Project · Business Bay · Sale prices

Vela By Omniyat Property Prices 2026

The median property sale price in Vela By Omniyat was ⃃ 44,772,000 in the 12 months to 16 Oct 2026, based on 2 registered sales — 11.0% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 7,500 (+9.6% year on year). That is 3053% above the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 2 salesUpdated: 18 Oct 2026
Median sale price
⃃ 44,772,000
−11.0% YoY
2 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 7,500
+9.6% YoY
2 sales · the 12 months to 16 Oct 2026
Registered sales
2
+100.0% YoY
worth ⃃ 89.54M · the 12 months to 16 Oct 2026

What are the key price figures for Vela By Omniyat?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 44,772,00012 months to 16 Oct 20262 sales; −11.0% vs the same 12 months a year earlier
Median price per sq ft⃃ 7,50012 months to 16 Oct 20262 sales; +9.6% vs the same 12 months a year earlier
Number of sales212 months to 16 Oct 2026+100.0% vs the same 12 months a year earlier
Total sales value⃃ 89,543,61012 months to 16 Oct 2026+78.0% vs the same 12 months a year earlier
Lowest / highest sale⃃ 28.81M – ⃃ 60.73M12 months to 16 Oct 2026single registered sales (not typical prices)
Units on record39current2 sold in the 12 months to 16 Oct 2026 (5.1% of stock)
Active off-plan projects1current39 off-plan units
Developer (primary) median price⃃ 39,451,000all time24 developer sales; ⃃ 6,810 per sq ft
Launch date05/10/2023—project record
Completion / handover date01/08/2026—project record

How do prices differ by property type in Vela By Omniyat?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 44,772,000−11.0%⃃ 7,5002—

How have property prices in Vela By Omniyat changed since 2022?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2022–2026 (to 16 Oct 2026)
Vela By Omniyat median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
202211,559
202366,761
2024166,788
202516,845
2026 YTD27,503
Registered sales and median price per sq ft by year, Vela By Omniyat. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)2part year⃃ 89.54M⃃ 44,771,805⃃ 7,503+9.6%
20251−93.8%⃃ 50.32M⃃ 50,318,100⃃ 6,845+0.8%
202416+166.7%⃃ 667.88M⃃ 38,676,375⃃ 6,788+0.4%
20236+500.0%⃃ 221.36M⃃ 35,289,450⃃ 6,761+333.7%
20221—⃃ 80M⃃ 80,000,000⃃ 1,559—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · all years

How does Vela By Omniyat compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricVela By OmniyatBusiness BayDubai
Median sale price⃃ 44,772,000⃃ 2,193,000⃃ 1,420,000
Median price per sq ft⃃ 7,500⃃ 2,500⃃ 1,740
Price per sq ft YoY+9.6%+5.0%+6.4%
Sales27,949173,241
Gross rental yield—4.74%4.44%

What are the latest registered sales in Vela By Omniyat?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
27/04/2026Vela By Omniyat4 beds · Apartment7,373 sq ft⃃ 60,730,110⃃ 8,237Primary · Off-plan
07/04/2026Vela By Omniyat3 beds · Apartment4,257 sq ft⃃ 28,813,500⃃ 6,768Resale · Off-plan

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/vela-by-omniyat
Vela By Omniyat Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/vela-by-omniyat

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Vela By Omniyat?
The median property sale price in Vela By Omniyat was ⃃ 44,772,000 in the 12 months to 16 Oct 2026, from 2 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Vela By Omniyat?
The median price per square foot of Vela By Omniyat was ⃃ 7,500 in the 12 months to 16 Oct 2026, +9.6% compared with the same 12 months a year earlier.
How many properties were sold in Vela By Omniyat in the last 12 months?
2 sales worth ⃃ 89,543,610 were registered in Vela By Omniyat in the 12 months to 16 Oct 2026 (+100.0% year on year).
Are property prices in Vela By Omniyat going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Vela By Omniyat changed +9.6%. In calendar year 2025 it was ⃃ 6,845 (+0.8% on 2024), and ⃃ 7,503 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/vela-by-omniyat