Latest news with #VELAViento
Mid East Info
07-05-2025
- Business
- Mid East Info
OMNIYAT appoints ACC Group as the main contractor for VELA and VELA Viento in Marasi Bay - Middle East Business News and Information
Construction is well underway on ultra-luxury residential projects managed by Dorchester Collection in Marasi Bay – Dubai's most prestigious waterfront destination Dubai, United Arab Emirates; May 2025: OMNIYAT, the leading developer of Dubai's ultra-luxury real estate market, has awarded the main construction contract for its landmark properties, VELA and VELA Viento, to Arabian Construction Company (ACC Group). The two projects are key developments within OMNIYAT's vision of transforming Marasi Bay into Dubai's most prestigious waterfront destination, blending residential, commercial, and leisure experiences across a walkable, ultra-luxury district. Once completed, the destination will feature high-end hotels, signature residences, retail experiences, premium workspaces, and wellness-centric public spaces, all connected by a landscaped promenade and marina. Further landmark properties to be delivered in the district are ENARA by OMNIYAT, a prestigious commercial development designed to redefine the corporate environment with world-class amenities, sustainable design, and an exclusive lifestyle experience, set for completion in Q4 2027. Main works on both projects are now in full swing, with site mobilization and early construction milestones completed. The anticipated handover is scheduled for 2027, with VELA set for Q2 and VELA Viento in Q3—adding to a growing constellation of OMNIYAT's luxury assets in the district, which also includes The Lana and The Lana Residences, managed by Dorchester Collection. Designed in collaboration with renowned architects Foster + Partners and the Parisian design duo Gilles & Boissier, VELA and VELA Viento offer refined living experiences for the global elite. Managed by Dorchester Collection, the properties boast bespoke residences with expansive terraces, private pools, and floor-to-ceiling windows framing panoramic views of the Dubai Canal, Burj Khalifa, and Downtown skyline. Residents of both projects will enjoy seamless access to The Lana Hotel, and The Lana Residences. At VELA, the first of the two projects to launch, core structural work is advancing steadily, with nearly 50% of the raft reinforcement complete, and MEP and façade contractors mobilized on-site. VELA Viento is set to push the boundaries of design with architectural features such as three duplex residences featuring 'hanging' dining rooms connecting its twin towers — a concept unique to the property. VELA Viento will also feature two crowning penthouses, and lifestyle amenities perched 100 metres high, including an infinity pool, sun deck, yoga studio, and a double-height gym. Founded in 1967, ACC has been a driving force in the construction industry for over five decades, delivering innovation, precision, and quality at every stage of the development cycle. The company's expertise spans the full spectrum of project delivery with a portfolio that includes some of the Middle East, Africa and India's most iconic and sophisticated construction masterpieces. Peter Stephenson, Co Managing Director of OMNIYAT, commented: 'We are excited to work with one of the best-in-class contractors in the region on VELA and VELA Viento in Marasi appointment of ACC Group is a critical milestone on our journey to redefine luxury living and further cement Marasi Bay's position as the region's most prestigious address. Aligned with our legacy of collaborating with partners who are committed to our vision, we trust in ACC's expertise and experience in bringing these exceptional developments to life.' Rasheed Mikati, Executive Director, ACC Group added: 'OMNIYAT has always delivered projects that speak to Dubai's evolution as a global beacon of design and ambition. With nearly six decades of expertise in creating world-class landmarks and critical infrastructure, we are committed to delivering VELA and VELA Viento to the highest global standards.'
ME Construction
07-05-2025
- Business
- ME Construction
Omniyat appoints ACC Group to build key projects in Marasi Bay
Construction Omniyat appoints ACC Group to build key projects in Marasi Bay By VELA and VELA Viento are key developments within OMNIYAT's vision of transforming Marasi Bay into Dubai's most prestigious waterfront destination OMNIYAT has awarded the main construction contract for its landmark properties, VELA and VELA Viento, to Arabian Construction Company (ACC Group). The two projects are said to be key developments within OMNIYAT's vision of transforming Marasi Bay into Dubai's most prestigious waterfront destination, blending residential, commercial, and leisure experiences across a walkable, ultra-luxury district, the developer said. Once completed, the destination will feature high-end hotels, signature residences, retail experiences, premium workspaces, and wellness-centric public spaces, all connected by a landscaped promenade and marina. Further landmark properties to be delivered in the district are ENARA by OMNIYAT, a prestigious commercial development designed to redefine the corporate environment with world-class amenities, sustainable design, and an exclusive lifestyle experience, set for completion in Q4 2027, it added. 'We are excited to work with one of the best-in-class contractors in the region on VELA and VELA Viento in Marasi appointment of ACC Group is a critical milestone on our journey to redefine luxury living and further cement Marasi Bay's position as the region's most prestigious address. Aligned with our legacy of collaborating with partners who are committed to our vision, we trust in ACC's expertise and experience in bringing these exceptional developments to life,' said Peter Stephenson, Co-Managing Director of OMNIYAT. Main works on both projects are now in full swing, with site mobilisation and early construction milestones completed. The anticipated handover is scheduled for 2027, with VELA set for Q2 and VELA Viento in Q3 – adding to a growing constellation of OMNIYAT's luxury assets in the district, which also includes The Lana and The Lana Residences, managed by Dorchester Collection, the developer explained. Designed in collaboration with Foster + Partners and Gilles & Boissier, VELA and VELA Viento aim to offer refined living experiences for the global elite. Managed by Dorchester Collection, the properties boast bespoke residences with expansive terraces, private pools, and floor-to-ceiling windows framing panoramic views of the Dubai Canal, Burj Khalifa, and Downtown skyline. Residents of both projects will enjoy seamless access to The Lana Hotel, and The Lana Residences, the statement explained. At VELA, the first of the two projects to launch, core structural work is advancing steadily, with nearly 50% of the raft reinforcement complete, and MEP and façade contractors mobilised on-site. Rasheed Mikati, Executive Director at ACC Group added, 'OMNIYAT has always delivered projects that speak to Dubai's evolution as a global beacon of design and ambition. With nearly six decades of expertise in creating world-class landmarks and critical infrastructure, we are committed to delivering VELA and VELA Viento to the highest global standards.' VELA Viento is set to push the boundaries of design with architectural features such as three duplex residences featuring 'hanging' dining rooms connecting its twin towers – a concept unique to the property. VELA Viento will also feature two crowning penthouses, and lifestyle amenities perched 100m high, including an infinity pool, sun deck, yoga studio, and a double-height gym, the developer explained.
Zawya
07-05-2025
- Business
- Zawya
Dubai-based developer Omniyat appoints contractors for Marasi Bay residential luxury projects
Dubai-based developer Omniyat has awarded the main construction contract for its VELA and VELA Viento luxury residential projects in Marasi Bay to Arabian Construction Company (ACC). Main works on both projects are now in full swing, with site mobilisation and early construction milestones completed, the developer said in a statement. VELA will be handed over in the second quarter of 2027, followed by VELA Viento in the third quarter of the same year. Core structural work is advancing steadily at VELA, nearly 50 percent of the raft reinforcement complete, while MEP and façade contractors are mobilised on-site, the statement said. The contract and project values weren't disclosed. The projects have been designed in collaboration with UK-based architectural firm Foster + Partners and the Parisian design duo Gilles & Boissier. (Writing by P Deol; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
