New homes in Omniyat Vela Viento start at AED 18,540,818; keys are due Mar 2027; you pay 5% to book, 55% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 363 off-plan sales of 2-bed apartments of 1,397 sq ft to 4,713 sq ft in Business Bay. Their median price is AED 2,619 per sq ft (about AED 7,469,000 at 2,852 sq ft). This project's from price is AED 6,501 per sq ft (AED 18,540,818 for its smallest home, 2,852 sq ft), 148% more.
Keys
Mar 2027
The developer's handover date
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
2 to 4 beds
Sizes
2,852 to 14,413 sq ft
Ownership
Freehold
Property types
Apartment, Penthouse, and Duplex
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 6,501 per sq ft
Similar off-plan homes: AED 2,619 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
5%
AED 927,041
Jan 2027
While it is built
55%
AED 10,197,450
Mar 2027
Keys
40%
AED 7,416,327
Booking payment, 5%
AED 927,041
Dubai Land Department fee (Oqood), 4%
AED 741,633
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 1,668,674
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 30 per sq ft a year in 2024, from 36 buildings on the Dubai Land Department register. For the smallest home (2,852 sq ft) that is about AED 86,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 363 off-plan sales of 2-bed apartments of 1,397 sq ft to 4,713 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Business Bay, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 363 off-plan sales of 2-bed apartments of 1,397 sq ft to 4,713 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,619 per sq ft
AED 1,000 to AED 1,883 per sq ft
47 sales
AED 1,883 to AED 2,766 per sq ft
167 sales
AED 2,766 to AED 3,649 per sq ft
131 sales
AED 3,649 to AED 4,532 per sq ft
5 sales
AED 4,532 to AED 5,415 per sq ft
3 sales
AED 5,415 to AED 6,298 per sq ft
4 sales
AED 6,298 to AED 7,182 per sq ft
2 sales
This project's from price is in this band.
AED 7,182 to AED 8,065 per sq ft
4 sales
AED 1,000 per sq ftAED 8,065 per sq ft
This project AED 6,501 per sq ft
Half of the sales sold for AED 2,114 to AED 2,966 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,000 to AED 1,883 per sq ft
47
AED 1,883 to AED 2,766 per sq ft
167
AED 2,766 to AED 3,649 per sq ft
131
AED 3,649 to AED 4,532 per sq ft
5
AED 4,532 to AED 5,415 per sq ft
3
AED 5,415 to AED 6,298 per sq ft
4
AED 6,298 to AED 7,182 per sq ft
2
AED 7,182 to AED 8,065 per sq ft
4
The 3 closest sales
Picked from the 363 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 3,250,000AED 1,132 per sq ftBinghatti Aquarise - TOWER B, 2,870 sq ft
Feb 2026AED 17,417,695AED 6,266 per sq ftVela Viento by Omniyat, 2,780 sq ft
Aug 2026AED 12,000,000AED 3,988 per sq ftEywa The Way Of Water, 3,009 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Business Bay in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
2-bed apartmentFrom AED 18,540,818 here
Off-plan medianAED 3,570,000AED 2,691 per sq ft
Sales953
148% above 363 similar sales
3-bed apartment
Off-plan medianAED 5,829,000AED 3,046 per sq ft
Sales219
4-bed apartment
Off-plan medianAED 12,289,000AED 3,094 per sq ft
Sales33
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
0.8%
Typical for similar ready homes
6.2%
Median rent of 2-bed apartments in Business Bay
AED 140,000 a year
Rent contracts counted
2,486
Rented between
Apr 1, 2025 and Mar 31, 2026
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 200,000 a year
4-bed apartment
AED 327,500 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 140,000 ÷ AED 18,540,818 = 0.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station2.4 km, 7 min driveMetro station
Mandarin Oriental5 km, 8 min driveBeach
Business Bay creek front1.8 km, 4 min driveWaterfront
Hartland International School1.9 km, 8 min driveSchool
Dubai International School3.6 km, 8 min driveAmerican school
Omniyat Vela Viento is a Business Bay project by Omniyat with apartments, penthouses and duplexes of 2 to 4 bedrooms from AED 18,540,818, and handover listed for March 2027. 5% is due on booking and 40% at handover, which is listed for about four months from now.
Handover is listed for March 2027, about four months away. You pay 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 927,041 to book, AED 10,197,450 during the build and AED 7,416,327 at handover. Separately, the 4% DLD fee comes to AED 741,633; ask when it is due. Ask when the 55% construction payment falls due, and ask for the latest construction update.
The listing counts 92 homes in two towers, described as 45-storey architecture, designed by Foster + Partners, with interiors by Gilles & Boissier, and says Dorchester Collection will manage the building. It gives about 2,852 sq ft for two bedrooms, 4,101 sq ft for three, 6,854 sq ft for a 4-bedroom apartment and 10,032 sq ft for a 4-bedroom duplex. The overall range runs up to 14,413 sq ft and the listing gives no penthouse size, so check the floor plans. Some homes have private pools and double-height rooms, and bridges between the towers hold dining rooms.
Shared facilities in the listing are a gym, a pool, a kids' pool and a play area, with 24-hour security and covered parking. The listing does not say whether homes come furnished or fitted. Ask about furniture and fit-out, and what the service charge will be.
A clinic is about 110 m away and Downtown Dubai about 1.4 km. Hartland International School is about 1.9 km away and Dubai International School about 3.6 km. Burj Khalifa/Dubai Mall Metro Station is about 2.4 km away, around 7 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
2 BR
3 BR
4 BR Apartment
4 BR Duplex
How prices moved
Median price of 2-bed apartments in Business Bay, over the 12 months to each dateUp 10% from Dec 2024 to Sep 2026.
Dec 2024AED 2,440 per sq ft
Sep 2026AED 2,691 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,691 per sq ft
953 sales
Jun 2026
AED 2,702 per sq ft
1,180 sales
Mar 2026
AED 2,655 per sq ft
1,390 sales
Dec 2025
AED 2,574 per sq ft
1,363 sales
Sep 2025
AED 2,528 per sq ft
1,280 sales
Jun 2025
AED 2,508 per sq ft
1,267 sales
Mar 2025
AED 2,504 per sq ft
1,314 sales
Dec 2024
AED 2,440 per sq ft
1,316 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is behind Vela Viento?
Omniyat is the developer. Foster + Partners designed the building and Gilles & Boissier the interiors, and the listing says Dorchester Collection will manage it.
Can foreigners buy here?
Yes. The project is listed as freehold, so foreign buyers can own outright.
What is due before handover?
60% of the price: AED 927,041 on booking and AED 10,197,450 during construction, at the from price. Separately, the 4% DLD fee comes to AED 741,633; ask when it is due.
When is handover?
The listed date is March 2027, about four months away. Ask for a construction update and when the completion certificate is expected.
How big are the homes?
From about 2,852 sq ft for two bedrooms to 10,032 sq ft for a 4-bedroom duplex. The overall range goes up to 14,413 sq ft and the listing gives no penthouse size, so check the floor plans.
How far is the metro?
Burj Khalifa/Dubai Mall Metro Station is about 2.4 km away, around 7 minutes by car.
