Vela

 (Write Review)
DAMAC Towers by Paramount, Business Bay, Dubai
Oct 2026 Off Plan
30 Floors
1 Building
38 Units

Overview of Vela in DAMAC Towers by Paramount, Dubai

Vela is a condo and apartment project located in DAMAC Towers by Paramount, Dubai and it is scheduled for completion in Oct 2026. It has 38 units across 30 floors and was developed by Omniyat, who is also behind Anwa Aria, Orla by Omniyat and AVA at Palm Jumeirah By Omniyat.

Features & Amenities

  • कम्युनिटी पूल at Vela
    Communal Pool
    1st Floor

Available Units at Vela

Get notified when new homes are being added to Vela
View All (4)
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Clubhouse
Communal Garden Area
Fitness
Communal Gym
Convenience
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Payment Plan

Payment Plan
Installment Milestone Payment
Down Payment
Immediately
5%
1st to 6th Installment
During Construction
55%
7th Installment
On completion
40%

About the Developer - Omniyat

All Omniyat Projects
12 Projects 2,335 Units

Omniyat is a sophisticated and savvy real estate investment, development and management company with a track record of identifying opportunities to create superior value and solid returns via a portfolio of residential, commercial, leisure and retail properties. We are headquartered and have a strong presence in Dubai – one of the world’s most dynamic and diverse property markets – but we also pursue opportunities in the wider Middle East and beyond. We focus on creating iconic property experiences that answer our customers’ unmet and unarticulated requirements through projects imbued with an artistic sensibility, both inside and out.

Frequently Asked Questions

Frequently asked questions about Vela
Burj Khalifa/Dubai Mall is the nearest Metro Station from Vela and it is 1.4 km away.

After you have found the right property, you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Payment Plan
Installment Milestone Payment
Down Payment
Immediately
5%
1st to 6th Installment
During Construction
55%
7th Installment
On completion
40%


Read more here

 

This has become a popular option recently. We have online immersive tours of many properties, so you can see all the properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend a lawyer to manage the entire transfer of the property into your name without you physically being here.

Dubai have different visa entry points for homebuyers from different countries.

Reviews

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Dubai
DAMAC Towers by Paramount
Neighborhood Overview of DAMAC Towers by Paramount, Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Vela

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Vela Viento in DAMAC Towers by Paramount, Dubai
Project Name
Vela Viento
Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
92
Sales Prices
AED18.7M - AED24.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Dorchester Collection Dubai in DAMAC Towers by Paramount, Dubai
Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
39
Sales Prices
AED26.2M - AED148M
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
The Residences at Business Central in , Dubai
Location
Business Bay, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
AED875K - AED2.4M
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N/A
Year Built
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Completion Status
Completed
15 Northside in , Dubai
Project Name
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Location
Business Bay, Dubai, United Arab Emirates
Number of units
349
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AED790K - AED3.9M
Monthly Rentals
AED4.5K
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Completion Status
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Project Name
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Location
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Number of units
293
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AED795K - AED32.1M
Monthly Rentals
AED4K - AED9.17K
Year Built
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Completion Status
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Hamilton Tower in , Dubai
Project Name
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Location
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Number of units
N/A
Sales Prices
AED575K - AED1.4M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
The Bay in , Dubai
Project Name
The Bay
Location
Business Bay, Dubai, United Arab Emirates
Number of units
320
Sales Prices
AED1.15M - AED2.5M
Monthly Rentals
AED8.75K
Year Built
Dec 2022
Completion Status
Completed
Tower D in DAMAC Towers by Paramount, Dubai
Project Name
Tower D
Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
N/A
Sales Prices
AED1.35M - AED4M
Monthly Rentals
N/A
Year Built
Sep 2019
Completion Status
Completed
SRG Upside in DAMAC Towers by Paramount, Dubai
Project Name
SRG Upside
Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
N/A
Sales Prices
AED960K - AED2.14M
Monthly Rentals
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Year Built
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Completion Status
Completed
Nobles Tower in , Dubai
Project Name
Nobles Tower
Location
Business Bay, Dubai, United Arab Emirates
Number of units
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Sales Prices
AED850K - AED35.9M
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
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