Off-Plan Primary Downtown Dubai · Dubai Ginco Properties

Velor Penthouses

Downtown Dubai · Dubai

Penthouse in Downtown Dubai, Ginco Properties

Living area

279 – 559 m²

Rooms

5 - 6

Handover

01/12/2027

Developer

Ginco Properties

Penthouse in Downtown Dubai overview

Penthouse in Downtown Dubai from 8.250.000. Off-Plan Primary in Downtown Dubai, Dubai. 5 - 6 rooms, 279 – 559 m², handover 01/12/2027, by Ginco Properties. Qualifies for the UAE Golden Visa from 2.000.000.

Standing proudly among global icons offering unparalleled access to bespoke experiences, Velor is where every detail is crafted with refinement and elegance. felt in every moment, every space, and every encounter.

Velor’s exterior is a true architectural triumph: sleek lines, bold contours, and expansive windows frame panoramic views, evoking openness and grandeur. The striking façade commands attention in a neighbourhood already rich with architectural splendour. This seamless blend of form and function creates a thoughtfully designed, visually captivating space.

Velor’s premium services and amenities deliver experiences that exceed expectations. Whether you are seeking relaxation, wellness, or recreation, the facilities cater to your every need.

Finishing and materials

At VELOR, each apartment is designed with attention to every detail. Spacious, light-filled interiors offer expansive living areas, creating a sense of openness that complements the building’s grand architecture. With premium finishes, large windows framing scenic views, and open-plan layouts, every apartment at VELOR is a perfect blend of premium living and comfort.

More properties in Downtown Dubai · 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

Downtown Dubai

City

Dubai

Developer

Ginco Properties

Living area

279 – 559 m²

Rooms

5 - 6

Bedrooms

4 – 5

Handover

01/12/2027

Amenities & Highlights

Children's Pool

Shared Gym

Balcony

Children's Play Area

Shared Pool

Covered Parking

Lobby in Building

View of Landmark

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Payment plan

Phase

Due

Down Payment

At Booking

10%

During Construction

In instalments until completion

50%

On Handover

At completion

40%

*The estimated completion date of the projects is subject to change.

Floor plans

6 Rooms 559 m²

5 Rooms 279 m²

Location & map

Open in Google Maps

The location in the pulsating heart of Downtown Dubai offers unparalleled access to the Dubai Mall, the Burj Khalifa, and the Dubai Metro, making this one of the most sought-after growth markets in the UAE. The high-quality infrastructure, featuring top-tier restaurants, parks, and luxury hotels, creates an exclusive urban lifestyle that appeals to both owner-occupiers and investors. Given the consistently high demand and limited availability of new developments, this location promises above-average appreciation potential and attractive double-digit rental yields. With the ongoing development of the district and rising international demand, Downtown Dubai remains a secure and high-yield investment in the dynamic UAE real estate market.

Frequently asked questions about Penthouse in Downtown Dubai

Can foreigners buy property in Dubai?

Yes. In the UAE freehold zones, foreign buyers own Penthouse in Downtown Dubai 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 Downtown Dubai is scheduled for 01/12/2027.

Is there a payment plan?

Yes. Penthouse in Downtown Dubai is offered with a structured payment plan, shown in the payment plan section above.

Who is the developer?

Penthouse in Downtown Dubai is developed by Ginco Properties.