Project Name
VELA by OMNIYAT

October 2025 inspection confirms VELA by OMNIYAT reached 19.03% construction progress as structural and internal works continue advancing across the Marasi Bay waterfront development in Business Bay, Dubai.
VELA by OMNIYAT
2653
Active
19.03%
24 October 2025
01 June 2023
38 ultra-luxury residences
24,847.38 sq m
Q4 2027
The latest inspection conducted on 24 October 2025 confirms VELA by OMNIYAT has advanced from 11.62% to 19.03% construction progress as structural development activity continues across the Marasi Bay waterfront site.
Current inspection findings confirm ongoing structural framework progress, active tower construction operations, and continued development works supporting the next phase of ultra-luxury waterfront construction within Business Bay, Dubai.
The October 2025 inspection report confirms structural construction activity is actively progressing at VELA by OMNIYAT, with visible tower development works continuing across the Marasi Bay waterfront site.
The project introduces ultra-luxury waterfront residences, private pool layouts, expansive terraces, and branded Dorchester Collection living experiences within OMNIYAT’s Marasi Bay master development in Business Bay, Dubai.
VELA by OMNIYAT is positioned within Marasi Bay in Business Bay, a prestigious waterfront district designed around ultra-luxury marina living, branded residences, and skyline-facing lifestyle environments beside Dubai Canal.
The location connects residents toward Downtown Dubai, DIFC, Dubai International Airport, and Sheikh Zayed Road while supporting long term waterfront expansion across OMNIYAT’s Marasi Bay master community.

The increase from 11.62% to 19.03% construction progress reflects continued structural development activity at VELA by OMNIYAT as waterfront construction advances across Marasi Bay.
Ongoing construction progress supports the long term ultra-luxury waterfront growth strategy behind Marasi Bay and OMNIYAT’s branded residential master community.
Eligible VELA by OMNIYAT investments may qualify buyers for long term UAE residency.
Buyer payments remain protected through a DLD regulated escrow account linked to construction milestones.
VELA by OMNIYAT is an ultra-luxury waterfront residential development within Marasi Bay in Business Bay introducing Marina Residences, Sky Residences, penthouses, and Sky Palaces with private pools and panoramic Burj Khalifa views.
The project combines branded Dorchester Collection living, Foster + Partners architecture, and long term waterfront positioning within OMNIYAT’s Marasi Bay master development.

VELA by OMNIYAT construction updates connect to the ultra-luxury waterfront growth of Marasi Bay and OMNIYAT’s expanding branded residential master community.
Browse Marasi Bay branded residences, marina apartments, penthouses, and waterfront investment opportunities.
Explore Marasi Bay waterfront planning, marina promenades, skyline positioning, and luxury lifestyle environments.
Explore OMNIYAT luxury developments, branded residences, waterfront destinations, and ultra-premium Dubai projects.
The latest inspection confirms VELA by OMNIYAT has reached 19.03% construction progress within Marasi Bay, Business Bay.
VELA by OMNIYAT advanced from 11.62% to 19.03% construction progress between inspections.
Current inspection findings confirm continued structural activity, tower development progression, and active site operations across the Marasi Bay waterfront location.
VELA by OMNIYAT is managed by Dorchester Collection, the internationally recognized luxury hospitality operator.
Construction updates provide verified inspection insights covering development milestones, waterfront progress, and project advancement within Marasi Bay.
According to the current development timeline, VELA by OMNIYAT is expected to hand over in Q4 2027.

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