VELOR by Ginco — Downtown Dubai’s Penthouse Statement
There are luxury penthouses in Dubai, and then there’s VELOR by Ginco. Only 29 of them exist, each one a full-floor spread sitting right in Business Bay, the kind of address where the Burj Khalifa doesn’t just dominate your view, it feels like part of your living room backdrop.
The Developer
Ginco isn’t a newcomer trying to make a splash. They’ve been shaping Dubai’s skyline for nearly half a century. With VELOR, they’ve dialed all that experience into something boutique, not a towering mega-project, but a tight, ultra-exclusive collection of homes that feel personal, intentional, and refined.
The Residences
Think 4–5 bedrooms, 3,000 to over 6,000 sq ft, and layouts that stretch across an entire floor. High ceilings (3.2m), dual living areas in some units, maid’s rooms, and kitchens fitted with serious European hardware. Floor-to-ceiling glass means your walls are basically Downtown Dubai itself, skyline, canal, city buzz, all on display.
Starting price? Around AED 8.25 million. For what you’re getting, it’s hard to call that anything but a power move.
Lifestyle & Amenities
VELOR doesn’t just give you a penthouse. It gives you the kind of extras that make it impossible to leave:
- A rooftop infinity pool that feels like you’re floating above the city.
- Spa, fitness studio, and yoga deck for when you want calm over chaos.
- Family touches too, landscaped lounges, BBQ areas, a kids’ play zone.
- And because this is Dubai: valet, concierge, EV charging, even on-demand chefs if you don’t feel like cooking.
Payment & Delivery
Ownership is set up on a flexible 60/40 plan, 10% at booking, most of the balance during construction, and the final 40% on handover. Handover is expected Q4 2027, giving investors time to let Downtown continue its upward march.
Why VELOR Stands Out
Downtown Dubai has plenty of luxury apartments. But full-floor penthouses? With this level of finish and exclusivity? That’s rare. Add the location, Business Bay/Downtown crossroads, minutes from Dubai Mall and DIFC, and you’ve got a home (or an investment) that’s both indulgent and smart.
VELOR is less about “buying real estate” and more about owning a slice of the skyline. If you know, you know.
