OMNIYAT "Vela Dorchester Collection"
Omniyat Properties · Business Bay · Dubai
SKID Score5.9 / 10
SKID Score
5.9 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 44M
- Payment plan
- Down payment 25%.
- Handover
- Sep 2027
- Available units
- 3–4 beds · Freehold
- Gross yield
- 1.6%
- Fair value
- -199.8%
- Risk
- Medium
- At handover
- 75% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 1.6%
- Fair value
- -199.8%
Last evaluated: 2026-10-12
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 5.9
| Factor | Weight | Score |
|---|---|---|
Location Established prime district | 22.2% | 6.8/ 10 |
Entry price Launch is -199.8% versus median DLD sale price per sq ft in this community | 16.7% | 3.2/ 10 |
Developer 1 other catalog project(s) already past their published handover | 16.7% | 6.6/ 10 |
Supply / competition Heavy competing supply: 49 other launches in Business Bay | 11.1% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 11.1% | 8.4/ 10 |
Rental yield Implied gross yield is 1.6% against community rents | 8.3% | 3.8/ 10 |
Delivery risk Handover sits in a typical off-plan window | 5.6% | 8.6/ 10 |
Service charges Service charge published at 45 | 2.8% | 4.0/ 10 |
Exit liquidity 2988 closed sales in the last year in this community | 5.6% | 8.6/ 10 |
Strong
- • Community closed-sale trend is +8.0% year on year
- • Handover sits in a typical off-plan window
- • 2988 closed sales in the last year in this community
Watch
- • Established prime district
- • 1 other catalog project(s) already past their published handover
Risk
- • Launch is -199.8% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 49 other launches in Business Bay
- • Implied gross yield is 1.6% against community rents
- • Service charge published at 45
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for Omniyat Properties: 6.6 / 10 from catalog delivery history. 1 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community read for Business Bay: location 6.8 / 10, supply 3.6 / 10. Established prime district Heavy competing supply: 49 other launches in Business Bay
Pricing agent: Launch is -199.8% versus median DLD sale price per sq ft in this community Service charge published at 45 2988 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 1.6% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for Omniyat Properties: 6.6 / 10 from catalog delivery history. 1 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community
Community read for Business Bay: location 6.8 / 10, supply 3.6 / 10. Established prime district Heavy competing supply: 49 other launches in Business Bay
Pricing
Pricing agent: Launch is -199.8% versus median DLD sale price per sq ft in this community Service charge published at 45 2988 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 1.6% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.
Payment plan
Payment Plan 75% is due at or after handover. Down payment 25%.
Location
Business Bay · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Ready · Apartment | AED 1.3M | 655 | 1,985 |
| 2026-07-07 | Ready · Apartment | AED 1.64M | 782 | 2,092 |
| 2026-07-07 | Off-plan · Apartment | AED 18M | 5,619 | 3,203 |
| 2026-07-07 | Off-plan · Apartment | AED 10.02M | 3,287 | 3,048 |
| 2026-07-07 | Ready · Apartment | AED 1M | 486 | 2,059 |
| 2026-07-07 | Ready · Apartment | AED 2.05M | 1,747 | 1,174 |
| 2026-07-07 | Ready · Apartment | AED 1.5M | 830 | 1,808 |
| 2026-07-07 | Off-plan · Apartment | AED 2.23M | 1,009 | 2,205 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
3–4 beds · Apartments
AED 44M – AED 62.46M
6,302 – 7,212 sq.ft
From AED 65.72M
7,373 sq.ft
From 6302 sq ft / sq m as published
Service charge 45
Amenities
- Laundry
- Concierge Service
- ATM Facility
- Storage Areas
- Shared Pool
- Broadband Internet
- Kids’ Play Area
- Lobby
- Indoor Cinema
- SPA
- Resting Areas
- Shared Gym & Fitness Centre
- Dining outlets (coffee houses & restaurants)
- Retail Outlets
- Social Zone
- Lift
- Sitting Area
- Accessibility for people with disabilities
Compare
OMNIYAT "Vela Dorchester Collection"
From AED 44M · ★ 5.9 / 10
Questions about this launch
- Who is building OMNIYAT "Vela Dorchester Collection"?
- Omniyat Properties is the developer named on this launch.
- When is handover for OMNIYAT "Vela Dorchester Collection"?
- The published handover is Sep 2027.
- What is the starting price of OMNIYAT "Vela Dorchester Collection"?
- The published starting price is AED 44M.
- What does the SKID screen mean for OMNIYAT "Vela Dorchester Collection"?
- The SKID screen for this launch in Business Bay is 90 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.