Velos Residence, Motor City: sale prices and transactions
Velos Residence is a project registered with the Dubai Land Department (project no. 3816) in Motor City. Since October 2025, 104 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 88 sales closed at a median AED 22,005 per m² (AED 2,044 per sq ft).
- AED 22,005median price per m²
- AED 2,044median price per sq ft
- 104sales since 2025
- 88sales in 12 months
Its price per m² is 17.8% above the Motor City median (AED 18,680/m²). All sales were registered off-plan: the project is sold before completion.
Velos Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 38 | AED 832,888 | 34 m² |
| Apartment · 1 bedroom | 39 | AED 1,281,338 | 65 m² |
| Apartment · 2 bedrooms | 11 | AED 2,090,777 | 97 m² |
Velos Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2025 | 47 | AED 21,836 | AED 2,029 | — |
| 2026 (to mid-October) | 57 | AED 21,648 | AED 2,011 | -0.9% |
Location
- Nearest metro: Sharaf Dg Metro Station
- Shopping mall: Mall of the Emirates
- Landmark: Motor City
Velos Residence off-plan: official sheet, progress and price list
Developer: City View Urban Real Estate Development L.L.C, all projects
Neighbouring projects in Motor City
Same price per m² elsewhere in Dubai
- Park Views Residences B, Wasl 1 — AED 21,990/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 19, Mohammed Bin Rashid Al Maktoum City District One — AED 22,114/m²
- DAMAC Heights, Dubai Marina — AED 21,984/m²
- Azizi Riviera 38, Meydan One Community — AED 22,145/m²
Other projects in Motor City
- Sobha Solis — AED 21,689/m²
- Sobha Orbis — AED 21,312/m²
- Green Community Motor City, Phase II - Casa Familia — AED 20,967/m²
- Takaya — AED 20,538/m²
- Mirdad — AED 20,242/m²
- 15 Cascade — AED 20,012/m²
- Binghatti Skyterraces — AED 19,332/m²
- Sierra by Iman — AED 18,083/m²
Motor City property prices · Motor City rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Velos Residence?
Over the last 12 months the median is AED 2,044 per sq ft (AED 22,005 per m²) across 88 DLD sales.
How much is a studio at Velos Residence?
Median sale price AED 832,888 for a median 34 m², across 38 sales over the last 12 months.
How many sales have been registered at Velos Residence?
104 residential sales registered with the DLD between October 2025 and October 2026, 100% of them off-plan.
Where is Velos Residence?
In Motor City (DLD area Al Hebiah First), Dubai; nearest metro station per the DLD: Sharaf Dg Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.