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Vela, Dorchester Collection
Vela is a 30-storey, 150-metre tower of 38 homes on the Marasi Bay waterfront in Business Bay, next to The Lana hotel.
From AED 43.3m
- ≈ £8.82m · $11.79m
Plan: 5/55/40
Handover: Q4 2027
Since 2003 · Dubai + London · Licence 601049 · RERA ORN 1219
Key information
Vela, Dorchester Collection at a glance
- Developer
- Omniyat
- Location
- Marasi Bay, Business Bay
- Homes
- 3, 4, 5
- Sizes
- 4,253 to 11,727 sq ft
- Handover
- Q4 2027The developer’s date. Use the date in your sale agreement.
- Government fee
- 4% of the price to the Dubai Land DepartmentAED 1.73m on the starting price
All key information6 more facts: payment plan, status, launched, number of homes, floors, progress
- Payment plan
- 5/55/40
- Status
- Under construction
- Launched
- June 2023 (sales start, listing data)
- Number of homes
- 38 residences in one 30-storey tower
- Floors
- 30 storeys
- Progress
- Structure at level 10, with facade and interior works under way (developer, January 2026)
Checked 12 October 2026 against the developer’s own pages and public records. Starting prices are the developer’s published figures and change often: ask for today’s price list.
Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked 12 October 2026 · 4 sources
What stands out
- Only 38 homes, including 3 penthouses and 1 sky palace
- 30 storeys and 150 metres tall
- Architecture by Foster + Partners, interiors by Gilles & Boissier
More that stands out2 more points and 10 amenities listed by the developer
- Services provided by Dorchester Collection
- Main contractor is ACC Group, appointed May 2025
- Infinity-edge lap pool
- Triple-height gym
- Cinema room
- Children's play areas
- Meeting rooms
- Spa suite and salon
- Concierge and valet
- Doorman and porter
- In-residence dining
- Car care service
Payment plan
How you pay for Vela, Dorchester Collection
5% on booking, 55% during construction, 40% on handover. This split comes from listing data, not from the developer's website.
What it costs to buy
- PriceFrom AED 43.3m
- Dubai Land Department fee (4%)AED 1.73m
- RegistrationAbout AED 520
- Developer’s admin feeVaries by project
Pounds and dollars are a guide, at mid-market rates on 3 November 2026; your bank’s rate will differ. Plans as published by the developer change between launches and unit types: we confirm the current plan in writing with the price list, and yours is the one in the sale agreement.
Before you buy
Before you buy, check
- The completion date has moved: Q2 2027 in May 2025, Q4 2027 on the developer's website now.
- Listings show earlier registered dates in 2026. Ask which date is in the sale contract.
- 40% of the price is due at handover on the listed plan. Confirm the plan in writing.
- Service charges are not published. Ask for the estimate.
Check the project and its escrow account with the Dubai Land Department before you pay.
Who Vela, Dorchester Collection suits3 kinds of buyer
- Buyers who want a very large apartment close to Downtown Dubai
- Buyers who want few neighbours and hotel-style services
- Buyers comfortable with a large payment at handover
Prices and floor plans
Today’s prices for Vela, Dorchester Collection
We send the current price list, floor plans and payment plan, and tell you honestly how it compares with similar projects. No spam.
More about Vela, Dorchester Collection
Where it isMarasi Bay, Business Bay · 4 places nearby
Vela stands on the Marasi Bay waterfront in Business Bay, beside The Lana hotel and the Marasi marina, with views towards Burj Khalifa and Downtown Dubai. Downtown is a short drive away, and Business Bay Metro station is the nearest metro stop.
- Business Bay Metro stationabout 5 min drive
- Burj Khalifa and Dubai Mallabout 10 min drive
- DIFCabout 10 min drive
- Dubai International Airportabout 20 min drive
Travel times are approximate and depend on traffic.
Pictures4 more developer renders
Developer render, 2 of 5 
Developer render, 3 of 5 
Developer render, 4 of 5 
Developer render, 5 of 5
Images: Omniyat. Artist impressions may differ from the finished building.
Common questions5 answered from the facts above
When will Vela, Dorchester Collection be finished?
Omniyat's website gives Q4 2027. In May 2025 the developer had said Q2 2027. In January 2026 the structure had reached level 10.
Who is the developer of Vela, Dorchester Collection?
Omniyat is the developer. Foster + Partners is the architect, Gilles & Boissier designed the interiors and ACC Group is the main contractor.
Where is Vela, Dorchester Collection?
It is on the Marasi Bay waterfront in Business Bay, Dubai, next to The Lana hotel.
What homes are available at Vela, Dorchester Collection?
There are 38 homes with three to five bedrooms, from 4,253 sq ft to 11,727 sq ft. They include three penthouses and one three-floor sky palace.
What is the payment plan at Vela, Dorchester Collection?
Listings show 5% on booking, 55% during construction and 40% on handover. Omniyat does not publish the plan on its website, so confirm it before you commit.
Everything elseOther Omniyat projects, sources
This page is a guide, not financial advice. Details come from the developer and public records and can change. Check the project and its escrow account with the Dubai Land Department before you pay.