Lumena & Lumena Alta — Omniyat, Business Bay
01 · Grade-A Offices · Business Bay
Lumena & Lumena Alta
01 Grade-A Offices · Business Bay Off-Plan · 2029–2030

Two landmark towers forming a gateway at the entrance to Business Bay — the last commercial land parcel in the district. Lumena rises 260 metres across 47 floors, offering 91 shell-and-core Grade-A office units from 4,966 to 16,937 sq ft. Lumena Alta rises to 380 metres across 75 floors, housing 45 floors of premium office space above a 5-star Sky Hotel with a pool at 335 metres elevation. Both towers hold LEED Platinum, WiredScore Platinum, and SmartScore Platinum certifications.

Amenities across both towers include a Sky Theatre, Executive Wellness Suite with sky pool, Owners' Club, private spa, hydrotherapy pools, and sky gardens — alongside a lifestyle podium with fine dining and curated retail. Sheikh Zayed Road frontage, direct adjacency to Business Bay Metro, and fast connections to Downtown Dubai, DIFC, and DXB Airport make both towers functionally irreplaceable for corporate occupiers operating at global scale.

Why it's on the list. The commercial Grade-A office market in Dubai is structurally undersupplied relative to the volume of multinational corporations, sovereign funds, and financial institutions now requiring a UAE base. Lumena and Alta occupy the final plot — there is no comparable product coming to Business Bay after this. Omniyat's track record (The Opus by Zaha Hadid, One at Palm Jumeirah, The Lana by Dorchester Collection) ensures delivery credibility. Projected annual yields of 7–9% sit significantly above residential benchmarks, with strong capital appreciation driven by occupier demand rather than speculative retail buyers.
Starting Price AED 19M (Alta) / 25M (Lumena)
Type Grade-A Shell & Core
Unit Sizes 4,966 – 16,937 sq ft
Payment Plan 50/50 · 5% Down
Lumena Handover Q4 2029
Alta Handover Q3 2030
Projected Yield 7–9% p.a.
Marasi Bay — Omniyat, Business Bay Waterfront
02 · Waterfront District · Burj Khalifa District
Marasi Bay
02 Waterfront · Burj Khalifa District Vela Viento — Active Entry

Marasi Bay is Omniyat's multi-year masterplan to transform a former commercial waterfront in the Burj Khalifa District into Dubai's most cohesive ultra-luxury residential and lifestyle ecosystem. The district is anchored by four completed or under-construction landmarks: The Lana Hotel and Residences (Dorchester Collection, open Q1 2024, designed by Foster + Partners); VELA (38 residences, 3–4BR, 4,253–11,727 sq ft, Dorchester managed, averaging AED 8,235 psf at last sale); VELA Viento (95 residences, 2,000–9,730 sq ft, Foster + Partners architecture, Gilles & Boissier interiors); and ENARA, an ultra-premium commercial tower completing 2027.

The ecosystem extends beyond the towers: Marasi Bay Marina offers superyacht berths and a private Yacht Club; Sunset Park is a 30,000 sq ft private floating island exclusive to Omniyat residents; and Marasi Bay Island — recently acquired — will introduce the Burj Khalifa District's first urban beach club alongside additional luxury residences and waterfront amenities. VELA Viento is the current active entry, with a sky amenities deck at 100+ metres, an infinity pool, spa, cinema, and direct promenade access to The Lana and VELA.

Why it's on the list. The pricing trajectory across Marasi Bay is one of the clearest documented cases of district appreciation in Dubai's recent history: The Lana Residences doubled from AED 4,000 to AED 8,375 psf between launch and Q3 2024. VELA moved from AED 6,785 to AED 8,235 psf by mid-2025 — approximately 21% growth in the secondary market within 12 months. VELA Viento is the last entry point before The Lana, VELA, and ENARA reach full sell-out and the district's pricing floor resets materially higher. The Marasi Bay Island acquisition signals that Omniyat's commitment to this postcode is structural, not cyclical.
Active Entry VELA Viento
VELA Viento Units 95 residences
Size Range 2,000 – 9,730 sq ft
Architect Foster + Partners
Interiors Gilles & Boissier
The Lana psf (2024) AED 8,375 (+109%)
VELA psf (mid-2025) AED 8,235 (+21% YoY)
Armani Beach Residences — Arada × Tadao Ando, Palm Jumeirah
03 · Branded Residences · Palm Jumeirah
Armani Beach Residences
03 Branded Residences · Palm Jumeirah Off-Plan · Dec 2027

53 residences on the outer crescent of Palm Jumeirah — a location that delivers direct, unobstructed Arabian Gulf views across 270 degrees, distinct from the trunk and frond addresses where palm-on-palm sightlines dominate. Architecture by Tadao Ando, the Pritzker Prize-winning Japanese master known for his signature use of exposed silk concrete, interplay of light and shadow, and the integration of water as an architectural element. This marks the first collaboration between Ando and Armani/Casa, whose interior design studio has furnished every residence in the project's signature dark or light palette.

The collection spans 2–5 bedroom apartments, 5-bedroom penthouses with private rooftop pools, and presidential suites spread across two levels with private courtyards and jacuzzis. Sizes from 2,657 to 9,501 sq ft. Every unit includes an Armani/Casa furniture certificate, smart home technology, and private high-speed lifts. Amenities across 90,000 sq ft include a residents-only spa, sauna, ice bath, indoor pool, infinity deck, cigar lounge, cinema, and private beach.

Why it's on the list. Only 53 residences. The Tadao Ando and Armani/Casa combination has never been executed together before at residential scale anywhere in the world — this is a once-issued product, not a brand extension that will be repeated in another tower. Palm Jumeirah outer crescent addresses trade at AED 7,800+ psf in the secondary market, and branded product at this credential level consistently outperforms the broader Palm by 15–25% on resale. Handover at December 2027 with a 60/40 payment plan makes capital deployment manageable. For a buyer seeking an asset that will appreciate on scarcity alone, 53 units at this address is the definition of the thesis.
Starting Price AED 21.5M
Configuration 2–5 BR + Penthouses
Size Range 2,657 – 9,501 sq ft
Total Units 53 residences
Architect Tadao Ando
Payment Plan 60/40 · 25% Down
Handover December 2027
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