Official imagery, floor plans and the full brochure for Velos Residence are available on request. We publish only developer-supplied media we are licensed to use.
Request the brochure and floor plansThe project
About Velos Residence
Velos Residence is a residential tower by CITYVIEW Developments in Motor City.
Launch pricing was around AED 805,777, with listings now ranging from about AED 769K to AED 1.2M.
Handover is scheduled for Q2 2028.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Velos Residence key facts
- Developer
- CITYVIEW Developments
- Community
- Motor City
- Status
- Under construction
- Handover
- Q2 2028
- Starting price
- AED 806K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Velos Residence
- 01
Shortlist and reserve
Choose a unit type and view at Velos Residence and secure it with the booking deposit.
- 02
Sign the SPA
CITYVIEW Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q2 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Motor City lifestyle amenities
- Earlier delivery than neighbouring launches
What to weigh
- Some listings blur Velos with the developer's Mövenpick project
- Payment plan not stated in search results
FAQ
Velos Residence — frequently asked questions
What is the starting price of Velos Residence?
Published pricing at Velos Residence starts from AED 806K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Velos Residence?
Velos Residence is scheduled for handover in Q2 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Velos Residence?
Velos Residence is developed by CITYVIEW Developments in Motor City, Dubai.
What unit types are available at Velos Residence?
Velos Residence offers Studio, 1 Bedroom, 2 Bedroom.
Where is Velos Residence located?
Velos Residence is in Motor City, Dubai.
Can foreigners buy at Velos Residence?
Yes. Motor City is a freehold area, so buyers of any nationality can own property at Velos Residence outright.
Does buying at Velos Residence qualify for the UAE Golden Visa?
The entry price of AED 806K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Velos Residence?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 32K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Velos Residence?
MRK Real Estate advises on primary purchases and resales at Velos Residence. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with CITYVIEW Developments before any transaction.
