Downtown Dubai · area photo
One Residence
Downtown Dubai · Ginco
Due Mar 2027DLD register
Median home price, Oct 2025–Sep 2026AED 2.3m
Velor
Business Bay GincoDLD project 3392
Towers along the Dubai Water Canal in Business Bay, Dubai. Area photo, not this projectPhoto: Sergei Gussev, Wikimedia Commons, CC BY 2.0, resized and cropped
The short answer
Velor is active on the DLD register, completion date 1 Nov 2027. It was 0% built at DLD’s inspection on 12 Feb 2025.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
1 Nov 2027
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
0%
DLD inspection, 12 Feb 2025
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
0
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 on0 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
0
Oct 2025–Sep 2026
The DLD project register
ActiveCompletion date on the DLD register: 1 Nov 2027
0% built at DLD’s inspection on 12 Feb 2025.
Started1 May 20250% builtinspection 12 Feb 2025Completion1 Nov 2027
Built, at DLD’s latest inspection0%
- DLD project number
- 3392
- Status
- Active
- Completion date
- 1 Nov 2027
- Start date
- 1 May 2025
- Registered
- 21 Apr 2025
- Developer
- Ginco Properties L.L.C · DLD developer 1485
- Escrow account bank
- Emirates Islamic Bank
- Units
- 52
- Buildings
- 1: Velor
Inspection history: 1 inspection on the register
| Inspection date | Built |
|---|---|
| 12 Feb 2025 | 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. Ginco 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-3392-H1 · DLD register read 13 Oct 2026
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 13 Feb 2024 | Land Ready | 25,759 | AED 121m | — | — |
| 1 Apr 2019 | Land Ready | 25,759 | AED 44.0m | — | — |
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.
Ginco’s ads
Ginco isn’t advertising Velor on Facebook or Instagram right now. When it does, the ads will show here with the prices they quote.
Checked in Meta’s Ad Library on 26 Oct 2026 · Search the Ad Library for Ginco
Business Bay market insights
Registered with DLD under the district Business Bay, 2019 to 5 Oct 2026.
AED 2,058Sep 2026−1%on Oct 2023
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
13,134 sales2025+480%on 2019
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.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 1 | 0 | 1 | AED 44.0m | — | — |
| 2024 | 1 | 0 | 1 | AED 121m | — | — |
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.
2sales registered, Apr 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Business Bay
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.
Other projects by Ginco
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| One Residence | Downtown Dubai | Mar 2027 | 6.3% | 74 |
| Prive Residence | Hadaeq Sheikh Mohammed Bin Rashid | Finished | — | 30 |
| Vyb | Business Bay | Finished | — | 23 |
More from Ginco
Every Ginco projectDubai, general view
Prive Residence
Hadaeq Sheikh Mohammed Bin Rashid · Ginco
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Business Bay · area photo
Vyb
Business Bay · Ginco
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Photos: Downtown Dubai and the Burj Khalifa by Tim Reckmann from Hamm, Deutschland (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
More projects in Business Bay
Everything in Business BayBusiness Bay · area photo
Binghatti Aquarise
Business Bay · Binghatti
Due Oct 2026DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Business Bay · area photo
Binghatti Skyrise
Business Bay · Binghatti
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Business Bay · area photo
Downtown Residences
Business Bay · Deyaar
Due Dec 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.6m
Business Bay · area photo
Business Bay · area photo
Binghatti Skyhall
Business Bay · Binghatti
Due Aug 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Business Bay · area photo
Al Habtoor Tower
Business Bay · Al Habtoor
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 3.4m
Photo: Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in Velor
About Velor
Velor is a Ginco project in Business Bay, Dubai, registered with the Dubai Land Department as project 3392 by Ginco Properties L.L.C. The register lists it as active, with a completion date of 1 Nov 2027, 0% built at DLD’s inspection on 12 Feb 2025.
2 sales have been registered since Jan 2019, the first on 1 Apr 2019. The sales include 2 land plots, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 138th of the 140 projects with a registered sale in Business Bay, and 4th of Ginco’s 4.
Questions about Velor
When will Velor be finished?
The DLD register lists a completion date of 1 Nov 2027. It was 0% built at DLD’s inspection on 12 Feb 2025. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Velor finished?
No. The DLD register lists it as active, 0% built at the inspection on 12 Feb 2025.
How many sales has Velor had?
2 sales registered with the Dubai Land Department since Jan 2019. The count includes 2 land plots, which are left out of every price figure.
Who is the developer of Velor?
The DLD register lists Ginco Properties L.L.C, DLD developer number 1485, which we group under Ginco.
Where is Velor?
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.
Which escrow account does DLD list for Velor?
The DLD project register lists an escrow account with Emirates Islamic Bank for Velor.
Cite this page
Velor, 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/velor
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.
Read next
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.