Abu Dhabi Property Sales in October: AED 12.97bn of Home Sales, Up 30% in a Month

Ginco Properties

 JUN 2028

 On Sale

Apartments for Sale in
Velor Penthouses

 Downtown Dubai, Dubai

About Velor Penthouses

Standing proudly among global icons offering unparalleled access to bespoke experiences, Velor is where every detail is crafted with refinement and elegance — felt in every moment, every space, and every encounter.

Velor’s exterior is a true architectural triumph: sleek lines, bold contours, and expansive windows frame panoramic views, evoking openness and grandeur. The striking façade commands attention in a neighbourhood already rich with architectural splendour. This seamless blend of form and function creates a thoughtfully designed, visually captivating space.

Velor’s premium services and amenities deliver experiences that exceed expectations. Whether you are seeking relaxation, wellness, or recreation, the facilities cater to your every need.

Finishing and materials

At VELOR, each apartment is designed with attention to every detail. Spacious, light-filled interiors offer expansive living areas, creating a sense of openness that complements the building’s grand architecture. With premium finishes, large windows framing scenic views, and open-plan layouts, every apartment at VELOR is a perfect blend of premium living and comfort.

Kitchen and appliances

The kitchen features state-of-the-art appliances, custom cabinetry, and premium stone countertops, while spa-inspired bathrooms provide an unmatched level of relaxation.

Furnishing

No

Location description and benefits

As the name suggests, Downtown Dubai is the centre of Dubai, constantly evolving at a fast pace. Home to many landmarks and world-famous attractions, including Burj Khalifa, the Dubai Mall and Dancing Fountains, the area is a hub of activities.

The prime location keeps Downtown busy throughout the year. Constantly attracting tourists, there’re always some new things to do in Downtown Dubai. The area is best known for offering a luxurious lifestyle. It used to be a vertical community, but many villas have also been added to the real estate market. As per Bayut’s 2020 Rental Market Report, it is the second most popular area offering luxury apartments for rent after Dubai Marina. Downtown is well connected to other key commercial and residential areas in the city.

Strategically located along Sheikh Zayed Road, E11, across Al Wasl and bordering Business Bay, it is a pretty active and bustling neighbourhood. Downtown is one of Dubai’s best areas for non-drivers and frequent travellers. Many amenities, including upscale hotels, chic leisure points and massive shopping centres, make Downtown Dubai a sought-after address and “the centre of now.”

Location

Facilities

Zen Garden
Kids Pool
Infinity Pool
BBQ Area
Fitness Center
Zen Area
Kid’s Play Area
Executive Lounge
Male Spa
Female Spa
Zen Lounge
60

Available Units

Penthouse

Type: Penthouse

Bedrooms: 4.5 Bedrooms

Availability: Available

Price: AED 8,250,000 - 8,550,000

Deposit from: AED 4,950,000

Size: 3000.00 sqf

Parking: 2

Penthouse

Type: Penthouse

Bedrooms: 5.5 Bedrooms

Availability: Available

Price: AED 17,955,000 - 19,215,000

Deposit from: AED 10,773,000

Size: 6018.00 sqf

Parking: 2

Why this developer?

Established in 1975, GINCO Properties, part of the GINCO Group, has been a key player in global real estate development. Led by Chairman Mr. Gheyath Mohammad Gheyath, the company has consistently delivered iconic projects worldwide, driven by a team of world-class experts. With visionary leadership and strong partnerships, GINCO Properties aims to continue its legacy of success and contribute to the real estate industry with outstanding developments.

Ginco Properties sold more than 155 units in 2024, with a total sales value exceeding AED362,000,000

Payment Plans

  • On booking 60.00%
  • During construction 0.00%
  • Upon handover 40.00%
  • Post-Handover 0.00%
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