VELA BY OMNIYAT
OMNIYAT, one of the leading developers in the emirate, has recently added a luxurious new addition to the Business Bay skyline, Vela. Vela boasts a unique selection of 38 ultra-luxurious properties, including 3-4 bedroom Marina Residences, 4-bedroom penthouses, and 3-4 bedroom Sky Residences.
AED 30,000,000
Starting Price
3 & 4 BR
Residences & Penthouses
4,253 – 11,727 sq. ft
Apartment Area
PENINSULA
Peninsula offers five towers: Peninsula One, Two, Three, Four, and Five – all situated in Business Bay. Peninsula is an attractive opportunity for both end-users and investors to select from a beautiful range of studios & 1, 2, 3 & 4 BR apartments, and 5 BR penthouses, brought to them by Select Group.
AED 639,000
Starting Price
Studios, 1, 2 , 3, 4, & 5 BR
Apartments and Penthouses
412 – 9,648 sq.ft
Apartment Area
UPSIDE BY SRG PROPERTIES
SRG Properties has unveiled a 29-storey residential building in Business Bay, known as Upside. Offering an array of studios and 1 bedroom apartments, this is the perfect investment opportunity for both investors and end users. Residents of Upside will benefit from quick connectivity and superior quality services.
AED 960,888
Starting Price
Studios & 1 BR
Apartments
399 – 652 sq. ft
Apartment Area
WAVES TOWER BY KASCO
Waves Tower by Kasco is a 23-storey high-rise residential building in Business Bay, Dubai. This development includes two basement floors, a ground floor with shops, three podiums, one floor of offices, 18 floors of residential apartments, and a rooftop.
AED 1M
Starting Price
Studios, 1 & 2 BR
Apartments
816 – 1,180 sq. ft
Apartment Area
VELA BY OMNIYAT
PENINSULA
UPSIDE BY SRG PROPERTIES
WAVES TOWER BY KASCO
Vela Dorchester Collection at Business Bay, Dubai – Omniyat
| Property type: | Penthouse |
| Apartment Area: | 11,048 to 11,727 sq.ft |
| Developer: | OMNIYAT |
| Completion: | Q3 – 2026 |
Vela Dorchester Collection at Business Bay is a legendary development by Omniyat that offers luxury 3 to 5-bedroom penthouses, sky palace, and marina residences.
Amenities
- Main, VIP & Marina Lobby
- Infinity-Edge Lap Pool
- Triple-Height Gym
- Spa Suite and Salon
- Kids Room
- Cinema Room
- Beach Club
- Hotel Facilities
- Meeting Rooms & Lounge
AED 30,000,000
Starting From
Property
in Business
Bay
Business Bay is an area of Dubai that is home to an impressive array of skyscrapers and other properties. With over 240 buildings, the real estate in Business Bay covers an expansive 64,000,000 square feet of land. This city within the city includes office-use buildings, residential towers, lushly landscaped gardens, and a complex network of roads, alleys, canals, and pathways. An added bonus of this locality is that it is a freehold area.
Real estate in Business Bay is some of the most sought-after and desirable in the city. There is a wide range of commercial properties, such as apartments, penthouses, villas, and office spaces, to name a few. Studios in Business Bay are around 952 sq. ft. and have a starting price of AED 650,000, while 1-bedroom flats reach 1,728 sq. ft. with a starting cost of AED 1,192,000. 2-bedroom apartments span 2,578 sq. ft. and can be purchased from AED 1,650,000 onwards. 3-bedroom units have a total area of 3,705 sq. ft. and prices starting from AED 2,100,000, and 4-bedroom apartments have living spaces of up to 6,105 sq. ft. and prices beginning at AED 4,100,000. Villas for sale in Business Bay typically come with 4 bedrooms and range in price from AED 5,200,000 to AED 7,000,000. Penthouses in Business Bay may range in size from 10,788 sq. ft. and cost between AED 3,950,000 and AED 32,500,000. As for Business Bay office spaces, they come with generous working areas and excellent amenities, from 620 sq. ft. to 21,611 sq. ft., and prices ranging from AED 350,000 to AED 15,507,465.
People who are searching for a residence in Business Bay no longer need to search any further as the area is located right in the middle of Dubai, beside Downtown Dubai and Al Quoz. It comprises a variety of commercial and residential buildings, forming a culturally diverse group of inhabitants that contributes to the vibrant atmosphere. Prices in the area are quite reasonable and are comparable to those of neighboring communities. Over the years, the return on investments in Business Bay has been consistently increasing, making it a great option for anyone looking to invest or generate extra income.
Key Features of
Business Bay
Business Bay features a variety of official business spaces, plush residential apartments, and villas with a range of excellent amenities. It also provides play areas for children, arcades, and public piazzas that are part of The Courtyard – an amalgamation of post-modern architectural designs with a host of outstanding features.
The residential towers, pathways, water fountains, and pedestrian lanes are all connected by a bustling hub known as the Podium. Located in an ideal spot, Business Bay has become a hub for international business and finance firms as well as housing iconic hotels like the Emirate Towers and Shangri-La which are situated near Sheikh Zayed Road.
Bay Square is part of the Business Bay district. It is a mixed-use area that is only accessible by foot, featuring pathways, canals, numerous restaurants, retail stores, coffee shops, and open-air recreation spaces. The Execute Towers, consisting of residential, commercial, and office buildings, are also found here. Bay Avenue is a two-storey structure that offers both indoor and outdoor retail spaces, from bistros and eateries to boutiques and play areas for children. The Dubai Creek Extension, which makes up a large portion of the Business Bay development, is the final section.
10 MILLION SQ. FT.
1.5 km
Direct Access
to Pristine Beach
85,000 sq. m
Hotel space
25,000 sq. m
Excellent amenities
13,000 sq. m
Retail Mall
About Emaar
Properties
Established in 1997, Emaar Properties is one of the world’s largest real estate companies and the largest listed developer in Dubai with a valuation of AED 35.6B (USD 9.7B).
During the first 9 months of 2021, Emaar launched Nara in The Valley, Caya, Bliss and Elie Saab in Arabian Ranches III, Palace Beach Residence and Beach Mansion in Emaar Beachfront, Majestic Vistas inspired by Automobili Lamborghini, Palm Hills with Ellie Saab and Golf Place Terraces in Dubai Hills.
TOP-1
Developer in The UAE
+45,900
Total Units Delivered
+167 MN
Square Feets of Landbank
Furthermore, as of September 2021, Emaar has delivered over 51,000 residential units, with 25,000+ residences currently under construction in the UAE. In particular, more than 3,700 residential properties were commissioned during the first 9 months of 2021 across prime areas, including Emaar South, Dubai Creek Harbour, Downtown Dubai, Dubai Hills Estate and Dubai Marina.
Thanks to the premium quality of its homes, Emaar Properties has recorded its highest-ever sales in the first 9 months of 2021 – AED 26B (USD 7.2B), which is triple the value of its sales in 2020. It is worth noting that Emaar holds its contractors liable for a period of 1 year from the handover of construction for the repair and/or replacement of fixtures, fittings or defective materials.
Construction Update
Last update: August 2021
Aug 2021 – Facade complete
Underway – MEP & interior fit-out
Ready to move in
Last update: August 2021
Aug 2021 – Foundation complete
Underway – Main structure construction
Handover Q4 2023
Last update: August 2021
Aug 2021 – Facade complete
Underway – MEP & interior fit-out
Ready to move in
Last update: August 2021
Aug 2021 – Facade 50% complete
Underway – MEP & interior fit-out
Handover March’22
Download Free Brochure
Our Projects
Why Buy Property
in Business
Bay
Business Bay is one of Dubai’s most bustling and vibrant neighborhoods. As a close neighbor of Downtown Dubai, it offers many lucrative prospects for investors compared to other communities. Properties for sale in Business Bay are popular due to their prime location and easy access to key areas, such as Downtown Dubai, World Trade Centre, and Dubai Design District.
Furthermore, public transport in Business Bay is well-established and you can easily travel via buses and the Dubai Metro. For investors, the USP of Business Bay properties is a high ROI. In fact, the returns have been steady for quite some time and point towards a solid investment opportunity. What’s best is that you can find apartments in various layouts ranging from compact studios to spacious 4-bedroom units.
Those looking for more luxury and larger spaces can find duplexes and even penthouses for sale in Business Bay. When living in Business Bay, you won’t be disappointed with the choice of exciting eateries, trendy lounges, and luxury hotels. Also making its way through the lively district is the Dubai Canal.
FAQ
Business Bay is one of the most recognizable neighborhoods in Dubai, located to the south of Downtown Dubai.
The area of Business Bay is renowned for its vast selection of residential and commercial buildings, which include simplex apartments, duplexes, penthouses, offices, and retail shops.
Business Bay is an attractive investment option for those looking for a real estate investment in Dubai. The area is one of the most popular areas for business and property investments and is located in a prime location at the center of the city. It offers easy access to the city’s transport networks, a large number of amenities, and a stunning waterfront. Additionally, Business Bay is home to some of the world’s leading companies, such as Emirates NBD, IBM, and Microsoft, making it a great option for those looking to invest in Dubai’s growing economy. With the increasing demand for property in Business Bay, it is expected to continue to remain a lucrative investment option for many years to come.
Studios in Business Bay can be purchased starting from AED 1.05M, with prices going up to AED 2M.
Business Bay, located south of Downtown Dubai, is a thriving commercial and business district that is popular amongst professionals and couples who work.
Business Bay is situated in the center of Dubai and is a hub for commercial, business, and residential activities.
If you are looking for elementary and secondary schools near Business Bay, your choices are Dubai International School, GEMS Our Own Indian School, and Safa British School.
Get A Free Consultation
