Vela Viento
by Omniyat · 📍 Business Bay
Price from
AED 20.00M
Vela Viento is a project by Omniyat in Business Bay, Dubai. Prices start from AED 20.00M. It offers 2 Bedroom, 3 Bedroom and 4 Bedroom. Omniyat states handover in May 2027. It was 22% built at the official RERA site inspection of 18 May 2026.
Official brochure
Full unit layouts & floor plans are inside the brochure. Source: independent listing source.
About the project
Vela Viento, an upcoming residential venture by OMNIYAT situated in Marasi Bay, Business Bay, epitomises luxury living. It is expertly managed by the esteemed Dorchester Collection, boasting a prestigious heritage dating back to 1989. The project consists of two towers accommodating 92 lavish residences, including 2 to 4-bedroom apartments, extraordinary 4-bedroom penthouses and a pair of exclusive 4-bedroom duplexes. Carefully designed by Gilles & Boissier, each dwelling ensures unmatched privacy with only a single unit per floor. The homes feature generous terraces that provide stunning panoramas of Marasi Bay, Downtown Dubai and the iconic Burj Khalifa.
Construction progress
21.81% complete at the latest RERA site inspection on 18 May 2026; scheduled completion 13 May 2027.
Project register as of 15 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 18 May 2026 | 21.81% | 9 |
| 16 Feb 2026 | 18.03% | 5 |
| 3 Nov 2025 | 14.31% | 5 |
| 3 Nov 2025 | 14.31% | 5 |
| 4 Jul 2025 | 8.84% | 4 |
| 9 May 2025 | 7.28% | 5 |
| 17 Mar 2025 | 6.35% | 3 |
| 27 Feb 2024 | 0% | 2 |
Escrow account 1008096859 at Commercial Bank Of Dubai(Psc). Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #2885, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Business Bay
50 other off-plan projects in Business Bay · average entry price AED 2.18M · this project starts at about 9 times that average: it is in a different price segment, so the projects below are not like-for-like
Vela Viento: questions and answers
What is the starting price of Vela Viento?
Prices at Vela Viento start from AED 20.00M, for homes from 2,852 sqft (265 m²), as published by Omniyat.
What is the payment plan for Vela Viento?
The payment plan published by Omniyat for Vela Viento is: 5% down, 55% pre-handover, 40% handover.
When is the handover of Vela Viento?
Omniyat states handover of Vela Viento in May 2027. The Dubai Land Department project register lists the completion date of the project as May 2027.
How much of Vela Viento is built?
Vela Viento was 22% complete at the official RERA site inspection of 18 May 2026.
Is Vela Viento registered with the Dubai Land Department?
Yes. Vela Viento is registered with the Dubai Land Department as project number 2885, and its escrow account is held at Commercial Bank Of Dubai(Psc). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Vela Viento?
Vela Viento is developed by Omniyat. The Dubai Land Department project register lists 15 projects for Omniyat: 5 delivered and 6 under construction.
Where is Vela Viento located?
Vela Viento is in Business Bay (Vela Viento), Dubai.
What unit types does Vela Viento offer?
Vela Viento offers 2 Bedroom, 3 Bedroom and 4 Bedroom, with sizes from 2,852 sqft (265 m²). The project has 96 units in the Dubai Land Department project register.
How does Vela Viento compare with other off-plan projects in Business Bay?
The starting price of Vela Viento (AED 20.00M) is about 9 times the average starting price of 10 other off-plan projects in Business Bay, which is AED 2.18M. It is in a different price segment, so those projects are not like-for-like.
What is the average price per sqft in Business Bay?
Apartments in Business Bay sell for about AED 1,864/sqft (AED 20,061/m²), based on 2,421 registered sales in the last 12 months.
What rental yield can I expect in Business Bay?
Apartments in Business Bay yield about 6.0% gross, or about 5.0% net after service charges, based on 18,597 registered rent contracts and 2,421 sales in the last 12 months.
What are the service charges in Business Bay?
Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Vela Viento have?
Vela Viento lists these amenities: 24 Hours Concierge, CCTV Security, Conference Room, Gym or Health Club, Security Staff and Swimming Pool.
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Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 18 May 2026.