Gallery
Imagery courtesy of Omniyat.
The project
About VELA, Dorchester Collection
VELA is Omniyat’s Marasi Bay Dorchester Collection tower — 30 storeys designed by Foster + Partners with interiors by Gilles & Boissier, completing Q4 2027.
The unit mix is unusual: Marina Residences, Sky Residences, Penthouses and a Sky Palace, in simplex and duplex formats. Sizes start at 4,253 sq ft, which means there is no small stock in the building at all — every home is a large-format residence.
Marasi Bay is Omniyat’s own waterfront district on the Dubai Canal, so the surrounding environment is developer-controlled rather than dependent on a wider masterplan. For buyers at this level that consistency of quality across the district matters as much as the building itself.
At a glance
VELA, Dorchester Collection key facts
- Developer
- Omniyat
- Community
- Marasi Bay
- Status
- Under construction
- Handover
- Q4 2027
- Starting price
- On request
- Unit types
- Marina Residence, Sky Residence, Penthouse, Sky Palace
- Ownership
- Freehold — open to all nationalities
Process
How to buy at VELA, Dorchester Collection
- 01
Shortlist and reserve
Choose a unit type and view at VELA, Dorchester Collection and secure it with the booking deposit.
- 02
Sign the SPA
Omniyat 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 Q4 2027), the final payment is made, a snagging inspection takes place and the title deed is issued.
The masterplan
Inside Marasi Bay
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
- Architecture by Foster + Partners
- Interiors by Gilles & Boissier
- 30 storeys on the Dubai Canal at Marasi Bay
- All residences 4,253 sq ft and above
- Dorchester Collection branded service
What to weigh
- No small-format stock — entry sizes are large and priced accordingly
- Q4 2027 completion means a multi-year hold
- Branded-residence service charges run high
Who this suits
- UHNW buyers wanting canal-front branded residences
- Those who value a developer-controlled district
- Buyers seeking large-format homes with no compact stock
FAQ
VELA, Dorchester Collection — frequently asked questions
What is the starting price of VELA, Dorchester Collection?
Pricing for VELA, Dorchester Collection has not been publicly published. Contact MRK Real Estate for the current price list.
When is the handover of VELA, Dorchester Collection?
VELA, Dorchester Collection is scheduled for handover in Q4 2027. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of VELA, Dorchester Collection?
VELA, Dorchester Collection is developed by Omniyat in Marasi Bay, Dubai.
What unit types are available at VELA, Dorchester Collection?
VELA, Dorchester Collection offers Marina Residence, Sky Residence, Penthouse, Sky Palace.
Where is VELA, Dorchester Collection located?
VELA, Dorchester Collection is in Marasi Bay, Dubai.
Can foreigners buy at VELA, Dorchester Collection?
Yes. Marasi Bay is a freehold area, so buyers of any nationality can own property at VELA, Dorchester Collection outright.
How do I buy or sell at VELA, Dorchester Collection?
MRK Real Estate advises on primary purchases and resales at VELA, Dorchester Collection. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-08-21. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Omniyat before any transaction.
