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Under construction

Velor by Ginco Properties

Price from

AED 8,250,000≈ $2,246,426 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 29,603 per m² ≈ $8,061

pricier than 75% of city projects: +49%

Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Condominium
Area
279 - 559 m²
Bedrooms
4 - 5
Completion
Q4 2027
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
10%

Price

Is this expensive for the city

$8,061 per m², Dubai median $5,399

$38$52,299

+49% vs the city median (Dubai), sample of 372 projects. pricier than 75% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

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What it really costs

Payment plan

  1. 10%Step 1 · On booking$224,643
  2. 4%Step 2 · Tax$89,857
  3. 50%Step 3 · Before commissioning$1,123,213
  4. 40%Step 4 · On transfer$898,570
Total
$2,246,426

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$1,123,213$6,278,557
$2,246$33,696

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$8,659
Annual income
$103,915
Gross yield
5.7%
Net yield
4.6%
Value in 5 years
$3,006,225
5-year ROI
57%
See calculation details
Gross annual rent
$128,201
Common area fee
-$221
Tax (10%)
-$12,820
Agent commission
-$11,246
Net annual income
$103,915
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.3. This is a multi-year normal, not a weather forecast.

About the project

Properties
Condominium
Completion
Q4 2027
Status
Under construction
Area
279 - 559 m²

Description

Ginco Properties is developing Velor by Ginco Properties in Dubai. The project is currently under construction, with completion set for December 2027.

The residences come with 4 or 5 bedrooms, ranging in size from 278.69 to 559.07 sqm. This area range places the units firmly in the large-family segment, with room for multiple bedrooms and extended living space.

Prices start at AED 8,250,000 and go up to AED 19,215,000, with a price per square meter of AED 29,603. The gap between the lowest and highest prices tracks the area range: the smaller 4-bedroom residences sit at the lower end, while the largest 5-bedroom layouts reach the top of the range.

The project is located in the Dubai region, in the city of Dubai, United Arab Emirates.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $2,246,426Rate as of 2026-10-14

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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