Home›Projects›VELA by OMNIYAT

VELA by OMNIYAT

by DOWNTOWN CREEK REAL ESTATE DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress11.6%
Project Start
Jun 1, 2023
Expected Handover
N/A
Total Units
39
Avg Unit Size
7021 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 39.45M
PSF
AED 6,789/sqft
Sales 12M
0
vs Area
+2744.3%
Asset Turnover
ⓘ
0.0%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
39
Avg Unit Size
7021 sqft
3BR
59.0%
NA
2.6%
4BR+
38.5%

Room Configuration

Unit TypeCountShare
3BR2359.0%
4BR+1538.5%
NA12.6%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
3BR60.5%
23 units
50.0%
1 sold
0.83⚠️ STAGNANT
4BR+39.5%
15 units
50.0%
1 sold
1.27⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
27 Apr 2026
BUSINESS BAY4BR+AED 60.73MAED 8,236/sqftOff-planFreehold
7 Apr 2026
BUSINESS BAY3BRAED 28.81MAED 6,769/sqftOff-planFreehold
11 Feb 2025
BUSINESS BAY4BR+AED 50.32MAED 6,845/sqftOff-planFreehold
20 Aug 2024
BUSINESS BAY3BRAED 42.90MAED 6,808/sqftOff-planFreehold
26 Jun 2024
BUSINESS BAY3BRAED 36.42MAED 6,082/sqftOff-planFreehold
27 May 2024
BUSINESS BAY3BRAED 44.60MAED 7,376/sqftOff-planFreehold
22 May 2024
BUSINESS BAY4BR+AED 74.04MAED 8,750/sqftOff-planFreehold
1 Mar 2024
BUSINESS BAY3BRAED 31.48MAED 7,396/sqftOff-planFreehold
26 Jan 2024
BUSINESS BAY3BRAED 28.81MAED 6,769/sqftOff-planFreehold
22 Jan 2024
BUSINESS BAY3BRAED 39.74MAED 6,248/sqftOff-planFreehold
22 Jan 2024
BUSINESS BAY3BRAED 38.19MAED 6,004/sqftOff-planFreehold
22 Jan 2024
BUSINESS BAY3BRAED 37.46MAED 5,889/sqftOff-planFreehold
22 Jan 2024
BUSINESS BAY3BRAED 31.19MAED 7,327/sqftOff-planFreehold
22 Jan 2024
BUSINESS BAY3BRAED 39.16MAED 6,214/sqftOff-planFreehold
19 Jan 2024
BUSINESS BAY4BR+AED 61.70MAED 7,291/sqftOff-planFreehold
18 Jan 2024
BUSINESS BAY3BRAED 33.56MAED 5,276/sqftOff-planFreehold
18 Jan 2024
BUSINESS BAY3BRAED 48.38MAED 8,001/sqftOff-planFreehold
18 Jan 2024
BUSINESS BAY3BRAED 36.00MAED 5,713/sqftOff-planFreehold
18 Jan 2024
BUSINESS BAY3BRAED 44.24MAED 7,316/sqftOff-planFreehold
14 Dec 2023
BUSINESS BAY3BRAED 28.54MAED 6,704/sqftOff-planFreehold
12 Dec 2023
BUSINESS BAY3BRAED 41.58MAED 6,598/sqftOff-planFreehold
12 Dec 2023
BUSINESS BAY3BRAED 43.88MAED 6,925/sqftOff-planFreehold
15 Nov 2023
BUSINESS BAY4BR+AED 50.70MAED 6,979/sqftOff-planFreehold
10 Nov 2023
BUSINESS BAY3BRAED 27.66MAED 6,499/sqftOff-planFreehold
10 Nov 2023
BUSINESS BAY3BRAED 29.00MAED 6,818/sqftOff-planFreehold
29 Nov 2022
BUSINESS BAYAED 80.00MAED 1,559/sqftReadyFreehold
HomeAreasRankActivity