CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C

Velos Residence

Under Construction · Date not reported|413 units · 1 tower

Velos Residence is an under-construction community by CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C in Motor City, comprising 413 registered units. 105 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,002 per sqft. At AED 2,002 per sqft, Velos Residence prices 6% below the Motor City median of AED 2,125 per sqft on registered sales.

PIX© price

1.25MAED

Typical

2,002AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

105

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationMotor City

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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Exclusive to PropertyIndex©

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.

Floor

Units on floor 2

…

Select a unit to read its record.

Velos Residence2,002AED/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	1.25M	2,002	-
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-Wide105 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	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Sep 2026	1 Bed	Floor 4	702	1,222,000	1,740	-	Entry Level	Off-Plan Sale
8 Sep 2026	1 Bed	Floor 4	669	1,137,000	1,699	-	Entry Level	Off-Plan Sale
8 Sep 2026	Studio	Floor 4	357	791,010	2,213	-	Standard	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 Tower C

PIX© PSF

2,037

Rank

#14 of 25

#13 of 25

Typical price

1.35M

Yield

—

Units

413

186

Sales

105

185

Rents

—

Developer

CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C

SOBHA REALTY

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sobha Orbis Tower B SOBHA REALTY · U/C · Off-plan pricing	646					636	—
	Sobha Orbis Tower D SOBHA REALTY · U/C · Off-plan pricing	239					237	—
	Sobha Orbis Tower G SOBHA REALTY · U/C · Off-plan pricing	224					220	—
	Sobha Orbis Tower F SOBHA REALTY · U/C · Off-plan pricing	242					239	—
	Sobha Orbis Tower C SOBHA REALTY · U/C · Off-plan pricing	186					185	—
14	Velos Residence CITY VIEW URBAN REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	413	2,037	Subject	1.35M	—	105	—
	Takaya UNION PROPERTIES (P.J.S.C) · U/C · Off-plan pricing	822					480	—
	15 Cascade IMAN DEVELOPERS L.L.C · U/C · Off-plan pricing	442					418	—
	Mirdad MIRDAD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	1,114					134	—
	Mirdad 1 MIRDAD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	238					127	—
	Motor City NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C · Completed · Off-plan pricing	18,288					8,539	12,975

Community median 2,125 AED/sqft. Showing the closest-ranked peers of 25 ranked projects in the community. 4 community projects excluded for insufficient recorded sales. 4 excluded for trading only in the ready market. 3 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.

15 CascadeAED 2,000/sqft
TakayaAED 2,016/sqft
MirdadAED 1,962/sqft
Mirdad 1AED 1,956/sqft
Motor CityAED 1,908/sqft
Sobha Orbis Tower CAED 2,125/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 2,002 per sqft, or about AED 1,253,762 for a typical unit, based on 105 sales registered with the Dubai Land Department.

When is Velos Residence handing over?

Velos Residence is under construction in the Dubai Land Department project register. No handover date is on record.

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.