Project file
VELA — off-plan in Marasi Bay, Business Bay
- Price from
- AED 43,330,140
- Handover
- 2027 target — official Q4 2027 + portal Dec/Q4 2027 vs ACC news Q2 2027 (SPA binds)
- Status
- On sale
- Construction
- under construction
- Developer
- Omniyat
- Area
- Business Bay
Walk the Marasi waterfront and the slim stacked-plate tower beside The Lana is VELA. Omniyat’s live product name is VELA, Dorchester Collection, Dubai. Listing sites often write Vela by Omniyat or Vela Dorchester Collection. [1] [4]
Independent research for a buyer choosing a home — not Omniyat’s sales page. Works are already underway. [2] [5] Off-plan means you pay over years before you get keys. Decide you want this tower first. Then open the booking form and the sale contract and check both already print VELA plus your unit. Sister file: VELA Viento. Explained on our Method page.
Gallery
Images: Omniyat / Propsearch
Who it’s for
People comparing a Marasi Bay 3–5 bed who can live with a 2027 keys target and will check the papers already say VELA — not Viento, not The Lana Residences — plus the plan, the unit ID and DLD registration. [1]
Who it’s not for
OffplanInsight analysis: not a fit for anyone who needs keys in 2026, anyone shopping a 1–2 bed (official mix starts at 3 bedrooms), a mid-market canal stack, Palm beachfront, or a pack that only says “Marasi Bay” and never VELA. [1]
Snapshot
- Builder — Omniyat; portals say Omniyat Group (high) [1] [4]
- Name on Omniyat — VELA, Dorchester Collection, Dubai (high) [1]
- Name on portals — Vela Dorchester Collection / Vela by Omniyat (high) [4]
- Plot — Marasi Bay, inside Business Bay (high) [1] [4]
- Architect / interiors — Foster + Partners · Gilles & Boissier (high) [1] [5]
- Hotel brand on the lifestyle copy — Dorchester Collection (high) [1]
- Official families — Marina Residences, Sky Residences, three penthouses, one Sky Palace · 3–5 bedrooms (high) [1]
- Stock — 38 homes on Omniyat, Property Finder and Propsearch (high) [1] [4] [5]
- Massing — about 150 m; Omniyat 30 floors vs Propsearch 31 plus four basements (high / med) [1] [5]
- Listing-site open — about AED 43.33 million (med — marketing floor) [4]
- Instalment chip — 5 / 55 / 40 on Property Finder only (med) [4]
- Keys talk — live Omniyat + PF Q4 / December 2027; ACC note Q2 2027 (med — target, can slip) [1] [4] [2]
- Title chip — freehold on Property Finder (med) [4]
Headline “from” numbers sort a shortlist. The ticket is the dated sheet for the flat you actually reserve.
Product shape
Picture one pale tower with layered terrace plates over the marina, not a mid-market canal block and not the twin-tower VELA Viento a short walk away. [1] [6]
What Omniyat prints on the product page:
- 38 homes in a single building [1]
- Bedroom count 3 to 5; form types simplex, duplex, penthouse, Sky Palace [1]
- Four named families — Marina Residences, Sky Residences, three penthouses, one three-level Sky Palace (two pools, private gym, majlis) [1]
- Published size band 4,253–11,727 sqft [1]
Propsearch’s brochure table cuts finer: 3-bed Marina 4,253–6,361 sqft, 4-bed Marina 7,262–7,374, 3-bed Sky 6,302, 4-bed Sky 8,462, 4-bed penthouses 11,048–11,727, Sky Palace 22,992 sqft. [5] That last stamp sits above Omniyat’s published ceiling. Circle net area on the contract drawing.
Property Finder’s cards are a third language: 3-bed 4,256–6,361 sqft from AED 43 million, 4-bed 7,368 sqft from AED 63 million, penthouse cards 7,337–7,373 sqft from AED 63 million. [4] Those penthouse sizes do not match the ~11,000 sqft brochure penthouses. A portal type letter is not a bedroom count.
Keep VELA and Viento in different folders. Omniyat’s Marasi map also lists The Lana Residences and commercial ENARA. [6] [2] After you pick VELA, check the reservation and sale contract already carry that string — you do not draft Omniyat’s forms.
Lifestyle copy piles on an infinity lap pool, a triple-height gym, cinema, kids’ play, spa suite, L-shaped terrace pools, Dorchester concierge talk, plus claimed use of The Lana and One at Palm. [1] [5] Only count what the unit exhibits attach to your home.
Payment plan and timing
Public clocks do not agree:
- Live Omniyat page: finished by Q4 2027 [1]
- Property Finder: December 2027 / Q4 / expected 1 December 2027 [4]
- May 2025 Omniyat contractor note: VELA in Q2 2027 (Viento in Q3) [2]
- November 2023 groundbreaking story: Q4 2026 — stale against the live page [3]
The year 2027 is dual-supported. [1] [4] Q2 versus Q4 is a real gap. Brochure calendars move. Only the sale contract and the written keys notice settle the month.
On the works clock, Omniyat’s November 2023 story says digging began after a June 2023 release. [3] Propsearch also stamps November 2023 and later site photos. [5] Property Finder prints booking 1 June 2023 and works 2 June 2023 — earlier than the official groundbreaking. [4] The May 2025 note names Arabian Construction Company (ACC Group) for both Marasi towers. [2]
Cash sketch, portal only: Property Finder shows 5% at sales launch, 55% during works, 40% at keys. [4] Omniyat’s product text we captured has no instalment table. A few broker pages still float 60/40. Copy the printed calendar, not a chip.
Money talk: Omniyat publishes no open price. [1] Property Finder’s floor is about AED 43.33 million, with 3-bed cards from AED 43 million and 4-bed from AED 63 million. [4] Propsearch still shows launch-from AED 30.3 million. [5] A later DLD-linked 3-bed row on that building page is AED 28.8 million (April 2026). [4] [5] Treat every “from” as a filter.
Area and developer context
Open the Omniyat hub for brand context only. Foster + Partners and Dorchester Collection branding do not skip registration, escrow or yearly service-charge checks on this building. [1]
For the neighbourhood, open Business Bay. The plot Omniyat and Property Finder actually name is Marasi Bay, not a vague canal pin. [1] [4] Drive times and marina rights live on the title exhibits.
Propsearch maps the delivery vehicle to Downtown Creek Real Estate Development. [5] Read the company line on the reservation pack — a brochure logo is not the seller.
Other Business Bay files already live here: VELA Viento and Marasi Bay Island. Further along the canal, The Ritz-Carlton Residences at Business Bay and Eywa Tree of Life are different sellers. Same district, different purchases.
Watch-outs on VELA
- Wrong Marasi name — VELA, VELA Viento and The Lana Residences sit on the same water. Choose first, then check the form already matches. [1] [6]
- Keys quarter fight — live page + PF say Q4 / December 2027; the ACC note says Q2 2027; an old groundbreaking line said 2026. Leave slack. [1] [4] [2]
- Three “from” stories — PF about AED 43.33 million, Propsearch launch AED 30.3 million, a later 3-bed sample near AED 28.8 million. [4] [5]
- No official instalment table on the Omniyat capture — the 5/55/40 chip is Property Finder’s. [4] [1]
- Penthouse arithmetic — brochure near 11,000 sqft versus PF cards near 7,300 sqft; Sky Palace 22,992 sqft sits above the official 11,727 ceiling. [1] [5] [4]
- Seller name — Omniyat on the brochure, Downtown Creek on Propsearch. [5]
No yield promises. No “last units” theatre.
Before money moves
- Pick VELA and the bedroom type. Then read the reservation and the sale contract. Product name, unit ID, net area, beds and parking should already match. You do not write Omniyat’s forms. Hand back a vague “Marasi Bay” line. [1] [4]
- Use Dubai Land Department tools to check this tower’s registration and escrow account before a booking fee leaves.
- Ask for a dated VELA price list. If someone quotes near AED 30 million or AED 28.8 million, make them show how that sits next to PF’s AED 43.33 million floor. [4] [5]
- Rebuild cash flow from the printed VELA milestones. The 5/55/40 chip is a sketch. [4]
- Circle beds, net versus terrace, floor and parking. Ask whether a ~7,300 sqft “penthouse” card is the same home as the ~11,000 sqft brochure penthouse. [1] [4]
- If Omniyat and Downtown Creek both appear, ask which legal seller is on the form. [5]
- If the site tour also showed VELA Viento, treat that as a second product. Two folders. [6]
- Read the buyer checklist again before any deposit leaves.
Bottom line
Bottom line: VELA is Omniyat’s 38-home Marasi Bay tower with Foster + Partners architecture, Gilles & Boissier interiors and Dorchester Collection lifestyle copy. [1] [4] Official materials lock the name, the 3–5 bed mix and a Q4 2027 keys story. Property Finder adds an AED 43.33 million floor, a 5/55/40 chip and December 2027. [1] [4] Watch the Q2 versus Q4 fight, the 43.3 / 30.3 / 28.8 million price spread, and the penthouse size clash. This site is independent research, not official Omniyat disclosure.
FAQ
Who is developing VELA?
Omniyat presents VELA, Dorchester Collection, Dubai as this Marasi Bay tower. Foster + Partners is the architect; Gilles & Boissier did the interiors; ACC Group is the named main contractor. [1] [2]
Which part of Dubai is it in?
Marasi Bay, inside Business Bay, next to The Lana. Not Palm Jumeirah. Not Dubai Marina. [1] [4]
Is this the same buy as VELA Viento?
No. VELA is the 38-home single tower. Viento is Omniyat’s other Marasi product with about 95 homes. Choose one, then check the booking form already prints that name. [1] [2] [6]
What mix is public?
Official copy talks 3–5 bedrooms across Marina Residences, Sky Residences, three penthouses and one Sky Palace, from about 4,253 to 11,727 sqft. Propsearch also prints a 22,992 sqft Sky Palace. Trust the contract plan. [1] [5]
What open price is advertised?
Omniyat’s page is silent. Property Finder’s marketing floor is about AED 43.33 million. Propsearch still shows launch-from AED 30.3 million, and a later 3-bed DLD sample sits near AED 28.8 million. Ask for a dated unit sheet. [1] [4] [5]
When do pages talk about keys?
The live Omniyat page and Property Finder both say Q4 / December 2027. A May 2025 contractor note says Q2 2027. An older groundbreaking story said Q4 2026. Treat every public month as a forecast. The date that counts is the one already printed on the sale contract you are given. [1] [4] [2]
Sources
- VELA, Dorchester Collection, Dubai — official product page · Omniyat. Accessed 2026-08-14.
- OMNIYAT appoints ACC Group as main contractor for VELA and VELA Viento · Omniyat. Accessed 2026-08-14.
- Announcing the groundbreaking of VELA Dorchester Collection, Dubai · Omniyat. Accessed 2026-08-14.
- Vela Dorchester Collection — Business Bay by Omniyat Group · Property Finder. Accessed 2026-08-14.
- Vela by Omniyat — Business Bay building guide · Propsearch. Accessed 2026-08-14.
- Marasi Bay destination · Omniyat. Accessed 2026-08-14.
Next step
Like it? See how it compares to similar projects, then ask the developer for the live price list and floor plans — everything here is marketing until they confirm it in writing.
