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VELOR by Ginco Properties in Downtown Dubai

- Prime location near Burj Khalifa & Dubai Mall for strong capital growth and rental yields - Limited supply: Only 29 canal-facing penthouses in Downtown Dubai - Spacious layouts up to 6,000+ sq.ft. with 3.2m ceilings and European finishes

Starting price

8,3M

Handover

Q4 2027

Area

Downtown Dubai

Overview VELOR by Ginco Properties

4-5 Bedroom Penthouses

Living area from 2,999 sq.ft.

Limited Collection of 29 Canal-Facing Penthouses

VELOR by Ginco Properties offers 29 bespoke penthouses in the heart of Downtown Dubai. This iconic tower combines striking canal-facing architecture with spacious layouts averaging 6,017 sq.ft. Each residence features a 3.2-meter ceiling height, ensuite bedrooms, two kitchens (for 5BR units), maid’s room, and premium German and Italian finishes. Developed by Ginco Properties, with over 45 years of experience, VELOR redefines penthouse living with uncompromised luxury and exclusivity.

Rooftop Infinity Pool

Stunning skyline views meet endless swimming.

Outdoor Yoga Deck

Peaceful space to stretch and recharge under the sky.

Spa & Sauna (Separate Male/Female)

Relaxation zones tailored for ultimate wellness.

90+ agents who specialize in your target area

60/40 Payment Plan

Pay 10% Upon Booking. Pay 50% during costruction and the final 40% upon handover

Booking

Upon Booking

10%

payment

2nd Installment

After 30 Days

10%

payment

3rd Installment

October 2025

10%

payment

4th Installment

March 2026

5%

payment

5th Installment

August 2026

5%

payment

6th Installment

January 2027

10%

payment

7th Installment

May 2027

10%

payment

Final Payment

On Handover (Q4 2027)

40%

payment

Floor plans

    Pay 10%

    For booking

    Upon Request

    Starting price

    Pay 10%

    For booking

    Upon Request

    Starting price

Project overall capacity is limited

Units with the best views are usually sold-out in weeks. Reach out to us to check availability book your unit

About

Our team of 90+ professionals has served over 120,000 customers in 15+ languages, ensuring clear communication and understanding. We guarantee transparent transactions and leverage our extensive real estate network to provide a smooth, successful experience.

90+ professionals

120,000 customers

15+ languages

1B AED in sales

Ginco Properties

With over 45 years of experience in Dubai’s real estate landscape, Ginco Properties has evolved from a top-tier contractor to a niche developer of high-end living spaces. Known for executing projects for Emaar and Nakheel, Ginco now brings that same precision to its own developments—like VELOR, redefining penthouse exclusivity.

Learn more

Location - Downtown Dubai

Burj Khalifa10 min walk
Dubai Mall10 min walk
Dubai Opera12 min walk
Prime opportunity in Downtown Dubai's vibrant property market

VELOR enjoys a prime address in Dubai’s most iconic district, steps from the Burj Khalifa and Dubai Mall. Residents benefit from vibrant culture, premium shopping, and direct access to the Dubai Canal.

Downtown Dubai

Projects in this area

FAQ

What is VELOR by Ginco Properties?

VELOR is a luxury residential tower in Downtown Dubai offering only 29 ultra-spacious 4 and 5-bedroom penthouses with canal and skyline views.

What makes VELOR unique in the Downtown Dubai market?

VELOR stands out for its low-density design, premium German and Italian finishes, large layouts averaging over 6,000 sq.ft., and its exclusive penthouse-only configuration.

Who is the developer of VELOR?

Ginco Properties, a boutique developer with 45+ years of experience delivering iconic projects for leading names like Emaar and Nakheel.м

What amenities are available for residents?

Amenities include a rooftop infinity pool, yoga deck, spa, fitness center, executive lounge, valet, on-demand chefs, and much more.

What is the starting price and handover date?

Prices start from AED 8.25M for 4-bedroom penthouses. The estimated handover is scheduled for Q4 2027.

Is VELOR a good investment opportunity?

Yes — with limited supply, a prestigious location, and high-end specifications, VELOR is positioned for strong capital appreciation and rental yield potential.

Palm View Tower 1, Ground Floor, R02, Dubai, UAE

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