,841 sqft | from AED 150M | ≈ $40.8M / €35.3M |
Indicative prices, excluding acquisition costs, to be confirmed by unit and availability. Communicated payment plan: 5% on booking, 60/40 through to handover. GADAIT provides the updated grid and off-market availability.
Vela Viento vs Dubai's Other Branded Residences
How Vela Viento compares with Dubai's other ultra-luxury 2026 launches — to help you choose by zone, brand and budget.
| Residence | Zone | Brand | Entry | Distinctive feature |
|---|---|---|---|---|
| Vela Viento | Marasi Bay, Business Bay | OMNIYAT × Dorchester Collection | from AED 25M | Foster + Partners, Gilles & Boissier |
| Bugatti Residences | Business Bay | Binghatti × Bugatti | from AED 21.2M | World's first Bugatti residence |
| Armani Beach Residences | Palm Jumeirah | Arada × Armani/Casa × Tadao Ando | from AED 21.5M | Only Armani × Ando collaboration |
| Como Residences | Palm Jumeirah | Nakheel (no hospitality brand) | from ~AED 27M | Tallest tower on the Palm |
| Baccarat Residences | Downtown Dubai | Shamal Holding × Baccarat | from AED 19.9M | Studio Libeskind, 49 residences |
Indicative entry prices as of September 1, 2026, to be confirmed subject to availability. Dubai is the world's leading branded residences market, with 140+ projects tracked by Savills — branded premiums reach +25 to 35% over unbranded stock.
Freehold, RERA Escrow & the Golden Visa
Marasi Bay is one of Dubai's designated freehold zones (Regulation No. 3 of 2006), where foreign buyers acquire full ownership, regardless of nationality.
- Full ownership (freehold)Foreign buyers obtain a freehold title — or a long lease or usufruit up to 99 years depending on the structure — with no restriction on resale.
- RERA escrow accountOff-plan payments are placed in a project-dedicated escrow account, governed by Law No. 8 of 2007, released against certified construction milestones under DLD/RERA supervision.
- Golden Visa from AED 2MA qualifying purchase — including off-plan with a DLD-approved developer such as OMNIYAT — grants a 10-year renewable Golden Visa for the buyer and their family, with no minimum stay requirement in the UAE.
- A tax-efficient wealth baseBeyond the property itself, buying at Vela Viento is a wealth strategy: 0% income and capital gains tax in personal name, an international hub between Europe, Asia and Africa, and mobility for the whole family.
Why Dubai Is One of the Most Tax-Efficient Markets
The United Arab Emirates offer a particularly favourable tax environment for international owners — a major reason HNWI buyers choose Vela Viento.
| Item | Rate | Note |
|---|---|---|
| Personal income tax | 0% | Rental income untaxed in personal name |
| Capital gains tax | 0% | None on resale |
| Corporate tax | 9%* | *Does not apply to personal ownership |
| DLD transfer fee | 4% | On the purchase price |
| Municipal housing fee | 5% | On rents, payable by the occupant |
| Golden Visa threshold | AED 2M | → 10-year visa, no minimum stay |
Tax positions should be confirmed with a qualified UAE advisor. Per practices observed in 2026, an anti-money-laundering audit (6-month statements) generally applies on the secondary market. GADAIT works with a network of vetted specialists in Dubai.
What a Vela Viento Residence Costs to Buy & Own Yearly
Beyond the purchase price, here are the acquisition costs and recurring ownership costs — fully transparent, so you can budget without surprises.
Indicative figures, as of September 1, 2026, variable by unit and management approach. Typical total transaction cost 6-8% of the price, commission included. To be confirmed case by case with your GADAIT advisor.
Buying at Vela Viento in 5 Steps
From off-market selection to key handover, GADAIT supports you at every step — with no conflict of interest, entirely on the buyer's side.
Off-market selection
We define your project, then present the available typologies at Vela Viento — Viento, Horizon, Sky Bridge Duplex, Celestial Penthouse — including allocations not published by the selling agent.
EOI, booking & SPA
Expression of Interest, 5% booking deposit, then signature of the Sale & Purchase Agreement (SPA) with OMNIYAT, at the agreed price and typology.
RERA escrow account
Funds are paid into a project-dedicated escrow account, governed by Law No. 8 of 2007 — released against certified construction milestones, under DLD/RERA supervision.
Oqood & DLD registration
Off-plan contract registration (Oqood) with the Dubai Land Department, followed by payment of the DLD transfer fee (4% of the purchase price).
Handover & Golden Visa
Delivery announced for Q3 2027, key handover and transfer of the freehold title. The purchase price (from AED 2M) qualifies you to apply for the 10-year Golden Visa for you and your family.
Financing a Vela Viento Purchase as a Non-Resident
Ultra-luxury residences like Vela Viento are mostly acquired by following the developer's own payment plan (5% on booking, then a 60/40 schedule through to Q3 2027 handover) rather than through conventional bank financing. Several UAE banks nonetheless finance non-resident buyers on the ready market, on terms specific to each institution and borrower profile.
What you need to structure your purchase
Per practices observed in 2026, an anti-money-laundering audit (6-month statements) is generally required on the secondary market. GADAIT connects you with its banking and legal partners in the UAE to structure your acquisition, including remotely by power of attorney.
Vela Viento & the Dubai Branded Residences Market
Dubai is the world's leading branded residences market, with 140+ projects tracked by Savills. Branded properties trade on average 25 to 35% above comparable unbranded residences — a premium driven by brand scarcity, service standards and the confidence of international buyers.
Beyond resale, the investment case rests on the scarcity of a collection of only 95 units, the world's first Dorchester Collection signature, and Business Bay's role as the natural extension of Downtown Dubai. GADAIT can arrange rental management and provide yield assumptions by typology.
Figures as of September 1, 2026, variable by typology and rental strategy; past performance is not indicative of future results. To be validated case by case with your GADAIT advisor.
Why GADAIT for Vela Viento?
GADAIT combines local intelligence on Dubai's ultra-luxury market, international buyer expertise and an exclusive buyer mandate — to secure the best Vela Viento units at the right price.
The 5 most exclusive branded residences, the Golden Visa from AED 2M, the tax frame (0% income tax, 0% capital gains) and the real acquisition costs — 9 pages to keep, yours for your email.
FAQ — Vela Viento, Dorchester Collection 2026
Per the grid communicated by selling agent Metropolitan (September 2026), 3-bedroom units start at AED 25M (~$6.8M / €5.9M), 4-bedroom units at AED 40M (~$10.9M / €9.4M), penthouses at AED 80M (~$21.8M / €18.8M) and Sky Palaces (Sky Bridge Duplexes / Celestial Penthouse) at AED 150M (~$40.8M / €35.3M). GADAIT provides the updated grid and available units.
Yes. Marasi Bay and Business Bay are designated freehold zones (Regulation No. 3 of 2006) where any foreign buyer, regardless of nationality, can acquire full ownership. The off-plan purchase is secured through an escrow account governed by Law No. 8 of 2007, under DLD and RERA supervision.
A branded residence pairs a property with the name and service standard of a recognised hospitality or luxury brand — here Dorchester Collection, owner of the Beverly Hills Hotel, Plaza Athénée in Paris and The Dorchester in London. Vela Viento is its first residence in Dubai: owners enjoy the group's concierge, valet and service standards. Dubai is the world's leading branded residences market, with 140+ projects tracked by Savills, where branded premiums reach +25 to 35% over comparable unbranded stock.
The communicated plan is a 60/40: 5% on booking, the balance staged up to 60% during construction, and 40% on handover (Q3 2027). This structure is consistent with other ultra-luxury Dubai residences launched in 2026.
Yes. Any property purchase from AED 2M in a freehold zone, including off-plan with a DLD-approved developer such as OMNIYAT, qualifies the buyer for the 10-year renewable Golden Visa, for the buyer and their family — with no minimum stay requirement in the UAE.
No income tax or capital gains tax for individuals holding in their own name. The 9% corporate tax does not apply to a personal real estate investment. Only the 5% municipal housing fee applies to rents, payable by the occupant. Acquisition costs (DLD 4%, Oqood, trustee, NOC) total 6 to 8% of the price, commission included.
Yes. Marasi Bay, within Business Bay, is one of Dubai's designated freehold zones where foreigners buy in full ownership, with a long lease or usufruct option available up to 99 years depending on the structure chosen.
The single Celestial Penthouse spans 20,841 sqft (~1,936 sqm) across 4 bedrooms, at the top of the tower. It sits within the "Sky Palaces" bracket listed from AED 150M (~$40.8M / €35.3M) by the selling agent — to be confirmed subject to availability with GADAIT.
OMNIYAT announces delivery for Q3 2027. As with any off-plan project in Dubai, this timeline remains indicative and is safeguarded by the RERA escrow account, which protects buyer payments through to certified construction milestones.
The architecture is by Foster + Partners (Norman Foster's practice, behind the Gherkin in London and Apple Park). Interiors are by Gilles & Boissier, the Parisian duo known for Cheval Blanc Paris — their first Dubai residence. Service is provided by Dorchester Collection.
OMNIYAT develops several ultra-luxury addresses in Dubai, including One at Palm Jumeirah and AVA at Palm Jumeirah — benchmarks for the city's highest-value residential transactions. Vela Viento is the first to carry the Dorchester Collection hospitality brand and the first to sit on Marasi Bay, Business Bay, rather than on the Palm.
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