
Velor Penthouses in Business Bay by Ginco Properties
4.5–5.5 BR · 3,000 sqft – 6,018 sqft · handover Q2 2028 · starting from AED 8.25M
Get the brochureVelor Penthouses is an off-plan project by Ginco Properties in Business Bay, Dubai. Ginco Properties lists it as on sale, with handover published for Q2 2028. Ginco Properties publishes 4-bedroom and 5-bedroom penthouses, from 3,000 to 6,018 sqft, starting from AED 8.25M. The published payment plan is 40/60: 20% on booking, 20% during construction and 60% on handover, with nothing to pay after handover.
Project data as published by Ginco Properties
Project data
| Developer | Ginco Properties |
| Status | On sale |
| Handover | Q2 2028 |
| Payment plan | 40/60 |
| Price from | AED 8.25M (AED 8,250,000) |
| Price per sqft | AED 2,750 at entry |
| Sizes | 3,000 – 6,018 sqft |
Velor Penthouses payment plan
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction | 20% |
| Upon Handover | 60% |
This project’s starting price is above AED 2 million. How off-plan counts for the Golden Visa →
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Velor Penthouses floor plans and unit sizes
| Type | Size | From |
|---|---|---|
| 4.5 BR Penthouse | 3,000 sqft | AED 8,250,000 |
| 5.5 BR Penthouse | 6,018 sqft | AED 17,955,000 |
Ginco Properties publishes these prices for Velor Penthouses: 4.5 BR penthouses from AED 8,250,000 (3,000 sqft); 5.5 BR penthouses from AED 17,955,000 (6,018 sqft).
About Velor Penthouses, as published by Ginco Properties
Project Overview Velor is a refined luxury residential development designed around elegance, premium living, and bespoke experiences. The project stands out with a striking architectural presence, featuring sleek lines, bold contours, expansive windows, and panoramic views that create a strong sense of openness and grandeur. Its façade adds a distinctive character to an already prestigious urban setting, blending visual impact with thoughtful functionality. The residences are designed with spacious, light-filled interiors, open-plan layouts, premium finishes, and large windows that frame scenic views. Each apartment is crafted to deliver comfort, refinement, and a sense of elevated living. Kitchens feature state-of-the-art appliances, custom cabinetry, and premium stone countertops, while spa-inspired bathrooms create a relaxing private retreat. The apartments are delivered unfurnished, allowing residents to personalize their homes while enjoying a premium design foundation. Location & Amenities Located in Downtown Dubai, Velor benefits from one of the city’s most iconic and sought-after districts. Downtown Dubai is home to world-famous landmarks such as Burj Khalifa, Dubai Mall, and Dubai Fountain, offering residents direct access to luxury shopping, fine dining, entertainment, hotels, and cultural attractions. The area is strategically positioned along Sheikh Zayed Road, close to Al Wasl and Business Bay, providing strong connectivity to key commercial and residential destinations. Downtown Dubai is also ideal for residents who prefer an active, walkable, and well-connected lifestyle, with upscale hotels, leisure venues, shopping destinations, and everyday conveniences nearby.
Amenities at Velor Penthouses
- Zen Area
- Fitness Center
- Female Spa
- Zen Garden
- Zen Lounge
- Infinity Pool
- Kid’S Play Area
- Male Spa
- Bbq Area
- Kids Pool
- Executive Lounge
Where Velor Penthouses is
Off-plan in Business Bay, Dubai · Open in Google Maps
| Kids Castle Nursery in Business Bay, Downtown Dubai | 3 KM |
| Dubai International Airport | 15.1 KM |
| Downtown Dubai | 1.3 KM |
| Burj Park | 1.1 KM |
| Mercato Beach | 6 KM |
| Souk Al Bahar | 0.75 KM |
Velor Penthouses: questions buyers ask
What is the payment plan for Velor Penthouses?
Velor Penthouses is sold on a 40/60 payment plan: 20% on booking, 20% during construction and 60% on handover, as published by Ginco Properties.
How much is the booking amount at Velor Penthouses?
About AED 1.65M: the 20% booking share on the starting price of AED 8.25M, plus the 4% DLD fee of about AED 330K. There is no commission when you buy from the developer. See off-plan fees.
Can I pay after handover at Velor Penthouses?
No. The published plan for Velor Penthouses is paid in full by handover. If you sell before handover, this is how it works.
When is Velor Penthouses handed over?
Q2 2028, about 20 months from now, as published by Ginco Properties. Handover dates can move: what happens if handover is late.
What unit types and sizes are there at Velor Penthouses?
Velor Penthouses lists 4 BR penthouse from 3,000 sqft; 5 BR penthouse from 6,018 sqft, as published by Ginco Properties.
Is Velor Penthouses open for booking?
Yes. Ginco Properties lists Velor Penthouses as on sale. We request the current price list and availability from the developer for you. How to check a project is registered. Buying off-plan in the UAE as a foreigner.
What is the starting price of Velor Penthouses?
AED 8,250,000 in Business Bay, Dubai, as published by Ginco Properties.
More from Ginco Properties
All Ginco Properties projects →Information, not an offer; permit on request. Prices and dates as published by Ginco Properties.
starting from
AED 8.25M
handover Q2 2028
