Motor City · Off-plan · 26% of homes registered

Velos ResidenceWhat it sells for

1-bedrooms sell off-plan for about AED 1.28M, and about 158 of 208 are left.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 1.28Mfor a typical 1-bedroom, off-plan

From 38 off-plan sales in the last 12 months.

Homes leftAbout 301of 408 homes

Studios are the tightest, about 31% registered.

Built7%at the last DLD inspection

Inspected on 4 Aug 2026.

Planned endOct 2028from DLD

24 months from now, on DLD's record.

What brings you here?

Apartment type

Prices and rents at Velos Residence

How many homes are left in Velos Residence?

About 301 homes left of 408

Studios are the tightest, about 31% registered. 408 homes in 1 building of 35 floors.

Studio45 of 144 registered
1 bed50 of 208 registered
2 bed12 of 56 registered
RegisteredNot yet registeredEach square is 5 homes

How fast are they going?

4 homes a month

Registered over the last 3 months.

  • Studio1 a month
  • 1 bed2 a month
  • 2 bed1 a month

What are people paying right now?

AED 1,650AED 1,927AED 2,204AED 2,481Nov 25Jan 26Mar 26May 26Jul 26Sep 26Nov 26
Typical price per sq ftBar shows the middle half of dealsFewer dealsMore deals

Typical price per sq ft

AED 1,898

Across all home types, last 3 months.

Latest 3 deals

  • AED 1.27M1 bed · 671 sq ft · 2 Nov 2026
  • AED 843kStudio · 364 sq ft · 30 Oct 2026
  • AED 803kStudio · 357 sq ft · 28 Oct 2026

Investor intelligence

Most space for the money1-bed homesAED 1,763 per sq ft
Most rent for the price1-bed homesAbout 4.8% at rents in Motor City today
Most choice left1-bed homesAbout 158 left
Ready homes nearbyAED 650kStudio resale in Motor City, against AED 817k here
HomeTypical price, last 3 monthsSizePer sq ftRent nearby, a yearRent on price
StudioAED 817k359 sq ftAED 2,276None yetNot known
1 bedAED 1.24M702 sq ftAED 1,763AED 60k4.8%

How does the price compare with nearby off-plan projects?

  • MirdadAED 1,883
  • Velos ResidenceAED 1,898
  • TakayaAED 1,908
  • Sobha OrbisAED 1,980
  • Sobha SolisAED 2,015

Price per sq ft. Nearby projects use the last 12 months.

How far along is the building work?

7% built

At the DLD inspection on 4 Aug 2026. Planned end Oct 2028.

0%25%50%75%100%202620272028Even pace to the planned datePlanned end Oct 2028Today

Build intelligence

Is it on track?

24 months remain to the planned end date, with 93% of the building work still to do.

What did each inspection find?

4 Aug 20266.6% built+3.8 pts4 photos
27 Mar 20262.8% built+2.8 pts1 photo
2 Jul 20250.0% builtFirst visit2 photos

Who is building Velos Residence?

City View Urban Real Estate Development L.L.C logo

City View Urban Real Estate Development L.L.C

DLD lists City View Urban Real Estate Development L.L.C as the developer. Buyers' payments go to an escrow account at United Bank Limited.

1being built
0finished
0cancelled

Developer intelligence

How long does City View Urban Real Estate Development L.L.C take to build?

Active projects past their planned end0 of 1On DLD's latest dates

Where is Velos Residence?

10% above

the typical off-plan price per sq ft in Motor City, over the last 12 months.

Velos Residence against Motor City

  • Velos ResidenceOff-plan, 85 sales in 12 monthsAED 2,044 per sq ft
  • Motor CityOff-plan, 2,811 sales in 12 monthsAED 1,860 per sq ft

A 1-bedroom in Motor City

  • A typical 1-bedroom resells forAED 940k
  • New 1-bedroom leases sign forAED 60k a year
  • Rent as a share of the price6.4%

How busy it is

  • Sales in the last 12 months3,491
  • Off-plan share of sales81%

Still selling nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Motor City

Similar buildings

Sobha Solis

Sobha Solis

Motor City

Typical 1-bed
AED 1.1M off-plan
Sales, 12 months
406
Sobha Orbis

Sobha Orbis

Motor City

Typical 1-bed
AED 1.22M off-plan
Sales, 12 months
171
Takaya

Takaya

Motor City

Typical 1-bed
AED 1.56M off-plan
Sales, 12 months
140
Mirdad

Mirdad

Motor City

Typical 1-bed
AED 1.44M off-plan
Sales, 12 months
142

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 1-bedroom in Velos Residence?

About AED 1.28M off-plan, from 38 sales in the last 12 months. No resale price yet.

How many homes are left in Velos Residence?

About 301 of 408, going by sales registered with DLD.

How much of Velos Residence is built?

7% at the DLD inspection on 4 Aug 2026.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Velos Residence registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
Build progress and developer
Percent built, inspection dates and photos, the planned end date, the home count and the developer's project counts come from the project records of the Dubai Land Department. Homes left are the homes it lists for the project, minus the sales registered with it.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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