The Vela Dorchester Collection
Three-beds to four-beds in Business Bay. 3 apartments sold in the last 12 months; every sale, rent and unit is below.
About The Vela Dorchester Collection
The Vela Dorchester Collection is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. It was developed by Downtown Creek Real Estate Development and rises 27 storeys. Its neighbours include Vela Viento, The Residences at Business Central and Windsor Manor Tower. The building has 25 apartments, all with three or four bedrooms. Sizes run from 4,253 to 8,462 sqft. Business Bay station on the Red Line serves the district from the Sheikh Zayed Road side, and Burj Khalifa/Dubai Mall is one stop north. That station is about 2.4 km from the building. Within walking distance are Kids Castle nursery (about 200 m), Crystal Swim Academy (about 400 m), the Cartimi store (about 100 m), KLINIKA BY Magic Style (about 600 m) and a park (about 100 m). Dubai Burburry Established is about 700 m away.
25 apartments over 27 floors: 20 three-beds of 4,253 to 6,361 sqft and 5 four-beds of 7,264 to 8,462 sqft.
3 apartments sold in the 12 months to November 2026, at a median of AED 6,769 per sqft.
- Developer
- Downtown Creek Real Estate Development
- Floors
- 27
- Units
- 25
- Unit types
- 3-bed to 4-bed
Average prices in The Vela Dorchester Collection
In The Vela Dorchester Collection, typical sale prices over the last 12 months were around AED 33,910,000 for three-beds and AED 60,730,000 for four-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in The Vela Dorchester Collection
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in The Vela Dorchester Collection
- Off-plan3-bed · 6,361 sqft 02 Nov 2026AED 38,997,1266,130 /sqft
- Off-plan3-bed · 6,361 sqft 02 Nov 2026AED 38,997,1266,131 /sqft
- Off-plan4-bed · 7,373 sqft 27 Apr 2026AED 60,730,1108,236 /sqft
- Off-plan3-bed · 4,256 sqft 07 Apr 2026AED 28,813,5006,769 /sqft
- Off-plan4-bed · 7,350 sqft 10 Feb 2025AED 50,318,1006,845 /sqft
- Off-plan3-bed · 6,301 sqft 20 Aug 2024AED 42,903,0006,808 /sqft
- Off-plan3-bed · 5,987 sqft 26 Jun 2024AED 36,417,2296,082 /sqft
- Off-plan3-bed · 6,047 sqft 26 May 2024AED 44,602,5007,376 /sqft
- Off-plan4-bed · 8,461 sqft 21 May 2024AED 74,042,1918,750 /sqft
- Off-plan3-bed · 4,256 sqft 01 Mar 2024AED 31,481,8357,396 /sqft
Over the last 12 months, The Vela Dorchester Collection has recorded 3 apartment sales. Typical homes sold for around AED 39M (about AED 6,769 per sqft) with a median size of 6,361 sqft; most were three-beds, from roughly AED 28.81M to AED 60.73M.
Units in The Vela Dorchester Collection
25 units- Unit 2013-bed · 5,988 sqftSold AED 36.42M, Jun 2024
- Unit 3014-bed · 7,351 sqftSold AED 50.32M, Feb 2025
- Unit 4013-bed · 6,361 sqftSold AED 33.56M, Jan 2024
- Unit 4023-bed · 6,337 sqftSold AED 43.88M, Dec 2023
- Unit 5023-bed · 4,257 sqftSold AED 27.66M, Nov 2023
- Unit 6013-bed · 6,361 sqftSold AED 37.46M, Jan 2024
- Unit 6023-bed · 6,047 sqftSold AED 44.24M, Jan 2024
- Unit 7023-bed · 4,257 sqftSold AED 28.54M, Dec 2023
- Unit 8023-bed · 6,047 sqftSold AED 44.6M, May 2024
- Unit 9014-bed · 7,373 sqftSold AED 60.73M, Apr 2026
Nearby buildings in Business Bay
All 187 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Vela Viento | 2027 | AED 6,122 | ||
| The Residences at Business Central | 2013 | AED 1,405 | AED 89 | 6.3% |
| Windsor Manor Tower | 2010 | AED 1,222 | AED 70 | 5.7% |
| Dorchester Collection | 2022 | AED 6,553 | AED 302 | 4.6% |
| Residence 22 (Formerly Fareed Tower) | 2016 | Few sales | AED 310 | |
| Enara by Omniyat | Few sales | |||
| CORP Executive Tower (Radisson Blu Hotel) (Crystal Tower) | 2010 | Few sales | ||
| Tiger Sky Tower | AED 2,121 | |||
| Al Noor Tower | Few sales | AED 71 | ||
| B2B Tower | 2015 | Few sales |
The Vela Dorchester Collection in numbers
- Across 3 DLD sales in the 12 months to November 2026, the median price in The Vela Dorchester Collection was AED 6,769 per sqft and the typical home sold for about AED 39M.
- By Downtown Creek Real Estate Development ; 27 floors of three-beds to four-beds.
Source: Dubai Land Department. Updated 2 November 2026.
Questions about The Vela Dorchester Collection
How much does a three-bed in The Vela Dorchester Collection cost?
2 three-beds sold in the 12 months to November 2026; the median was AED 33,905,313, or AED 6,450 per sqft.
Who built The Vela Dorchester Collection and when?
Downtown Creek Real Estate Development ; 27 floors; 25 apartments.
How many apartments are there in The Vela Dorchester Collection?
25, three-beds to four-beds. Each has its own page with its full sales and rental history.
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