UAE-based luxury property developer Omniyat has announced that it has awarded the main construction contract for its Vela and Vela Viento, its landmark properties in Dubai’s waterfront destination Marasi Bay, to Arabian Construction Company (ACC Group).

The two developments are central to Omniyat's plan to transform Marasi Bay into a high-end waterfront district featuring residential, commercial, and leisure facilities.

Once completed, the destination will feature high-end hotels, signature residences, retail experiences, premium workspaces, and wellness-centric public spaces, all connected by a landscaped promenade and marina.

Further landmark properties to be delivered in the district are Enara by Omniyat, a prestigious commercial development with world-class amenities, sustainable design, and an exclusive lifestyle experience, set for completion in late 2027, according to a statement by the Dubai-based developer.

Construction on Vela and Vela Viento is under way, with site mobilisation and early construction milestones completed. The anticipated handover is scheduled for 2027, with Vela set for completion in the second quarter and Vela Viento in the third quarter, Omniyat stated. These projects join Omniyat's other luxury properties in the area, including The Lana and The Lana Residences, managed by Dorchester Collection.

Designed in collaboration with renowned architects Foster + Partners and the Parisian design duo Gilles & Boissier, Vela and Vela Viento offer refined living experiences for the global elite. Managed by Dorchester Collection, the properties boast bespoke residences with expansive terraces, private pools, and floor-to-ceiling windows framing panoramic views of the Dubai Canal, Burj Khalifa, and Downtown skyline. Residents of both projects will enjoy seamless access to The Lana Hotel, and The Lana Residences.

At Vela, the first of the two projects to launch, core structural work is advancing steadily, with nearly 50 per cent of the raft reinforcement complete, and MEP and façade contractors mobilised on-site.

Vela Viento is set to push the boundaries of design with architectural features such as three duplex residences featuring ‘hanging’ dining rooms connecting its twin towers — a concept unique to the property. Vela Viento will also feature two crowning penthouses, and lifestyle amenities perched 100 m high, including an infinity pool, sun deck, yoga studio, and a double-height gym.

Peter Stephenson, Co-Managing Director of Omniyat, commented: “We are excited to work with one of the best-in-class contractors in the region on Vela and Vela Viento in Marasi Bay. The appointment of ACC Group is a critical milestone on our journey to redefine luxury living and further cement Marasi Bay’s position as the region’s most prestigious address. Aligned with our legacy of collaborating with partners who are committed to our vision, we trust in ACC’s expertise and experience in bringing these exceptional developments to life.”

Rasheed Mikati, Executive Director,  ACC Group added: “Omniyat has always delivered projects that speak to Dubai’s evolution as a global beacon of design and ambition. With nearly six decades of expertise in creating world-class landmarks and critical infrastructure, we are committed to delivering Vela and Vela Viento to the highest global standards.”-TradeArabia News Service.