Velos Residence
- Under construction · 0% built · handover Q4 2028
- 35 floors
- 7 lifts
- 445 parking bays
- 2 pools
A 1 bed in Velos Residence costs a median AED 1.28M and rents long-let for AED 65,001/yr (5.1% gross).
1 bed · typical price
1.28MAED
AED 1,831/sqft · -4.3% on a year
- Rent a year
- AED 65,001
- Gross yield
- 5.1%
- vs Motor City
- 50% above the median
Cost to buy, all inAED 1.37M
- Price
- AED 1.28M
- DLD fee 4%
- AED 51,368
- Agent 2% + VAT
- AED 26,968
- Trustee
- AED 4,200
Fees repaid by rent15 months
Is Velos Residence a good investment?Easy to sell; rents and prices are slipping, the rent pays below the Dubai median, few units are let and lots of new supply is coming
- Does it pay a good rent?5.1% gross, before the service charge (not on file) (Dubai median 6.8%)5.1%Watch
- Is it easy to let?38 yearly leases, new and renewed, across 408 units in 12 months9%Watch
- Are rents going up?New 1 bed leases: AED 75,000 a year ago, AED 65,001 now-13.3%Watch
- Are prices going up?1 bed: AED 1,914/sqft a year ago, 1,831 now-4.3%Watch
- How fast do fees pay back?AED 82,536 in fees to buy a 1 bed; rent covers it in 1.3 years1.3 yrs
- Can I sell easily?94 sales in 12 months, 23% of the tower (10 the year before)94Strength
- Is a lot being built nearby?8,216 apartments are planned in Motor City from 2026 to 2028, equal to 4.6 times the 1,767 homes let there today. A further 414 are past their planned date. Motor City supply by year →465%Watch
- Did earlier buyers gain?Up 1% for launch buyers, before fees+1.2%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Velos Residence prices and rents by unit typeA one-bed costs about AED 1.28M and rents for about AED 65,001 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Motor City · area median AED 1,221/sqft
- 12-month change
- -4.3%
- vs area median
- +50.0%
- Rank by price per sqft
- 16th of 48
Rental income
1 bed · Motor City
- Gross yield
- 5.1%
- Median new rent
- AED 65,001/yr
- Yield vs area median
- -1.5 pts
- Yield vs Dubai (6.8%)
- -1.7 pts
- Renewal rent
- AED 62,553/yr
- New tenants pay vs sitting (9 renewals)
- +3.9%
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: 2025, AED 1,329,777; latest, 2026, AED 1,279,000; peak, 2025, AED 1,329,777.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,044 · before fees
- Launch, 2025–26
- 2,020
- +1%
- 104 sales
- Previous 12 months
- 1,939
- +5%
- 10 sales
- Last 12 months
- 2,044
- today
- 94 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 Motor City
Every Motor City building with a page, ranked by price per sqft over the same 12 months, all unit types. Velos Residence places 2nd of 65; the nearest 5 are shown.
Rank 1 is the dearest per square foot. Differences are against Velos Residence (AED 2,044/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Velos Residence has registered sale prices 50% above the Motor City median price per square foot of 1,221 AED, across 48 eligible buildings. It ranks 16th of 48 by price per square foot in Motor City.
Market context in Motor City
Registered sales activity
754 ready apartment sales in the 12 months to 2026-10-12.
+11.1% in median AED/sqft versus the preceding year, supported by 754 current and 991 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
8,216 apartments are planned in Motor City from 2026 to 2028, equal to 4.6 times the 1,767 homes let there today.
Ready prices per sqft fell in 35% of 23 buildings (counted once per bedroom type) in Motor City with sales in both years; the typical one moved +5.1%.
The pooled median moved +11.1%: 6.1 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 55% of 11 buildings (counted once per bedroom type) with leases in both years; the typical one moved −2.0%.
How these are countedDirect 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 Velos Residence
Velos Residence is an under-construction (0% built) apartment building in Motor City. 104 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 35
- Lifts
- 7
- Parking bays
- 445
- Pools
- 2
Drive times · typical
- Downtown
- 21 min · 21 km
- DXB Airport
- 23 min · 30 km
- DIFC
- 19 min · 25 km
- Dubai Marina
- 18 min · 17 km
- Palm Jumeirah
- 24 min · 22 km
Nearest, as registered
- Metro
- Sharaf Dg Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Motor City
Velos Residence: AED 2,044 per sq ft, 93% above the median Motor City building, and a 5.3% gross yield, in the bottom tenth of the area
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
- Velos ResidenceAED 2,044
- Motor City, readyAED 1,004
- Motor City, off-planAED 1,880
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Velos ResidenceMotor City median building
- Motor City5.3% vs 6.5%
Nearby in Motor City
Prices per sq ft around Velos Residence, on the mapPrices per sq ft around Velos Residence, on the map
Sierra by Iman
Motor City · 535 sales, 12 months
1.31M
AED, resale median · 1,680/sqft
15 Cascade
Motor City · 153 sales, 12 months
1.56M
AED, resale median · 1,867/sqft
Beverly Grande By HMB Homes
Motor City · 144 sales, 12 months
1.15M
AED, resale median · 1,556/sqft
Eden Apartments
Motor City · 103 sales, 12 months
1.15M
AED, resale median · 890/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Velos Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
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
- 5,710AED
- 4.5% over 25 years
- Monthly rent
- 5,417AED
- AED 65,001 a year
- Cash needed at purchase
- 355,216AED
- 20% down plus AED 98,378 in fees
Owning costs AED 203,603 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
Ask about Velos Residence
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 Velos Residence?
- Velos Residence returns 5.1% gross: a median new-contract rent of AED 65,001 a year (23 Ejari contracts in 12 months) over a price benchmark of AED 1.28M (median of 42 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Velos Residence cost?
- The median registered sale price is AED 1.28M (1,831 AED/sqft), from 42 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Velos Residence risen or fallen?
- Median price per square foot moved -4.3% over the last 12 months against the 12 before it, on 42 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Velos Residence compare with Motor City?
- Its 5.1% gross yield sits -1.5 pts against the Motor City median of 6.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in Velos Residence?
- The median new annual rent is AED 65,001, from 23 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
Send this page to a client as a branded report
Velos Residence sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 42 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/motor-city/velos-residence
Cite as: Dubai Wealth Index. “Velos Residence sale prices and yield.” Motor City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/motor-city/velos-residence
Stable dataJSON