Sold Prices · DLD Data

    Velos Residence

    Al Hebiah First, Dubai · Motor City

    AED 2,120

    Avg Price / sqft

    AED 1.5M

    Avg Sale Price

    52

    DLD Sales Recorded

    3.5%

    Est. Gross Yield

    View listings Explore Al Hebiah First

    Market snapshot

    Velos Residence — the numbers

    Velos Residence is a residential building in Al Hebiah First, Dubai with approximately 412 units. Dubai Land Department records show 52 sales in the building, at an average price of AED 1.5M — around AED 2,120 per square foot.

    Since January 2026, 52 sales completed in Velos Residence, with the average price per square foot moving from AED 2,041 to AED 2,092 (+2.5%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Al Hebiah First, a typical unit in Velos Residence returns an estimated 3.5% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Hebiah First.

    Figures are from Dubai Land Department transaction records for Velos Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Al Hebiah First residential rents, before service charges.

    Price trend

    Price trend in Velos Residence

    Average sale price per sqft by month since January 2026+2.5%

    2,0232,1512,279Jan 26: AED 2,041/sqft · 16 salesJan 26Feb 26: AED 1,980/sqft · 13 salesFeb 26Mar 26: AED 2,322/sqft · 14 salesMar 26Apr 26: AED 2,201/sqft · 5 salesApr 26May 26: AED 2,092/sqft · 4 salesMay 26

    Unit types

    Prices by unit type

    Studio

    AED 840K

    AED 2,215/sqft

    24 sales · last 12 months

    1 Bed

    AED 1.3M

    AED 1,822/sqft

    19 sales · last 12 months

    2 Bed

    AED 2.1M

    AED 2,067/sqft

    4 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    21 May 2026Sales1671AED 1.3MAED 2,011
    19 May 2026Sales1702AED 1.2MAED 1,779
    19 May 2026Sales0419AED 879KAED 2,098
    05 May 2026Sales0341AED 845KAED 2,479
    29 Apr 2026Sales21,047AED 2.0MAED 1,910
    27 Apr 2026Sales0343AED 746KAED 2,173
    24 Apr 2026Sales0344AED 899KAED 2,613
    24 Apr 2026Sales0376AED 828KAED 2,205
    24 Apr 2026Sales0403AED 849KAED 2,103
    24 Mar 2026Sales1671AED 1.3MAED 1,957
    24 Mar 2026Sales-2,107AED 6.0MAED 2,847
    23 Mar 2026Sales-1,459AED 4.1MAED 2,822
    23 Mar 2026Sales-1,587AED 4.5MAED 2,848
    18 Mar 2026Sales-1,377AED 3.9MAED 2,852
    18 Mar 2026Sales-1,789AED 5.1MAED 2,846
    13 Mar 2026Sales0361AED 809KAED 2,243
    13 Mar 2026Sales1703AED 1.3MAED 1,839
    05 Mar 2026Sales1824AED 1.3MAED 1,532
    05 Mar 2026Sales1739AED 1.4MAED 1,847
    04 Mar 2026Sales0357AED 815KAED 2,280

    Nearby

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    Oia Residence

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    FAQ

    Velos Residence: frequently asked questions

    What is the average price in Velos Residence?

    The average recorded sale price in Velos Residence, Al Hebiah First is AED 1.5M, around AED 2,120 per square foot, based on Dubai Land Department transaction data.

    Are prices in Velos Residence going up or down?

    Average sale prices in Velos Residence have risen +2.5% per square foot since January 2026, across 52 DLD-recorded sales.

    What rental yield can I expect in Velos Residence?

    Based on average Al Hebiah First residential rents against sale prices in the building, a typical unit in Velos Residence yields roughly 3.5% gross per year, before service charges and fees.

    How many properties have sold in Velos Residence?

    52 sales have been recorded in Velos Residence according to DLD data, across approximately 412 units.

    Considering Velos Residence?

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