Home›Projects›Vela Viento by Omniyat

Vela Viento by Omniyat

by ROYAL CREEK REAL ESTATE DEVELOPMENT LLC·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress8.8%
Project Start
Jan 9, 2024
Expected Handover
May 13, 2027
262 days remaining
Total Units
86
Avg Unit Size
5161 sqft
Freehold Ratio
100%
Escrow Agent
Commercial Bank of Dubai
Median Price
AED 22.75M
PSF
AED 6,093/sqft
Sales 12M
2
vs Area
+1540.5%
Asset Turnover
ⓘ
2.3%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
86
Avg Unit Size
5161 sqft
3BR
50.5%
NA
1.0%
2BR
23.7%
4BR+
24.7%

Room Configuration

Unit TypeCountShare
3BR4950.5%
4BR+2424.7%
2BR2323.7%
NA11.0%

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
3BR51.0%
49 units
27.3%
3 sold
0.54⚠️ LOW DEMAND
4BR+25.0%
24 units
36.4%
4 sold
1.46🔥 HIGH DEMAND
2BR24.0%
23 units
36.4%
4 sold
1.52🔥 HIGH DEMAND

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
6 Aug 2026
BUSINESS BAY4BR+AED 43.47MAED 7,028/sqftOff-planFreehold
4 Aug 2026
BUSINESS BAY3BRAED 23.52MAED 6,691/sqftOff-planFreehold
1 Aug 2026
Published 3 Aug 2026
BUSINESS BAY4BR+AED 36.22MAED 6,864/sqftOff-planFreehold
29 Jul 2026
Published 30 Jul 2026
BUSINESS BAY3BRAED 24.98MAED 7,099/sqftOff-planFreehold
27 Apr 2026
BUSINESS BAY3BRAED 32.00MAED 5,978/sqftOff-planFreehold
24 Mar 2026
BUSINESS BAY2BRAED 19.00MAED 5,039/sqftOff-planFreehold
1 Feb 2026
Published 2 Feb 2026
BUSINESS BAY2BRAED 17.42MAED 6,266/sqftOff-planFreehold
12 Jan 2026
BUSINESS BAY4BR+AED 20.91MAED 5,546/sqftOff-planFreehold
8 Jan 2026
Published 9 Jan 2026
BUSINESS BAY2BRAED 21.26MAED 5,638/sqftOff-planFreehold
27 Nov 2025
BUSINESS BAY4BR+AED 33.00MAED 4,768/sqftOff-planFreehold
3 Nov 2025
BUSINESS BAY2BRAED 23.05MAED 6,068/sqftOff-planFreehold
24 Jun 2025
BUSINESS BAY2BRAED 18.30MAED 6,582/sqftOff-planFreehold
29 May 2025
BUSINESS BAY3BRAED 27.10MAED 6,596/sqftOff-planFreehold
12 Mar 2025
BUSINESS BAY3BRAED 22.83MAED 5,851/sqftOff-planFreehold
18 Feb 2025
BUSINESS BAY3BRAED 24.53MAED 6,288/sqftOff-planFreehold
18 Feb 2025
BUSINESS BAY3BRAED 24.23MAED 6,210/sqftOff-planFreehold
6 Feb 2025
BUSINESS BAY2BRAED 20.86MAED 5,532/sqftOff-planFreehold
6 Feb 2025
BUSINESS BAY3BRAED 22.01MAED 5,641/sqftOff-planFreehold
17 Dec 2024
BUSINESS BAY2BRAED 17.00MAED 6,117/sqftOff-planFreehold
13 Nov 2024
BUSINESS BAY2BRAED 18.59MAED 6,689/sqftOff-planFreehold
12 Nov 2024
BUSINESS BAY2BRAED 19.59MAED 5,196/sqftOff-planFreehold
12 Nov 2024
BUSINESS BAY3BRAED 23.08MAED 5,915/sqftOff-planFreehold
12 Nov 2024
BUSINESS BAY2BRAED 17.63MAED 6,344/sqftOff-planFreehold
11 Nov 2024
BUSINESS BAY3BRAED 22.88MAED 5,863/sqftOff-planFreehold
8 Nov 2024
BUSINESS BAY3BRAED 22.67MAED 5,811/sqftOff-planFreehold
7 Nov 2024
BUSINESS BAY2BRAED 21.32MAED 5,654/sqftOff-planFreehold
7 Nov 2024
BUSINESS BAY2BRAED 16.76MAED 6,028/sqftOff-planFreehold
7 Nov 2024
BUSINESS BAY3BRAED 20.17MAED 5,170/sqftOff-planFreehold
7 Nov 2024
BUSINESS BAY2BRAED 17.15MAED 6,170/sqftOff-planFreehold
4 Nov 2024
BUSINESS BAY2BRAED 24.50MAED 6,450/sqftOff-planFreehold
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