Business Bay OmniyatDLD project 2653
The short answer
Vela by Omniyat is active on the DLD register, no completion date on the DLD register. It was 50.03% built at DLD’s inspection on 10 Sep 2026.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
DLD inspection, 10 Sep 2026
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
Oct 2025–Sep 2026
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026Fewer than 5 sales: no median shownHow it is worked out
0 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on3 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
+200% on Oct 2024–Sep 2025
The DLD project register
Active50.03% built at DLD’s inspection on 10 Sep 2026.
| Inspection date | Built |
|---|---|
| 10 Sep 2026 | 50.03% |
| 17 Mar 2026 | 28.76% |
| 24 Oct 2025 | 19.03% |
| 11 Jun 2025 | 11.62% |
| 27 Jan 2025 | 7.42% |
| 27 Jan 2025 | 7.42% |
| 22 May 2023 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Omniyat can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2653-H1 · DLD register read 13 Oct 2026
| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 27 Apr 2026 | Flat · 4 BR Off-plan | 7,373 | AED 60.7m | — | — |
| 7 Apr 2026 | Flat · 3 BR Off-plan | 4,256 | AED 28.8m | — | — |
| 5 Feb 2026 | Flat · 3 BR Off-planVela by Omniyat | 6,047 | AED 40.6m | — | — |
| 11 Feb 2025 | Flat · 4 BR Off-planVela by Omniyat | 7,351 | AED 50.3m | — | — |
| 20 Aug 2024 | Flat · 3 BR Off-planVela by Omniyat | 6,301 | AED 42.9m | — | — |
| 26 Jun 2024 | Flat · 3 BR Off-planVela by Omniyat | 5,988 | AED 36.4m | — | — |
| 27 May 2024 | Flat · 3 BR Off-planVela by Omniyat | 6,047 | AED 44.6m | — | — |
| 22 May 2024 | Flat · 4 BR Off-planVela by Omniyat | 8,462 | AED 74.0m | — | — |
| 1 Mar 2024 | Flat · 3 BR Off-planVela by Omniyat | 4,256 | AED 31.5m | — | — |
| 26 Jan 2024 | Flat · 3 BR Off-planVela by Omniyat | 4,256 | AED 28.8m | — | — |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Business Bay, Oct 2025–Sep 2026.
None of Omniyat’s 17 running ads names Vela by Omniyat; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
Beyond Developments
A new chapter begins at Arancia Yards 2. Discover elegant 1-3-bedroom residences designed around open spaces, natural light and a vibrant community in the heart of The Yards, City of Arabia. 40/60 payment plan | Direct from developer.
Beyond Developments
Introducing Arancia Yards 2. The second residential cluster within the masterplan community of The Yards on Sh. Mohamed Bin Zayed Rd, where abundant green spaces, walkable living, and nature-inspired design come together. 40/60 payment plan | Direct from developer.
Beyond Developments
BELLA by PASSO offers an intimate beachfront address located on the West Crescent of Palm Jumeirah, defined by flowing forms, elevated finishes and a seamless relationship with the surrounding water. A calm, design-led approach to modern coastal living. • 2-6 BR Residences • Resort-style amenities • Panoramic views • Located on the West Crescent of Palm Jumeirah Direct from Developer | 40/60 Payment Plan To learn more, register your interest. #Beyond #BeyondDevelopments #Bella
Beyond Developments
A new chapter begins at Arancia Yards 2. Discover elegant 1-3 bedroom residences designed around open spaces, natural light and a vibrant community in the heart of The Yards on Sh. Mohamed Bin Zayed Rd. 40/60 payment plan | Direct from developer.
Registered with DLD under the district Business Bay, 2019 to 5 Oct 2026.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
Full years only, registered sales of every type. 4,953 sales in 2026 to 5 Oct.
Off-plan share
57% of the 8,128 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 1 | AED 80.0m | — | — |
| 2023 | 6 | 6 | 0 | AED 221m | — | — |
| 2024 | 16 | 16 | 0 | AED 668m | — | — |
| 2025 | 1 | 1 | 0 | AED 50.3m | — | — |
| 2026 to 5 Oct | 3 | 3 | 0 | AED 130m | — | — |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
Every registered sale, all property types.
8,128 sales were registered in Business Bay over Oct 2025–Sep 2026, with homes at a median AED 2,082 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Binghatti Aquarise | Binghatti | Due Oct 2026 | 602 | AED 2.0m |
| Binghatti Skyrise | Binghatti | Due Dec 2026 | 434 | AED 1.5m |
| Downtown Residences | Deyaar | Due Dec 2030 | 364 | AED 2.6m |
| Hq by Rove | Irth | Due Mar 2029 | 328 | — |
| Binghatti Skyhall | Binghatti | Due Aug 2026 | 232 | AED 1.4m |
| Al Habtoor Tower | Al Habtoor | Due Dec 2026 | 216 | AED 3.4m |
| Peninsula Four | Select Group | Finished | 212 | AED 2.0m |
| One by Binghatti | Binghatti | Due May 2026 | 212 | AED 3.1m |
| Tiger Sky Tower | Tiger | No completion date | 174 | AED 3.1m |
| Peninsula Three | Select Group | Finished | 170 | AED 1.7m |
| Avarra by Palace | Emaar | Due Jun 2031 | 155 | AED 3.2m |
| DAMAC Towers by Paramount | DAMAC | Finished | 151 | AED 1.7m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Hado by Beyond | Palm Deira | Jun 2029 | 0% | 625 |
| Kanyon by Beyond | Dubai Maritime City | Sep 2028 | 0% | 333 |
| Arancia Yards by Beyond | City of Arabia | Oct 2028 | 0% | 247 |
| Passo by Beyond | Palm Jumeirah | Dec 2029 | 0% | 241 |
| Soulever' by Beyond | Dubai Maritime City | Dec 2028 | 0% | 230 |
| Arancia Yards 2 by Beyond | City of Arabia | Jan 2029 | 0% | 184 |
| Lumena Alta by Omniyat | Business Bay | Apr 2031 | 0% | 145 |
| 31 Above by Beyond | Dubai Maritime City | Dec 2028 | 0.5% | 115 |
| Talea | Dubai Maritime City | Jun 2028 | 0% | 111 |
| The Pad | Business Bay | Finished | — | 35 |
| The Binary by Omniyat | Business Bay | Finished | — | 34 |
| The Opus by Omniyat | Business Bay | Finished | — | 33 |
Palm Deira · Omniyat
Dubai Maritime City · Omniyat
City of Arabia · Omniyat
Palm Jumeirah · Omniyat
Dubai Maritime City · Omniyat
City of Arabia · Omniyat
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
Business Bay · Binghatti
Business Bay · Binghatti
Business Bay · Deyaar
Business Bay · Binghatti
Business Bay · Al Habtoor
Photo: Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Vela by Omniyat is a Omniyat project in Business Bay, Dubai, registered with the Dubai Land Department as project 2653 by Downtown Creek Real Estate Development L.L.C. The register lists it as active, with no completion date, 50.03% built at DLD’s inspection on 10 Sep 2026.
27 sales have been registered since Jan 2019, the first on 29 Nov 2022, 3 of them over Oct 2025–Sep 2026. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 130th of the 140 projects with a registered sale in Business Bay, and 28th of Omniyat’s 31.
The DLD register lists no completion date. It was 50.03% built at DLD’s inspection on 10 Sep 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
No. The DLD register lists it as active, 50.03% built at the inspection on 10 Sep 2026.
27 sales registered with the Dubai Land Department since Jan 2019, 3 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
The DLD register lists Downtown Creek Real Estate Development L.L.C, DLD developer number 1468, which we group under Omniyat.
In Business Bay, Dubai. The Dubai Land Department registers its sales under the district Business Bay. Homes there registered at a median AED 2,082 per sq ft over Jul–Sep 2026.
The DLD project register lists an escrow account with Abu Dhabi Commercial Bank for Vela by Omniyat.
Cite this page
Vela by Omniyat, Business Bay. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/vela-by-omniyat
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.
