Vela Dorchester Collection

Vela Dorchester Collection occupies a waterfront position on Marasi Bay in Business Bay, developed by Omniyat and managed under the Dorchester Collection brand. The building comprises five ultra-large residences across a single tower, with handover scheduled for Q4 2026.

# The tower and its position on Marasi Bay

Designed by Foster + Partners, the building draws its form from the curvature of the waterfront rather than imposing against it. The architecture is characterised by fluid lines and a glazed envelope that responds to the bay's surface, shifting through the day as light and reflection change. Interiors are the work of Parisian duo Gilles & Boissier, whose previous collaboration with Omniyat on The Lana Residences nearby established the visual language carried through here: a palette that reads as composed and restrained rather than demonstrative.

At 28.76 per cent construction progress, the tower is active on site with completion targeted in the final quarter of 2026.

The project sits within the broader Omniyat vision for Marasi Bay as a consolidated ultra-luxury address, adjacent to The Lana Hotel. That proximity is architectural context as much as amenity.

# Residences, layouts and specification

Five residences in total. The configuration runs from three-bedroom to four-bedroom formats, with floor areas from 6,361 sq ft to 7,373 sq ft. These are not conventional apartments measured in hundreds of square feet; the smallest unit here exceeds most townhouses in comparable markets.

Three-bedroom residences are priced at AED 43,330,140. Four-bedroom units range from AED 63,492,975 to AED 65,720,025, depending on position and configuration.

# Finish and furnishing

Residences are delivered semi-furnished to Gilles & Boissier specification, with fully equipped kitchens included. Floor-to-ceiling glazing runs throughout the principal living areas, framing views across Marasi Bay toward the Burj Khalifa and the Downtown skyline. The service charge is set at AED 45 per sq ft annually.

# Amenities within the building and beyond

The building's own amenity programme is calibrated for a small number of residents. An infinity lap pool and wraparound pools sit alongside a triple-height gym, cinema room, private spa suite and salon. A children's play area and meeting rooms are also included within the tower.

Beyond the building, residents hold access to The Lana Hotel's amenities and to the beach club at One at Palm Jumeirah. For a Business Bay address, the Palm access is a meaningful addition, extending what is otherwise a dense urban district into something with genuine beach access.

# Central Dubai: distances and connectivity

Downtown Dubai is 1.6 km away. Dubai Mall, accessed via the Chinatown entrance, sits at 3.5 km. South Ridge Park is reachable within 1.8 km, and Kids Castle Nursery in Downtown is 400 metres from the building. Dubai International Airport is 12.9 km, manageable in most traffic conditions via Sheikh Zayed Road or Al Khail Road. Mercato Beach on Jumeirah is 6.2 km for those who prefer the open coast over the Palm's structured environment.

# Who this building suits, and what it represents in the Dubai market

Vela does not attempt to appeal broadly. Five residences, each above 6,000 sq ft, managed by Dorchester Collection, at prices between AED 43 million and AED 66 million: the pool of prospective buyers is narrow by design. The target is the buyer who wants managed hotel-style ownership at a scale that genuinely competes with a private residence, without the operational complexity of standalone property.

For international buyers from London, Geneva, Riyadh or Singapore who are already familiar with Dorchester Collection as a hospitality brand, the proposition carries recognisable weight. Omniyat's track record with The Lana, directly adjacent, provides the nearest comparable. That project is largely absorbed. Vela is the logical continuation of the same address for those who missed the earlier window or require the larger formats now on offer.