VELA, Dorchester Collection, Dubai
Thirty-eight residences by OMNIYAT on Marasi Bay, drawn by Foster + Partners and run by Dorchester Collection — one home to a floor.
Starting Price
AED 30.3M
Handover
Q4 2026
Number of Units
38
Two Hundred Seventy-Two Thousand Square Feet, Thirty-Eight Homes
Foster + Partners drew two connected towers rising a hundred and fifty metres above Marasi Bay, then placed a single residence on each floor. The lift opens into your own lobby, and no one else’s.
Project Overview
VELA, Dorchester Collection, Dubai is OMNIYAT’s waterfront tower on Marasi Bay in the Burj Khalifa District: two connected volumes rising 150 metres across 30 floors and holding only 38 residences. Architecture is by Foster + Partners, interiors by Gilles & Boissier, and the building is managed by Dorchester Collection. Three to five bedroom homes run from 4,257 to 22,992 sq.ft, each entered through its own lift lobby, and select residences carry an L-shaped corner pool.
- LocationBusiness Bay
- DeveloperOmniyat
- HandoverQ4 2026
- Payment Plan60/40
Buyers pay 5% on booking, then 55% across six instalments during construction, with the remaining 40% due on handover in Q4 2026. - TypesApartment, Penthouse
- Bedrooms3, 4, 5
- FloorsG+30 — two connected towers, 150 m tall
- Brand CollaborationDorchester Collection
Key points of the project
Thirty-Eight Residences, One to a Floor
Thirty floors hold thirty-eight homes, so a floor is usually a single residence. Each is reached through a private lift lobby that opens directly into the apartment.
L-Shaped Wraparound Corner Pools
Select residences carry an L-shaped pool that wraps the corner of the terrace — a form OMNIYAT states is found nowhere else in Dubai — beside living rooms rising to six metres.
Dorchester Collection’s First UAE Residences
The hotel group behind The Dorchester and Le Meurice manages the building, extending its service into the homes and opening its hotel facilities to residents.
Floor Plans
3 Bedrooms
Apartment
3 Bedrooms
Apartment
4 Bedrooms
Apartment
4 Bedrooms
Apartment
Payment Plan
On Booking
Upon Reservation
5%
During construction
Six instalments across the construction period: 20%, 10%, 5%, 5%, 5% and 10%
55%
On Handover
Q4 2026
40%
On Booking
Upon Reservation
5 %
During construction
Six instalments across the construction period: 20%, 10%, 5%, 5%, 5% and 10%
55 %
On Handover
Q4 2026
40 %
Dorchester Collection
Dorchester Collection is the group behind The Dorchester in London, Le Meurice and Plaza Athénée in Paris and the Beverly Hills Hotel — a portfolio small enough that each address is known by name rather than by brand. VELA is its first branded residence in the UAE, and the involvement is operational rather than nominal: the group manages the building, places a dedicated residence concierge, doorman and porter service on site, and extends its à la carte hotel services into the homes. Residents also hold membership access to the facilities and spa at The Lana, the group’s Dubai hotel, and to the beach club at One at Palm Jumeirah.
Amenities
Similar Projects
Get professional property guidance
Leave your details, and an advisor will help you choose the right property and navigate the purchase process.
Location
VELA, Dorchester Collection, Dubai is OMNIYAT’s waterfront tower on Marasi Bay in the Burj Khalifa District: two connected volumes rising 150 metres across 30 floors and holding only 38 residences. Architecture is by Foster + Partners, interiors by Gilles & Boissier, and the building is managed by Dorchester Collection. Three to five bedroom homes run from 4,257 to 22,992 sq.ft, each entered through its own lift lobby, and select residences carry an L-shaped corner pool.
Have any questions about this property?
Leave your details, and a project manager will answer all your questions
Jamie Lane
Luxury Property Advisor
Omniyat
The developer of Dubai’s record-breaking penthouses — Omniyat commissions architects like Zaha Hadid and sells to a few hundred buyers, not thousands.
Who We Are
Penthouse.ae is the luxury arm of Metropolitan Premium Properties, an award-winning agency and part of the Metropolitan Group, founded in 2008. We curate the finest off-plan and secondary homes across the UAE, pairing discerning buyers with penthouses, mansions and waterfront residences, backed by full-cycle service from first viewing to handover.
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
Working Process
Our services are completely free — you always buy directly from the developer while we provide expert guidance at every step, often securing terms and pricing better than going direct. With us, the process is transparent, personal and stress-free.
Investment and Property Consultation
We assess your objectives, capital strategy and risk profile to determine whether Dubai real estate aligns with your long-term investment goals.
Market Review
We provide a clear overview of market structure, legal framework and capital deployment options, ensuring full transparency before any commitment.
Curated Property Presentation
We prepare a tailored shortlist of properties aligned with your strategy, covering structured entry, holding and exit considerations.
Due Diligence & Structuring
We review documentation, transaction terms and ownership structure, coordinating payment scheduling and capital transfer on your behalf.
Secure Acquisition
We manage the full purchase through regulated, escrow-based procedures for complete transparency. Where required, a refundable Expression of Interest secures your allocation.
Best-in-Class Service
Your dedicated advisor stays with you throughout construction and up to handover, ensuring a smooth, effortless experience from start to finish.
Ongoing Asset Management
Post-acquisition, we support your rental strategy, asset optimisation and resale planning, aligned with your long-term investment objectives.
Frequently Asked Questions
VELA stands on Marasi Bay in Business Bay, the stretch where the Dubai Water Canal widens into a marina, within what OMNIYAT calls the Burj Khalifa District. Downtown Dubai is around ten minutes away, Dubai Marina and Dubai International Airport fifteen, and Al Maktoum International thirty.
Thirty-eight in total. Three bedroom homes run from 4,257 sq.ft as Marina Simplex, Marina Double Height with Pool and Sky Residences; four bedroom homes from 7,338 sq.ft as Marina Double Height with Pool, Sky Residences and Penthouses of up to 11,727 sq.ft; and a single five bedroom Sky Palace of 22,992 sq.ft across three floors. All are delivered fully furnished.
Architecture is by Foster + Partners, who drew two connected towers rising 150 metres over 30 floors. Interiors and furnishing are by the Parisian studio Gilles & Boissier. The developer is OMNIYAT, founded in 2005.
The group manages the building and extends its hotel service into the residences: a dedicated 24/7 residence concierge, doorman and porter services, valet parking and car grooming, housekeeping and à la carte services on request. Residents also hold membership access to the facilities and spa at The Lana and to the beach club at One at Palm Jumeirah.
Handover is scheduled for Q4 2026, when the final 40% of the price falls due.
A 60/40 plan: 5% on booking, 55% across six instalments during construction — 20%, then 10%, 5%, 5%, 5% and 10% — with the remaining 40% payable on handover in Q4 2026.
Have any questions about this property?
Leave your details, and a project manager will answer all your questions
Jamie Lane
Luxury Property Advisor
This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)
