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    Vela

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    DAMAC Towers by Paramount, Business Bay, Dubai
    Oct 2026 Off Plan
    30 Floors
    1 Building
    38 Units
    Overview Units Facilities FAQ Reviews Map
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    15
    4 Units For Sale
    AED30,000,000

    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

    • All
    • Leisure
    3
    Photos 1 of the Communal Pool at Vela     Photos 2 of the Communal Pool at Vela Photos 3 of the Communal Pool at Vela
    • Communal Pool at Vela
      Communal Pool
      1st Floor

    Available Units at Vela

    • All
    • 3 Beds
    • 4 Beds
    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

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