Off-Plan Primary
Q1 2027*
Off-Plan Primary
Business Bay · Dubai Omniyat
Vela Viento
Business Bay · Dubai
Living area
265 – 932 m²
Rooms
3 - 5
Handover
01/12/2027
Developer
Omniyat
Penthouse in Business Bay overview
Penthouse in Business Bay from 20.000.000. Off-Plan Primary in Business Bay, Dubai. 3 - 5 rooms, 265 – 932 m², handover 01/12/2027, by Omniyat. Qualifies for the UAE Golden Visa from 2.000.000.
VELA VIENTO is a lavish residential development by OMNIYAT in Marasi Bay, Business Bay. The superlative 2-tower complex will be managed by the world-famous boutique hotel brand, Dorchester Collection, which has been in operation since 1989. The brand owns and manages 9 hotels throughout France, the USA, the UK and Italy.
The high-end residential complex is being designed by Foster + Partners, the largest architectural firm in the UK. The firm is known for creating such masterpieces as ICD Brookfield Place in Dubai and the Apple Tower Theater in Los Angeles, among other famous structures.
VELA VIENTO comprises 2 towers, each reaching a height of 590 ft. They feature 90 luxury 2-4 bedroom apartments and, 4-bedroom penthouses and just 2 exclusive 4-bedroom duplexes. The size of the exquisitely crafted properties measures from 2,852 sq. ft to 10,032 sq. ft. For the utmost privacy, there will be just one unit per floor.
The layouts of the stunning residences feature spacious terraces which will allow you to enjoy fantastic views of Marasi Bay, Downtown Dubai and the Burj Khalifa. Select units come with private swimming pools, which will create a resort-like atmosphere right in your home. To create an exceptional arrival experience, the lift will open directly into the apartment.
The properties will be fitted and furnished by Gilles & Boissier, a Paris-based architecture, interior design, and graphic design agency. It has designed projects for many renowned brands, such as Moncler, Hakassan and Baccarat.
When living in VELA VIENTO, residents will enjoy the myriad of unrivalled amenities available to them. The complex will house a full-floor Sky Amenities Deck, which will float in the sky 330 feet up. The Sky Amenities Deck will have an infinity swimming pool, a double-height gym, a yoga studio, and sun decks and lounges.
On the podium will be meeting rooms, a private spa, an indoor lap pool, a children’s pool, direct promenade access and golf car service to 2 other developments by OMNIYAT. the VELA complex and the LANA hotel.
More properties in Business Bay · Dubai or the full project overview. Official market data at the Dubai Land Department. Background in our NAP insights.
Property details
Status
Off-Plan Primary
Region
Business Bay
City
Dubai
Developer
Omniyat
Living area
265 – 932 m²
Rooms
3 - 5
Bedrooms
2 – 4
Handover
01/12/2027
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Payment plan
Phase
Due
Share
Down Payment
At Booking
5%
During Construction
In instalments until completion
55%
On Handover
At completion
40%
*The estimated completion date of the projects is subject to change.
Floor plans
5 Rooms
637 m²
5 Rooms
637 m²
4 Rooms
382 m²
4 Rooms
382 m²
3 Rooms
265 m²
3 Rooms
265 m²
Location & map
Open in Google MapsThe exclusive location in Business Bay places you in the pulsating heart of the new Dubai, directly on the Dubai Water Canal and in close proximity to the Dubai Mall and Sheikh Zayed Road. This prime connectivity and state-of-the-art infrastructure make Business Bay one of the most sought-after growth markets in the UAE, offering both short-term rental yields and long-term appreciation potential. As an investor, you benefit here from a dynamic ecosystem of luxury residences, top hotels, and international companies, which continuously boosts the lifestyle and demand in this central location. This investment in Dubai's most sought-after district promises above-average capital returns in a stable, regulatory-supported market environment.
Frequently asked questions about Penthouse in Business Bay
Can foreigners buy property in Dubai?
Yes. In the UAE freehold zones, foreign buyers own Penthouse in Business Bay outright, with title registered at Dubai Land Department.
Are there taxes when buying?
The UAE charges no income tax on rental income and no annual property tax. A one-time transfer fee of 4% is payable to the Dubai Land Department on purchase.
When is handover?
Handover of Penthouse in Business Bay is scheduled for 01/12/2027.
Is there a payment plan?
Yes. Penthouse in Business Bay is offered with a structured payment plan, shown in the payment plan section above.
Who is the developer?
Penthouse in Business Bay is developed by Omniyat.
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