The developer Omniyat, together with the ultra-luxury hotel operator Dorchester Collection, announced the launch of The Vela in the Business Bay community.
The Vela is a high-end residential complex comprising 38 spacious apartments. The building is scheduled to be completed by the end of 2026. Currently, the initial price of the apartments in The Vela is AED 30 million (USD 8.17 million).
Each residential unit will occupy an area from 395 to 2,136 square metres and will have a private swimming pool. The developer also promises a large number of amenities, including a gym, a movie theatre, children's playgrounds, lounge areas, spas and a private marina.
The Dorchester Collection's portfolio of luxury properties includes Ava, One and Orla on Palm Jumeirah, as well as The Lana in Business Bay.
