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Building · Business Bay

Properties for sale in The Vela Dorchester Collection

Nothing for sale here with McCone right now — 26 sales are on record at the Dubai Land Department, below.

Recorded rents and gross yield for The Vela Dorchester Collection →

Median sale price
AED 39M
26 sales · the last three years
Mean AED 41M
Median per sq ft
AED 6,789
No earlier window to compare
Mean AED 6,829
Last recorded sale
April 2026
Registered at the DLD
Activity, 90 days
No sales
below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

6,761
6,789
6,845
6,769
2023202420252026

The low was 2023 at AED 6,761 a square foot, and it has recovered 0% since. It is still 1% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
3 B/R6,047 sqft37,460,43036,773,0356,71721
4 B/R7,373 sqft60,730,11059,496,7837,2915

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in The Vela Dorchester Collection

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
27 Apr 20264 B/R7,37360,730,1108,236
7 Apr 20263 B/R4,25728,813,5006,769
5 Feb 20263 B/R6,04740,615,4526,717
11 Feb 20254 B/R7,35150,318,1006,845
20 Aug 20243 B/R6,30242,903,0006,808
26 Jun 20243 B/R5,98836,417,2296,082
27 May 20243 B/R6,04744,602,5007,376
22 May 20244 B/R8,46274,042,1918,750
1 Mar 20243 B/R4,25731,481,8357,396
26 Jan 20243 B/R4,25728,813,5006,769
22 Jan 20243 B/R6,36138,193,7506,004
22 Jan 20243 B/R4,25731,186,4707,327

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

6
16
1
3
2023202420252026

Of the 26 sales on record, 26 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.

Where the market is moving

The busiest buildings in Business Bay

The Vela Dorchester Collection sold 0 completed homes in the ninety days to 3 Sept 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Three432.0×
2Peninsula Four23New to resale
3Peninsula Two2346.0×
4Noura Tower181.9×
5Nobles Tower161.2×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 3 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 3 Sept 2026.

We are not marketing anything in The Vela Dorchester Collection today, but we know it and we hear about homes before they list. Tell us what you are after.

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