The Omniyat Group acquires Marasi Bay Marina, expanding into the development of ultra-luxury enclaves

Omniyat, a developer with a focus on ultra-luxury properties in Dubai, has made its first such acquisition by purchasing Marasi Bay Marina. Through this calculated step, Omniyat’s architectural knowledge and lifestyle curation are applied to a full ultra-luxury neighborhood rather than just a single property.

The Lana, a hotel and residential project run by the Dorchester Collection and created in collaboration with Foster + Partners, is now housed on the waterfront site in the center of Dubai. It also houses the 38 luxurious waterfront apartments of VELA, Dorchester Collection, Dubai.

“Through our commitment to craft, excellence, and attention to detail, we’re reimagining Marasi Bay,” said Mahdi Amjad, Founder and Executive Chairman, Omniyat. “Our vision is to curate and create an incomparable ecosystem for global citizens seeking unmatched uber luxury lifestyle and experiences.”

In Q4 2023, The Lana Residences at Marasi Bay are scheduled to be delivered. More information will be forthcoming, including the master plan for Marasi Bay.

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