22
  • Property Type
  • Penthouse, Residential
  • 4,5
  • Bedrooms
  • 3000
  • Area Size
  • Ginco Properties
  • Developer
  • 2027
  • Hand Over Year

Velor Penthouses by Ginco Properties in Downtown Dubai

  • AED 8,250,000

Inventory

TitleTypePriceBedsSize
4 bedroomPenthouseAED 8,250,00043,000 Sq.ft
Number of Units46
Avg. per SQ.FTAED 2,750

Payment Plan

Payment TitlePercentageAmount
On booking10%AED 825,000
On booking50%AED 4,125,000
Upon Handover40%AED 3,300,000
Layout Image
TitleTypePriceBedsSize
5 bedroomPenthouseAED 17,955,00056,018 Sq.ft
Number of Units3
Avg. per SQ.FTAED 2,984

Payment Plan

Payment TitlePercentageAmount
On booking10%AED 1,795,500
On booking50%AED 8,977,500
Upon Handover40%AED 7,182,000
Layout Image

Description

Velor Penthouses – Ultra-Luxury 4 & 5 Bedroom Penthouses in Downtown Dubai

Velor Penthouses is an exclusive collection of luxury 4 and 5-bedroom residences by Ginco Properties, located in the heart of Downtown Dubai. Rising 26 storeys above the city, the tower is designed with sleek lines, bold contours, and expansive floor-to-ceiling windows that capture panoramic views of the Burj Khalifa and Dubai’s skyline. Scheduled for completion in Q4 2027, units start from AED 8.25M with a flexible 10/50/40 payment plan.

Each penthouse at Velor embodies elegance and refinement, featuring premium finishes, spacious open layouts, and large balconies that create a seamless indoor-outdoor experience. Moreover, residents enjoy exclusive access to world-class amenities and wellness-focused spaces, making Velor Penthouses a distinctive address for those who value both sophistication and comfort.

Unit and Price Details for Velor Penthouses

Unit TypeSize (sq.ft)Starting Price (AED)
4 Bedroom Penthouse3,0008,250,000
5 Bedroom Penthouse6,01817,955,000

Key Features & Amenities at Velor Penthouses

Penthouse Features

  • Expansive open-plan layouts with floor-to-ceiling windows
  • Premium stone countertops and custom cabinetry
  • Spacious balconies framing iconic Downtown views
  • Modern kitchens with high-end appliances

The interiors of Velor Penthouses are carefully designed with light-filled spaces and premium finishes. As a result, every home radiates elegance, providing a unique blend of modern luxury and functional comfort.

Community Amenities

  • Infinity pool and kids’ pool
  • Zen gardens, lounge, and relaxation zones
  • Fully equipped fitness centre
  • Separate male and female spa facilities
  • Executive lounge, BBQ area, and kids’ play area

Velor Penthouses goes beyond offering homes — it creates a lifestyle. In addition to wellness-focused spaces and entertainment zones, residents benefit from a community atmosphere that emphasizes relaxation and exclusivity.

Payment Plan for Velor Penthouses

StagePercentageDescription
Booking10%On reservation
During Construction50%Installments throughout the building phase
Handover40%On Q4 2027 completion

The developer offers a convenient payment structure, allowing investors to secure a premium Downtown penthouse with only 10% down, followed by balanced installments until handover.

Location & Connectivity – Velor Penthouses in Downtown Dubai

Velor Penthouses enjoys a prime location in Downtown Dubai, just minutes from Burj Khalifa, Dubai Mall, and Souk Al Bahar. Residents are only 15 km from Dubai International Airport, with Mercato Beach just 6 km away. In addition, Sheikh Zayed Road ensures seamless connectivity to Business Bay, DIFC, and Jumeirah, making this a truly central address in the “centre of now.”

About the Developer – Ginco Properties

Ginco Properties, part of the established Ginco Group, has been delivering iconic developments since 1975. Led by Chairman Mr. Gheyath Mohammad Gheyath, the company is recognized for innovation, quality, and attention to detail. With Velor Penthouses, Ginco continues its legacy of excellence by introducing a landmark project that redefines luxury living in Downtown Dubai.

Floor Plans & Unit Types in Velor Penthouses

Velor offers two distinct penthouse options: spacious 4-bedroom layouts starting at 3,000 sq.ft, and ultra-luxury 5-bedroom residences extending over 6,000 sq.ft. Each unit is designed with expansive living spaces, panoramic views, and bespoke finishes, ensuring a lifestyle of exclusivity and comfort.

Market Stats & ROI for Downtown Dubai

Downtown Dubai continues to command high demand, with rental yields averaging 6% to 7% as of 2024. Notably, luxury properties in the area enjoy strong occupancy due to their proximity to landmarks and premium lifestyle offerings, making Velor Penthouses a secure choice for long-term capital growth and rental returns.

Why Invest in Velor Penthouses by Ginco Properties

Velor Penthouses represents a rare opportunity to own a luxury penthouse in Downtown Dubai at competitive prices starting from AED 8.25M. Its combination of spacious layouts, world-class amenities, and a central location ensures both strong capital appreciation and high rental demand.

In addition, Ginco Properties’ proven track record of delivering quality developments adds confidence for buyers. As a result, Velor Penthouses presents one of the most compelling investment opportunities in Dubai’s luxury property segment.

Frequently Asked Questions about Velor Penthouses

What is Velor Penthouses by Ginco Properties?

Velor Penthouses is a luxury residential project in Downtown Dubai offering 4 and 5-bedroom penthouses with premium finishes and world-class amenities.

When will Velor Penthouses be completed?

The estimated handover date for Velor Penthouses is Q4 2027.

What is the starting price for Velor Penthouses?

Units in Velor Penthouses start from AED 8.25 million for 4-bedroom layouts, with 5-bedroom residences priced from AED 17.95 million.

What is the payment plan for Velor Penthouses?

Buyers can pay 10% on booking, 50% during construction, and 40% at handover in 2027.

Who is the developer of Velor Penthouses?

The developer is Ginco Properties, part of the Ginco Group established in 1975, known for delivering iconic projects worldwide.

Details

  • Price: AED 8,250,000
  • Property Size: 3000 sqft
  • Bedrooms: 4,5
  • Property Type: Penthouse, Residential
  • Property Status: Developer
  • Hand Over Year: 2027
  • Developer: Ginco Properties
  • Post Handover: No
  • Ready: No
  • Permit:Permit QR Code
  • Handover Year: 2027
  • Payment Plan: 60/40
  • Price/Sq.ft Rank: 25
Permit
Permit QR Code

Property Location & Nearby Amenities

City: Dubai
Area: Downtown
State/County: Dubai
Country: United Arab Emirates

Nearby Places

Iranian Hospital - Dubai
Hospital
6.9 km
16 mins
Mercato Shopping Mall
Shopping Mall
10.5 km
15 mins
GEMS Our Own Indian School
School
4.5 km
7 mins
Dubai International (DXB)
Airport
18.7 km
19 mins
Al Maktoum International
Airport
52.7 km
44 mins
DWTC Heliport
Airport
8.3 km
11 mins

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