Dubai, United Arab Emirates
Price from
≈ $11,790,334AED 43,300,000Rate as of 2026-10-13
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 73,390 / m²
+270% vs the city median (Dubai), sample of 372 projects
Write Now
Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago
Properties
Condominium
Area
590 m²
Bedrooms
3
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
5%
Properties
Condominium
Area
590 m²
Bedrooms
3
Is this expensive for the city
$19,984per m²pricier than 80% of city projects
+270% vs the city median (Dubai), sample of 372 projects
Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
A breakdown of this project for your budget and goals
We will go through the price, the payment schedule and what registration and upkeep cost.
- Current price and payment terms for this project
- The full purchase budget: price, registration, upkeep
- A reply in the messenger you choose within one business day
What it really costs
Payment plan
Step 1
On booking
5%$589,517
Step 2
On contract
20%$2,358,067
Step 3
Tax
4%$471,613
Step 4
Before commissioning
35%$4,126,617
Step 5
On transfer
40%$4,716,133
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$45,473
$545,672
5.7%
4.6%
$15,778,126
57%
Read moreCollapse
When is the season here
Driest months: Jul, Aug, Oct
Wettest months: Jan, Mar, Dec
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 17 |
| Feb | 20.8 | 8 |
| Mar | 23.3 | 16 |
| Apr | 26.9 | 9 |
| May | 30.7 | 4 |
| Jun | 33.1 | 4 |
| Jul | 35.0 | 1 |
| Aug | 35.4 | 1 |
| Sep | 33.5 | 2 |
| Oct | 30.7 | 1 |
| Nov | 26.5 | 8 |
| Dec | 22.5 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.3. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Area
590 m²
Properties
Condominium
Status
Under construction
Area
590 m²
Description
Omniyat Properties is building VELA Residences in Dubai, United Arab Emirates. The project is under construction. The apartments on offer have three bedrooms with an area from 590 square meters. Pricing starts at 43,300,000 AED, with a price per square meter from 73,390 AED. At 590 square meters and up, the three-bedroom layouts are built for buyers looking for larger floor plans rather than compact units. VELA Residences sits within the Dubai region, and Omniyat Properties is handling the development through its current construction phase.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Dubai, United Arab Emirates
Market context
Apartment prices
20%
Villa prices
29%
Residential transactions
56,723transactions
+16% YoY
Average apartment rent
AED 107,000
+8.5% YoY
Price per sqm
AED 1,600
+8% YoY
Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.
Sources (6) · updated 21/08/2026
- Property prices in Dubai continue upward trend in 2025
- UAE Q3 Real Estate Market Review 2025: Economic Growth Fuels Demand as Supply Stays Tight
- UAE Branded Residences Report 2025 | CBRE
- Dubai Real Estate Market Analysis - October 2025 | Price Trends & Forecast - Off Plan Bazaar
- Dubai real estate set for sustained growth in 2025 amid rising global demand: Knight Frank - Finance Middle East
- Destination Dubai 2025: Dubai Real Estate Market Outlook for Global Investors
Similar properties
Want to weigh several options before deciding?
We will send comparable options with price, area, completion date and payment terms.
- A side-by-side comparison of price and terms
- What to check on the property before signing
- The order of the deal and the cost of registration