Back to off-plan projects
under constructionon sale

Velor Penthouses

A development by Ginco Properties

Business Bay, Dubai

Confirmed price range

8.2M – 19.2M AED

Unit availability

10

Bedrooms

4.5–5.5

Bathrooms

Completion

Jun 2028

Area

3,000 – 6,018 sqft

Buildings

1

Share this property

Project detail

Overview

A closer look at the residences, lifestyle, and location.

The residences

Velor is a statement of refined urban living, positioned among globally recognized landmarks and designed to offer a lifestyle defined by elegance, exclusivity, and attention to detail. The development presents a seamless fusion of architecture and experience, where every element — from spatial design to everyday interactions — is carefully curated to create a sense of sophistication and ease.

The building’s exterior stands out with its sleek lines, bold contours, and expansive glazing, creating a striking architectural identity that balances openness with grandeur. Floor-to-ceiling windows invite natural light while framing panoramic views, enhancing the sense of space throughout. Inside, residences are designed with generous layouts and open-plan living areas that emphasize comfort and fluidity, complemented by premium finishes that elevate the overall living experience.

Velor offers a comprehensive range of amenities and services tailored to modern lifestyles, supporting wellness, relaxation, and recreation. The interiors continue this refined approach with high-quality materials and thoughtful detailing, while kitchens are equipped with state-of-the-art appliances, custom cabinetry, and premium stone countertops. Spa-inspired bathrooms further enhance the sense of tranquility, resulting in a residential environment that combines contemporary design with everyday comfort.

Location & lifestyle

Downtown Dubai is the centre of Dubai, constantly evolving at a fast pace. Home to many landmarks and world-famous attractions, including Burj Khalifa, the Dubai Mall and Dancing Fountains, the area is a hub of activities.

The prime location keeps Downtown busy throughout the year. Constantly attracting tourists, there’re always some new things to do in Downtown Dubai. The area is best known for offering a luxurious lifestyle. It used to be a vertical community, but many villas have also been added to the real estate market. As per Bayut’s 2020 Rental Market Report, it is the second most popular area offering luxury apartments for rent after Dubai Marina. Downtown is well connected to other key commercial and residential areas in the city.

Strategically located along Sheikh Zayed Road, E11, across Al Wasl and bordering Business Bay, it is a pretty active and bustling neighbourhood. Downtown is one of Dubai’s best areas for non-drivers and frequent travellers. Many amenities, including upscale hotels, chic leisure points and massive shopping centres, make Downtown Dubai a sought-after address and “the centre of now.”

Aumera decision frame

How to examine this project

A structured reading of the published dossier—not a return forecast or recommendation.

Decision signals

  • Requires the buyer to examine how much capital is committed by the handover point.
  • The specific unit, layout efficiency, and view premium should carry more weight than the headline starting price.
  • Should be reviewed alongside comparable delivered work by Ginco Properties.

Catalogue completeness

Completion timing
Confirm before reservation
Service charge
Present in catalogue
Escrow information
Present in catalogue
Payment milestones
Present in catalogue
Project detail

Floor plans

Open any plan to inspect the residence layout in full detail.

Loading floor plans...

Project detail

Typical units

Indicative layouts, price ranges, and internal areas.

LayoutBedroomsPrice (AED)Size
4 bedroom layout4 bedroom8.3M3,000 sqft
4 bedroom layout4 bedroom8.3M3,000 sqft
4 bedroom layout4 bedroom8.6M3,000 sqft
4 bedroom layout4 bedroom8.6M3,000 sqft
5 bedroom layout5 bedroom19.5M6,018 sqft
5 bedroom layout5 bedroom20.6M6,018 sqft
5 bedroom layout5 bedroom18.0M – 18.4M6,018 sqft
5 bedroom layout5 bedroom18.3M – 19.2M6,018 sqft
Project detail

Payment plans

Review the available instalment structures and key milestones.

Payment structure

Payment Plan

0 months
10%
On booking
on booking · + 4% DLD + 5050 AED OQOOD + Admin Fee
30%
During construction
during construction
10%
1st Installment
5%
2nd Installment
5%
3rd Installment
5%
4th Installment
5%
5th Installment
60%
Upon Handover
on handover · 60 payment - Final Installment (Velor Penthouses)
Project detail

Amenities

Facilities designed around everyday comfort, wellness, and leisure.

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

Buildings

Tower

Tower

unknown
Escrow: 3718441443613

4 & 5 bedroom penthouses

Project detail

Parking

Allocated parking by residence type and bedroom configuration.

Unit typeBedroomsParking spaces
penthouse52
penthouse42
Project detail

Project specifications

Key construction, completion, and ownership information.

Available units
10
Unit types
penthouse
Service charge
22 AED/sqft
Furnishing
Yes
Buildings
1
Construction start
May 2025
Construction end
Jun 2028
Completion
Jun 2028
Escrow no.
3718441443613

Personalised advisory

Request your private brief

Tell us how you are approaching Velor Penthouses. Your answers help your advisor prepare availability, comparisons, and a conversation around your actual requirements.

Your details help us prepare and respond to this property enquiry. See our Privacy Policy for how information is used and retained.