CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C

Velos Residence

Under Construction · Due Q4 2028|413 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Velos Residence is an under-construction apartment development by CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C in Motor City, Al Hebiah First, comprising 413 registered units. 100 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,046 per sqft. At AED 2,046 per sqft, Velos Residence prices 22% above the Motor City average of AED 1,675 per sqft on registered sales.

PIX© price

1.28MAED

Typical

2,046AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

100

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationMotor City in Al Hebiah First

Drive times · typical

Downtown Dubai19 min · 19.4 km

DXB Airport23 min · 33.2 km

DIFC23 min · 23.4 km

Dubai Marina18 min · 18.0 km

Palm Jumeirah20 min · 19.8 km

Nearest · straight-line

Metro stationInsuranceMarket9.1 km

MallFirst Avenue Mall - Motor City0.7 km

SchoolRaffles Early Childhood Centre Arabian Ranches0.5 km

HospitalFakeeh Medicentres - Motor city0.6 km

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Velos Residence2,046AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 341 – 2,107 sqft	413	1.28M	2,046	—
Residential
Studio · Apartment 341 – 488 sqft	144			—
1 Bed · Apartment 668 – 889 sqft	208			—
2 Bed · Apartment 985 – 1,228 sqft	56			—
Commercial
Shop 1,377 – 2,107 sqft	5			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide100 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
11 Aug 2026	Studio	Floor 14	361	832,000	2,306	—	Premium	Off-Plan Sale
21 May 2026	1 Bed	Floor 20	671	1,349,976	2,011	—	Premium	Off-Plan Sale
19 May 2026	1 Bed	Floor 5	702	1,249,050	1,779	—	Entry Level	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Velos Residence

Compared with

Sobha Orbis

PIX© PSF

2,073

Rank

#3 of 9

#2 of 9

Typical price

1.37M

Yield

—

Units

413

3,002

Sales

100

2,924

Rents

—

Developer

CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C

SOBHA L.L.C

Handover

Due 2028

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sobha Solis SOBHA L.L.C · Due 2028 · Off-plan pricing	2,351					2,140	—
	Sobha Orbis SOBHA L.L.C · Due 2028 · Off-plan pricing	3,002					2,924	—
3	Velos Residence CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	413	2,073	Subject	1.37M	—	100	—
	Takaya TAKAYA REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	822					462	—
	15 Cascade IMAN DEVELOPERS L.L.C · Due 2028 · Off-plan pricing	442					417	—
	Sierra By Iman IMAN DEVELOPERS L.L.C · Due 2029 · Off-plan pricing	598					512	—
	Ananda Residences TIGER PROPERTIES · Due 2028 · Off-plan pricing	1,027					271	—
	Beverly Grande H M B HOMES REAL ESTATE DEVELOPMENT · Due 2027 · Off-plan pricing	296					144	—
	The Community Motor City Aqua Properties FZ -LLC · Due 2025 · Off-plan pricing	433					476	—

Community median 1,986 AED/sqft. All 8 qualifying community peers shown. 4 community projects excluded for insufficient recorded sales. 8 excluded for trading only in the ready market. 2 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Motor City

The closest-priced registered projects in Motor City.

Sobha SolisAED 2,025/sqft
Capital OneAED 2,128/sqft
Green Community Motor City, Phase 2 - Casa FamiliaAED 1,953/sqft
Sobha OrbisAED 1,924/sqft
TakayaAED 1,832/sqft
MonarchAED 1,743/sqft

Common questions about Velos Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Velos Residence cost?

Property in Velos Residence sells at a current PIX© price of AED 2,046 per sqft, or about AED 1,277,815 for a typical unit, based on 100 sales registered with the Dubai Land Department.

When is Velos Residence handing over?

Velos Residence is under construction, due q4 2028.

Who is the developer of Velos Residence?

Velos Residence is developed by CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Velos Residence?

Velos Residence holds 413 registered units, per the Dubai Land Department unit register.