Project general facts VELA, Dorchester Collection, Dubai is a striking waterfront development that elevates luxury living through a seamless blend of architecture, design, and hospitality. Developed by OMNIYAT and managed by Dorchester Collection, VELA offers a refined lifestyle where every detail is curated for comfort, elegance, and exclusivity. Set along the serene waters of Marasi Bay, the project enjoys captivating views of the iconic Burj Khalifa and the vibrant Downtown Dubai skyline. The architecture, designed by Foster + Partners, reflects fluidity and modern sophistication, inspired by the movement of water and the surrounding landscape. Expansive floor-to-ceiling windows flood each residence with natural light while framing panoramic views that transition beautifully from day to night. Interiors are masterfully crafted by the renowned Parisian design duo Gilles & Boissier, known for their timeless yet contemporary aesthetic. The residences exude a calm, refined ambiance with carefully selected materials, balanced textures, and elegant detailing that create a sense of understated luxury. Each apartment is delivered fully furnished, featuring fully equipped kitchens and
| Milestone | Share | On AED 43.33M |
|---|---|---|
| On booking | 5% | AED 2.17M |
| During construction | 55% | AED 23.83M |
| Upon Handover | 40% | AED 17.33M |

Omniyat, founded in 2005, is a visionary Dubai-based developer known for redefining luxury through architecture and design. Driven by a concept they call "The Art of Elevation," Omniyat creates immersive living experiences that combine creativity, quality, and rarity. Each project is a curated work of art, merging…
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Vela Dorchester Collection starts from AED 43.33M and runs to AED 65.72M, across 3 bedroom, 4 bedroom. Prices move with each release; the pack carries the current list.
5% on booking, 55% during construction, 40% upon handover, worked in dirhams on AED 43.33M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Omniyat lists handover for Q4 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Business Bay, Dubai: Kids Castle Nursery in Down Town 0.4 km, South Ridge Park 1.8 km, Dubai Mall Chinatown 3.5 km. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 12742165920002. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.
