Vela is an ultra-luxury development located along the Water Canal in Business Bay. This tower is the best option for those who want premium living in the heart of the emirate with easy access to every corner of Dubai. The project is scheduled for completion in the 4th quarter of 2026.
Location:
— Omniyat Vela is located in Marasi Bay on the banks of the Dubai Water Canal in Business Bay. Travel time to Dubai city center is just 10 minutes by car, while Dubai Marina and Dubai International Airport can be reached in approximately 15 minutes.
– Nearby attractions within a 10-minute drive include the Dubai Mall, offering a wealth of branded stores and endless entertainment options, the Burj Khalifa with observation decks and gourmet restaurants such as Atmosphere, Armani/Mediterraneo and many more, and the Dubai Opera, where concerts, conferences and other events take place throughout the year.
— As for shopping, it’s worth visiting City Walk and Bay Avenue. Restaurants nearby to Vela include Secret Cuisine Restaurant, Exception Restaurant & Lounge, Republic Adda Bar & Lounge and Rosso Amore Restaurant. Omniyat Vela has easy access to Safa Park, Ras Al Khor Wildlife Sanctuary and Jumeirah Beach. Sports fans can also enjoy The Track and Meydan Golf, a 9-hole course ideal for players of all levels.
Economic attractiveness:
— The average return on investment in this area for apartments is 7% per annum.
– Foreign owners can apply for a 10-year investor visa, which will allow you to sponsor a spouse, children, as well as household staff.
— You can also profitably resell this property.
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