VELA, Dorchester Collection Dubai

VELA, Dorchester Collection Dubai is an ultra-luxury branded residential tower by Omniyat on Marasi Bay in Business Bay. The project rises approximately 150 metres and is described as a 30-storey tower with only 38 residences, creating a very low-density residential offer for the Business Bay waterfront. Current project data records a Q4 2026 completion target, prices from AED 30,000,000, and a 5/55/40 payment plan split between booking, construction and handover.

The development is designed by Foster + Partners, with interiors by Gilles & Boissier and management by Dorchester Collection. The residence mix spans three to five-bedroom Marina Residences, Sky Residences, penthouses and a singular Sky Palace of 22,992 sq ft across three floors. The current project description notes full-floor residences, private L-shaped pools, floor-to-ceiling glazing and direct views toward Burj Khalifa and Dubai Water Canal. Dorchester Collection's own material positions VELA around waterfront living, Marasi Bay views, marina access below the residences and a service-led lifestyle.

VELA's appeal is its combination of Omniyat development, Dorchester Collection hospitality, Foster + Partners architecture, large-format residences and a Business Bay waterfront location close to Downtown Dubai. It is not a mass-market apartment tower; it targets buyers who want privacy, brand management, dramatic views and very large floor plates. Current availability, final layouts, service charges and purchase terms should be verified before reservation because ultra-prime branded inventory changes quickly.

For buyers comparing VELA with other branded residences, the key differentiators are scale and service. A small number of full-floor or very large homes, private pools and Dorchester Collection management create a different ownership profile from typical Business Bay apartments. Due diligence should focus on the exact residence type, view protection, service-charge assumptions, branded-residence service scope, construction progress, handover date and the legal details of the payment plan before committing to a purchase.