2 days ago
Omniyat acquires Marasi Bay Island in the Burj Khalifa District
Omniyat, a leading developer in Dubai's ultra-luxury real estate sector, has acquired Marasi Bay Island, a reclamation project to be developed into a lifestyle destination with the first beach club in Burj Khalifa District. The island will complement Omniyat's ambitious ultra-luxury ecosystem for UHNWIs now taking shape.
Complementing Marasi Bay Island, Omniyat unveils additional amenities along the south side of Marasi Bay as a continuation of its vision to redefine waterfront living.
Connecting urban living to the sea, Marasi Bay Marina, operated by Omniyat, offers berths for superyachts, an exclusive Yacht Club, tender boat service, jetty lounges for boat owners and The Lana Hotel guests, and the Signature Pavillion, a 10,000 square feet retail and events space set over the water. The south waterfront promenade will combine public and resident-only facilities, including a padel court, children's play area, running track and an art trail.
Exclusive for Omniyat residents, Sunset Park, a 30,000-sq ft private floating island, will be the beating heart of Marasi Bay's green spaces, linked by the waterfront promenade. A place for wellness, leisure, and community, it features picnic lawns, private dining spaces with a chef's kitchen and BBQ, flexible indoor areas for work and events, and specialized spaces. Residents can also avail a private jetty drop-off.
Within this curated ecosystem lies a residential portfolio that complements the masterplan, including VELA Viento, Dorchester Collection, Dubai.
Omniyat has reimagined Marasi Bay with signature properties such as The Lana Hotel and Residences, Dorchester Collection, Dubai, inaugurated in Q1 2024. Designed by Foster + Partners, The Lana is Dorchester Collection's first hotel in the Middle East, also boasting the region's first Dior Spa. The sale of The Lana Residences penthouse set new records as the most expensive property sold in the Burj Khalifa District in May 2024.
Mahdi Amjad, founder and executive chairman of Omniyat, said: 'We are reshaping Marasi Bay into Dubai's definitive ultra-luxury waterfront destination. Marasi Bay Island is another jewel in its crown, complementing this luxurious ecosystem with exceptional waterfront experiences. Alongside the island, the newly unveiled amenities on the south side of the bay, further enrich the lifestyle offering for Omniyat residents and guests. Designed to be an exclusive ecosystem for global citizens, Marasi Bay is transforming a former commercial district into a highly desirable, vibrant and extraordinary UNHW community.'
