Vela

DAMAC Towers by Paramount, Business Bay, Dubai
Oct 2026 Off Plan
30 Floors
1 Building
38 Units

Vela in DAMAC Towers by Paramount, Dubai

Vela is a condo and apartment project located in DAMAC Towers by Paramount, Dubai and it is scheduled for completion in Oct 2026. It has 38 units across 30 floors and was developed by Omniyat, who is also behind Anwa Aria, Orla by Omniyat and AVA at Palm Jumeirah By Omniyat.

Features & Amenities

  • Communal Pool
    1st Floor

Facilities

Leisure
Communal Pool
Clubhouse
Communal Garden Area
Fitness
Communal Gym
Convenience
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Payment Plan

Payment Plan
Installment Milestone Payment
Down Payment
Immediately
5%
1st to 6th Installment
During Construction
55%
7th Installment
On completion
40%

About the Developer - Omniyat

All Omniyat Projects
12 Projects 2,335 Units

Omniyat is a sophisticated and savvy real estate investment, development and management company with a track record of identifying opportunities to create superior value and solid returns via a portfolio of residential, commercial, leisure and retail properties. We are headquartered and have a strong presence in Dubai – one of the world’s most dynamic and diverse property markets – but we also pursue opportunities in the wider Middle East and beyond. We focus on creating iconic property experiences that answer our customers’ unmet and unarticulated requirements through projects imbued with an artistic sensibility, both inside and out.