VELOR — project image
Off-Plan

VELOR

From AED 8.25M·Handover Jun 2028·10% down payment Payment
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AED 8.25M
Starting Price
Jun 2028
Handover
10% down payment
Payment Plan
4 BR · 5 BR
Type

Project Overview

VELOR is a premium residential development by Ginco Properties, exclusively presented by One Broker Group, located in the prestigious Business Bay district in the heart of Dubai. The complex comprises two basement levels, three podium floors, and twenty six residential floors. The project offers exclusive four- and five-bedroom penthouses, featuring finishes from leading Italian and German brands — a perfect blend of craftsmanship, style, and comfort. The building showcases a striking contemporary design: a light glass faсade enhanced by vertical lighting creates an elegant silhouette against the city skyline. Clean geometry and open balconies add a sense of lightness and dynamic appeal to the architecture. The residences feature spacious, light-filled interiors with open-plan layouts, floor-to-ceiling windows, and high-quality materials. Kitchens are equipped with state-of-the-art appliances, bespoke cabinetry, and premium stone countertops, while spa-inspired bathrooms offer a serene and relaxing atmosphere. Residents have access to world-class amenities, including a rooftop infinity pool, fitness center, outdoor yoga zone, and gym. VELOR boasts a prime location within walking distance of Dubai’s most iconic landmarks: just 5 minutes to Burj Khalifa and Dubai Mall, 5 minutes to Dubai Canal, and approximately 15 minutes by car to Palm Jumeirah and Dubai International Airport.

Project Specifications
DeveloperGinco Properties
LocationBusiness Bay
Unit Types4 BR, 5 BR, Penthouse
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 355,987 / year
Cash-on-Cash
2.2%
Levered cashflow AED 83,737
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.79M / annual levered cash flow. Excludes time before letting.

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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ginco Properties.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Concierge Service
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Golf course
Infinity pool
Kids Play Area
Laundry
Lift
Lobby
Parking
Recreational areas
Retail outlets
SPA
Sauna
Security and CCTV
Social zone
Valet parking
Yoga studio

Location

Business Bay

Nearby Destinations

Business Bay

Developer and Project Facts

01

VELOR by Ginco Properties

02

Located in Business Bay

03

Starting from AED 8,250,000

04

Unit mix includes 4 BR, 5 BR, Penthouse

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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