Velos Residence

P3 — Under Development Off-Plan Primary
Developer City View Urban Real Estate Development LLC
Community Uptown Motorcity
Property type Apartment
Data updated Mar 24, 2026

Velos Residence is a Under Development development by City View Urban Real Estate Development LLC in Uptown Motorcity. 83 units across 1 Bedroom (48%), Studio (41%), 2 Bedroom (11%). Over the trailing 12 months, 85 sales at a median of AED 1,249,144.

Key Metrics
Median Price
Value
AED 1,249,144
Transactions
Value
85
Change
85 in period
Price / sqft
Value
AED 2,037
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,249,144
Transactions
85
↑ 85 in period
Price / sqft
AED 2,037
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
3.0%
Community avg
Holding Period
Value
5.8 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
3.0%
Community avg
Holding Period
5.8 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 34 units · 41%
1 Bedroom 40 units · 48%
2 Bedroom 9 units · 11%

Transaction Breakdown

All time — 85 transactions
Off-Plan Primary
85

Price History

Median Price — Velos Residence

Median prices in Velos Residence have remained broadly stable over the past 6 months, hovering around AED 1.3M.

Recent Transactions

Showing last 10 of 85
Date Type Price (AED) Size (sqft) AED/sqft
Mar 24, 2026 OP Primary 1,313,777 671 1,957
Mar 13, 2026 OP Primary 809,188 361 2,239
Mar 13, 2026 OP Primary 1,292,738 707 1,826
Mar 05, 2026 OP Primary 1,261,803 829 1,520
Mar 05, 2026 OP Primary 1,364,777 745 1,830
Mar 04, 2026 OP Primary 814,826 357 2,280
Mar 02, 2026 OP Primary 814,583 361 2,254
Mar 02, 2026 OP Primary 797,788 361 2,207
Mar 02, 2026 OP Primary 2,224,777 1,053 2,111
Feb 27, 2026 OP Primary 797,788 360 2,212

This project is in Uptown Motorcity

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