Velos Residence
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
What Motor City rents for, and what this building yields, below.
McCone Properties
Managing Partner
Renting in Velos Residence? Our team can walk you through what these numbers mean for you.
- Community
- Motor City
- Nearest metro
- InsuranceMarket Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- First on record
- 2025 — an off-plan sale
- Sales on record
- 104 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 100% — 104 bought off-plan from the developer, 0 resales of a completed home
Every recorded sale in Velos Residence — prices, sizes and the year it was handed over →
Living in Motor City — the area guide →
What a home in Velos Residence returns on its rent — the yield calculator →
The area, not the building
Recorded rents in Motor City
The register does not name Velos Residence on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from Motor City. The full Motor City rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 50,000 | 50,218 | 52,000 | 45,326 | 77 | 225 |
| 1 B/R | 72,000 | 72,245 | 74,769 | 70,000 | 72 | 850 |
| 2 B/R | 115,000 | 112,522 | 118,000 | 110,000 | 72 | 551 |
| 3 B/R | 180,000 | 198,479 | 185,000 | 175,000 | 72 | 202 |
| 4 B/R | 263,750 | 301,664 | 270,000 | 262,500 | 74 | 38 |
| 5 B/R | 450,000 | 465,085 | 450,000 | 405,000 | 68 | 12 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Nearby
What else to look at in Motor City
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Sobha Solis Tower D | 305 | 2025 | 2,105 |
| Sobha Solis Tower B | 605 | 2025 | 2,010 |
| Sobha Solis Tower C | 496 | 2025 | 2,010 |
| Sobha Orbis Tower D | 237 | 2025 | 1,980 |
| Sobha Solis Tower A | 735 | 2025 | 1,960 |
| Binghatti Skyterracesnewest | 810 | 2026 | 1,794 |
| Sierra by Imannewest | 535 | 2025 | 1,680 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Velos Residence? Ejari, the DEWA move-in and your Makani number, explained.