- From
- AED 806K
- ≈ $219K
- Handover
- Q2 2028
- Homes
- Studio to 2 bed
- 357 – 1,234 sqft
Price per sqft vs registered sales
Dubai Land Department open dataAED 1,844/sqft (est.)
The DLD median for apartments in Motor City is AED 1,802/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 60 was scored
5 of 7 factors · 85% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes
Capped at 60: a project scores at most 15 above its developer's rating of 45. The factors alone give 63.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 60
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2028
Under construction
What this means
Velos Residence is due to hand over in Q2 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
20/15/65
- Down payment
- 20%
- During construction
- 15%
- On handover
- 65%
One of 2 plans listed on Property Finder
What you’d pay and when
On the starting price of AED 805,777, as the plan splits it.
- 20% at bookingAED 161,155≈ $43.9K
- 15% during construction, until handover (Q2 2028)AED 120,867≈ $32.9K
- 65% on handover (Q2 2028)AED 523,755≈ $143K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 806KStudio
357 – 489 sqft
1 bed
669 – 897 sqft
2 bed
991 – 1,234 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | Studio | 357 – 489 | AED 806K | AED 2,257 |
| Apartment | 1 bed | 669 – 897 | AED 1.23M | AED 1,844 |
| Apartment | 2 bed | 991 – 1,234 | AED 1.92M | AED 1,941 |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Velos Residence. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/city-view/velos-residence), read 2026-09-24; found in the Dubai web sweep; 55 off-plan sales registered with the DLD in 2026 under "Velos Residence". Launch date from Property Finder's sales start date.
About
Velos Residence is CITYVIEW's apartment tower in Motor City, Dubai, with studios to two-bedroom apartments from about 357 to 1,234 sq ft.
Read more
Prices start at AED 805,777 on a 20% booking, 15% during construction and 65% on handover plan, with handover listed for the second quarter of 2028.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- CITYVIEW apartment tower in Motor City
- Studios to two-bedroom apartments from 357 sq ft
- 20/15/65 payment plan
- Handover Q2 2028
- Developer
- CITYVIEW Developments
- Area
- Motor City
- Status
- Under construction
- Sales launch
- 14 Feb 2026
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
Motor City · Dubai
Union Properties' community around the Dubai Autodrome, built from 2005: the Green Community villas and the Uptown Motor City apartment blocks.
More in Motor City
Compare side by sideAll projects in Motor CityVelos Residence: questions buyers ask
How much does Velos Residence cost?
Prices at Velos Residence start from AED 805,777 and reach AED 1,923,777 (about $219K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Velos Residence?
The asking price is around AED 1,844 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Velos Residence handover date?
Velos Residence is expected to hand over in Q2 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Velos Residence payment plan?
Velos Residence is offered on a 20/15/65 plan: 20% on booking, 15% during construction and 65% at handover. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Velos Residence?
Velos Residence scores 60 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Motor City according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Velos Residence?
Velos Residence is being developed by CITYVIEW Developments. It sits in Motor City, Dubai. You can see every project by CITYVIEW Developments we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Velos Residence?
Velos Residence is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Velos Residence registered with DLD?
We do not yet hold a project registration number for Velos Residence. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/city-view/velos-residence), read 2026-09-24; found in the Dubai web sweep; 55 off-plan sales registered with the DLD in 2026 under "Velos Residence"
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