OMNIYAT Elevates Marasi Bay Vision with Island Acquisition in the Burj Khalifa District, Unveiling an Urban Beach Club and Curated Waterfront Experiences
OMNIYAT acquires Marasi Bay Island in the Burj Khalifa District, expanding its ultra-luxury ecosystem with plans for an exclusive beach club and curated waterfront experiences.
The ecosystem is complimented by additional amenities along the south side of Marasi Bay, including private parks, Marina Yacht Club and a floating multi purpose pavilion.
Marasi Bay, OMNIYAT's vision for an ultra-luxury waterfront destination, blends high-end living, premium workspaces, five-star hospitality, leisure, and wellness experiences.
Dubai, United Arab Emirates,June 2025: OMNIYAT, the leading developer of Dubai's ultra-luxury real estate market, has acquired Marasi Bay Island, a reclamation project to be developed into a vibrant lifestyle destination with the first beach club in Burj Khalifa District. The island will complement OMNIYAT's ambitious ultra-luxury ecosystem for UHNWI now taking shape.
Located in the Burj Khalifa District, Marasi Bay is an exciting waterfront destination that blends high-end living, premium workspaces, hospitality, leisure, and wellness experiences. It is seamlessly connected to Downtown Dubai, Business Bay, DIFC, D3 Design District, and Dubai International Airport.
Resort-style offerings on the south side of Marasi Bay:
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 such as sensory and meditation gardens, a yoga terrace, and a dedicated dog park, alongside viewing platforms and event lawns. Residents can also avail a private jetty drop-off.
Elevating waterfront living:
Within this curated ecosystem lies a residential portfolio that complements the masterplan, including VELA Viento, Dorchester Collection, Dubai.
Rising 180 metres above Marasi Bay, VELA Viento, Dorchester Collection, Dubai represents architectural excellence through globally renowned architects Foster + Partners' visionary design. A sister property to VELA, VELA Viento houses 95 exceptional residences where floor-to-ceiling windows frame panoramic views of the Burj Khalifa, Downtown Dubai, and the waterfront below. Each residence features expansive terraces blurring the boundaries between indoor and outdoor living, while select units offer terrace pools, double-height spaces, and suspended dining rooms that seem to float above the cityscape.
With interior design by Gilles & Boissier, these elegant, fully furnished homes offer exclusivity through private lift lobbies. Select residents may also opt for Banda Studio-designed interiors for the Horizon Residences. Positioned over 100 metres high, the Sky Amenities Deck features an infinity pool, double-height gym, yoga studio, and lounges — while ground-level amenities include indoor pools, spa, meeting spaces, and direct promenade access to The Lana Hotel and Marasi Bay. Under Dorchester Collection's renowned management, residents enjoy world-class hospitality that blends home ownership with legendary hotel service.
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.
Building on the uplifting legacy of The Lana, ENARA by OMNIYAT, an ultra-luxury office tower, is set for completion in 2027. ENARA by OMNIYAT, a standalone ultra-premium commercial building to cater to the global business elite, offers luxury office spaces with direct access to a vibrant promenade that gives owners access to outdoor wellness facilities for jogging, cycling and walking, complemented by an array of distinctive fine-dining concepts from world-renowned chefs. ENARA is seamlessly connected via promenade and jetty service to VELA, VELA Viento and The Lana.[AA1]
Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said: 'In a re-imagined approach to urban living, 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. Commanding the most coveted and strategic position in the prestigious Burj Khalifa District, Marasi Bay is the ultimate celebration of waterfront living, powered by Dubai's relentless momentum and OMNIYAT's commitment to redefining luxury.'
Marasi Bay promises to be a hub of elevated lifestyle experiences orchestrated by the world's finest brands, artists and innovators, adding an exciting new dimension to Dubai's future.
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OMNIYAT acquires Marasi Bay Island in the Burj Khalifa District, expanding its ultra-luxury ecosystem with plans for an exclusive beach club and curated waterfront experiences. The ecosystem is complimented by additional amenities along the south side of Marasi Bay, including private parks, Marina Yacht Club and a floating multi purpose pavilion. Marasi Bay, OMNIYAT's vision for an ultra-luxury waterfront destination, blends high-end living, premium workspaces, five-star hospitality, leisure, and wellness experiences. Dubai, United Arab Emirates,June 2025: OMNIYAT, the leading developer of Dubai's ultra-luxury real estate market, has acquired Marasi Bay Island, a reclamation project to be developed into a vibrant lifestyle destination with the first beach club in Burj Khalifa District. The island will complement OMNIYAT's ambitious ultra-luxury ecosystem for UHNWI now taking shape. 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A sister property to VELA, VELA Viento houses 95 exceptional residences where floor-to-ceiling windows frame panoramic views of the Burj Khalifa, Downtown Dubai, and the waterfront below. Each residence features expansive terraces blurring the boundaries between indoor and outdoor living, while select units offer terrace pools, double-height spaces, and suspended dining rooms that seem to float above the cityscape. With interior design by Gilles & Boissier, these elegant, fully furnished homes offer exclusivity through private lift lobbies. Select residents may also opt for Banda Studio-designed interiors for the Horizon Residences. Positioned over 100 metres high, the Sky Amenities Deck features an infinity pool, double-height gym, yoga studio, and lounges — while ground-level amenities include indoor pools, spa, meeting spaces, and direct promenade access to The Lana Hotel and Marasi Bay. 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OMNIYAT GROUP ANNOUNCES FORMATION OF STRATEGIC ADVISORY BOARD TO SUPPORT NEXT PHASE OF GROWTH - Middle East Business News and Information
Prominent local and international leaders including Mr. Noel Quinn, Dr. Habib Al Mulla, Mr. Abdulmohsen Al Rashed, Dr. Mark Machin, Rt. Honorable Nadhim Zahawi, Mr. Tim Collins and HE Hishammuddin Hussein appointed to OMNIYAT GROUP's Advisory Board to support strategy, governance, and long-term growth. Formation of the Board follows the Group's first debt issuance by flagship brand OMNIYAT and underscores its ambition to scale, diversify and further institutionalize the business. Dubai, UAE – May 2025 – OMNIYAT Group, which includes the leading ultra-luxury developer OMNIYAT and wider-luxury developer BEYOND, has announced the establishment of a Strategic Advisory Board to support its next phase of growth and transformation. The formation of the Advisory Board follows a milestone moment for the Group – OMNIYAT's successful debut in the international debt capital markets through a USD 500 million green sukuk. It also comes as the Group accelerates efforts to build an AED 100 billion portfolio over the next five years and institutionalize its operations. The Advisory Board will be comprised of Mr. Noel Quinn, former Group CEO of HSBC; Rt. Honorable Nadhim Zahawi, former UK Chancellor of the Exchequer; Dr. Mark Machin, Founder and Managing Partner of Intrepid Growth Partners and former President and CEO of Canada Pension Plan Investments; Mr. Tim Collins, CEO of Ripplewood Advisors; Dr. Habib Al Mulla, Founder of Habib Al Mulla and Partners; Mr. Abdulmohsen Al Rashed, Managing Partner of Al-Rashed Group; and HE Hishammuddin Hussein, former Malaysian Minister of Defence and Foreign Affairs. The Board will work closely alongside the Executive Chairman and the senior leadership team – bringing global perspective and deep expertise across finance, policy, governance, law, and international business. Its formation underscores the Group's ambition to evolve into a future-ready, diversified real estate platform with global reach and institutional depth. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT GROUP, commented: 'This marks a significant and proud milestone for OMNIYAT Group and our portfolio brands, OMNIYAT and BEYOND. OMNIYAT has demonstrated a successful track record within ultra-luxury for almost two decades and with the rapid ascent of BEYOND within the wider-luxury segment, we believe now is the right time to bring on seasoned global experts who can help guide our journey ahead. We are honoured to welcome such an esteemed group whose global insights, diverse perspectives, and proven leadership will help shape our strategic direction and ensure we continue to deliver best-in-class experiences across every market we serve . ' Advisory Board Member Bios: Mr. Noel Quinn, former Group Chief Executive of HSBC. Mr. Quinn retired in September 2024 after a 37-year career with HSBC and its constituent companies, including five years as Group CEO. He remains active in the Sustainable Markets Initiative, founded by HM King Charles III, and previously chaired its Financial Services Taskforce. He also served as a Principal of the Glasgow Financial Alliance for Net Zero. Rt. Honorable Nadhim Zahawi, former UK Chancellor of the Exchequer and Chairman of the Conservative Party. Mr. Zahawi served as Member of Parliament for Stratford-on-Avon for nearly 15 years and held several senior government positions. He is currently Non-Executive Chair and Board Member of The Very Group. Dr. Mark Machin, Founder and Managing Partner of Intrepid Growth Partners. Dr. Machin is a prominent global investor and executive with extensive experience in finance and investment management. He served as President and CEO of Canada Pension Plan Investments (CPP Investments) from 2016 to 2021, leading one of the world's largest pension funds. Prior to that, he spent over 20 years at Goldman Sachs, where he led Capital Markets and Investment Banking in Asia ex-Japan. Dr. Machin currently holds advisory and board roles with GIC, CVC Capital, Opto Investments, Mubadala Investment Company, and the Atlantic Council. Mr. Tim Collins, CEO and Senior Managing Director of Ripplewood Advisors LLC, a global investment firm he founded in 1995. Ripplewood has successfully built companies across Europe, the Middle East, and Asia, with investments totaling over $20 billion in enterprise value. Mr. Collins played a leading role in transforming Shinsei Bank in Japan and Commercial International Bank of Egypt, and has served on the boards of Citigroup, Gogo, Palm Hills, and others. He is also a member of the McKinsey Advisory Council and is involved in several not-for-profit and public sector activities. Dr. Habib Al Mulla, is a prominent Emirati legal authority with over 32 years of experience in UAE law. He has played a central role in drafting key legislative frameworks in Dubai and is a frequent commentator on legal and economic reform. Dr. Habib has held several senior government roles, including membership in the UAE Federal National Council and leadership of the UAE Jurists Association. Mr. Abdulmohsen Al Rashed, Managing Partner of Al-Rashed Group, one of the largest investment holding companies in Saudi Arabia and the Gulf region. With a career spanning more than 40 years in real estate and investment, Mr. Al Rashed has held numerous board and executive positions across Saudi Arabia, bringing extensive leadership experience and regional expertise to the Advisory Board. HE Hishammuddin Hussein, former Senior Minister of Defence and Minister of Foreign Affairs of Malaysia. A prominent political and legal figure, he has served as a Member of Parliament since 1995 and held senior cabinet roles in defence, foreign affairs, and internal security. He is a longstanding member of the United Malays National Organisation (UMNO) and has played a key role in regional diplomacy and national security policy. The inaugural Advisory Board meeting took place on 8 May at The Lana Dorchester Collection, where members were briefed on the Group's growth strategy, performance and upcoming initiatives.
