Velos Residence

About Velos Residence

Velos Residence is a 30-storey tower of 408 apartments on the edge of Motor City, the motorsport district on DubaiLand’s western side. It holds studios, one and two-bedroom homes from 341 to 1,235 sq ft, with amenities spread across three separate floors totalling about 81,900 sq ft: padel and basketball courts, a rooftop infinity pool with a wooden deck, indoor and outdoor gyms, a Mediterranean-themed garden, co-working lounges, a residents’ bar, children’s play areas and an outdoor cinema.

The name change is the first thing to understand. Velos launched in July 2025 as a standalone project, sold with a launch event for 2,000 brokers and investors. In September 2026 the developer signed with Accor to relaunch the same building as Mövenpick Residences Dubai Motor City — the first standalone Mövenpick residences in the world, and the first branded residential building in Motor City. That is good news for the building and a complication for the paperwork: the portal record, the launch press, the brochure and the sales contract may each use a different name for the same apartment. Ask for the DLD project name and the unit number on the reservation form.

What you actually get. Studios are fully furnished, with kitchen appliances, built-in wardrobes, mirrors and lighting included, and are 341–489 sq ft. One-bedrooms run 668–898 sq ft and two-bedrooms 989–1,235 sq ft, both unfurnished with a fitted kitchen and appliances. The developer’s own site puts starting prices at AED 795,777 for a studio, 1,258,777 for a one-bed and 1,973,777 for a two-bed; the portal shows AED 795,000, 1,200,000 and 1,900,000. Small differences, but they tell you the portal record is a snapshot from mid-2025 rather than today’s list.

The payment plans. Studios and one-bedrooms are sold on a 40/60 plan — 40% during construction across milestones, 60% on handover — and two-bedrooms on 35/65. That is unusually light up front and very heavy at the end: on a AED 1.9 million two-bedroom, roughly AED 1.235 million falls due at completion. Plan the funding for the day the keys arrive, not the day you reserve.

The location, honestly. Motor City is a low-rise, family-oriented district built around the Dubai Autodrome, with green space, schools, clinics and sports facilities, and good road access: the developer lists Dubai Hills Mall 10 minutes, Sheikh Zayed Road and Mall of the Emirates 15, Burj Al Arab 20, Dubai Marina 22, Burj Khalifa 24, the airport 25 and Al Maktoum 26. It is not walkable in the Marina sense, and it is not on the metro. What it is, is a functioning community with real neighbours rather than a construction site with a marketing suite.

What to weigh. First, the story behind the name. A relaunch under a hotel brand twelve months after launch usually means one of two things: the developer wanted access to Accor’s distribution and the brand premium, or the original launch was slower than planned. Both are plausible; only the developer knows. Ask how many of the 408 units are still available and what the relaunch did to prices.

Second, the price per square foot against the building’s own trades. Registered studio sales in October 2026 are at AED 2,213–2,320 per sq ft, one-bedrooms at AED 1,701–1,841 and two-bedrooms at AED 1,976. On the portal’s release prices, a 341 sq ft studio at AED 795,000 works out at about AED 2,331 per sq ft — at the top of that range, and with a smaller floor plate than the 357–364 sq ft studios actually trading. Price by the square foot of the specific unit, not by the “from” figure.

Third, the service charge and the brand. A branded residence with a Mövenpick name, concierge, doormen and valet will carry a hotel-grade service charge, and the brand benefit is contractual: the owner benefits programme, the ALL loyalty status and the 20% hotel discount all depend on an agreement between the developer, the owner and Accor that can change. Ask for the service charge estimate, the management agreement and the brand licence terms in writing.

Fourth, the delivery date. The portal says Q2 2028, the developer Q4 2028, and construction is under way. Three quarters is not much in a Dubai cycle, but it is the difference between one service-charge year and two — and the 60% balance lands on whichever date the contract says.

Compiled November 2026 from CITYVIEW Developments’ own site (the Mövenpick relaunch, unit types, sizes, furnishing, starting prices, payment plans, amenities, drive times and ownership structure) and its news releases of 21 July 2025 (the Velos launch: 408 units, G+2P+30, 81,906 sq ft of amenities, 40/60 and 35/65 plans) and 23 September 2026 (the Accor signing), the listing portal’s record (prices, sizes, handover date, amenity tags and floor plans), and third-party Dubai Land Department transaction data for registered sales in the building, identified as such where used.

Homes, sizes and price

Three products, with an unusual furnishing split that is worth reading twice: the studios come furnished, the larger apartments do not.

On the portal’s figures that is about AED 2,331 per square foot for the entry studio, AED 1,794 for the entry one-bedroom and AED 1,919 for the entry two-bedroom. Studios price highest per square foot — normal for small units — but they are also the product that trades most, so the comparison is easy to check.

Registered sales in this building, published from Land Department data, show what buyers have actually paid: studios at AED 2,213–2,320 per sq ft (about AED 791,000–843,000 for 357–364 sq ft), one-bedrooms at AED 1,701–1,841 (AED 1.2m–1.29m for about 703 sq ft) and a two-bedroom at AED 1,976 (AED 2.07m for 1,047 sq ft). Those are recent — September and October 2026 — which makes them the most useful number on this page.

Read together, they say the entry studio is priced at the top of the market rather than under it, while the two-bedroom ask is below what a comparable unit traded at. Floor level matters too: the higher one-bedrooms traded above the lower ones by around 8%.

Price and payment plan

Two plans, both back-loaded: 40/60 for studios and one-bedrooms, 35/65 for two-bedrooms. The 40% is spread across construction milestones with what the developer calls zero-interest financing; the balance is paid on handover.

The 4% Dubai Land Department fee is on top, and the developer’s site notes a reservation flow that begins with a deposit before confirmation.

The structure is the thing to think hardest about. Sixty or sixty-five per cent at completion means the cash arrives when the building does — which is fine if you are funding it — but it also means the developer is carrying the construction cost, and that a delay pushes your payment, not theirs. Ask what the contract says about delay, and whether the milestone instalments continue if construction slips.

Amenities

The amenity programme sits on three floors — level 1, level 21 and the roof — and totals about 81,900 sq ft, which is a serious allocation for a 408-unit building. On the roof: a rooftop infinity pool with a timber deck and terrace seating. On the twenty-first: indoor and outdoor gyms, a spa with sauna and steam, a yoga and meditation area, and co-working lounges with a residents’ bar. At podium level: a Mediterranean-themed garden, a padel court and a basketball court, children’s play areas, an outdoor cinema, a jogging track and BBQ areas.

Under the Mövenpick relaunch the list gains a hotel dimension: a dedicated kids club, a pet grooming area, concierge, doormen and valet. The developer’s own page also lists a family pool, a playground and a recreation area, and notes the gyms use Technogym equipment — one of several partners named alongside Accor, Ennismore, WHOOP and Lacasa.

Two things to press on. First, the split between what residents get and what the hotel brand actually provides: a Mövenpick name on the building does not automatically mean hotel services at the door, and the Accor benefits (status in ALL, 20% off best available rates, VVIP reservations) come through an owner benefits programme with its own terms. Ask for them in writing.

Second, the cost. Three amenity floors, two pools, concierge, doormen, valet, a kids club and a spa is a long list to staff. Get the service charge estimate per square foot before you decide which figure — the AED 795,000 or the annual running cost — matters more to your return.

Where it is

Motor City — formally Al Hebiah First — is the motorsport district on DubaiLand’s western side, built around the Dubai Autodrome, with low-rise apartment buildings, townhouses, parks, schools, clinics and a shopping strip. The developer’s own drive times: Dubai Hills Mall 10 minutes, Sheikh Zayed Road 15, Mall of the Emirates 15, Burj Al Arab 20, Dubai Marina 22, Burj Khalifa 24, Dubai International Airport 25, Al Maktoum International 26.

What that translates to: excellent access by car, with Al Qudra Road and the E311 nearby, and none of the walkability of a Marina or Downtown address. There is no metro station in Motor City; the nearest is a drive away. For a household with a car — which is nearly everyone here — it works well; for someone expecting to walk to a café or commute by train, it will not.

The compensation is a real neighbourhood rather than a construction site. Motor City has been lived in for years: schools, supermarkets, restaurants, the Autodrome’s events and the adjacent Dubai Sports City and Studio City give the district a life that newer masterplans wait a decade for. Villas and low-rise buildings surround the plot, which also means views of skyline and sand rather than of other towers.

For what is around it, see our Motor City community guide; for the rental comparison that matters, check what studios and one-bedrooms in this district actually achieve rather than using a citywide average.

At a glance

• A 30-storey tower of 408 apartments in Motor City (Al Hebiah First), beside the Dubai Autodrome.
• Studios, one and two-bedrooms from 341 to 1,235 sq ft.
• Launched July 2025 as Velos; relaunched September 2026 as Mövenpick Residences with Accor.
• Portal-listed from AED 795,000 for a studio — about AED 2,331 per square foot.
• 40/60 plan for studios and one-beds, 35/65 for two-beds — most of the money at handover.
• 80,900+ sq ft of amenities over three floors, including a rooftop infinity pool, padel, spa and outdoor cinema.
• Completion: Q2 2028 on the portal, Q4 2028 from the developer.
• Studios furnished; one and two-beds unfurnished with fitted kitchens and appliances.
• Registered sales in the building: studios at AED 2,213–2,320 per sq ft, two-bedrooms at AED 1,976.

What we verify before you reserve

• Which name the sale and purchase agreement uses, and that the DLD project name matches the unit you reserve.
• Whether the Accor/Mövenpick brand and the owner benefits programme are contractual, and for how long.
• The service charge estimate per square foot, itemised, with hotel services included.
• The payment plan in writing, with milestone dates and the handover trigger for the 60% or 65% balance.
• What happens to the instalments and the balance if completion slips past Q4 2028.
• Registered sale prices for the specific floor and layout you are offered.
• Which floor the apartment is on, and what the amenities on level 21 mean for the units beside them.
• The furnishing package: what is included in a studio, and what a one or two-bedroom buyer must budget.
• Parking allocation across the two podium levels, and whether storage is included.
• The escrow account, the project registration number and the developer’s delivery record on Hyde Residences.