
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| VELOR launch basis | 9,167 | AED 8.25M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |


















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Astraterra Properties
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Business Bay
VELOR by Ginco Properties
Located in Business Bay
Starting from AED 8,250,000
Unit mix includes 4 BR, 5 BR, Penthouse
Expected handover: Jun 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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