Vela Viento
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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 1.11M / year
Cash-on-Cash
2.2%
Levered cashflow AED 261,366
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 1.67M / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Vela Viento launch basis28,612AED 25.75MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

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

Flexible Payment

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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

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

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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