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Vela

Canal Heights 2, Business Bay, Dubai, UAEArea guide: Business Bay

OmniyatDeveloperOmniyatView developer profile

Discount

5%

Handover

Q4 2026

Payment Plan

See all 60/40 payment plan projects
60%
40%

5% down

Starting price

AED 43,330,140

60/40 · 5% down

Register interest

Last verified 17 Sept 2026 · Source: Developer feed · Report an error

Current Promotions

  • Discount

    The Business Bay sheet explicitly lists a 5% broker commission for Vela 3 and 4BR units in Marasi Bay.

    5%

About Vela

Vela is a residential development by Omniyat in Dubai, offering contemporary homes with practical layouts, open views and access to nearby retail and leisure destinations. The project combines modern architecture, shared amenities and a connected community setting. Residents benefit from convenient links to Dubai’s major roads, established lifestyle destinations and everyday services. Its practic…

Location

Canal Heights 2, Business Bay, Dubai, UAE

Distance from key locations

  • Burj Khalifa1.7 km
  • Dubai International Airport10.4 km
  • Mall of the Emirates12 km
  • Global Village13.5 km
  • Palm Jumeirah17.4 km

Approximate straight-line distances, not driving distances.

Exact locationGet directions

Floor Plans

Unit availability and pricing

Sign in to see live availability and the developer’s unit-by-unit pricing.

Project documents

Brochures

Payment schedule

  • 1Deposit5%
  • 2During construction55%
  • 3On handover40%

Request the full payment plan for Vela

Our team will send you the complete payment schedule, floor plans and current offer from Omniyat.

  • Full payment plan + down payment
  • Available unit types and launch prices
  • Early-bird offers before public launch
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Frequently asked questions about Vela

What is the handover date for Vela?
Vela is scheduled for handover in Q4 2026.
What is the starting price of Vela?
Prices start from AED 43,330,140. Contact our team for current availability.
Who is the developer of Vela?
Vela is being developed by Omniyat.
Where is Vela located?
Vela is located in Canal Heights 2, Business Bay, Dubai, UAE.