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. 111 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,020 per sqft. At AED 2,020 per sqft, Velos Residence prices 5% below the Motor City median of AED 2,124 per sqft on registered sales.

PIX© price · ↓1.4% YoY

1.27MAED

Typical

2,020AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

111

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationMotor City

Drive times · typical

Downtown Dubai19 min · 19.6 km

DXB Airport24 min · 33.3 km

DIFC24 min · 23.6 km

Dubai Marina18 min · 18.2 km

Palm Jumeirah21 min · 19.9 km

Nearby · straight-line

Metro stationInsuranceMarket9.1 km

MallCity Centre Al Barsha2.1 km

SchoolGEMS Metropole School Motor City1.1 km

HospitalMediclinic Parkview1.6 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 Residence2,020AED/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	1.27M	2,020	↓1.4%
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-Wide111 DLD records

PIX© price analysis

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 No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Oct 2026		Studio	Floor 14	364	843,480	2,320	-	Premium	Off-Plan Sale
28 Oct 2026		Studio	Floor 9	357	802,620	2,246	-	Standard	Off-Plan Sale
1 Oct 2026	—	1 Bed	Floor 30	702	1,292,700	1,841	-	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

Location data © OpenStreetMap contributors

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

2,061

Rank

#14 of 25

#13 of 25

Typical price

1.36M

Yield

—

Units

413

186

Sales

111

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 E SOBHA REALTY · U/C · Off-plan pricing	811					771	—
	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					221	—
	Sobha Solis Tower A SOBHA REALTY · U/C · Off-plan pricing	793					738	—
	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	2,061	Subject	1.36M	—	111	—
	Takaya UNION PROPERTIES (P.J.S.C) · U/C · Off-plan pricing	822					482	—
	15 Cascade IMAN DEVELOPERS L.L.C · U/C · Off-plan pricing	442					419	—
	Mirdad MIRDAD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	1,114					142	—
	Mirdad 1 MIRDAD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	238					132	—
	Motor City NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C · Completed · Off-plan pricing	18,283					8,937	12,943

Community median 2,124 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.

TakayaAED 2,015/sqft
15 CascadeAED 1,993/sqft
MirdadAED 1,973/sqft
Mirdad 1AED 1,938/sqft
Sobha Orbis Tower CAED 2,124/sqft
Sobha Solis Tower AAED 2,153/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 2,020 per sqft, or about AED 1,270,707 for a typical unit, based on 111 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.

Have prices in Velos Residence gone up or down?

Price per sqft has fallen -1.4% over the last 12 months, to AED 2,020, across 111 registered sales.