Marasi Bay is an ultra-luxury waterfront enclave by OMNIYAT, built along the Dubai Water Canal in Business Bay. It brings together branded residences, a Dorchester Collection hotel, Grade A offices, a private marina and a reclaimed leisure island under one master developer. The address is aimed at global buyers who want canal frontage, Burj Khalifa views and hotel-grade service inside the city centre rather than out on the coast.



Marasi Bay is a private waterfront address created by OMNIYAT, the Dubai developer known for The Opus, ORLA on Palm Jumeirah and The Lana. It wraps around a bay off the Dubai Water Canal inside Business Bay, and OMNIYAT is building almost every component of it, from the residences down to the promenade retail and the marina.
The delivered piece is The Lana, Dorchester Collection's first hotel in the region, with 225 rooms and The Lana Promenade below it. Under construction alongside it are The Lana Residences (39 homes in a 32 storey Foster and Partners tower), VELA (38 residences including a three storey Sky Palace), VELA Viento (95 residences with one penthouse) and ENARA, a 34 unit ultra-luxury office building due for completion in 2027. Marasi Bay Island, a reclaimed island next to ENARA and The Lana, adds the beach club, floating parks and the Signature Pavilion retail deck.
Branded apartments are the core of the enclave, with a small number of penthouses in the upper floors of VELA and VELA Viento. Every home is managed under Dorchester Collection. Office space was limited to ENARA, which neared full sale within months of launch. There are no villas and no townhouses anywhere here, and no plots are released to individual buyers. Most inventory today is off-plan or resale of off-plan.
Marasi Bay is the OMNIYAT enclave on the south arc of the canal. Marasi Business Bay is a separate and older Dubai Properties masterplan on the same waterway, known for its 12 km promenade and floating water homes, with far lower entry pricing. Listings that show villas or water homes belong to that masterplan, not to Marasi Bay.
| Destination | Distance / Drive Time |
|---|---|
| Downtown Dubai | 1.7 km |
| Sobha Hartland | 2.3 km |
| DIFC | 2.9 km |
| City Walk | 3.2 km |
| Dubai Mall & Burj Khalifa | 13 minutes |
| Burj Al Arab | 20 minutes |
| Palm Jumeirah | 22 minutes |
| Dubai International Airport (DXB) | 22 minutes |
| The Walk JBR | 25 minutes |
| Al Maktoum International Airport (DWC) | 42 minutes |
Almost every amenity here is built around the water. Marasi Bay Marina holds 115 berths with a members' Yacht Club offering private lounge and berthing services, a tender boat shuttle between the two sides of the bay, and a private jetty drop-off reserved for OMNIYAT owners. On the reclaimed island next to ENARA and The Lana is the floating beach club, the first of its kind, set on the water with the Downtown skyline behind it.
Sunset Park is the green heart of the enclave, a 30,000 sq ft floating park for VELA and VELA Viento residents, with picnic lawns, a pet-friendly zone, yoga terraces, private dining rooms and a chef's kitchen. The Signature Pavilion adds 10,000 sq ft of floating retail and events space extending from the promenade into the bay, planned as a curated run of luxury boutiques. Along the south promenade are a padel court, a running and cycling route, and a children's play area with a climbing wall, splash pad and sensory zones, backed by waterfront cafes.
The Lana Promenade carries the public-facing dining and retail, while The Lana hotel holds the region's first Dior Spa, an infinity-edge pool over the marina and Michelin-level restaurants Jara by Martin Berasategui and Riviera by Jean Imbert. Individual towers layer their own facilities on top, with VELA offering a triple-height gym, private spa suite, cinema room and lap pool. Shaded walkways, mist-cooling zones, hydration stations and an art trail link the whole enclave on foot. Most of this, including the beach club and the wellness spaces, is reserved for OMNIYAT residents rather than open to the wider public.
Residential stock runs across three towers, with one commercial building. Unit counts this low mean availability moves quickly and rarely returns to market.
| Project | Type | Units | Status |
|---|---|---|---|
| The Lana Residences | Branded Apartments | 39 homes, 32 storeys | Under Construction |
| VELA | Branded Apartments | 38 residences plus Sky Palace | Under Construction |
| VELA Viento | Branded Apartments | 95 residences, 1 penthouse | Under Construction |
| ENARA | Grade A Offices | 34 units | Completion 2027, Nearing Full Sale |
| The Lana Hotel | Dorchester Collection Hotel | 225 rooms | Open |
Marasi Bay is built for a narrow buyer. The typical purchaser is an ultra-high-net-worth global citizen who already owns homes in more than one country and wants a Dubai base with hotel service attached, not a first property. Ticket sizes rule out most of the market, and the Dorchester Collection management model appeals to owners who use the home for part of the year and want it maintained while they are away.
For NRI and HNI buyers from India, the draw is branded stock in the city centre with a small unit count, canal frontage and a resale story tied to scarcity rather than volume. Purchases here clear the AED 2 million Golden Visa threshold many times over, which matters to families planning residency alongside the asset. Yacht owners get berths and jetty access from a Downtown address, and business owners who bought into ENARA can work and live in the same place, which is rare this close to Burj Khalifa.
It is a poor fit for anyone who needs immediate rental income, ground-floor space for children, a school run inside the community, or an exit within two or three years. Handovers run through 2027 and beyond, service charges are heavy, and the resale pool stays small by design. Buyers who do best here hold the asset for the long term and treat the lifestyle as part of the return.
Apartments for rent in Marasi Bay are not yet available, since no residential tower has handed over. Rental stock will only appear once The Lana Residences and VELA complete, and given the ownership profile, much of it may never reach the open lettings market at all.
Pros
Cons
Content Reviewed By: Vikas Taneja-RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
OMNIYAT is the master developer of Marasi Bay. The company controls the residential towers, the commercial building ENARA, The Lana hotel, the promenade retail, the marina and Marasi Bay Island, which is unusual for a development of this size in Dubai.
Marasi Bay is in Business Bay, along the Dubai Water Canal. Access is from Marasi Drive. Downtown Dubai lies across the canal and Dubai Design District is a few minutes east.
Branded apartments, sky residences and penthouses, plus ultra-luxury office floors in ENARA. Residential projects include The Lana Residences, VELA and VELA Viento, all managed by Dorchester Collection. There are no villas or townhouses.
Yes. Business Bay is a designated freehold area, so foreign buyers can own property in Marasi Bay outright. Purchases at these values also clear the AED 2 million threshold for the 10 year Golden Visa.
The Lana hotel and The Lana Promenade are open. The residential towers and ENARA are under construction, with ENARA targeted for completion in 2027. Buyers today are largely buying off-plan.
No school operates inside Marasi Bay. For K to 12, families drive to Horizon English School in Al Wasl, Hartland International School and North London Collegiate School in MBR City, or Safa British School.
Business Bay Metro Station on the Red Line, roughly 6 minutes by car. Burj Khalifa and Dubai Mall Metro Station is the next option at around 8 minutes. Neither is a comfortable walk in summer.
It suits buyers who want branded, low-supply stock in a central location and can hold through construction. Limited unit counts and single-developer control support pricing. The trade-offs are high entry cost, high service charges and a small resale buyer pool.
Most amenities, including the urban beach club, Sunset Park and the wellness spaces, are reserved for OMNIYAT residents. The Lana hotel, its restaurants and The Lana Promenade retail are open to the public.
Business Bay is a mixed-density commercial and residential district with hundreds of buildings from dozens of developers. Marasi Bay is a single-developer enclave inside it, with branded residences, hotel management, a private marina and controlled public realm.
Marasi Bay is the OMNIYAT enclave on the south arc of the canal, made up of branded residences and a marina. Marasi Business Bay is a separate Dubai Properties masterplan on the same waterway, known for its promenade and floating water homes, at far lower entry pricing.