2-Bedroom Vela Viento Residence by Omniyat with Burj and Canal Views, 17% Below Original Price

Property Overview

This off-plan 2-bedroom residence at Vela Viento, OMNIYAT's Dorchester Collection-serviced tower in Business Bay, measures 2,852 sqft and is offered at AED 16,300,000. The agent lists an original price of AED 19,727,430, placing the asking price AED 3,427,430, or 17.4%, below it. The residence has Burj Khalifa and canal views, with handover expected in 2027.

Property Highlights

• Property type: Apartment (residence)
• Bedrooms: 2
• Size: 2,852 sqft
• Asking price: AED 16,300,000
• Original price (agent-stated): AED 19,727,430
• Saving: AED 3,427,430 (17.4%)
• Price per sqft: approximately AED 5,715
• View: Burj Khalifa and canal
• Handover: May 2027 (agent-stated)

Why the Price Qualifies as Below Original Price

The comparison uses the original price supplied in the agent's resale brief (Deal #282), received on 29 September 2026. The asking price of AED 16,300,000 is AED 3,427,430 below the stated figure of AED 19,727,430, matching the agent's description of a loss of about AED 3.4 million.

The agent's note describes the AED 19.73 million figure as the original price plus the DLD fee. If so, the discount to the purchase price alone would be smaller, at roughly 14%. Buyers should ask for the SPA to confirm the purchase price and the amount already paid.

About the Project and Developer

Vela Viento is developed by OMNIYAT at Marasi Bay in Business Bay and serviced by Dorchester Collection. The tower is designed by Foster + Partners, with interiors by Gilles & Boissier, and contains 95 residences, including 2- and 3-bedroom Viento Residences, Horizon Residences, Skybridge Duplexes and a single Celestial Penthouse.

Amenities and services listed by OMNIYAT

• Infinity sky pool and indoor lap pool
• Private spa, fitness centre and yoga studio
• Padel court, cinema room and kids' play area
• Private jetty and waterfront promenade
• Dorchester Collection concierge, valet and housekeeping services

Buyers should confirm final specifications and service charges with OMNIYAT.

Layout and View

The residence offers two bedrooms across 2,852 sqft, within the size range OMNIYAT lists for its Viento Residences. The agent reports views of Burj Khalifa and the canal. The floor, bathroom count and parking were not supplied; a floor plan has been requested.

Payment Plan and Handover

The agent states handover is expected in May 2027, while OMNIYAT's project page lists completion in Q3 2027. The payment plan and amount already paid were not supplied. Buyers should confirm the completion date, outstanding instalments and OMNIYAT's transfer requirements against the SPA.

Location and Connectivity

Marasi Bay sits on the Dubai Water Canal within Business Bay, close to Downtown Dubai and Burj Khalifa, with access to Sheikh Zayed Road and Al Khail Road. Journey times depend on traffic and the route taken.

Verification Notes

• Agent-supplied facts: project, developer, community, property type, bedrooms, size, view, handover date, original price figure and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per square foot.
• External project research: operator, architects, residence mix, amenities and project completion target from OMNIYAT's official page.
• Not yet verified: whether the original figure includes DLD, floor, SPA and payment status.