Investin Residential

Project Overview

Property Type

Penthouse

Developer

Ginco Properties

Completion Date

30-06-2028

Start Price

AED 8.25M

Project general facts

Project Overview

Velor is a refined luxury residential development designed around elegance, premium living, and bespoke experiences. The project stands out with a striking architectural presence, featuring sleek lines, bold contours, expansive windows, and panoramic views that create a strong sense of openness and grandeur. Its façade adds a distinctive character to an already prestigious urban setting, blending visual impact with thoughtful functionality.

The residences are designed with spacious, light-filled interiors, open-plan layouts, premium finishes, and large windows that frame scenic views. Each apartment is crafted to deliver comfort, refinement, and a sense of elevated living. Kitchens feature state-of-the-art appliances, custom cabinetry, and premium stone countertops, while spa-inspired bathrooms create a relaxing private retreat. The apartments are delivered unfurnished, allowing residents to personalize their homes while enjoying a premium design foundation.

Location & Amenities

Located in Downtown Dubai, Velor benefits from one of the city’s most iconic and sought-after districts. Downtown Dubai is home to world-famous landmarks such as Burj Khalifa, Dubai Mall, and Dubai Fountain, offering residents direct access to luxury shopping, fine dining, entertainment, hotels, and cultural attractions.

The area is strategically positioned along Sheikh Zayed Road, close to Al Wasl and Business Bay, providing strong connectivity to key commercial and residential destinations. Downtown Dubai is also ideal for residents who prefer an active, walkable, and well-connected lifestyle, with upscale hotels, leisure venues, shopping destinations, and everyday conveniences nearby. With its central location and premium surroundings, Velor offers a prestigious setting for refined urban living.

Available Units

Penthouse

Penthouse

4.5 Bedrooms

3,000 - 3,000 sqft

AED 8.25M - AED 8.55M

Penthouse

Penthouse

5.5 Bedrooms

6,018 - 6,018 sqft

AED 17.955M - AED 19.215M

Location

Nearby Places

Kids Castle Nursery in Business Bay, Downtown Dubai

3 KM

Dubai International Airport

15.1 KM

Downtown Dubai

1.3 KM

Burj Park

1.1 KM

Mercato Beach

6 KM

Souk Al Bahar

0.75 KM

Facilities & Amenities

Zen Area
Zen Area
Fitness Center
Fitness Center
Female Spa
Female Spa
Zen Garden
Zen Garden
Zen Lounge
Zen Lounge
Infinity Pool
Infinity Pool
Kid’S Play Area
Kid’S Play Area
Male Spa
Male Spa
Bbq Area
Bbq Area
Kids Pool
Kids Pool
Executive Lounge
Executive Lounge

Payment Plans

20%
On booking
4 payments
20%
During construction
4 payments
60%
Upon Handover
0 payments
On booking 10%
DLD Fee 4%
Admin Fee AED 5050.00
30 days from the booking date 10%

Developer Information

Ginco Properties

Ginco Properties

GINCO Properties is a real estate developer in Dubai. For over 45 years, GINCO Group has left an indelible mark on the evolving skyline of the region. Established in 1975 by Chairman Mr. Gheyath Mohammad Gheyath, the group has been on an unwavering journey of success steered by a team of world-class experts, specialists, and seasoned professionals who have delivered iconic projects across the world. Guided by visionary leadership and fortified by unwavering partnerships, GINCO Properties, a member of GINCO Group looks forward to playing a pivotal role in crafting numerous tales of triumph and taking the legacy of its parent company forward. The company's mission is to create exceptional living spaces and environments that enrich the lives of residents and contribute to the sustainable growth of communities. GINCO Properties is synonymous with luxury, quality and innovation in real estate.

Office G01, Emaar Square Building No. 6 Dubai, UAE

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This project in numbers

Price vs. areaIn the lower price range of its area

About AED 2,750/sqft. Projects on sale in Business Bay range from about AED 2,380 to 9,510/sqft.

Area rental yield6.5–7.5% gross

Area average from Dubai Land Department data; it may fall below or above this band. Net yield differs once service charges and costs are deducted.

Calculate your net yield →
Golden VisaAbove the AED 2M threshold

The starting price meets the 10-year Golden Visa threshold.

Threshold and conditions →
Expected handoverJune 2028

Off-plan, the down payment and instalments are paid until handover; this project's plan is below.

See the payment plan →

Other budgets in the same area

Source: current sales list (refreshed twice a day) · area yield from Dubai Land Department. Price per sqft uses the starting price and smallest unit size and is approximate. For information only, not binding.

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