Velos Residence is a new residential development in Dubai by City View Developments, located in the heart of the Motor City. The project is a 30-storey tower with 408 apartments including studios, 1-bedroom and 2-bedroom layouts. The architecture of Velos Residence is aerodynamic, reflecting the character of the neighborhood and the proximity to the Dubai Autodrome. This property in Dubai is expected to be completed in Q1 2028.
The architectural character of the development is characterized by a dynamic and flowing silhouette. The facades of Velos Residence at Motor City are designed in a neutral palette with metallic accents, while the apartments themselves are designed using porcelain tile with imitation wood, quartz countertops and modern built-in furniture. Spaces have been optimized to make efficient use of floor space, while remaining visually spacious and light. The interiors of these apartments at Motor City feature terrazzo and travertine effect materials, minimalist bathroom fittings and built-in storage.
Offerings in the development vary in format and size: studios from 341 sqft (32 m²), 1-bedroom apartments from 669 sqft (62 m²), 2-bedroom apartments from 989 sqft (92 m²). All studios at Velos Residence are fully furnished, including white goods and built-ins. The 1 and 2 bedroom apartments come with complete kitchens and appliances from Franke and Elba. Ceilings up to 3.3 meters high, panoramic windows and clever layouts provide a sense of space and light.
Starting prices for these apartments at Motor City start from 800 000 AED (217 800 $) for a studio, 1 300 000 AED (353 900 $) for a 1-bedroom apartment and 1 900 000 AED (517 300 $) for a 2-bedroom apartment. Interest free 40/60 instalments with down payment from 10% for buying property at Velos Residence.
Velos Residence at Motor City features three levels of public areas: ground, 21st and rooftop. The ground level features play areas for children, an indoor gym and yoga studio, co-working space, lounge, pet area, and multipurpose rooms. The rooftop features a panoramic infinity pool with a wooden terrace, a bar, Japanese and Mediterranean-style gardens, and a meditation space. Outdoor facilities include a paddle court, basketball court, outdoor cinema, fitness center and jogging track.
Velos Residence's location at Motor City highlights its strategic advantage with access to key motorways — Sheikh Mohammed bin Zayed Road, Hessa Street and Umm Suqeim Street — in less than 5 minutes. Dubai Marina, Downtown Dubai, DIFC, Dubai Hills Estate and City Walk are no more than 20 minutes away by car. Important sites in the immediate vicinity include Dubai Autodrome (5 minutes), Miracle Garden (10 minutes), Mall of the Emirates (15 minutes) and Dubai International Airport (30 minutes).
Motor City is characterized by a well-developed infrastructure. GEMS Metropole School, JSS International, Ranches Primary School and Victory Heights Primary School are all within a few minutes radius. Medical facilities include Aster Clinic, Saudi German Hospital and Al Zahra Hospital. Residents can take advantage of FitRepublik and Fitness First fitness centers, The Els Club golf club and other sports facilities. Shopping and entertainment venues include First Avenue Mall, Joud Boulevard, City Centre Me'aisem and Dubai Hills Mall. The neighborhood is also served by bus routes F31 and F37, connecting it to key metro stations.
The investment appeal of property at Velos Residence is underpinned by the consistently high demand for apartments at Motor City. Payback can be as high as 8%, and up to 9% for studios. This is due to a combination of factors: affordable starting price, fully furnished, modern design and high rental demand. An important role is also played by the limited supply of new residential complexes in the area, which increases the liquidity of objects. Studios are particularly interesting as a format with a low entry threshold and high rental potential.
Al Reem Island
UAE GOLDEN VISA
30/04/2025
