About Velor
Velor is a residential and commercial tower by Ginco Properties, in Business Bay, Dubai. It rises 32 storeys (2 basement levels, a ground floor, 3 podium levels and 28 floors), built as a concrete structure with internal and external finishes. The project comprises 52 homes.
Key information
Developer
Ginco Properties
- Expected handover
- TBC
- Status
- Not started
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 52
- Registered with DLD
- 21 Apr 2025
- Escrow bank
- Emirates Islamic Bank
- Escrow account no.
- 3718441443613
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction0% complete
- Expected handoverTBC
Construction progress
2 inspection photos from the Dubai Land Department. Latest 12 Feb 2025 at 0% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
5 Elevators
35 Floors
Retail & Shops
Unit mix
52 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 3 | - |
| 4 B/R | 46 | 3,000 sqft |
| 5 B/R | 3 | 6,018 sqft |
Payment plan
Payment plans are set by Ginco Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Velor has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 0% complete.
