VELOR by Ginco Properties is an ultra-exclusive project which stands out from most residential developments in Dubai. The 26-storey tower with three podiums and two underground levels is located in the prestigious Downtown District within Business Bay, just a few minutes' walk from Burj Khalifa and Dubai Mall. The project is being developed by Ginco Properties, part of a large construction group with 45 years of experience.
Properties at VELOR Tower at Business Bay are a limited collection of 29 penthouses with 4 and 5 bedrooms. Considering the high density and intensity of this business hub, the idea of dedicating an entire skyscraper exclusively to penthouses seems bold and eye-catching at the same time — it's a great option for those looking for status, privacy, and exclusivity.
The architectural concept of VELOR by Ginco Properties is modern, leaning towards minimalism — warm shades of glass and metal, expressive façade elements with soft lighting, panoramic windows and terraces. The interiors are bright and spacious, with 3.2-metre-high ceilings, expensive finishing materials from Italy and Germany, branded appliances and soft diffused lighting. Everything here is designed for comfort, including separate areas for entertaining guests and private relaxation. The 4-bedroom penthouses at VELOR Tower at Business Bay feature a separate maid's room, while the 5-bedroom penthouses boast two kitchens and two living rooms. The residences range in size from 2,999 sqft (279 m²) to 6,017 sqft (559 m²). The windows offer stunning views of the canal, the emirate's centre and, in some cases, the Burj Khalifa.
The project's infrastructure highlights its high status. The complex features a rooftop infinity pool, a fitness centre and yoga spaces, a spa with separate male and female areas, mini golf, lounges, cafés, restaurants, a kids' club, family recreation spaces, barbecue zones and even EV charging stations in the car park. The level of service is uncompromising: a 24-hour concierge, doorman, valet parking, private delivery, and the option to book a chef and dry cleaning services on request ensure that residents do not have to worry about a thing.
The location of VELOR Tower by Ginco Properties is a key factor in its investment and practical appeal. The Business Bay area has long been an extension of Downtown Dubai — just a stone's throw from the Dubai Mall, Burj Khalifa, Dubai Opera and Dubai Water Canal, along which you can walk to Bay Avenue or City Walk. The DIFC, Jumeirah and Dubai Intl. Airport is a short 10-15 minute drive away. Dozens of restaurants, international schools, medical centres and boutiques are within walking distance. This is the heart of the emirate, but without the hustle and bustle — with luxurious views, fresh air and its own rhythm.
In terms of investment, buying a penthouse at VELOR by Ginco Properties is a smart choice. Premium properties at Business Bay are rapidly increasing in value, and rentals in the area are always in demand. The yield on this level of real estate can reach 7-8% per annum. With limited supply in Dubai's penthouse market, the project's format, scope, level of service and location make VELOR Tower a promising solution for both personal residence and as an investment asset in your portfolio.
The starting price for 4-bedroom penthouses in the project is 8 250 000 AED (2 246 200 $), and 5-bedroom penthouses — from 17 500 000 AED (4 764 600 $). You can buy property at VELOR Tower at Business Bay on flexible payment terms with a 60/40 installment scheme and a 10% on booking. Construction is scheduled for handover in Q4 2027.
UAE GOLDEN VISA
Fahid Island
30/04/2025
