Velos Residence
by City View · 📍 Motor City
Price from
AED 795,000
Velos Residence is a project by City View in Motor City, Dubai. Prices start from AED 795,000. It offers Studio, 1-bedroom and 2-bedroom. City View states handover in Q2 2028. It was 7% built at the official RERA site inspection of 4 August 2026.
Official brochure
Full unit layouts & floor plans are inside the brochure. Source: City View official site, as of Feb 2026.
About the project
A contemporary residence by CITYVIEW Developments in Motor City with 408 residences. Smart, efficient layouts; furnished studios come ready with kitchen appliances, countertops, built-in wardrobes, mirrors, lighting and fully fitted bathrooms. Immersive 3D tour available. Freehold ownership; online purchase supported with a 10% deposit to reserve.
Units & pricing
| Unit | Size | Price from |
|---|---|---|
| Studio | 341 sqft · 32 m² | AED 795,777 |
| 1-bedroom | 668 sqft · 62 m² | AED 1.26M |
| 2-bedroom | 989 sqft · 92 m² | AED 1.97M |
Construction progress
6.6% complete at the latest RERA site inspection on 4 Aug 2026; scheduled completion 31 Oct 2028.
| Inspection | Complete | Photos |
|---|---|---|
| 4 Aug 2026 | 6.6% | 4 |
| 27 Mar 2026 | 2.79% | 1 |
| 2 Jul 2025 | 0% | 2 |
Escrow account 200857792 at United Bank Limited (Management Office). Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #3816, updated daily. Tap a photo for the full-size original.
Sales velocity
Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 1 Bed | 670–890 sqft (62–83 m²) | AED 1.30M | 48 / 208 |
| 2 Beds | 990–1,230 sqft (92–114 m²) | AED 2.10M | 11 / 56 |
| Studio | 340–490 sqft (32–46 m²) | AED 828,000 | 43 / 144 |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Amenities
Who's selling this project
7 agencies are currently listing units in Velos Residence across 26 live listings, from AED 809,000 to AED 2.12M depending on unit size and floor.
| Agency | Listings | Asking range | Trust |
|---|---|---|---|
| Real Tree Properties | 11 | AED 866,777 – AED 2.12M | 11 verified · TruBroker |
| Stage Properties | 5 | AED 1.25M – AED 1.27M | 5 verified |
| DNK Real Estate | 3 | AED 809,000 – AED 1.87M | 3 verified |
| Sana Real Estate Broker | 3 | AED 809,000 – AED 1.87M | 3 verified |
| Elite Venture Properties | 2 | AED 1.32M – AED 2.02M | 2 verified |
| A D N R Real Estate | 1 | AED 1.80M | 1 verified |
| Country Home Real Estate Broker | 1 | AED 1.32M | 1 verified · TruBroker |
Live asking prices from agency listings — compare before you commit. Ranges span different unit types and floors, and asking prices are not sold prices.
How it compares in Motor City
12 other off-plan projects in Motor City · average entry price AED 1.44M · this project is 45% below that average
Velos Residence: questions and answers
What is the starting price of Velos Residence?
Prices at Velos Residence start from AED 795,000, for homes from 341 sqft (32 m²) to 1,235 sqft (115 m²), as published by City View.
What is the payment plan for Velos Residence?
The payment plan published by City View for Velos Residence is: 40/60 — 20% on booking, 20% during construction, 60% on handover (keys); 10% deposit to reserve.
When is the handover of Velos Residence?
City View states handover of Velos Residence in Q2 2028. The Dubai Land Department project register lists the completion date of the project as October 2028.
How much of Velos Residence is built?
Velos Residence was 7% complete at the official RERA site inspection of 4 August 2026.
Is Velos Residence registered with the Dubai Land Department?
Yes. Velos Residence is registered with the Dubai Land Department as project number 3816, and its escrow account is held at United Bank Limited (Management Office). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Velos Residence?
Velos Residence is developed by City View. The Dubai Land Department project register lists 2 projects for City View, all under construction.
Where is Velos Residence located?
Velos Residence is in Motor City, Dubai.
What unit types does Velos Residence offer?
Velos Residence offers Studio, 1-bedroom and 2-bedroom, with sizes from 341 sqft (32 m²) to 1,235 sqft (115 m²). The project has 413 units in the Dubai Land Department project register.
How does Velos Residence compare with other off-plan projects in Motor City?
The starting price of Velos Residence (AED 795,000) is 45% below the average starting price of 4 other off-plan projects in Motor City, which is AED 1.44M.
What is the average price per sqft in Motor City?
Apartments in Motor City sell for about AED 890/sqft (AED 9,580/m²), based on 2,680 registered sales since 2023.
What rental yield can I expect in Motor City?
Apartments in Motor City yield about 6.8% gross, or about 5.1% net after service charges, based on 8,934 registered rent contracts and 2,680 sales since 2023.
What are the service charges in Motor City?
Service charges for apartments in Motor City are about AED 15.71/sqft (AED 169/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 Velos Residence have?
Velos Residence lists these amenities: Family pool, Rooftop pool, Fitness Centre, Recreation area, Basketball court, Jogging area, Playground and Outdoor cinema, plus 1 more.
Explore more
More off-plan projects by City View
- Hyde Residences, Dubai Hills Estatefrom AED 1.80M
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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 4 Aug 2026.