VELOR Tower by Ginco Properties in Business Bay, Dubai
Velor Tower Details
| Developer: Ginco Properties |
| Area: Business Bay |
| Starting Price: AED 8,250,000 |
| Down Payment: 10% |
| Payment Plan: 60/40 |
| Handover: Q4 - 2027 |
| Project Status: Off-Plan |
| Lifestyle: Luxurious Living |
Available Units
- Property Type:Penthouse
- Unit Type:4 & 5 Bedroom
- Sizes:2,999 to 6,017 Sq Ft
Overview
VELOR by Ginco Properties is a distinctive and ultra-luxurious development that redefines high-end living in Dubai. This 26-storey tower, featuring three podium levels and two basement floors, is situated in the elite Downtown district within Business Bay, just a short walk from Burj Khalifa and Dubai Mall. The project is brought to life by Ginco Properties, a subsidiary of a prominent construction group with over 45 years of industry expertise.
A Collection of Ultra-Luxury Penthouses
VELOR Tower offers an exceptionally rare selection — only 29 penthouses with 4 and 5-bedroom layouts. In a dynamic and high-density business hub, dedicating an entire skyscraper solely to penthouses is a bold and visionary concept. It caters to individuals who value prestige, seclusion, and unmatched exclusivity.
Contemporary Architecture and Refined Interiors
The architectural design of VELOR leans toward modern minimalism, featuring warm-toned glass and metal, sculpted façade elements with ambient lighting, floor-to-ceiling windows, and expansive terraces. Inside, the penthouses are airy and luminous, boasting 3.2-meter-high ceilings, premium finishes from Italy and Germany, top-tier branded appliances, and soft ambient lighting. Each unit is thoughtfully divided into entertainment and private living zones.
- The 4-bedroom units include a separate maid’s room.
- The 5-bedroom penthouses come with dual kitchens and two living rooms.
- Sizes range from 2,999 sqft (279 m²) to 6,017 sqft (559 m²), with panoramic views of the Dubai Canal, city skyline, and even the Burj Khalifa in select units.
World-Class Amenities for a Premium Lifestyle
The amenities at VELOR Tower reflect its elite status, including:
- Rooftop infinity pool
- Fitness centre and yoga spaces
- Luxury spa with gender-specific zones
- Mini golf course
- Lounges, cafés, and restaurants
- Children’s club and family recreation areas
- Barbecue zones
- EV charging points in the parking area
Residents enjoy unrivalled service, including 24/7 concierge, doorman, valet parking, private delivery service, and optional chef and dry cleaning bookings.
Features & Amenities
Children Play Area
Schools
Restaurants
Shopping Mall
Sports Facilities
Gym
Parking Area
24X7 SecurityPayment Plan
10%
Down Payment
50%
During Construction
40%
On Handover
Investment Potential and Flexible Payment Plan
Investing in a penthouse at VELOR Tower is a strategic move. Luxury properties in Business Bay are appreciating rapidly, with consistent rental demand. Estimated rental yields range from 7–8% per annum, and with the scarcity of such exclusive properties in Dubai, VELOR presents a high-value investment opportunity.
- Starting price for 4-bedroom units: AED 8,250,000
- Starting price for 5-bedroom units: AED 17,500,000
- Flexible 60/40 payment plan with just 10% booking amount
- Project handover expected in Q4 2027
Prime Location in Business Bay
Strategically located in Business Bay, VELOR Tower offers seamless access to:
- Dubai Mall, Burj Khalifa, and Dubai Opera
- The scenic Dubai Water Canal
- Bay Avenue and City Walk
- Major districts like DIFC, Jumeirah, and Dubai International Airport within 10–15 minutes’ drive
- Nearby restaurants, schools, clinics, and luxury retail outlets
This location combines the central vibrancy of Downtown Dubai with a more tranquil atmosphere, offering stunning vistas and cleaner air.
Image Gallery
Frequently Asked Questions(FAQ)
VELOR Tower is developed by Ginco Properties, part of a well-established construction group with 45+ years of experience.
The project is located in the prestigious Business Bay area, within the Downtown District, just a few minutes’ walk from Burj Khalifa and Dubai Mall.
The development features ultra-exclusive penthouses only — limited to 29 units with 4 and 5 bedrooms.
- 4-bedroom penthouses start at AED 8,250,000
- 5-bedroom penthouses start at AED 17,500,000
Penthouses range from 2,999 to 6,017 sq ft.
- Panoramic windows & private terraces
- 3.2-metre-high ceilings
- Italian and German finishings
- Branded appliances
- Soft diffused lighting
- 4BRs include a maid’s room
- 5BRs come with two kitchens and two living rooms
- Rooftop infinity pool
- Fully equipped fitness centre & yoga areas
- Spa with male/female zones
- Mini golf, lounges, cafés & restaurants
- Kids’ club, family zones, and BBQ areas
- EV charging stations in the parking area
- 24-hour concierge and doorman
- Valet parking
- Private delivery service
- Optional chef booking and dry cleaning
Flexible 60/40 payment plan:
- 10% down payment on booking
- 60% during construction
- 40% on handover
The project is scheduled for completion and handover in Q4 – 2027.
Yes.
- Business Bay is a high-demand area
- Penthouses are limited and exclusive
- Expected rental yields of 7-8% annually
Have a Question? Our Experts Are Ready
Atique Jamal
Grand Reve Realty
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