Business Bay Off Plan Properties

Urban Living in the Heart of Dubai

One of the most sought-after addresses in Dubai, Business Bay is the essential business hub that offers ultra-luxury apartments in high-rise buildings, hotels, well-developed system & prestige location. The area is a master planned community with residential and commercial properties.

AED 2,000,000

Starting Price

Buy Directly

from developer

MAKE AN ENQUIRY

The Epitome of Urban Living

20 Minutes

to Marina

10 Minutes

to Downtown

20 Minutes

to DXB

45 Minutes

to DWC

Business Bay

Situated at the heart of the city, Business Bay is a thriving business and commercial district, making it an ideal hub for professionals and entrepreneurs. The area offers a dynamic environment for networking, collaboration, and growth, with a wide range of corporate offices, world-class amenities, and top-notch infrastructure.

Furthermore, Business Bay is strategically positioned near major transportation hubs, including Sheikh Zayed Road and the Dubai Metro, providing easy accessibility to other key areas of the city. This connectivity enhances the convenience for residents and investors, allowing for seamless travel and efficient commuting. Moreover, Business Bay is near renowned landmarks such as the Burj Khalifa and Dubai Mall, offering a multitude of recreational and entertainment options. The community also features an array of dining outlets, retail centers, and leisure facilities, providing a vibrant and enriching lifestyle for its residents. With its thriving business environment and an abundance of amenities, investing in Vela Dorchester in Business Bay presents an excellent opportunity for long-term growth and a fulfilling living experience.

Ideal to Raise A Family

Properties for sale in Business Bay

APARTMENTS

PENTHOUSES

Bugatti Residences

AED 19,090,000

APARTMENTS

PENTHOUSES

Vela Dorchester Collection

AED 30,000,000

Why

Business Bay

Business Bay is located on the coast of Dubai Canal and nearby famous Downtown Dubai which is just 10 minutes away. The community is connected to the rest of the city via Sheikh Zayed Road and Al Khail Road.

With an easy access to the main highways, the residents can drive to almost every major city attraction quick and comfortable. It takes only 15 minutes to reach City Walk or Jumeirah Beach Residences. The popular Palm Jumeirah and Dubai Marina are located in 10-min drive from Business Bay.

Community Map

How to Buy

in Dubai

Signing a contract to purchase a property that has not yet been built is known as an offplan property. It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier. Dubai’s real estate market draws serious investors from around the world. 

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods. 

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai. 

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All real estate transactions that are not registered in DLD’s registers are considered invalid.

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures. 

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor. 

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