VELOR by Ginco Properties is an elite development for those with an appreciation for status, privacy and exclusivity. This luxurious residential complex is strategically located in the Downtown District of Business Bay, close to iconic Downtown Dubai landmarks. Instead of standard apartments, property at VELOR Tower consists of 29 penthouses. Each one occupies a spacious area with a separate entrance and features a well-thought-out layout and luxurious finishes. The 26-storey tower with podium and underground levels is being constructed by Ginco Properties, part of a large holding company operating in the UAE since 1975.
The penthouses at VELOR Tower at Business Bay are available in two types — with 4 and 5 bedrooms, ranging in size from 2999 sqft (279 m²) to 6017 sqft (559 m²). All residences feature spacious kitchens, living rooms with panoramic windows, 3.2-metre-high ceilings, private staff quarters and en-suite bedrooms. The 5-bedroom penthouses additionally include two kitchens and guest areas. The interiors are designed with Italian tiles, German fittings, and premium built-in appliances.
The infrastructure at VELOR Tower at Business Bay meets the highest standards of the project: rooftop infinity pool with panoramic views, fitness room, and spa areas for men and women. The complex includes lawns for yoga, mini golf, playgrounds, family lounges, cafes and restaurants. A pleasant bonus is the 24-hour concierge, valet parking, laundry, chef and delivery services.
You can buy property at VELOR by Ginco Properties using an installment plan: 10% upon booking, 50% during construction, and 40% upon key handover. The complex is scheduled for completion in Q4 2027.
Limited Penthouses
with 4 to 5-Bedrooms
at Business Bay, Dubai
VELOR Tower by Ginco Properties is an exclusive project in the Downtown District of Business Bay, near Dubai Mall and Burj Khalifa. It offers just 29 penthouses with 4 and 5 bedrooms, panoramic views of the Dubai Canal, Italian finishes and premium services.
60/40
Payment Plan
Q4 2027
Handover
AED 8,250,000
Starting Price
VELOR Tower by Ginco Properties at Business Bay, Dubai
Location in Dubai
Developer
Property Type
Available Units
Total Areas
Payment Plan
Completion
Photo Gallery
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Floor Plans of VELOR Tower
4-Bedroom
5-Bedroom
4-Bedroom Penthouse
FROM AED 8,250,000 ($2,246,200)
Total Area: 2999 sqft (279 m²)
5-Bedroom Penthouse
FROM AED 17,500,000 ($4,764,600)
Total Area: 6017 sqft (559 m²)
Invest with Attractive
60/40 Payment Plan
Invest with Free-Interest
60/40 Payment Plan
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Property Location
is Business Bay
Business Bay is one of the most recognisable and rapidly developing areas in central Dubai. It is conveniently located south of Downtown Dubai and close to the emirate's main attractions, including the Burj Khalifa, Dubai Mall and Dubai Opera. The district stretches along the artificial Dubai Water Canal, giving it the unique charm of an ultra-modern metropolis with waterfronts, bridges and green areas for relaxation and walking.
Business Bay was originally conceived as the emirate's business hub, but quickly transformed into a multifunctional centre where residential towers, boutique hotels, restaurants and cultural spaces have sprung up alongside the skyscrapers of international companies. Property at Business Bay is great for both personal living and renting thanks to its well-thought-out urban structure and transport links. The area has its own metro station, which makes it easy to get to other parts of the emirate. Dubai International Airport is just a 15-20 minute drive away.
Business Bay has a well-developed infrastructure, with educational institutions such as Maple Bear Nursery, Horizon English School, Dubai International School and Clarion School. Medical care is provided by Emirates Hospital Clinic, Medcare Hospital and Aster Clinic. Along the Dubai Water Canal, there are cosy cafes, trendy restaurants, beauty salons, gyms and spa centres. Nearby is Bay Avenue, a shopping and entertainment centre with supermarkets, shops, a food court and playgrounds. Within walking distance is the emirate's largest shopping centre, Dubai Mall, with dozens of brand-name boutiques, an aquarium and an ice rink.
The unique feature of living in Business Bay is that it combines the pace of a big city with a sense of personal space. The presence of embankments, parks and open spaces creates a balance between urbanism and comfort. The area continues to develop actively, and new projects consistently attract the interest of investors and buyers. Due to its advantageous location and high liquidity of housing, Business Bay is rightly considered one of the best areas to buy property in Dubai.
Distance from VELOR Tower to Key Locations in Dubai
50 MINUTES
20 MINUTES
10 MINUTES
10 MINUTES
20 MINUTES
Why Invest in Real Estate
at Business Bay?
VELOR Tower at Business Bay is located in one of Dubai's most sought-after and attractive investment areas, surrounded by the emirate's iconic landmarks, including Burj Khalifa, Dubai Mall, Dubai Opera and Dubai Water Canal. It is a strategic location with developed infrastructure, stable rental demand and high capitalisation. Another significant factor in the investment value of property at VELOR Tower is the limited supply of 29 penthouses. This format makes the project practically a collector's item. With growing demand for luxury housing and a limited number of similar properties in central Dubai, this is an important advantage for investors focused on long-term value growth.
In addition to its unique positioning, the architecture and concept of the project also play an important role. The penthouses at VELOR Tower at Business Bay, with their large floor areas, high ceilings, premium finishes and views of the canal and Downtown Dubai, are far from standard accommodation. They are a niche product for a select group of buyers who are willing to pay for quality, comfort, status and privacy. This approach creates a stable foundation for sustained demand and price growth for these residences in the future.
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Frequently Asked Questions About
VELOR Tower
Frequently Asked Questions About VELOR Tower
Where is VELOR by Ginco Properties situated?
VELOR Tower by Ginco Properties is located in the heart of the Downtown District of Business Bay, close to Dubai Mall and Burj Khalifa — one of the most prestigious locations for buying property in Dubai.
What properties are on offer at VELOR by Ginco Properties?
VELOR Tower at Business Bay offers exclusively 4- and 5-bedroom penthouses — residences with spacious layouts, panoramic windows, high ceilings and premium finishes.
What is the starting price for properties at VELOR by Ginco Properties?
The starting price for 4-bedroom penthouses at VELOR Tower at Business Bay is AED 8,250,000 ($2,246,200), and for 5-bedroom units, it is AED 17,500,000 ($4,764,600).
When will construction of VELOR by Ginco Properties be completed?
Construction of properties at VELOR by Ginco Properties is scheduled for completion in Q4 2027.
What is the payment option for buying a property at VELOR by Ginco Properties?
You can buy a penthouse at VELOR Tower by Ginco Properties on a 60/40 installment plan with a 10% down payment.
What exclusive options are available at VELOR by Ginco Properties?
As well as premium amenities, VELOR by Ginco Properties offers exceptional services, including a chef and laundry service on request, a concierge, valet parking and a porter, which emphasises the high status of this property at Business Bay.
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