Velor Penthouses
Ginco PropertiesAbout this property
Velor is a statement of refined urban living, positioned among globally recognized landmarks and designed to offer a lifestyle defined by elegance, exclusivity, and attention to de…
Mortgage estimate
Pre-filled with this project’s starting price. Change any figure to model your own.
Estimate only. Excludes DLD transfer, agency and bank fees, and your bank sets the final figure.
Speak to a mortgage specialistSee properties up to this priceProject facts
- Handover
- Q4 2027
- Construction
- Under Construction
- Availability
- On Sale
- Available price range
- 8,250,000 – 20,643,000 AED
- Available sizes
- 3,000 – 6,018 sq.ft
- Available bedrooms
- 4 – 5
- Unit type
- Penthouse
- Units in project
- 10
- Buildings
- 1
- District
- Business Bay
- RERA escrow
- 3718441443613
- Service charge
- 22 AED/sqft
- Furnishing
- Yes
Layouts, sizes and prices
4 Bedrooms4 layouts3,000 sq.ft8,250,000 – 8,550,000 AED
| Layout | Size | Developer price |
|---|---|---|
| 4 bed | 3,000 sq.ft | 8,250,000 AED |
| 4 bed | 3,000 sq.ft | 8,250,000 AED |
| 4 bed | 3,000 sq.ft | 8,550,000 AED |
| 4 bed | 3,000 sq.ft | 8,550,000 AED |
5 Bedrooms4 layouts6,018 sq.ft17,955,000 – 20,643,000 AED
| Layout | Size | Developer price |
|---|---|---|
| 5 bed | 6,018 sq.ft | 19,530,000 AED |
| 5 bed | 6,018 sq.ft | 20,643,000 AED |
| 5 bed | 6,018 sq.ft | 17,955,000 – 18,438,000 AED |
| 5 bed | 6,018 sq.ft | 18,270,000 – 19,215,000 AED |
Every layout the developer has released for this project, with its price on launch. Some configurations may already be sold out, so this can start below the available range above. Ask an advisor for live inventory.
Payment plan
During construction5 payments30%
Documents and links
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Zen Area
Fitness Center
Female Spa
Zen Garden
Zen Lounge
Infinity Pool
Kid’S Play Area
Male Spa
Bbq Area
Kids Pool
Executive Lounge
Floor plans
Master plan
Location
What buyers actually paid
Registered sales at the Dubai Land Department, not asking prices.
Median price per sq.ft in Business Bay
By month, from registered sales. Portals chart asking prices here.
Comparable sales in Business Bay
What Studio sells for
1,355 registered sales in 12 months, median 2,499 per sq.ft.
| Date | Property | Size | Price | Per sq.ft |
|---|---|---|---|---|
| 9 Oct 2026 | Studio FlatReadyUPSIDE Living | 471 | 1,250,000 | 2,656 |
| 9 Oct 2026 | Studio FlatReadyTHE COURT | 471 | 606,460 | 1,288 |
| 8 Oct 2026 | Studio FlatReadyPeninsula Three | 422 | 1,200,000 | 2,847 |
| 8 Oct 2026 | Studio FlatReadyPeninsula One | 437 | 1,050,000 | 2,400 |
| 7 Oct 2026 | Studio FlatOff-planDG1 Living | 501 | 1,277,847 | 2,550 |
| 5 Oct 2026 | Studio FlatOff-planBinghatti Skyhall | 424 | 1,299,800 | 3,066 |
| 5 Oct 2026 | Studio FlatOff-planBinghatti Skyrise | 462 | 1,277,249 | 2,762 |
| 1 Oct 2026 | Studio FlatReadyPeninsula Four | 513 | 1,265,000 | 2,467 |
What Studio rents for
4,336 registered contracts in 12 months, median 137 per sq.ft a year, a gross yield of 6.6%.
| Contract | Size | Annual rent | Per sq.ft |
|---|---|---|---|
| 9 Oct 2026 | 512 | 93,750 | 183 |
| 9 Oct 2026 | 528 | 90,000 | 171 |
| 8 Oct 2026 | 515 | 90,000 | 175 |
| 8 Oct 2026 | 374 | 75,000 | 200 |
| 7 Oct 2026 | 651 | 90,000 | 138 |
| 7 Oct 2026 | 427 | 85,000 | 199 |
What 1 B/R sells for
2,201 registered sales in 12 months, median 2,329 per sq.ft.
| Date | Property | Size | Price | Per sq.ft |
|---|---|---|---|---|
| 9 Oct 2026 | 1 B/R FlatReadyDAMAC TOWERS BY PARAMOUNT | 929 | 1,225,000 | 1,319 |
| 8 Oct 2026 | 1 B/R FlatReadyPeninsula Four | 829 | 2,350,000 | 2,836 |
| 8 Oct 2026 | 1 B/R FlatReadyThe EDGE | 696 | 1,660,000 | 2,385 |
| 7 Oct 2026 | 1 B/R FlatOff-planBinghatti Aquarise | 908 | 2,001,999 | 2,205 |
| 7 Oct 2026 | 1 B/R FlatReadyPeninsula Four | 859 | 1,950,000 | 2,271 |
| 6 Oct 2026 | 1 B/R FlatOff-planOne by Binghatti | 1,176 | 2,541,999 | 2,161 |
| 6 Oct 2026 | 1 B/R FlatReadyTHE STERLING EAST HOUSE | 972 | 2,171,000 | 2,233 |
| 5 Oct 2026 | 1 B/R FlatReadyTHE OPUS BY OMNIYAT | 887 | 3,753,604 | 4,230 |
What 1 B/R rents for
7,025 registered contracts in 12 months, median 115 per sq.ft a year, a gross yield of 6.1%.
| Contract | Size | Annual rent | Per sq.ft |
|---|---|---|---|
| 9 Oct 2026 | 971 | 150,000 | 154 |
| 9 Oct 2026 | 781 | 100,000 | 128 |
| 8 Oct 2026 | 830 | 130,000 | 157 |
| 8 Oct 2026 | 695 | 120,000 | 173 |
| 7 Oct 2026 | 1,123 | 150,000 | 134 |
| 7 Oct 2026 | 827 | 140,000 | 169 |
What 2 B/R sells for
1,156 registered sales in 12 months, median 2,184 per sq.ft.
| Date | Property | Size | Price | Per sq.ft |
|---|---|---|---|---|
| 9 Oct 2026 | 2 B/R FlatOff-planBugatti Residences by Binghatti | 3,681 | 15,000,000 | 4,075 |
| 9 Oct 2026 | 2 B/R FlatReadyNOBLES | 1,259 | 2,100,000 | 1,668 |
| 8 Oct 2026 | 2 B/R FlatReadyTHE VOGUE | 1,013 | 1,400,000 | 1,382 |
| 6 Oct 2026 | 2 B/R FlatOff-planBinghatti Aquarise | 1,338 | 3,500,000 | 2,617 |
| 6 Oct 2026 | 2 B/R FlatOff-planCANAL HEIGHTS | 1,357 | 3,378,200 | 2,489 |
| 5 Oct 2026 | 2 B/R FlatOff-planBinghatti Aquarise | 2,364 | 3,749,999 | 1,586 |
| 5 Oct 2026 | 2 B/R FlatOff-planBinghatti Aquarise | 1,090 | 3,029,999 | 2,781 |
| 1 Oct 2026 | 2 B/R FlatReadyPeninsula One | 950 | 2,400,000 | 2,527 |
What 2 B/R rents for
3,172 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.6%.
| Contract | Size | Annual rent | Per sq.ft |
|---|---|---|---|
| 9 Oct 2026 | 1,190 | 125,000 | 105 |
| 9 Oct 2026 | 1,254 | 110,000 | 88 |
| 8 Oct 2026 | 1,179 | 170,000 | 144 |
| 8 Oct 2026 | 1,190 | 140,000 | 118 |
| 7 Oct 2026 | 1,626 | 240,000 | 148 |
| 7 Oct 2026 | 1,785 | 136,000 | 76 |
What 3 B/R sells for
307 registered sales in 12 months, median 2,298 per sq.ft.
| Date | Property | Size | Price | Per sq.ft |
|---|---|---|---|---|
| 5 Oct 2026 | 3 B/R FlatReadyPeninsula Four | 1,932 | 5,000,000 | 2,588 |
| 1 Oct 2026 | 3 B/R FlatOff-planRoyal Regency Suites | 2,915 | 5,307,900 | 1,821 |
| 1 Oct 2026 | 3 B/R FlatOff-planRoyal Regency Suites | 2,730 | 4,677,850 | 1,714 |
| 30 Sep 2026 | 3 B/R FlatReady | 6,162 | 8,200,000 | 1,331 |
| 29 Sep 2026 | 3 B/R FlatReadyTHE COSMOPOLITAN | 1,816 | 2,000,000 | 1,101 |
| 28 Sep 2026 | 3 B/R FlatReady | 2,197 | 4,100,000 | 1,866 |
| 28 Sep 2026 | 3 B/R FlatReady | 1,905 | 3,150,000 | 1,654 |
| 23 Sep 2026 | 3 B/R FlatReadyRegalia | 1,824 | 3,350,000 | 1,837 |
What 3 B/R rents for
745 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.7%.
| Contract | Size | Annual rent | Per sq.ft |
|---|---|---|---|
| 8 Oct 2026 | 1,900 | 150,000 | 79 |
| 7 Oct 2026 | 3,112 | 620,000 | 199 |
| 5 Oct 2026 | 2,178 | 200,000 | 92 |
| 5 Oct 2026 | 1,744 | 160,000 | 92 |
| 4 Oct 2026 | 1,420 | 165,000 | 116 |
| 2 Oct 2026 | 1,919 | 170,000 | 89 |
What 4 B/R sells for
60 registered sales in 12 months, median 2,558 per sq.ft.
| Date | Property | Size | Price | Per sq.ft |
|---|---|---|---|---|
| 23 Sep 2026 | 4 B/R FlatReadyELITE BUSINESS BAY RESIDENCE | 2,189 | 2,667,000 | 1,218 |
| 23 Sep 2026 | 4 B/R FlatReadyELITE BUSINESS BAY RESIDENCE | 2,168 | 2,661,200 | 1,227 |
| 22 Sep 2026 | 4 B/R FlatReadyPeninsula Four | 2,591 | 6,700,000 | 2,586 |
| 22 Sep 2026 | 4 B/R FlatReady | 4,789 | 6,000,000 | 1,253 |
| 27 Aug 2026 | 4 B/R FlatReadyPeninsula Four | 2,591 | 6,700,000 | 2,586 |
| 20 Aug 2026 | 4 B/R FlatOff-planBurj Binghatti Jacob & Co. Residences | 4,229 | 18,400,000 | 4,350 |
| 17 Aug 2026 | 4 B/R FlatOff-planBugatti Residences by Binghatti | 6,788 | 63,000,000 | 9,282 |
| 6 Aug 2026 | 4 B/R FlatOff-planVela Viento by Omniyat | 6,185 | 43,468,997 | 7,028 |
What 4 B/R rents for
83 registered contracts in 12 months, median 83 per sq.ft a year, a gross yield of 5.9%.
| Contract | Size | Annual rent | Per sq.ft |
|---|---|---|---|
| 2 Oct 2026 | 4,922 | 1,800,000 | 366 |
| 1 Oct 2026 | 4,755 | 385,000 | 81 |
| 25 Sep 2026 | 2,168 | 180,000 | 83 |
| 19 Sep 2026 | 4,333 | 900,000 | 208 |
| 15 Sep 2026 | 2,191 | 165,000 | 75 |
| 14 Sep 2026 | 2,189 | 170,000 | 78 |
Registered sale transactions published as open data by the Dubai Land Department, covering 12 months to 2026-10-09. Sizes are converted from the square metres DLD records. A registered price is what a buyer paid, which is not the same as an asking price. Gross yield is registered Ejari rent over registered sale price for the same twelve months, before service charge, agency fee, vacancy and management. It is the ceiling on a return, not the return.