Question 1

Where is VELOR by Ginco Properties located?

Accepted Answer

VELOR Tower by Ginco Properties is located at Downtown District, part of Business Bay, one of the most prestigious and sought-after areas of the emirate. The project is within walking distance of Burj Khalifa and Dubai Mall, close to Dubai Water Canal.

Question 2

What types of properties are available at VELOR by Ginco Properties?

Accepted Answer

The properties at VELOR Tower at Business Bay are offered exclusively as penthouses. The project comprises a total of 29 residences with 4 and 5 bedrooms.

Question 3

How much do the penthouses at VELOR by Ginco Properties cost?

Accepted Answer

The starting price for 4-bedroom penthouses at VELOR Tower by Ginco Properties is 8 250 00 AED (2 246 200 $), and 5-bedroom penthouses cost 17 500 000 AED (4 764 600 $). This is an ultra-luxury property at Downtown District, combining status, privacy and a prime location.

Question 4

What is the payment plan for buying property at VELOR by Ginco Properties?

Accepted Answer

You can buy property at VELOR Tower at Business Bay with a flexible, interest-free payment plan on a 60/40 basis. The first 60% is paid on a phased schedule before the property is handed over, starting with 10% upon booking, and the remaining 40% — upon receiving the keys.

Question 5

When is the handover date of property at VELOR by Ginco Properties?

Accepted Answer

Construction of property at VELOR by Ginco Properties is scheduled for handover in Q4 2027.

Question 6

What are the benefits of buying property at VELOR by Ginco Properties?

Accepted Answer

Buying a penthouse at VELOR Tower at Business Bay is an investment in an exclusive and prestigious property in Dubai. The complex is located in the central part of the emirate and offers a limited number of luxury residences with panoramic views of Dubai Canal and Burj Khalifa, as well as a high level of service and amenities. Penthouses at Business Bay are steadily increasing in value and demonstrating returns of up to 8% per annum, making them a profitable asset for rental and subsequent resale.

VELOR Tower

Floor Plans of VELOR Tower

Dubai & UAE Real Estate
Analytics and Reviews
from Inside Experts

Analytics & Reviews from Experts

Dubai & UAE Real Estate Market Analytics and Reviews

Properties in Dubai & UAE

UAE Real Estate Developers

UAE Trending Areas