−10% Projects by Downtown Creek Real Estate Development
All projects →Downtown Creek Real Estate Development
Vela by Omniyat in Business Bay — 31 storeys, under construction
3 lots in stock across 1 project. Of the 3 with a known status: 0 ready, 3 under construction. By median price — 3rd of 146.
Median price $11M AED 41,000,000
Entry price $9.74M AED 35,775,000 — the cheapest lot
Per square foot $1,772 AED 6,507 / sq.ft, median
Completed stock 0% 3 lots discounted, deepest −10%
Where they build
The districts where this developer has the most lots in our stock.
Business Bay 3
Downtown Creek Real Estate Development listings in stock
All stock →Downtown Creek Real Estate Development on video
What these numbers mean, and what they do not
The developer is inferred from the project name — there is no developer column in the base. So the figures describe our stock, not the company's share of the Dubai market: a developer sitting on an enormous volume of completed housing can look smaller here than one whose projects reach the resale market more often.
These are asking prices, not closed transactions. For a specific building I pull the registered Land Department sales and show where deals actually closed.
Other developers
All developers →Is Downtown Creek Real Estate Development worth buying
It depends what you are buying and why. Send me your budget and the job it has to do — I will tell you which of this developer's projects make sense right now and which I would walk past.
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