In a significant move for Dubai’s upscale property market, OMNIYAT has officially launched the VELA Viento tower at Marasi Bay, enhancing its portfolio of luxury residential offerings. As demand for premium waterfront properties gains momentum in the emirate, VELA Viento aims to cater to discerning buyers seeking exclusivity and sophistication in a prime location.
An Expanding Vision at Marasi Bay
Dubai-based luxury real estate developer OMNIYAT has positioned VELA Viento as the latest jewel within its expansive Marasi Bay masterplan. This new project complements notable developments such as The Lana, Dorchester Collection, and VELA, along with ENARA, OMNIYAT’s newly launched commercial tower. The area is rapidly becoming a hub for innovative residential, commercial, and hospitality projects along the picturesque Dubai Canal.
Architectural Excellence and Superior Amenities
The design of VELA Viento showcases the expertise of renowned firm Foster + Partners, with intricate interiors crafted by Gilles & Boissier and Banda Studio. This sophisticated tower features 29 simplex and duplex residences that offer expansive terraces and breathtaking skyline views. Residents can enjoy a plethora of lavish amenities, including an infinity pool, a state-of-the-art gym, a rejuvenating spa, and a private cinema, making it an attractive proposition for luxury seekers.
Rising Property Values in Marasi Bay
The luxury property market in Marasi Bay is witnessing remarkable appreciation in value. Since its inception, prices for OMNIYAT’s earlier developments have surged significantly; for instance, the average price per square foot at The Lana has doubled from AED 4,000 to AED 8,375 since its launch in 2023. Similarly, units in VELA have increased from AED 6,785 to AED 8,235 per square foot by mid-2025, as reported by the developer.
Strategic Location and Future Prospects
Strategically located off Sheikh Zayed Road, Marasi Bay provides seamless connectivity to Downtown Dubai and the Dubai International Financial Centre. The area boasts an array of attractions, including Marasi Bay Marina, a floating pavilion, and a yacht club, along with The Lana hotel, which welcomed guests in early 2024. OMNIYAT anticipates that the demand for limited-supply waterfront properties, such as those in VELA Viento, will continue to grow, drawing high-net-worth investors to this vibrant locale.