OMNIYAT has announced the acquisition of Marasi Bay Marina from Business Bay LLC. This milestone represents a pivotal moment in OMNIYAT’s journey and will see it translate its architectural mastery and elevated lifestyle curation from single properties to an entire exclusive, ultra-luxury enclave.
The dynamic waterfront space is located in the heart of Dubai and is the location of OMNIYAT’s first masterpiece on the bay, The Lana – a distinctive hotel and residential managed by the Dorchester Collection and designed in partnership with Foster + Partners.
“The acquisition of Marasi Bay Marina is a statement moment for OMNIYAT. The unique characteristics of the location will allow us to craft an exclusive, conceptual lifestyle destination unseen in Dubai,” said Mahdi Amjad, Founder and Executive Chairman, OMNIYAT.
“Through our commitment to craft, excellence, and attention to detail, we’re reimagining Marasi Bay. Our vision is to curate and create an incomparable ecosystem for global citizens seeking unmatched uber luxury lifestyle and experiences. These ambitions deeply reflect OMNIYAT’s philosophy of empowering lifestyles by merging ultra-luxury with curated living, further contributing to the economic, aesthetic and cultural footprint of the city.”
While the master plan for Marasi Bay is yet to be revealed, further details will be shared throughout the year.