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Velos Residence

by City View Urban Real Estate Development Al Hebiah First

About Velos Residence

Velos Residence is a residential tower by City View Urban Real Estate Development, in Al Hebiah First, Dubai. It rises 33 storeys (a ground floor, 2 podium levels, 30 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 412 homes.

Key information

City View Urban Real Estate Development
Developer
City View Urban Real Estate Development
Expected handover
TBC
Status
Not started
Location
Al Hebiah First, Dubai
Master project
Motor City
Construction started
2025
Number of buildings
1
Number of units
412
Registered with DLD
25 Sept 2025
Escrow bank
United Bank Limited
Escrow account no.
200857792
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2025
  2. Under construction
    7% complete
  3. Expected handover
    TBC

Construction progress

7 inspection photos from the Dubai Land Department. Latest 04 Aug 2026 at 7% complete.

Velos Residence construction — photo 1
Velos Residence construction — photo 2
Velos Residence construction — photo 3
Velos Residence construction — photo 4
Velos Residence construction — photo 5
Velos Residence construction — photo 6
Velos Residence construction — photo 7

Amenities

Physical features recorded on the Dubai Land Department buildings register.

2 Swimming Pools
Covered Parking
7 Elevators
35 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
105
Median price
AED 1.2M
Median price / sqft
AED 2K+2%
Off-plan share
100%

Priced 86% above than the Al Hebiah First median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio43373 sqftAED 839KAED 2K
1 Bed46708 sqftAED 1.3MAED 2K
2 Bed111,040 sqftAED 2.1MAED 2K

Price per sqft by year

+2% since 2025

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
08 Sept 2026Off-plan702 sqftAED 1.2MAED 2K
08 Sept 2026Off-plan669 sqftAED 1.1MAED 2K
08 Sept 2026Off-plan357 sqftAED 791KAED 2K
02 Sept 2026Off-plan703 sqftAED 1.2MAED 2K
20 Aug 2026Off-plan1,047 sqftAED 2.1MAED 2K
12 Aug 2026Off-plan361 sqftAED 832KAED 2K
22 May 2026Off-plan671 sqftAED 1.3MAED 2K
20 May 2026Off-plan419 sqftAED 879KAED 2K

Unit mix

413 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial5-
Studio144341 - 488 sqft
1 B/R208668 - 889 sqft
2 B/R56985 - 1,228 sqft

Payment plan

Payment plans are set by City View and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Al Hebiah First, Dubai.

Al Hebiah First

Dubai, United Arab Emirates

Frequently asked questions

Velos Residence has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 7% complete.

Other new projects in Al Hebiah First

More off-plan launches around Al Hebiah First.

Handover TBC7% complete

Velos Residence

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