Project Name
VELA by OMNIYAT
VELA by OMNIYAT Construction Updates
Track the Latest Construction Progress of VELA by OMNIYAT at Marasi Bay
Follow verified construction updates for VELA by OMNIYAT through official inspection activity, waterfront development milestones, and luxury residential tower progress across Marasi Bay in Business Bay, Dubai.
VELA by OMNIYAT Project Overview
Explore the full VELA by OMNIYAT project details including Marina Residences, Sky Residences, penthouses, Sky Palaces, private pools, waterfront lifestyle experiences, and ultra-luxury branded living within Marasi Bay, Business Bay, Dubai.
VELA by OMNIYAT Construction Snapshot
Project Number
2653
Project Status
Active
Construction Progress
28.76%
Latest Inspection
17 March 2026
Construction Start
01 June 2023
Total Units
38 ultra-luxury residences
Total Built Area
24,847.38 sq m
Expected Completion
Q4 2027
VELA by OMNIYAT Construction Update Timeline
Track the official construction timeline for VELA by OMNIYAT through inspection reports, structural development activity, and verified waterfront construction monitoring across Marasi Bay in Business Bay, Dubai.
| Month | Construction Progress | Inspection Date | Update |
|---|---|---|---|
| March 2026 | 28.76% | 17 March 2026 | View March 2026 Construction Update |
VELA by OMNIYAT Construction Progress Stages
Construction at VELA by OMNIYAT advances through multiple ultra-luxury waterfront development stages, from early structural preparation and marina infrastructure to tower elevation, waterfront landscaping, and final branded residential delivery across Marasi Bay in Business Bay, Dubai.
Explore Marasi Bay Structure
VELA by OMNIYAT construction updates connect to the wider Marasi Bay ultra-luxury waterfront district. Explore Marasi Bay positioning, OMNIYAT waterfront developments, and branded residential opportunities across Business Bay, Dubai.
Marasi Bay Properties for Sale
Explore branded residences, penthouses, marina homes, and ultra-luxury waterfront opportunities across Marasi Bay.
Marasi Bay Community Overview
Explore Marasi Bay waterfront positioning, marina connectivity, and luxury lifestyle experiences within Business Bay.
OMNIYAT Developer Profile
Explore OMNIYAT ultra-luxury developments, branded residences, and waterfront projects across Dubai.
VELA by OMNIYAT Construction Progress Insights
Construction updates for VELA by OMNIYAT confirm continued structural progress within OMNIYAT’s ultra-luxury Marasi Bay waterfront district.
Inspection records show the project progressing from 0% construction activity in May 2023 to 7.42% progress in January 2025, followed by 11.62% in June 2025, 19.03% in October 2025, and 28.76% completion recorded during the latest inspection dated 17 March 2026.
Investing in VELA by OMNIYAT
Investing in VELA by OMNIYAT involves monitoring verified waterfront construction progress, branded residential development, and long term ultra-luxury ownership positioning within Marasi Bay in Business Bay, Dubai.
Dubai Golden Visa Through VELA by OMNIYAT
Eligible VELA investments may support UAE Golden Visa eligibility through qualifying luxury property ownership.
Escrow Protection for VELA by OMNIYAT
Buyer payments remain protected through regulated escrow structures linked to verified construction milestones.
VELA by OMNIYAT Construction Updates - FAQs
What is the current construction status of VELA by OMNIYAT?
VELA by OMNIYAT is currently active with ongoing ultra-luxury waterfront construction activity at Marasi Bay in Business Bay, Dubai.
What is the latest construction progress at VELA by OMNIYAT?
The latest inspection dated 17 March 2026 records 28.76% construction progress for VELA by OMNIYAT.
How has construction progressed at VELA by OMNIYAT?
Inspection reports show VELA by OMNIYAT progressing from 0% in May 2023 to 7.42% in January 2025, 11.62% in June 2025, 19.03% in October 2025, and 28.76% in March 2026.
How many residences are planned at VELA by OMNIYAT?
VELA by OMNIYAT includes 38 ultra-luxury branded residences featuring Marina Residences, Sky Residences, penthouses, and Sky Palaces.
When is VELA by OMNIYAT expected to be completed?
VELA by OMNIYAT is currently scheduled for handover and completion in Q4 2027.
Where can I follow VELA by OMNIYAT construction progress?
Construction progress can be followed through the monthly VELA by OMNIYAT construction update pages connected to this hub, including inspection activity and verified development milestones.
Who is the developer of VELA by OMNIYAT?
VELA is developed by OMNIYAT, one of Dubai’s leading ultra-luxury real estate developers focused on branded waterfront projects.
Where is VELA by OMNIYAT located?
VELA by OMNIYAT is located at Marasi Bay within Business Bay, beside Dubai Canal and close to Downtown Dubai and Burj Khalifa.
