Velor by Ginco Properties is a Business Bay tower made up of just 29 penthouses, many of them full or near-full floors. Every home is a four or five-bedroom residence of roughly 2,999 to 6,017 square feet, with 3.2-metre ceilings and panoramic glazing towards the Dubai Water Canal, Downtown Dubai and the Burj Khalifa. Layouts include staff quarters and en-suite bedrooms, and the five-bedroom penthouses add a second kitchen and guest areas. Concierge and secure private access complete the building. The low residence count gives it the feel of a private club.
Independent Advisory. Transparent Figures.
Down Payment
10%
1st Instalment
50%
2nd Instalment
10%
3rd Instalment
10%
4th Instalment
10%
5th Instalment
10%
6th Instalment
10%
7th Instalment
40%
AED 8,250,000
AED 17,500,000
Velor by Ginco Properties is an ultra-exclusive residential tower in the heart of Business Bay, comprising just 29 expansive penthouses conceived for buyers who value privacy, scale and craftsmanship above all else. Where most towers stack hundreds of units, Velor takes the opposite approach: a vertical collection of full-floor and near-full-floor sky homes, each one a rarefied private residence with panoramic views across the Dubai Water Canal, Downtown Dubai and the Burj Khalifa. The result is one of the most distinctive branded penthouse offerings in the city, a building defined by generosity of space, 3.2-metre ceilings and an architecture of quiet, confident luxury.
Set near the intersection of Sheikh Zayed Road (E11) and Al Khail Road (E44), Velor enjoys seamless connectivity across Dubai while remaining anchored in Business Bay’s canal-side lifestyle of waterfront dining, hospitality and leisure. Downtown Dubai, DIFC and the city’s cultural and retail landmarks are minutes away, yet the tower’s low residence count ensures an atmosphere closer to a private members’ club than a conventional apartment building. This is central-city living reimagined for a small circle of owners.
The collection is composed exclusively of four and five-bedroom penthouses, ranging from approximately 2,999 to 6,017 square feet. Every residence features an expansive living room framed by panoramic glazing, a generously scaled kitchen, private staff quarters and en-suite bedrooms throughout; the five-bedroom penthouses add a second kitchen and dedicated guest areas for grand-scale entertaining. Interiors are delivered to an elevated specification, with premium materials and a restrained contemporary palette that lets the light and the views take precedence. Curated building amenities, concierge services and secure private access complete a proposition designed around discretion and comfort.
Starting prices begin at AED 8,250,000 for four-bedroom penthouses and AED 17,500,000 for five-bedroom penthouses, positioning Velor within Dubai’s prime branded-residence tier while offering rarity that few Business Bay addresses can match. A flexible, interest-free 60/40 payment plan, beginning with 10% on booking, a phased schedule through construction and 40% on handover, supports both end users and collectors of trophy real estate. With completion scheduled for Q4 2027, Velor allows discerning buyers to secure a genuinely scarce asset ahead of delivery.
Ginco Properties brings a reputation for design-driven, quality-led development to Velor, and the tower’s combination of scarcity, scale and central location gives it a strong long-term investment and lifestyle case. In a market where large-format, view-rich penthouses in the central canal district are seldom available, 29 residences represent a finite opportunity.
At Lux Abacus we offer direct-developer access to Velor, with confidential guidance, live availability and full support through reservation, contracting and handover. Contact our team to arrange a private consultation and secure one of these limited penthouses.
Large-format penthouses in Business Bay’s central canal corridor are among the scarcest assets in Dubai’s residential market, and their limited supply has historically translated into resilient values and strong demand from both regional and international ultra-high-net-worth buyers. Velor’s finite collection of 29 residences, combined with its full-floor scale, branded specification and trophy views, positions it as much as a store of value as a home. For collectors seeking rarity and end users seeking uncompromised space in the heart of the city, the tower offers a rare convergence of lifestyle and long-term investment merit.
BLVD Plaza Tower 1 Office 1103 Downtown Dubai, Dubai, UAE
A considered selection of related developments, assessed against comparable standards of quality, location and investment potential. Each option provides a relevant basis for comparison across property types, configurations and price points, while maintaining alignment with the criteria that matter most. eview the available opportunities to determine which development best supports your objectives, whether for personal use, a second residence or long-term capital allocation.
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