About Vela Viento by Omniyat
Vela Viento by Omniyat is a residential tower by Royal Creek Real Estate Development, in Business Bay, Dubai. It rises 42 storeys (3 basement levels, a ground floor and 41 floors), built as a concrete structure with internal and external finishes. The project comprises 86 homes.
Key information
Developer
Royal Creek Real Estate Development
- Expected handover
- Q2 2027
- Status
- Under construction
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 86
- Registered with DLD
- 10 Jul 2024
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1008096859
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction22% complete
- Expected handoverQ2 2027
Construction progress
38 inspection photos from the Dubai Land Department. Latest 18 May 2026 at 22% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
10 Elevators
45 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
36
Median price
AED 22.8M
Median price / sqft
AED 6K+0%
Off-plan share
100%
Priced 262% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 2 Bed | 16 | 3,217 sqft | AED 19.5M | AED 6K |
| 3 Bed | 17 | 4,156 sqft | AED 25.2M | AED 6K |
| 4 Bed | 2 | 5,731 sqft | AED 39.8M | AED 7K |
| 5 Bed | 1 | 3,771 sqft | AED 20.9M | AED 6K |
Price per sqft by year
+0% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 03 Aug 2026 | Off-plan | 5,276 sqft | AED 36.2M | AED 7K |
| 30 Jul 2026 | Off-plan | 3,519 sqft | AED 25.0M | AED 7K |
| 29 Jul 2026 | Off-plan | 6,185 sqft | AED 43.5M | AED 7K |
| 27 Jul 2026 | Off-plan | 3,515 sqft | AED 23.5M | AED 7K |
| 27 Apr 2026 | Off-plan | 5,353 sqft | AED 32.0M | AED 6K |
| 24 Mar 2026 | Off-plan | 3,771 sqft | AED 19.0M | AED 5K |
| 02 Feb 2026 | Off-plan | 2,780 sqft | AED 17.4M | AED 6K |
| 12 Jan 2026 | Off-plan | 3,771 sqft | AED 20.9M | AED 6K |
Unit mix
96 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| 2 B/R | 20 | 2,792 - 4,040 sqft |
| 3 B/R | 51 | 3,515 - 5,381 sqft |
| 4 B/R | 23 | 5,023 - 21,062 sqft |
| 5 B/R | 1 | 7,572 sqft |
Payment plan
Payment plans are set by Royal Creek 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
Vela Viento by Omniyat has a planned handover of Q2 2027, and the latest DLD inspection puts construction at 22% complete.
