Unit 2401, The Vela Dorchester Collection: what it sold for and what it is worth now

Unit 2401 at The Vela Dorchester Collection is a 4 bed of 8,462 sq ft. It last sold for AED 61,695,000 on 19 Jan 2024. At AED 6,826 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 57,765,000 today.

Value todayAED 57,765,000AED 56,072,000 to AED 61,953,000
Last saleAED 61,695,00019 Jan 2024 · Off-plan
Change since last sale-6.4%Building trend alone: AED 61,268,623
Bedrooms4 bed
Size8,462 sq ft
Floor24 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingThe Vela Dorchester Collection by Omniyat, handed over 2027
Registered sales of this unit1

Every registered sale of unit 2401

DatePriceSizeAED/sq ftType
19 Jan 2024AED 61,695,0008,462 sq ft7,291Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30110 Feb 2025AED 50,318,1007,351 sq ft6,845Off-plan
190120 Aug 2024AED 42,903,0006,302 sq ft6,808Off-plan
20126 Jun 2024AED 36,417,2295,988 sq ft6,082Off-plan
260121 May 2024AED 74,042,1918,462 sq ft8,750Off-plan
60119 Jan 2024AED 37,460,4306,361 sq ft5,889Off-plan
120119 Jan 2024AED 39,742,5006,361 sq ft6,248Off-plan
230119 Jan 2024AED 39,159,0006,302 sq ft6,214Off-plan
100119 Jan 2024AED 38,193,7506,361 sq ft6,004Off-plan

Latest 4 bed sales in The Vela Dorchester Collection

UnitDatePriceSizeAED/sq ftType
30110 Feb 2025AED 50,318,1007,351 sq ft6,845Off-plan
260121 May 2024AED 74,042,1918,462 sq ft8,750Off-plan
150114 Nov 2023AED 50,698,5157,264 sq ft6,979Off-plan

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 6,826). We multiplied it by the size of this unit (8,462 sq ft). The range uses the middle half of those sales (AED 6,626 to AED 7,321 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 61,268,623. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Apr 2026, from the Dubai Land Department register.

Questions

What is unit 2401 at The Vela Dorchester Collection worth?

About AED 57,765,000 (range AED 56,072,000 to AED 61,953,000), based on AED 6,826 per sq ft from registered sales up to 7 Apr 2026.

When did unit 2401 last sell?

19 Jan 2024, for AED 61,695,000 (off-plan). It has 1 registered sale.

Sales alert for The Vela Dorchester CollectionAll sales in The Vela Dorchester Collection

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