Vela Viento — project image
Off-Plan

Vela Viento

From AED 25.75M·Handover Dec 2028·25% down payment Payment
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AED 25.75M
Starting Price
Dec 2028
Handover
25% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Vela Viento is a project in the prestigious Business Bay area on the Dubai Water Canal.The project was developed and designed by the renowned architectural firm Foster + Partners, and the interior and furniture design was done by Gilles & Boissier. The main feature of the building is its unique dancing shape. Such an amazing effect of the towers is created due to smooth curves, horizontal lines and multi-level balconies. Two towers, one of which rises to 41 floors, and the second to 21, are connected by floating bridges, which are dining areas for three luxurious residences Sky Bridge Duplexes. The complex features fully furnished four-bedroom residences and duplexes from the Sky Bridge Duplexes collection, as well as exclusive four-bedroom penthouses from the Celestial Penthouses collection. Each residence in the complex has a private balcony and a swimming pool. In addition, residents are offered a host of top-notch amenities such as a large infinity pool, a state-of-the-art gym, a yoga studio, residents’ lounge, children’s and adult pool, a spa and a conference room. Vela Viento enjoys an attractive location in close proximity to the main Sheikh Zayed Road. Landmarks such as Burj Khalifa, Dubai Mall, City Walk and Museum Of The Future are all within a 10-minute radius, while Palm Jumeirah and Dubai Marina are approximately a 20-minute drive away.

Project Specifications
DeveloperOmniyat Properties
LocationBusiness Bay
Unit Types2 BR, 3 BR, 4 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Rental analysisSee scenario below

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.

Scenario Cap Rate
4.3%
NOI AED 1.11M / year
Cash-on-Cash
2.2%
Levered cashflow AED 261,366
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 11.85M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Omniyat Properties.

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Payment Structure

25% down payment

Published payment summary

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Indoor Yoga
Laundry
Lift
Lobby
Pool Deck
Private pool
Recreational areas
Resting Areas
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Vela Viento location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

01

Vela Viento by Omniyat Properties

02

Located in Business Bay

03

Starting from AED 25,750,368

04

Unit mix includes 2 BR, 3 BR, 4 BR, Apartments

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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