OMNIYAT · Marasi Bay · Construction Update
VELA by OMNIYAT Construction Update - September 2026
September 2026 Inspection Records VELA at 50.03% With the External Envelope Now on the Record
External envelope works appear for the first time in VELA's 10 September 2026 inspection notes, beside MEP and internal finishes, as the DLD register records 50.03%.
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Recorded DLD Inspection Data
VELA by OMNIYAT Construction Snapshot
Up 21.27 points since the 28.76% reading of 17 March 2026, VELA's register figure of 50.03% is its first above the halfway line, and it comes in the same report that names the external envelope for the first time: with envelope and MEP works both on the record, the project has entered the envelope and services stage band.
VELA by OMNIYAT
2653
Active
50.03%
10 September 2026
01 June 2023
38 Ultra-Luxury Residences
24,847.38 sq m
Q4 2027
Data source: the Dubai Land Department project register, reading 50.03% on 10 September 2026 with the previous reading 28.76% on 17 March 2026, and the RERA Independent Progress Monitoring Report of 10 September 2026 (Progress Status: Main Contract - Progressing), which prints no percentage of its own. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Built on 24 September 2026, 14 days after that reading: re-verify it on Dubai REST before publishing. The hero image is a project rendering of the waterfront tower, not a site photograph. Last updated: September 2026.
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This Inspection Cycle
VELA by OMNIYAT Construction Progress Summary
In the 177 days from 17 March to 10 September 2026, VELA's register figure climbed 21.27 points, about 3.61 per 30-day month and close to double the 2.03 measured over the interval before. That single gain is larger than everything the register recorded from May 2023 to October 2025. The notes now describe the structure as at an advanced stage and add the external envelope, though the register does not say which work produced the points.
- Enabling works, again listed complete on 10 September 2026
- Foundation works, recorded as completed in the same report
- Piling, first reported complete in June 2025
- Structure works, now described as at an advanced stage
- External envelope, on VELA's record for the first time
- Internal works and internal finishes, at different stages
- MEP works, listed for a second report running
- Closing out the structure of the 4B+G+30 tower
- Enclosing the building within its external envelope
- Commissioning services and finishing all 38 residences
- Handover, scheduled for Q4 2027
Payment Linked Progress
What 50.03% Progress Means for VELA Buyers
Once a record starts to describe the outside of a building as well as its frame and interiors, a buyer typically takes stock mid-plan: what has been paid, which clauses the envelope and services stages trigger, and whether selling the position before handover is an option. For a VELA buyer reading the 10 September 2026 record, four checks matter most.
Verify the escrow account
On the 10 September 2026 inspection report, the trust account bank listed for project 2653 is Abu Dhabi Commercial Bank, and any VELA installment still to come belongs only in that DLD regulated escrow account. Run the VELA by OMNIYAT escrow account verification before each transfer; the lookup takes about two minutes against the official DLD project record.
Find the envelope and MEP wording in your SPA
Look for any clause in your sale and purchase agreement that ties a payment to a register percentage such as the halfway mark, to completion of the structure, or to facade and services stages, and set those clauses beside the 10 September 2026 notes, which place the structure at an advanced stage and the envelope, finishes and MEP as progressing. Not sure how your installments map to this reading? Send me your SPA schedule and I will map it against the recorded milestones.
Check the Oqood entry before you assign
Whether a VELA purchase can be assigned before handover, and on what conditions, is set by your SPA and the developer's consent rather than by the register reading. Anyone taking over your position would look first at the Oqood entry under project 2653, so confirm now that its unit reference, area and names match your agreement.
Watch the envelope beside the frame
September 2026 is the first report to list the external envelope, so the next dated reading will show whether envelope and structure move together from here. The six dated readings from May 2023 onward sit side by side on the VELA by OMNIYAT construction updates pillar.
General framework, not legal advice: payment triggers, assignment conditions and registration details are set by your own SPA and the DLD record, and both should be read directly.
Considering VELA Past the Halfway Reading?
A purchase around the September 2026 reading comes with the structure recorded at an advanced stage, the external envelope under way and services and finishes progressing inside, while handover is scheduled for Q4 2027, a quarter that closes 477 days after this inspection. Every payment goes to the DLD-registered escrow account for project 2653, released against recorded construction progress.
- Structure works recorded at an advanced stage on 10 September 2026
- External envelope named in the inspection notes for the first time
- 49.97 points of the register scale still ahead of 100%
- Interiors far enough along to judge finishes in person
- A shorter wait between signing and receiving keys
- A narrower pick of floors and layouts
This update carries no count of unsold residences; what is on offer moves between inspection cycles, so request the current list before you decide.
About the Development
VELA by OMNIYAT Project Details
At the 10 September 2026 inspection VELA's structure works stood at an advanced stage and the external envelope had entered the record, on a scheme the developer presents as two connected towers about 150 metres tall, holding 38 residences. Prices start at AED 37.00M ≈ USD 10.07M.
A purchase at this reading means the frame is well advanced while its outer skin, services and interiors are still being completed, so finishes are judged from the developer's specification for residences it says Dorchester Collection will manage, with handover scheduled for Q4 2027.
VELA by OMNIYAT Project GuideSite Context This Cycle
Explore VELA by OMNIYAT Location on Dubai Map
The 10 September 2026 report includes a view from above of VELA's frame on plot 8 rising at the Marasi Bay waterside, with a road bridge over the canal and moored boats at its foot and tower cranes at the top. A second photograph from the top deck shows crews fixing a reinforcement mat among standing column cages, so on this waterside plot the recorded work was split between building upward at the crown and fitting out the floors below.
The district around plot 8 was complete and in daily use long before this reading, with the Dubai Water Canal and the Business Bay road network already in place, so what a VELA buyer is still waiting on is the building itself: the envelope that will form its canal elevation and the upper floors from which the brochure presents Burj Khalifa and Downtown views. See the project's position on the interactive Dubai real estate map. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in VELA by OMNIYAT Past the Halfway Reading
With the register past 50% and the outer skin of the building now in the notes, residency eligibility and the safe routing of each remaining installment are the questions this stage raises. The resources below follow from the 10 September 2026 record.
VELA by OMNIYAT Construction Updates
This page: VELA's 50.03% register reading of 10 September 2026, its first above 50%.
VELA by OMNIYAT Golden Visa: From Any Single Waterfront Residence
OMNIYAT's VELA, a Dorchester Collection tower of 38 residences on Marasi Bay, qualifies at all five residence types.
Read VELA by OMNIYAT Golden Visa Guide
VELA by OMNIYAT: The 39-Unit Escrow at Marasi Bay
OMNIYAT's VELA at Marasi Bay escrows 39 units with Abu Dhabi Commercial Bank as DLD project 2653, 50.03% certified September 2026.
Verify VELA by OMNIYAT Escrow AccountUpdate Timeline
Other VELA by OMNIYAT Construction Updates
September 2026 is VELA's sixth dated reading, the fourth under the main contract and the latest on record: the March 2026 page, where MEP and internal finish first appeared, sits before it, and the next reading has not yet been published.
Where This Update Fits
Explore VELA by OMNIYAT Structure
Beyond the 10 September 2026 record, three pages widen the view: the ready Marasi Bay homes a VELA purchase competes with, the canal-side district around plot 8, and OMNIYAT, the developer building the tower.
Marasi Bay Properties for Sale
Browse branded residences, waterfront apartments and penthouses for sale by OMNIYAT at Marasi Bay.
See Marasi Bay Properties for Sale
Marasi Bay Community Overview
Read the Marasi Bay guide: OMNIYAT's ultra-luxury canal-front district of branded residences, offices and hospitality.
Explore the Marasi Bay Community
Omniyat: Ultra-Luxury Architectural Icons From Palm Jumeirah to Business Bay
Omniyat designs ultra-luxury waterfront residences and commercial landmarks, and held the largest share of the UAE's ultra-luxury segment in 2024.
View the OMNIYAT Developer ProfileFAQs
VELA by OMNIYAT Construction Progress in September 2026: Frequently Asked Questions
VELA by OMNIYAT stood at 50.03% in the Dubai Land Department project register on 10 September 2026, up from 28.76% at the previous dated reading of 17 March 2026. The gain of 21.27 points over 177 days equals about 3.61 points per 30-day month. The RERA report for the same date prints no percentage of its own and gives the Progress Status as Main Contract - Progressing. The reading was 14 days old when this page was built on 24 September 2026, so check it against Dubai REST before acting on it.
At 50.03% on 10 September 2026, 49.97 points of the register scale were still to be recorded, and 477 days separated that inspection from 31 December 2027, the last day of the Q4 2027 handover quarter. The two figures are recorded facts placed next to each other, not inputs to a pace target, a forecast or a judgment on timing. Each further dated reading will appear on the VELA by OMNIYAT construction updates pillar, while a buyer's binding completion terms are those written into their own Sales and Purchase Agreement.
The external envelope is the outer skin of a building: the facade, glazing and roof elements that close it against the weather. The 10 September 2026 notes list it for the first time on VELA's record, alongside internal works, internal finishes and MEP works, all described as progressing at different stages. The report does not say how many floors the envelope had reached or which faces of the tower it covered, so the entry marks a new work front rather than a measured share of the facade.
It is the largest gain and the fastest pace between any two consecutive dated readings on VELA's record. At about 3.61 points per 30-day month it compares with about 2.03 from October 2025 to March 2026, 1.65 from June to October 2025, 0.93 from January to June 2025 and 0.36 from May 2023 to January 2025. The 21.27 points added in these 177 days also exceed the 19.03 points recorded in total from the 0% reading of May 2023 up to October 2025. The register does not split the gain by work package, so it can be measured but not attributed.
Of the 50.03 points on the register at 10 September 2026, 21.27, more than two fifths, were added after 17 March 2026, in a span covering under a sixth of the 1,197 days since the registered construction start of 01 June 2023. Measured over that whole span, the average is about 1.25 points per month. Both figures are arithmetic on dated register entries, and neither is a forecast of how the remaining points will be recorded.
No. Two of the four photographs in the 10 September 2026 report were taken inside the building: the walls are plastered, but the ceilings show open metal framing, electrical cables hang in loops from ceilings and walls, and overhead ductwork is partly wrapped in protective sheeting while workers stand on stepladders. A third shows the frame from above beside the canal, with tower cranes at the top, and the fourth shows crews fixing reinforcement on the top deck. Because the images form part of the RERA report, they are described here in words and not reproduced.
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Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is helping you read the September 2026 inspection record for VELA correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.
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