The Vela Dorchester Collection
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Ask ClaudeThe Vela Dorchester Collection is an under-construction development by DOWNTOWN CREEK REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 39 registered units. 26 sales are registered with the Dubai Land Department, at a current PIX© price of AED 7,316 per sqft. At AED 7,316 per sqft, The Vela Dorchester Collection prices 170% above the Business Bay median of AED 2,712 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
3 Bed on Floor 9, The Vela Dorchester Collection
- Size
- Record
- Jan 2024 to Apr 2026
- Owners
- 2
- Tenants
- 0
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 2Owner 2 | 7 Apr 2026 | 5 mo | Current owner | |||
| 1Owner 1 | 25 Jan 2024 | 2.2 yrs |
Your nightly rate and occupancy, against this unit’s registered record.
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 | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 684 - 22,992 sqft | 39 | 40.95M | 7,316 | ↑7.2% | |
| Residential | |||||
3 Bed · Apartment 4,253 - 6,361 sqft | 23 | ||||
4 Bed · Apartment 7,264 - 11,727 sqft | 14 | - | |||
5 Bed · Apartment 22,992 sqft | 1 | - | - | - | - |
| Commercial | |||||
Shop 684 sqft | 1 | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 27 Apr 2026 | 4 Bed | The Vela Dorchester Collection · Floor 9 | 7,373 | 60,730,110 | 8,236 | - | Standard | Off-Plan Sale | |
| 7 Apr 2026 | 3 Bed | The Vela Dorchester Collection · Floor 9 | 4,257 | 28,813,500 | 6,769 | 0.0% | Standard | Off-Plan Sale | |
| 5 Feb 2026 | 3 Bed | The Vela Dorchester Collection · Floor 10 | 6,047 | 40,615,452 | 6,717 | - | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Vela Viento By OmniyatAED 6,848/sqft
- Bugatti Residences By BinghattiAED 6,801/sqft
- Burj Binghatti Jacob & CoAED 4,703/sqft
- One By BinghattiAED 4,669/sqft
- Sobha SkyparksAED 4,598/sqft
Common questions about The Vela Dorchester Collection
Answered from Dubai Land Department registered transactions.
How much does a property in The Vela Dorchester Collection cost?
Property in The Vela Dorchester Collection sells at a current PIX© price of AED 7,316 per sqft, or about AED 40,948,691 for a typical unit, based on 26 sales registered with the Dubai Land Department.
When is The Vela Dorchester Collection handing over?
The Vela Dorchester Collection is under construction in the Dubai Land Department project register. No handover date is on record.
Who is the developer of The Vela Dorchester Collection?
The Vela Dorchester Collection is developed by DOWNTOWN CREEK REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in The Vela Dorchester Collection?
The Vela Dorchester Collection holds 39 registered units, per the Dubai Land Department unit register.
Have prices in The Vela Dorchester Collection gone up or down?
Price per sqft has risen +7.2% over the last 12 months, to AED 7,316, across 26 registered sales.