Urgent Sale | 17.4% Below OP | 2 BR in Vela Viento

Overview of the deal

An owner at Vela Viento Dorchester Collection by Omniyat in Marasi Bay, Business Bay, is selling a two-bedroom apartment before handover for AED 16,300,000, about 17.4% below the original price plus the 4% Dubai Land Department fee. Handover is expected in May 2027.

The unit is still under construction, so you pay a set amount on transfer and take over the remaining developer payments. In Dubai real estate, a price like this usually appears when an owner needs to exit before completion. Few properties for sale in Dubai at this level list below the original cost.

The unit

At 2,852 sq ft, this is a large two-bedroom layout with a private balcony facing Burj Khalifa and the canal.

• Type: two-bedroom apartment

• Size: 2,852 sq ft

• Floor: between 10 and 15

• Views: Burj Khalifa and the canal

• Private balcony

• Expected handover: May 2027

Against any 2 bedroom apartment Dubai developers will deliver in 2027, weigh the floor area and the view against the price.

The building and community

Vela Viento Dorchester Collection is an Omniyat building on Marasi Bay in Business Bay. Omniyat is the developer behind The Opus by Zaha Hadid, One at Palm Jumeirah, ORLA and VELA; buyers who follow Omniyat projects will know its focus on design. Among Business Bay apartments, a Marasi Bay address with a Burj Khalifa outlook stands out.

For buyers focused on waterfront properties Dubai has along the canal, the setting is the main draw. The amenities list is not confirmed for this listing, so ask us for the developer's brochure.

Price, discount and payment position

The original price plus the 4% DLD fee was AED 19,727,430. The asking price is AED 16,300,000, a difference of AED 3,427,430, or about 17.4%. On transfer, the buyer pays:

• Payment to the seller: AED 6,236,415

• DLD transfer fee (4% of the original price plus AED 40): AED 758,787

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 342,300

That comes to AED 7,342,752 on transfer. The remaining developer balance is AED 10,063,585:

• October 2026: AED 914,871 (due this month)

• On completion: AED 9,148,714

The total cost for the buyer is AED 17,406,337. As October 2026 is the current month, we confirm with the seller whether that instalment is paid.

Why this deal and for whom

Most of the remaining balance, AED 9,148,714, is due on completion, so a large share of the cost waits until handover. Compared with a new payment plan Dubai developers offer at launch, you enter below the original price with about seven months to go.

It suits Dubai property investment buyers who want a short timeline, and end users who want a large home with a Burj Khalifa view. In the market for luxury apartments Dubai buyers follow, the headline figure is a discount of AED 3,427,430. Units in off-plan projects Dubai investors bought early often change hands this way.

What happens next

Urgent sales can be reserved or repriced quickly, so we confirm the price and payment status with the owner when you enquire. As your real estate agency Dubai contact for this resale, Mahboob Estate coordinates each step.

• Confirm availability and the current asking price.

• Verify with the seller whether the October 2026 instalment is paid.

• Sign the sale agreement; the developer's no-objection certificate is requested.

• Complete the transfer at a DLD trustee office, then pay the completion amount at handover.

FAQ

Quick answers on this unit.

Is the 17.4% discount guaranteed?

No. It compares the asking price with the original price plus DLD fee. It is not a valuation, and the price can change, so we confirm it when you enquire.

How much do I pay on transfer?

Based on the owner's figures, AED 7,342,752. Among apartments for sale in Dubai at this price, that upfront share is worth planning for early.

When is handover?

Expected in May 2027, when AED 9,148,714 falls due, with the final date set by the developer. If you want to buy property in Dubai with a short wait to completion, this is a close timeline.