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Business Bay

VELA VIENTO

2 BR · Apartment

What the seller states

Floor
(10-15)
View
Burj Khalifa, Canal

Payment plan

Payment plan for the unit

About the building

42-storey residential building in Business Bay. Developer — Omniyat Properties. Architect — Foster + Partners и Archgroup Consultants.

What the building has

  • Swimming pool
  • Gym
  • Parking
  • 24/7 security

Where it is

Business Bay

The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.

  • central location at a discount
  • short-let on the canal
  • deep tenant demand

What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.

Full district guide →

Questions and answers about lot NP2-104570

How much is this 2-bedroom apartment in VELA VIENTO?

Lot NP2-104570 is priced at AED 15 200 000, about $4 139 000. The size is 2 971 sq ft (276 m²), which works out at AED 5 116 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 19 727 430; it is now AED 15 200 000 — AED 4 527 430 less, or 23%.

Is this expensive or cheap for Business Bay?

The database holds 360 lots in Business Bay. The area median is AED 2 873 per sq ft; this lot, at AED 5 116, is 78% above it. 107 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Business Bay area guide →

Is the property ready or still under construction?

The handover date in the listing is MAY 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.

Can I get a mortgage on this lot while it is still under construction?

During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.

Mortgage for the final payment →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 608 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 15 200 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about VELA VIENTO?

The building has 42 floors and 92 units. The developer is Dubai Properties. Figures are from the project passport: Propsearch and the Dubai Land Department.

VELA VIENTO project page →

What does the seller say about the property itself?

From the listing: floor — (10-15); view — Burj Khalifa, Canal. The seller's wording is quoted as is.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP2-104570 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: VELA VIENTO

Reviews from the English YouTube channel — each one with a written breakdown on this site.

QR code for Dubai Land Department advertising permit validation

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