OMNIYAT set a new record with the sale of a penthouse for AED139 million ($37.8 million) at The Lana Residences, Dorchester Collection, Dubai in the Burj Khalifa district.
The sale of the four-bedroom penthouse marks the most expensive property in the area.
The Lana, managed by Dorchester Collection with architecture by Foster + Partners and interiors by Gilles & Boissier, opened in April 2024. It overlooks Marasi Marina between Burj Khalifa District and Dubai Design District.
The 16,594 sq. ft. penthouse offers views of Marasi Bay Marina and Downtown Dubai skyline.
Mahdi Amjad, OMNIYAT’s Founder and Executive Chairman, said: “Our vision is to curate sculpted masterpieces with the exceptional talents of some of the world’s most renowned designers. We bring together purpose, design, innovation and unique storytelling to create rare experiences, and nowhere is this more apparent than with The Lana and the Lana Residences, Dorchester Collection, Dubai.
“This is more than just a property; it’s a sanctuary in which every detail has been thoughtfully curated to evoke a sense of harmonious balance. With the pivotal launch of the hotel and the handover of the last of the remaining residences available in this exquisite property, we have further delivered on our promise to create projects that redefine and elevate the concept of ultra-luxurious living and reinforce Dubai’s global reputation for offering experiences unrivalled elsewhere in the world.”
OMNIYAT’s luxury property sales
OMNIYAT previously sold a penthouse at One at Palm Jumeirah for AED102 million in 2017 and the Sky Palace at AVA at Palm Jumeirah for AED220 million in 2023.
OMNIYAT acquired Marasi Bay Marina to create an ultra-luxury lifestyle destination.
“We’re reimagining Marasi Bay, with a vision to create an incomparable ecosystem for global citizens seeking an uber-luxurious way of living. It will live and breathe as a place of immersive discovery, curated by OMNIYAT to be a new epicentre of elevated lifestyle experiences in a globally significant location. These ambitions deeply reflect OMNIYAT’s philosophy of merging ultra-luxury with curated living, further contributing to the economic, aesthetic and cultural footprint of the city,” Amjad added.
Follow us on
