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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
AED · sqft
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DLD project no. 3392Not started52 units

Velor فيلور Business Bay by Ginco Properties L.L.CAll phases of Business Bay DLD status: Not started (DLD register as of 1 November 2026) DLD end date Nov 2027 12 months to go DLD register as of 1 November 2026. The end date is the one registered with DLD, not a handover forecast.

Business Bay towers along the Dubai Water Canal from above
Area photo: Business Bay, not this project
% built
0%
DLD register, 1 November 2026
Registered start
May 2025
DLD end date Nov 2027
Latest sales
—
Fewer than 5 recent sales
Developer
4 projects
2 completed · 412 units delivered

Completion

DLD status: Not started. 0% built, DLD end date 1 November 2027. DLD Project Status shows inspection reports once works begin.

DLD register readings
Date % built DLD end dateDLD status
28 October 2026 0% 1 November 2027Not started

Source: DLD projects register, export of 1 November 2026.

Inspection photos and reports

DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.

CraneScore links to DLD and does not copy or host its photos or reports.

DLD registration

DLD services ↗
DLD project number
3392
Escrow agent
Emirates Islamic Bank P.J.S.C.
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
DLD area
Business Bay
Units · villas
52 · 0
Start → DLD end
May 2025 → Nov 2027
Registered units4 bed 46 · 5+ bed 3; sizes 3,000–3,000 sqft

Also registered: shops and showrooms 3.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: VELOR (2B + G + 3P + 28 + Service Floor + R) Residential & Commercial Building in Business Bay, Dubai UAE

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft

Service charges

What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.

Apartment buildings’ budgets; villa and townhouse budgets are left out.
19.98 AED/sqft a year
Business Bay: median of 71 developments’ owners’ association budgets, 2026

Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.

Source: Dubai Land Department, owners’ association budgets (service charges).

LocationBusiness Bay · Dubai Municipality community

Carrefour Express · 270 mBayside Park 5 · 390 mBayside Park 8 · 590 mBayside Park 8 · 680 mSupermarket · 690 mBIOS CLINIC · 720 mAl Reyhan Mini Mart · 720 mSouk Al Bahar · 830 mThe Dubai Mall · 830 mMediclinic · 1.1 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationBurj Khalifa/ Dubai Mall Metro Station · Red Metro line · 1.8 km
MallSouk Al Bahar · 830 m
SupermarketCarrefour Express · 270 m
HospitalBIOS CLINIC · 720 m
SchoolHartland International School · 2.4 km
ParkBayside Park 5 · 390 m
BeachBeach · 2.3 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 35, with 11,050 units and villas.

2023: 1452025: 1052026: 4,0072027: 4,6322028: 652029: 4142030: 1192031: 484No end date: 1,079

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Business Bay: 52

Open projects in the same DLD area with a DLD end year from 2026 to 2028, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Binghatti Skyrise 35.9% Dec 2026 3,040 3,281
Binghatti Aquarise 21% Oct 2026 2,621 1,348
Al Habtoor Tower 90% Dec 2026 2,771 779
Binghatti Skyhall 31.1% Aug 2026 2,430 648
One by Binghatti 50.2% May 2026 2,921 574
Onda By Kasco 61.1% Aug 2027 1,820 299
Rove Home Marasi Drive 10% Aug 2027 3,299 283
One.B Tower 10.1% Dec 2028 2,725 180
One River Point 35.4% Jun 2027 2,643 175
Aykon City 3 31.4% Dec 2027 2,482 168
Royal Regency Suites 56.2% Dec 2026 2,156 130
Urban Life 80% Jun 2026 — 115

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Business Bay

Developer in DLD data Ginco Properties L.L.C · DLD developer no. 1485

Projects registered
4
2 completed · 1 under construction · 1 not started
Units delivered
412
510 in the pipeline
Past the DLD end date
0
of 1 under construction with a DLD end date

Completed a month or more after their DLD end date: 1 of 2 completed projects with both dates. In 1 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error