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Dubai building data

Velos Residence: sale prices and rents

فيلوس ريزيدنس

Registered sales and rent contracts for the building Velos Residence in Motor City, from Dubai Land Department open data.

Velos Residence (Motor City): 108 registered sales in the 12 months to September 2026, median AED 2,044 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
108
no comparison vs previous 12 months
Median price per sq ft
AED 2,044 per sq ft
no comparison vs previous 12 months
Median sale price
AED 1.2m
Off-plan share of sales
100%
Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales
Mortgage registrations
under 3

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in Velos Residence

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan108AED 2,044 per sq ft1,837 – 2,254
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in Velos Residence

Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in Velos Residence

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio43AED 2,258 per sq ftunder 3 rent contractsunder 3 sales
1 bedroom48AED 1,831 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms12AED 2,044 per sq ftunder 3 rent contractsunder 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in Velos Residence

MonthSalesMedian per sq ftRent contracts
Oct 202522AED 1,961 per sq ftunder 3
Nov 202511AED 2,044 per sq ftunder 3
Dec 202514AED 2,049 per sq ftunder 3
Jan 202616AED 2,098 per sq ftunder 3
Feb 20268AED 1,865 per sq ftunder 3
Mar 202619AED 2,208 per sq ftunder 3
Apr 20265AED 2,173 per sq ftunder 3
May 20264AED 2,011 per sq ftunder 3
Sep 20267AED 1,763 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
202547AED 2,029 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

Velos Residence is a building in the DLD area Al Hebiah First.

Figures for Motor City

Velos Residence belongs to the project Velos Residence.

Figures for Velos Residence

Names as in the registered transactions and rent contracts; company names are not shown.

More buildings in Motor City

  • ANANDA RESIDENCES-A 269 registered transactions and rent contracts in 12 months.
  • Rabdan 227 registered transactions and rent contracts in 12 months.
  • 15 CASCADE 167 registered transactions and rent contracts in 12 months.
  • Beverly Grande 142 registered transactions and rent contracts in 12 months.
  • Mirdad 1 129 registered transactions and rent contracts in 12 months.
  • EDEN APARTMENTS 109 registered transactions and rent contracts in 12 months.

Questions about Velos Residence

How many sales were registered in Velos Residence?
108 sales were registered in Velos Residence in Oct 2025 – Sep 2026.
What is the median price per sq ft in Velos Residence?
The median price of registered sales in Velos Residence was AED 2,044 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is Velos Residence in?
Velos Residence is registered in the Dubai Land Department area Al Hebiah First (Motor City).

Method and source

All Dubai buildings with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae