Velos Residence
Velos Residence Offered by Buy Dubai Off-Plan
Velos Residence

Velos Residence

by City View Developments in Dubai Motor City View on map Under construction

Starting price
AED 795,000
Payment plan
40/60
Handover
Q1 2028

≈ € 191,000

Project details

Starting price AED 795,000 ≈ € 191,000 What will my monthly payments be?
Payment plan 40/60 40% during construction, 60% at handover
Handover Q1 2028 Under construction
Bedrooms Studio12
Property type
Apartment
Floor area
45 to 115 m²
Location
Dubai Motor City
Project brochure
Free, with no obligation

The Velos Residence brochure

Download the brochure for Velos Residence of City View in Dubai Motor City for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Velos Residence

  • Premium apartments in Dubai Motor City with an elegant and modern aesthetic

  • Spacious units ranging from 45.43 to 114.64 m², available in studio, 1-bedroom, and 2-bedroom configurations

  • Strategic location with excellent connections to key areas such as Downtown Dubai and Dubai Marina

  • Design focused on functionality, natural light, and wellness

  • Favourable payment plan requiring only 40% during construction and 60% upon completion

Velos Residence at Dubai Motor City: Luxury homes by City View

Velos Residence is a new prestigious residential building in Dubai Motor City, developed by City View. This project embodies modern architecture combined with a vibrant community, specifically designed for those who value urban comfort and an active lifestyle. The facade exudes elegance with clean lines and extensive use of glass, while the interior is tailored for functionality and luxury. The apartments range in size from 45.43 to 114.64 m² and are available as studio, 1-bedroom, and 2-bedroom units. With a planned completion date in the first quarter of 2028, Velos Residence offers a unique opportunity to invest in a growing neighbourhood. The location in Dubai Motor City is renowned for its dynamic character and excellent infrastructure. The building’s design focuses on spaciousness, natural light, and a harmonious living environment, making it an ideal choice for families, couples, and professionals. Prices start from AED 795,000, making the project accessible to a wide range of investors. With its attention to detail and high-quality finishes, Velos Residence is an excellent option for those seeking a modern home in Dubai.

Home types and layouts at Velos Residence Dubai Motor City

Velos Residence offers a diverse portfolio of apartments, suitable for various lifestyles and needs. The studios are ideal for individuals or young couples seeking compact yet comfortable living. With an area starting from 45.43 m², these units provide sufficient space for an efficient layout. The 1-bedroom apartments are perfect for small families or professionals desiring more privacy and space. These units feature a separate bedroom, a spacious living room, and a modern kitchen. The 2-bedroom apartments, with an area of up to 114.64 m², are suitable for families or housemates requiring extra space. All units are fitted with high-quality materials and smart design features such as spacious balconies, high ceilings, and large windows that allow natural light. The kitchens are equipped with modern appliances and the bathrooms are finished with quality materials. The building is designed so that each home makes optimal use of the available space without compromising on comfort or style. This makes Velos Residence an excellent choice for those seeking a practical and stylish home in Dubai.

About the developer City View and the Velos Residence design

Velos Residence is being developed by City View, a renowned developer in Dubai known for its attention to quality and innovation. The building itself is an example of modern architecture, with a facade that symbolises elegance and speed. The combination of glass and clean lines gives the building a contemporary look, while the interior is designed for maximum functionality and comfort. City View has ensured that every unit meets high standards, with attention to details such as spatial layout, natural light, and sustainability. The building offers not only homes but also communal amenities that enhance residents’ lives. These include wellness facilities, a fitness room, and opportunities for social interaction. The developer is known for its reliability and has a track record of successful projects in Dubai. With Velos Residence, City View takes another step forward in offering high-quality residential buildings that meet the needs of modern urbanites. The project reflects their vision of quality, innovation, and sustainability, making it an excellent investment opportunity.

Prime location in Dubai Motor City near key Dubai destinations

Velos Residence is located in the heart of Dubai Motor City, an area renowned for its dynamic character and excellent amenities. This location combines the best of living, working, and entertainment, making it an ideal place for modern urbanites. Dubai Motor City has a rich history in motorsport, which is reflected in the vibrant atmosphere and unique architecture of the area. Residents of Velos Residence have easy access to major highways, placing key areas such as Downtown Dubai, Dubai Marina, and Dubai International Airport within easy reach. In the immediate vicinity, you will find various attractions, including the Dubai Autodrome and the First Avenue Mall. Furthermore, there are numerous restaurants, cafés, supermarkets, and fitness centres nearby, ensuring all daily needs are met within a short distance. The area also offers plenty of green spaces and recreational opportunities, contributing to a pleasant living environment. With its strategic location and extensive amenities, Dubai Motor City is one of the most sought-after neighbourhoods in Dubai, making Velos Residence an excellent investment for both residents and investors.

Flexible payment plan for Velos Residence homes

The payment plan for Velos Residence is specifically designed to offer investors and buyers flexibility and certainty. Only 40% of the purchase price is required during the construction phase, while the remaining 60% is due upon completion of the project. This makes it financially attractive to invest in this project, as the principal payment occurs later. The starting price for the apartments is AED 795,000, offering an accessible entry point for both first-time buyers and experienced investors. The payment plan is transparent and straightforward, with no hidden costs or complex conditions. The project is planned for completion in the first quarter of 2028, providing ample time to arrange financial planning. With this favourable payment plan and the strong growth potential of Dubai Motor City, Velos Residence presents an excellent opportunity to invest in the Dubai real estate market. Please feel free to contact us for more information on the available opportunities.

Amenities

Payment plan for Velos Residence

40%60%
40%
During construction, in instalments
AED 318,000
≈ € 76,000
60%
After handover
AED 477,000
≈ € 114,000

Monthly payments and your own funds

How much do you need for Velos Residence, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 2,011

≈ € 480 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 318,000≈ € 76,300
Your funds at handover
AED 79,500≈ € 19,100
Mortgage at handover
AED 397,500≈ € 95,400
Purchase costs4% DLD fee and mortgage costs
AED 37,639≈ € 9,000
Total funds required
AED 435,139≈ € 104,400
Request finance guidance for Velos Residence
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Photos of Velos Residence

Location

Dubai Motor City, Dubai
Open in Google Maps

About City View Developments

City View is a renowned developer in Dubai, specialising in off-plan property projects that cater to both residential and commercial investors. On this page, you will find a complete overview of all current off-plan projects offered by City View. These projects range from luxury apartments to modern residential towers, all designed with an eye for detail and sustainability. One of the most recent projects, for example, is located in the heart of Dubai, with spaces ranging from 60 m2 to 250 m2 and prices starting from AED 1,200,000.

City View is known for its transparent approach and provides detailed information on each project, including expected completion dates and payment terms. By investing in an off-plan project from City View, you can benefit from early registration advantages and potential capital appreciation.

All projects by City View Developments

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.