OMNIYAT · Marasi Bay
VELA Construction Updates
Six Dated Register Readings for a 38-Residence Tower on the Marasi Bay Basin
VELA by OMNIYAT's DLD register reading hit 50.03% on 10 September 2026, each interval since the 0% Marasi Bay baseline of May 2023 faster than the last.
Construction tracking against RERA inspection data, updated after every recorded inspection.
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Construction Snapshot
VELA at a Glance
VELA by OMNIYAT is a 38-residence tower on the Marasi Bay basin of Business Bay, entered in the Dubai Land Department register as project 2653 with a construction start of 01 June 2023 and a reading of 50.03% on 10 September 2026. Its dates run in an order worth knowing before you read the figures: the first inspection, at 0% on 22 May 2023, comes ten days before that start, and the registration date of 05 October 2023 comes after both. The cards below are the anchors every later reading on this page is measured from.
2653
Active
01 June 2023
38 Ultra-Luxury Residences
24,847.38 sq m
Q4 2027 (developer handover)
Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.
Inspection Record
VELA Construction Update Timeline
Six dated readings make up VELA's record so far: 0% on 22 May 2023, 7.42% on 27 January 2025, 11.62% on 11 June 2025, 19.03% on 24 October 2025, 28.76% on 17 March 2026 and 50.03% on 10 September 2026. The first two sit 616 days apart; since January 2025 a new figure has reached the register every 135 to 177 days, and the most recent of those intervals added 21.27 points on its own. Each dot on the track is one reading, and each table row links that month's full update.
| Inspection Month | Construction Progress | Inspection Date | Full Update |
|---|---|---|---|
| September 2026 | 50.03% | 10 September 2026 | View the September 2026 update |
| March 2026 | 28.76% | 17 March 2026 | View the March 2026 update |
| October 2025 | 19.03% | 24 October 2025 | View the October 2025 update |
| June 2025 | 11.62% | 11 June 2025 | View the June 2025 update |
| January 2025 | 7.42% | 27 January 2025 | View the January 2025 update |
| May 2023 | 0% | 22 May 2023 | View the May 2023 update |
Pace Analysis
How Fast VELA Has Been Built
VELA's five consecutive pairs of dated readings give five measured paces, each worked out as the point gain divided by the days between the two readings and scaled to a 30-day month. Arithmetic on the record, not a forecast:
- 22 May 2023 to 27 Jan 2025: baseline and enabling works, 0% to 7.42% over 616 daysAbout 0.36 points per 30-day month
- 27 Jan to 11 Jun 2025: foundations and main-contract start, 7.42% to 11.62% over 135 daysAbout 0.93 points per 30-day month
- 11 Jun to 24 Oct 2025: structural phase, 11.62% to 19.03% over 135 daysAbout 1.65 points per 30-day month
- 24 Oct 2025 to 17 Mar 2026: structure with MEP and internal finish, 19.03% to 28.76% over 144 daysAbout 2.03 points per 30-day month
- 17 Mar to 10 Sep 2026: advanced structure and external envelope, 28.76% to 50.03% over 177 daysAbout 3.61 points per 30-day month
Read in order, the five figures only climb. The slowest, about 0.36, covers the 616 days from the 0% baseline of 22 May 2023 to 7.42% on 27 January 2025, a window that contains the registered start and ends with enabling works reported complete. From the June 2025 report, when the Progress Status became Main Contract - Progressing, each interval ran faster than the one before, and the 177 days to 10 September 2026 added 21.27 points, more than the 19.03 recorded in total from May 2023 to October 2025. Spread across the 1,197 days since the registered start, the 50.03 points average about 1.25 per month, again arithmetic rather than a forecast. After the 10 September 2026 reading 49.97 points were still to be recorded, while the Q4 2027 handover quarter closes on 31 December 2027, 477 days after that inspection; the two are recorded facts placed side by side. For an end user, the curve shows a frame pushed to an advanced stage before the external envelope entered the notes; for an investor, it shows five readings in a row without a slowdown, a pattern the next dated reading will either extend or break.
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About VELA at Marasi Bay
A register percentage says how far the tower has come; the project guide says what it becomes when the count reaches 100%. Everything this record is tracking toward is set out there:
VELA, Dorchester Collection: 38 Residences on Marasi Bay
VELA by OMNIYAT holds 38 Dorchester Collection residences in two connected towers on Marasi Bay, with interiors by Gilles & Boissier.
View the VELA Project GuideConsidering a Mid-Construction Entry?
VELA holds 38 residences in total, and what remains on offer shifts between inspection cycles. If the record on this page is what brought you here, ask me for current availability before the next reading is published.
Ask About Remaining Availability on WhatsAppStage Record
VELA Build Stages, Mapped to the Inspections
Each stage below is pinned to the dated readings that show it in VELA's own record, from 22 May 2023 to 10 September 2026, so the window beside each one marks where this tower actually passed through it, where it stands now, and what is still ahead of Q4 2027.
Baseline and Enabling Works
The 22 May 2023 inspection found no construction activity and recorded 0%, ten days before the registered start of 01 June 2023; by 27 January 2025 enabling works were complete and foundations under way at 7.42%.
Piling and Foundations
Piling and foundation works were reported complete on 11 June 2025, the report in which the Progress Status moved to Main Contract - Progressing, with the register at 11.62%.
Tower Structure
Structure works under way at 11.62% in June 2025 continued through 19.03% on 24 October 2025 and 28.76% on 17 March 2026, reaching an advanced stage by 10 September 2026 at 50.03%.
Envelope, MEP and Interiors
Internal works entered the notes on 24 October 2025, MEP and internal finish on 17 March 2026, and the external envelope on 10 September 2026; none is yet recorded as complete.
Completion and Handover
Not yet on the record: after the 50.03% reading of 10 September 2026, 49.97 register points remained, with handover of the 38 residences scheduled for Q4 2027.
What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on VELA's own record.
Buyer Position
Tracking Your Position at VELA
This page is one of four project resources that together cover a VELA purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:
VELA Construction Updates
This page: six dated VELA register readings, 0% in May 2023 to 50.03% in September 2026.
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 the VELA 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 the VELA Escrow AccountApproaching Handover
Between 50.03% and Handover: What VELA Buyers Should Do Now
At 50.03% on 10 September 2026, VELA is a frame at an advanced stage whose envelope, services and interiors have only recently entered the notes, so what a buyer controls at this point is the paperwork, not the site. The last interval added 21.27 points in 177 days; if your agreement ties installments to construction stages, the next reading could bring one due, which is why the three checks below belong before that reading rather than after it.
First, make sure every remaining installment is paid into the escrow account held at Abu Dhabi Commercial Bank for project 2653; the VELA by OMNIYAT escrow account page shows how to check it against the DLD record.
Second, if residency is part of your plan, settle how an off-plan VELA purchase is treated for the UAE Golden Visa before the next payment stage, using the VELA by OMNIYAT Golden Visa guide on eligibility and timing.
Third, read each new figure against the one before it: the inspection timeline on this page adds every dated reading, and the September 2026 VELA inspection update holds the full notes behind the current 50.03%.
Send me your unit number on WhatsApp and I will tell you what the latest inspection means for your handover and map the sequence for your specific unit.
The Wider Picture
Explore Marasi Bay Structure
These three pages set VELA's 50.03% reading of 10 September 2026 beside the Marasi Bay market, the canal basin the tower faces and the developer building it:
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 ProfileConstruction tracking for other Dubai projects is indexed on the Dubai Construction Updates hub.
FAQs
VELA Construction Updates Frequently Asked Questions
VELA by OMNIYAT is an active DLD-registered project (number 2653) under its main contract, with the Dubai Land Department register showing 50.03% as of 10 September 2026. The RERA report of that date lists structure works at an advanced stage, with internal works, the external envelope, internal finishes and MEP works progressing. Every dated reading is in the inspection timeline above.
The 10 September 2026 inspection recorded 50.03% in the DLD project register, up 21.27 points from the 28.76% reading of 17 March 2026, and it was the first VELA report to list the external envelope. The full notes for that date are in the VELA by OMNIYAT September 2026 construction update.
Measured between consecutive dated readings, VELA by OMNIYAT's pace rose at every step: about 0.36 points per 30-day month from May 2023 to January 2025, then 0.93 to June 2025, 1.65 to October 2025, 2.03 to March 2026 and 3.61 to 10 September 2026, when the register stood at 50.03%. The full breakdown is in the pace analysis above.
Handover of VELA by OMNIYAT is scheduled for Q4 2027. At the latest reading, 50.03% on 10 September 2026, 49.97 points remained on the register scale and 477 days remained until 31 December 2027, the close of that quarter; the two figures are recorded side by side and are not a forecast. This page's record is updated as each further dated reading is published.
VELA by OMNIYAT holds 38 ultra-luxury residences with a Total Built Area of 24,847.38 sq m, in a building the RERA inspection reports list as four basement levels, a ground floor and 30 upper floors. That building stood at 50.03% in the DLD register on 10 September 2026; the other registration anchors are in the key facts above.
The DLD register gives VELA by OMNIYAT a construction start of 01 June 2023 and a registration date of 05 October 2023. The first inspection, on 22 May 2023, predates both and recorded 0%, with the RERA report finding no construction activity on site; that baseline is documented in the VELA by OMNIYAT May 2023 construction update. The first reading above zero, 7.42%, followed on 27 January 2025.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is keeping the VELA construction record accurate, inspection by inspection, until handover, walking the site personally each inspection period. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.