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    4 Bedroom Apartment for sale at Vela
    DAMAC Towers by Paramount, Business Bay,Dubai
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    Sale Price
    $16,300,000
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    4 Bedroom Apartment for sale at Vela
     (Write Review)
    Unit ID: U1696438
    DAMAC Towers by Paramount, Business Bay,Dubai
    $16,300,000
    4 Bedrooms
    4
    Bathrooms
    7,373 Sqft
    Size
    Oct 2026
    Off Plan
    6
    Sale Price
    $16,300,000

    About This Apartment

    This property is a 7,373 Sqft apartment with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in DAMAC Towers by Paramount, Dubai and it is scheduled for completion in Oct 2026. You can buy this apartment for a base price of $16,300,000 ($2,220/Sqft).

    Features

    Private LiftPrivate Lift Private PoolPrivate Pool TerraceTerrace Maids QuartersMaids Quarters

    Basic Information

    Date Listed Nov 23, 2023
    Updated 11 months ago
    Property Type Apartment
    Floor N/A
    Bedrooms 4
    Size 7,373 Sqft
    Price per Sqft $2,220
    Pets N/A
    Apartment Ownership
    Foreign Quota
    Furniture
    Unfurnished
    View(s) Marina View, Burj Khalifa View
    Unit Type 4BR (Marina Residences)
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    N/A
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1696438

    Investment Opportunity: Charges & Yield

    Sale Price
    $16,300,000

    Project Details

    Project Name: Vela
    Developer: Omniyat
    Construction: Off Plan (Oct 2026)
    Floors: 30
    Buildings: 1
    Units: 38
    Project Area: N/A
    Nearest Landmark Burj Khalifa/Dubai Mall - 1.4 Km
    Location: DAMAC Towers by Paramount, Dubai
    Vela Project Details

    Project Features

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

    Popular Facilities at Vela

    • All
    • Leisure
    3
    • Communal Pool
      1st Floor

    Available Units at Vela

    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Vela
    View All (4)

    Loan Calculator

    Payment Plan

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

    Frequently Asked Questions

    Burj Khalifa/Dubai Mall is the nearest Metro Station from Vela and it is 1.4 km away.

    After you have found the right property, you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


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


    Read more here

     

    This has become a popular option recently. We have online immersive tours of many properties, so you can see all the properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend a lawyer to manage the entire transfer of the property into your name without you physically being here.

    Dubai have different visa entry points for homebuyers from different countries.

    Reviews

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    Dubai
    DAMAC Towers by Paramount

    Neighborhood Overview

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