What is the rental yield in Vela By Omniyat?

No gross yield is published for Vela By Omniyat as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 2 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.5% gross.

How much does a 3 bedroom in Vela By Omniyat cost?

The median registered sale price is AED 34.71M (6,743 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How many apartments change hands in Vela By Omniyat?

2 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Which metro station is closest to Vela By Omniyat?

Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Vela By Omniyat

Under construction · 12% built
35 floors
7 lifts
130 parking bays
1 pool

A 3 bed in Vela By Omniyat costs a median AED 34.71M.

Satellite view of the Vela By Omniyat plot, Business Bay, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the VELA by OMNIYAT pin · Apple Maps

Satellite view of the Business Bay district around Vela By Omniyat, with roads and landmarks named. Apple Maps.

Street map around Vela By Omniyat, Business Bay, centred on its registered pin. Apple Maps.

3 bed · typical price

34.71MAED

AED 6,743/sqft

vs Business Bay: 181% above the median

Cost to buy, all inAED 36.84M

Price: AED 34.71M
DLD fee 4%: AED 1.39M
Agent 2% + VAT: AED 729,005
Trustee: AED 4,200

Create client report

Ask about Vela By Omniyat →

Is Vela By Omniyat a good investment?Lots of new supply is coming; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Is it easy to let?None of the 38 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
How fast do fees pay back?AED 2.12M in fees to buy a 3 bed: DLD 4%, agent 2% plus VAT, trusteeAED 2.12M
Can I sell easily?3 sales in 12 months, 8% of the tower (1 the year before)3Fair
Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
Did earlier buyers gain?Launch buyers still 0% down, before fees-0.3%Context

Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Vela By Omniyat prices and rents by unit typeA three-bed costs about AED 34.71M

Type	Median price	Gross yield	New rent	12-month change	Sales
3 bed23 units · 6,047 sqft	AED 34.71M6,743/sqft		not yet let	not yet let	under 5 sales in a year	2
4+ bed15 units · 7,373 sqft	AED 60.73M8,236/sqft		not yet let	not yet let	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Business Bay · area median AED 2,403/sqft

vs area median: +180.6%

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Thin sample — 2 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 3 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 6,769 · before fees

Launch, 2023–26: 6,789; 0%; 22 sales
3 years ago: 6,761; 0%; 6 sales
Previous 12 months: 6,845; −1%; 1 sale
Last 12 months: 6,769; today; 3 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Vela By Omniyat places 2nd of 150; the nearest 5 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
1	Bugatti Residences by Binghatti20% · Q4 2025 · off-plan 5,195/sqft	AED 28.20M	6,972+3.0%	—	+58.7%	36
2	Vela By Omniyat · this building12% · off-plan 6,789/sqft	AED 40.62M	6,769	—	—	3
3	Dorchester Collection DubaiCompleted 2022 · off-plan 4,014/sqft	AED 29.25M	6,580-2.8%	—	—	4
4	Vela Viento by Omniyat9% · Q2 2027 · off-plan 6,143/sqft	AED 23.52M	6,069-10.3%	—	-1.6%	11
5	The One HotelCompleted 2019 · off-plan 4,353/sqft	AED 1.52M	4,549-32.8%	—	+1.7%	18
6	Sobha SkyParksoff-plan 4,250/sqft	AED 3.61M	4,250-37.2%	—	—	83

Rank 1 is the dearest per square foot. Differences are against Vela By Omniyat (AED 6,769/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 3 bed, Vela By Omniyat has registered sale prices 181% above the Business Bay median price per square foot of 2,403 AED, across 49 eligible buildings.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for Vela By Omniyat

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Vela By Omniyat

Vela By Omniyat is an under-construction (12% built) apartment building in Business Bay. 26 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 35
Lifts: 7
Parking bays: 130
Pools: 1

Drive times · typical

Downtown: 11 min · 3.5 km
DXB Airport: 13 min · 13 km
DIFC: 8 min · 6.3 km
Dubai Marina: 20 min · 22 km
Palm Jumeirah: 26 min · 27 km

Nearest, as registered

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Vela By Omniyat: AED 6,769 per sq ft, 231% above the median Business Bay building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Vela By OmniyatAED 6,769
Business Bay, readyAED 1,869
Business Bay, off-planAED 2,685
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Business Bay, by handover quarter

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Vela By Omniyat, on the map

Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Vela By Omniyat is the inverted pinOpen in Apple Maps

Peninsula Four

Business Bay · 215 sales, 12 months

2.04M

AED, resale median · 2,517/sqft

Al Habtoor Tower

Business Bay · 205 sales, 12 months

3.44M

AED, resale median · 2,733/sqft

Peninsula Three

Business Bay · 164 sales, 12 months

1.74M

AED, resale median · 2,656/sqft

Regalia By Deyaar

Business Bay · 105 sales, 12 months

1.28M

AED, resale median · 1,782/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 3 bed
2 registered sales in 12 months; thin, a single deal moves the median
Read with care
Rental evidence · 3 bed
No Ejari contract registered: not yet let
Read with care
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
Not on record
Project register
VELA by OMNIYAT: not recorded complete, 11.62% built · register data to 2026-07-06
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a 3 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Vela By Omniyat’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: —; 4.5% over 25 years
Monthly rent: —
Cash needed at purchase: —

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about Vela By Omniyat

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

Common questions

What is the rental yield in Vela By Omniyat?: No gross yield is published for Vela By Omniyat as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 2 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.5% gross.
How much does a 3 bedroom in Vela By Omniyat cost?: The median registered sale price is AED 34.71M (6,743 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How many apartments change hands in Vela By Omniyat?: 2 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Vela By Omniyat?: Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

For agents

Send this page to a client as a branded report

Create client report

Vela By Omniyat sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 2 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /sale/apartments/dubai/business-bay/vela-by-omniyat
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Vela By Omniyat sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/vela-by-omniyat

Stable dataJSON