Dubai, general view
Binghatti Skyterraces
Motor City · Binghatti
Due Oct 2027DLD register
Median home price, Oct 2025–Sep 2026AED 861k
Velos Residence
Motor City · DLD district Al Hebiah First City View UrbanDLD project 3816
Towers under construction with cranes on the Dubai waterfront. A general view of Dubai, not this projectPhoto: Leandro Neumann Ciuffo, Wikimedia Commons, CC BY 2.0, resized and cropped
The short answer
Velos Residence is active on the DLD register, completion date 31 Oct 2028. It was 6.6% built at DLD’s inspection on 4 Aug 2026. Its 103 home sales over Oct 2025–Sep 2026 registered at a median AED 1.2m, AED 2,029 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
31 Oct 2028
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
6.6%
DLD inspection, 4 Aug 2026
Median 1 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on48 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1.3m
AED 1,831/sq ft · 48 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on103 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.2m
103 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on108 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
108
Oct 2025–Sep 2026
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 48 home sales; median size 703 sq ft.
The DLD project register
ActiveCompletion date on the DLD register: 31 Oct 2028
6.6% built at DLD’s inspection on 4 Aug 2026.
Started1 Sep 20256.6% builtinspection 4 Aug 2026Completion31 Oct 2028
Built, at DLD’s latest inspection6.6%
- DLD project number
- 3816
- Status
- Active
- Completion date
- 31 Oct 2028
- Start date
- 1 Sep 2025
- Registered
- 25 Sep 2025
- Developer
- City View Urban Real Estate Development L.L.C · DLD developer 2370
- Escrow account bank
- United Bank Limited (Management Office)
- Units
- 413
- Buildings
- 1: Velos Residence
Inspection history: 3 inspections on the register
| Inspection date | Built |
|---|---|
| 4 Aug 2026 | 6.6% |
| 27 Mar 2026 | 2.79% |
| 2 Jul 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. City View Urban 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-3816-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 43 | AED 828k | 2,258 | 362 |
| 1 BR | 48 | AED 1.3m | 1,831 | 703 |
| 2 BR | 12 | AED 2.1m | 2,044 | 1,047 |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| 1 BR | AED 1,902 | 24 | AED 1,740 | 5 | −8% |
Launch: first 90 days of registered sales of off-plan homes, 8 Oct 2025 to 5 Jan 2026. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 1 Oct 2026 | Flat · 1 BR Off-plan | 702 | AED 1.3m | 1,841 | +4% |
| 28 Sep 2026 | Flat · 2 BR Off-plan | 1,047 | AED 2.1m | 1,976 | +21% |
| 17 Sep 2026 | Flat · 1 BR Off-plan | 703 | AED 1.3m | 1,819 | +2% |
| 17 Sep 2026 | Flat · 1 BR Off-plan | 705 | AED 1.2m | 1,701 | −4% |
| 8 Sep 2026 | Flat · Studio Off-plan | 357 | AED 791k | 2,214 | +13% |
| 8 Sep 2026 | Flat · 1 BR Off-plan | 702 | AED 1.2m | 1,740 | −2% |
| 8 Sep 2026 | Flat · 1 BR Off-plan | 670 | AED 1.1m | 1,699 | −4% |
| 2 Sep 2026 | Flat · 1 BR Off-plan | 703 | AED 1.2m | 1,763 | −1% |
| 19 Aug 2026 | Flat · 2 BR Off-plan | 1,047 | AED 2.1m | 2,011 | +23% |
| 11 Aug 2026 | Flat · Studio Off-plan | 361 | AED 832k | 2,306 | +18% |
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 Motor City, Oct 2025–Sep 2026.
City View Urban’s ads
City View Urban isn’t advertising Velos Residence 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 City View Urban
Motor City market insights
Registered with DLD under the district Al Hebiah First, 2019 to 5 Oct 2026.
AED 1,795Sep 2026+123%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
6,192 sales2025+2502%on 2019
Full years only, registered sales of every type. 2,419 sales in 2026 to 5 Oct.
Off-plan share
79% of the 4,083 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 |
|---|---|---|---|---|---|---|
| 2024 | 1 | 0 | 1 | AED 84.0m | — | — |
| 2025 | 47 | 47 | 0 | AED 58.7m | AED 1.3m | 2,029 |
| 2026 to 5 Oct | 62 | 62 | 0 | AED 90.0m | AED 1.2m | 2,011 |
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.
109sales registered, Aug 2024 to Sep 2026
Every registered sale, all property types.
Other projects in Motor City
4,083 sales were registered in Motor City over Oct 2025–Sep 2026, with homes at a median AED 1,744 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Binghatti Skyterraces | Binghatti | Due Oct 2027 | 640 | AED 861k |
| Sobha Solis | Sobha | Due Dec 2028 | 574 | AED 1.1m |
| Sierra by Iman | Iman Developers | Due Jun 2029 | 527 | AED 1.3m |
| Ananda Residences | Tiger | Due May 2028 | 276 | AED 568k |
| Sobha Orbis | Sobha | Due Dec 2028 | 273 | AED 1.3m |
| Takaya | Union Properties | Due Dec 2027 | 183 | AED 2.0m |
| 15 Cascade | Iman Developers | Due Sep 2028 | 178 | AED 1.6m |
| Beverly Grande | HMB Homes | Due Dec 2027 | 142 | AED 1.1m |
| Mirdad | Union Properties | Due Dec 2028 | 138 | AED 1.4m |
| Capital One | Royal Centurion | Due Feb 2027 | 118 | — |
| Casa Flores and Eden Apartments | National Properties | Finished | 115 | AED 1.2m |
| Oia Residence | Union Properties | Finished | 71 | AED 2.0m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
More projects in Motor City
Everything in Motor CityDubai, general view
Dubai, general view
Sierra by Iman
Motor City · Iman Developers
Due Jun 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
Ananda Residences
Motor City · Tiger
Due May 2028DLD register
Median home price, Oct 2025–Sep 2026AED 568k
Dubai, general view
Dubai, general view
Takaya
Motor City · Union Properties
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Before you buy a home in Velos Residence
About Velos Residence
Velos Residence is a City View Urban project in Motor City, Dubai, registered with the Dubai Land Department as project 3816 by City View Urban Real Estate Development L.L.C. The register lists it as active, with a completion date of 31 Oct 2028, 6.6% built at DLD’s inspection on 4 Aug 2026.
110 sales have been registered since Jan 2019, the first on 30 Aug 2024, 108 of them over Oct 2025–Sep 2026. Over those twelve months its 103 home sales registered at a median AED 1.2m. 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 14th of the 22 projects with a registered sale in Motor City, and first of City View Urban’s 1.
Questions about Velos Residence
When will Velos Residence be finished?
The DLD register lists a completion date of 31 Oct 2028. It was 6.6% built at DLD’s inspection on 4 Aug 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Velos Residence finished?
No. The DLD register lists it as active, 6.6% built at the inspection on 4 Aug 2026.
What do homes in Velos Residence sell for?
Studio: a median AED 828k, AED 2,258 per sq ft, from 43 sales; 1 BR: a median AED 1.3m, AED 1,831 per sq ft, from 48 sales; 2 BR: a median AED 2.1m, AED 2,044 per sq ft, from 12 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Velos Residence had?
110 sales registered with the Dubai Land Department since Jan 2019, 108 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Velos Residence?
The DLD register lists City View Urban Real Estate Development L.L.C, DLD developer number 2370, which we group under City View Urban.
Where is Velos Residence?
In Motor City, Dubai. The Dubai Land Department registers its sales under the district Al Hebiah First. Homes there registered at a median AED 1,744 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Velos Residence?
The DLD project register lists an escrow account with United Bank Limited (Management Office) for Velos Residence.
Cite this page
Velos Residence, Motor City. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/velos-residence
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.