Binghatti
Mercedes-Benz Places
Downtown Dubai, Dubai
From AED 8,800,000
- Payment plan70/30
- HandoverQ4 2026
- Units2–5 BR · Apartments, duplexes, penthouses
- Home
- Off-plan projects
- Dubai
- Downtown Dubai
- Velor Penthouses
Off-plan
Golden Visa guidance
Velor Penthouses
Velor Penthouses is an off-plan penthouses development by Ginco Properties in Downtown Dubai, with homes from AED 8,250,000 on a 60/40 payment plan and handover expected in Q4 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 8,250,000
Overview
Penthouses in Downtown Dubai.
Close to some of the city’s best-known addresses, Velor offers bespoke services and interiors finished with care.
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.
Details
Key facts.
- Developer
- Ginco Properties
- Area
- Downtown Dubai, Dubai
- City
- Dubai
- Starting price
- AED 8,250,000
- Status
- Off-plan
- Handover
- Q4 2027
- Property types
- Penthouse
- Unit types
- 4–5 BR · Penthouses
- Payment plan
- 60/40
- Golden Visa
- Priced from AED 2M
Gallery
Project photos.
Amenities
Life in and around the building.
- Children's Pool
- Shared Gym
- Balcony
- Children's Play Area
- Shared Pool
- Covered Parking
- Lobby in Building
- View of Landmark
Payment plan
60/40, paid in 3 steps.
60% before handover40% on handover
- 110%Down paymentOn booking
- 250%Construction instalmentsDuring construction
- 340%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 10% | 825,000 |
| Construction instalments | 50% | 4,125,000 |
| Handover payment | 40% | 3,300,000 |
| Total | 100% | 8,250,000 |
*Worked example on the starting price of AED 8,250,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
Unit types & sizes.
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | 3000 |
| Unit type | Size (sq ft) |
|---|---|
| 5 bedrooms | 6018 |
Location
In Downtown Dubai.
Investment
The numbers, worked out.
- Entry price
- AED 8,250,000
- Paid before handover
- AED 4,950,000 (60%)
- Due on handover
- AED 3,300,000 (40%)
- DLD registration (4%)
- AED 330,000 verify
- Golden Visa threshold
- From-price is AED 2M or more
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About Ginco Properties.
- Projects on Sovereign
- 2
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the starting amount at Velor Penthouses?
Homes at Velor Penthouses start from AED 8,250,000 for 4-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
What is the payment plan for Velor Penthouses?
Ginco Properties offers a 60/40 payment plan: 60% during construction and 40% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at Velor Penthouses?
Handover is expected in Q4 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at Velor Penthouses?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does Velor Penthouses qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of Velor Penthouses?
Velor Penthouses is developed by Ginco Properties. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for Velor Penthouses?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Velor Penthouses.
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Questions about
this project?
Ask about availability, the payment plan or resale rules.