4 Bedroom Apartment for sale at Vela

 (Write Review)
DAMAC Towers by Paramount, Business Bay,Dubai
Unit ID: U1696438
4 Bedrooms
4 Bathrooms
7,373 Sqft Size
Oct 2026 Off Plan

About This Apartment

This property is a 7,373 Sqft apartment with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Vela project in DAMAC Towers by Paramount, Dubai and it is scheduled for completion in Oct 2026. You can buy this apartment for a base price of AED60,000,000 (AED8,138/Sqft).

Features

Private LiftPrivate Lift Private PoolPrivate Pool TerraceTerrace Maids QuartersMaids Quarters

Basic Information

Date Listed Nov 23, 2023
Updated 5 months ago
Property Type Apartment
Floor N/A
Bedrooms 4
Size 7,373 Sqft
Price per Sqft AED8,138
Pets N/A
Apartment Ownership
Foreign Quota
Furniture
Unfurnished
View(s) Marina View, Burj Khalifa View
Unit Type 4BR (Marina Residences)
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1696438

Investment Opportunity: Charges & Yield

Sale Price
AED60,000,000

Project Details

Project Name: Vela
Developer: Omniyat
Construction: Off Plan (Oct 2026)
Floors: 30
Buildings: 1
Units: 38
Project Area: N/A
Nearest Landmark Burj Khalifa/Dubai Mall - 1.4 Km
Location: DAMAC Towers by Paramount, Dubai
Vela Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Vela

  • Communal Pool
    1st Floor

Available Units at Vela

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Payment Plan

Payment Plan
Installment Milestone Payment
Down Payment
Immediately
5%
1st to 6th Installment
During Construction
55%
7th Installment
On completion
40%

Frequently Asked Questions

Burj Khalifa/Dubai Mall is the nearest Metro Station from Vela and it is 1.4 km away.

After you have found the right property, you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Payment Plan
Installment Milestone Payment
Down Payment
Immediately
5%
1st to 6th Installment
During Construction
55%
7th Installment
On completion
40%


Read more here

 

This has become a popular option recently. We have online immersive tours of many properties, so you can see all the properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend a lawyer to manage the entire transfer of the property into your name without you physically being here.

Dubai have different visa entry points for homebuyers from different countries.
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Price Rating : Great Price
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FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

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Dubai
DAMAC Towers by Paramount

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Vela

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
92
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AED18.7M - AED24.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
39
Sales Prices
AED26.2M - AED148M
Monthly Rentals
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Year Built
Dec 2021
Completion Status
Completed
Location
Business Bay, Dubai, United Arab Emirates
Number of units
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AED875K - AED2.4M
Monthly Rentals
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Dec 2013
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Completed
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Location
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Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
AED1.15M - AED2.5M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
N/A
Sales Prices
AED1.35M - AED4M
Monthly Rentals
N/A
Year Built
Sep 2019
Completion Status
Completed
Project Name
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Location
DAMAC Towers by Paramount, Business Bay, Dubai
Number of units
N/A
Sales Prices
AED960K - AED2.14M
Monthly Rentals
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Year Built
N/A
Completion Status
Completed
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Location
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Monthly Rentals
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Year Built
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Completion Status
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