Vela Dorchester Collection
Project Overview
Vela Dorchester Collection is an ultra-luxurious project from developer Omniyat, located on the Marasi Bay waterfront in the business district of Business Bay. The project is a 30-storey building with amazing architecture that combines minimalism, high-tech and modernism, and includes apartments Sky Residences and Marina Residences with 3-4 bedrooms, penthouses with 4 bedrooms and an exclusive Sky Palace with 5 bedrooms. The design and development was carried out by the famous bureau Foster + Partners. Residences of Vela Dorchester Collection have thoughtful comfortable layouts with spacious light rooms. High-quality materials are used in the decoration, and panoramic windows offer breathtaking views of the waterfront and the Dubai skyline. Residents are offered a wide range of world-class amenities, including a multi-functional gym, an infinity pool with panoramic views of the city, a spa, lounge areas and a cinema. A children's room is equipped for children. The complex also has a conference room, concierge services and 24-hour security with video surveillance. Thanks to its convenient location, residents will be able to quickly get to the city's attractions. Burj Khalifa and the Dubai Mall are just 5 minutes away, Dubai Water Canal and Safa Park are 10 minutes away, and Palm Jumeirah, Dubai Marina, Marina Mall and JBR beach are about 20 minutes away.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Developer and Project Facts
Vela Dorchester Collection by Omniyat Properties
Located in Business Bay
Starting from AED 35,900,000
Unit mix includes 3 BR, 4 BR, Apartments
Expected handover: Dec 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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