ENARA by Omniyat

ENARA by Omniyat is a 21-storey ultra-luxury office tower positioned in Marasi Bay, Business Bay, along the Dubai Water Canal. The project is distinguished by its sustainability ambitions, targeting four Platinum-level certifications: LEED Platinum, WELL Platinum, WiredScore Platinum and SmartScore Platinum, positioning it as one of the most environmentally and technologically advanced commercial addresses in Dubai. Units range from 8,321 to 11,829 sqft, with prices from approximately AED 79.98 million to AED 110 million. ENARA is sold on a 70:30 payment plan with no post-handover instalments, meaning the full balance is settled by the Q4 2028 handover date, an investor-friendly structure for corporate buyers seeking full ownership at completion.

• Developer: Omniyat

• Location: Marasi Bay, Business Bay

• Unit Types: Full-floor and multi-floor offices

• Size Range: 8,321 to 11,829 Sqft

• Starting Price: approximately AED 79.98 Million

• Payment Plan: 70:30 (no post-handover instalments)

• Handover: Q4 2028

• Ownership: Freehold

• Sustainability: Targeting 4 Platinum-level certifications

• Waterfront: Direct Dubai Water Canal frontage

• Targeting four Platinum-level sustainability and smart-building certifications

• Direct Dubai Water Canal frontage in Marasi Bay

• 70:30 payment plan with no post-handover instalments

• Developed by Omniyat, a proven ultra-luxury developer

• Minutes from Downtown Dubai and DIFC

• Freehold commercial ownership with Golden Visa eligibility

• Appeals to ESG-conscious corporate tenants seeking certified green buildings

• Limited waterfront office supply in Business Bay supports scarcity value

• Full-floor and multi-floor configurations suited to corporate headquarters

• Direct connectivity to Sheikh Zayed Road and Al Khail Road

• Positioned within a growing luxury commercial waterfront corridor

• Higher typical yields than residential comparables in the district

• Direct frontage on the Dubai Water Canal within Marasi Bay, Business Bay's premium waterfront precinct

• Approximately 5-8 minutes to Downtown Dubai and the Burj Khalifa district

• Approximately 10 minutes to DIFC, Dubai's financial hub

• Approximately 15-20 minutes to Dubai International Airport (DXB)

• Direct access to Al Khail Road (E44) and Sheikh Zayed Road (E11)

• Approximately 20 minutes to Dubai Marina and Palm Jumeirah

• Walkable canal-side promenade connecting to Business Bay's retail and dining strip

• Close proximity to Dubai Design District (d3), roughly 10-12 minutes away

• Positioned among Omniyat's cluster of waterfront developments including Vela and Lumena

• Located in one of Dubai's fastest-growing sustainable commercial micro-markets

ENARA's amenity design is built around sustainability and wellness, aligning with its target Platinum-level certifications while offering the business infrastructure expected of a premium waterfront office address.

• Canal-facing floor-to-ceiling glazing across office floors

• LEED Platinum sustainable building systems

• WELL Platinum wellness-focused air and light quality standards

• WiredScore Platinum digital connectivity infrastructure

• SmartScore Platinum smart building automation

• Dedicated business lounge

• Conference and meeting room facilities

• High-speed smart elevator system

• Retail and F&B outlets at ground level

• 24/7 concierge desk

• Valet parking service

• Dedicated basement parking

• Fitness centre for office tenants

• 24/7 security with CCTV monitoring

• Energy-efficient HVAC and climate control

• Canal promenade and walkway access

• High-speed internet and telecoms infrastructure

• Multi-Floor Office - Size: 8,321 to 9,800 Sqft, Floors 3 to 15, N/A Bedrooms (Commercial Unit), 3-5 Washrooms, Parking: 3 Spaces, Dubai Water Canal Views, Price AED 79,980,000 Plus

• Full-Floor Office - Size: 10,000 to 11,829 Sqft, Floors 15 to 21, N/A Bedrooms (Commercial Unit), 5-6 Washrooms, Parking: 5 Spaces, Panoramic Canal and Business Bay Views, Price AED 110,000,000 Plus

• 5% on Booking

• 65% during construction (staged milestone payments)

• 30% on Handover (Q4 2028)

• No post-handover instalments

Market Snapshot

• Business Bay's Marasi Bay precinct is emerging as a premium sustainable commercial address

• Platinum-level green and wellness certifications are rare in Dubai's commercial office market, differentiating ENARA

• Waterfront office supply in Business Bay remains limited relative to demand

• ESG-conscious corporate tenants increasingly prioritise certified sustainable buildings

• Proximity to Downtown Dubai continues to support commercial demand in the district

Rental Yield

• Estimated gross yields of approximately 6-7% for premium sustainable Business Bay office stock

• Corporate tenants increasingly favour certified green buildings, supporting rental premiums

• Canal-facing floor plates command a rental premium over inland office stock

Capital Appreciation

• Sustainability-certified commercial buildings have shown increasing demand-driven appreciation globally

• Marasi Bay's limited waterfront office land bank supports long-term scarcity value

• Omniyat's luxury development track record supports resale positioning

Price Per Sqft Value

• Price per sqft reflects a premium versus standard Business Bay office towers, justified by waterfront frontage and sustainability certifications

• Full-floor units carry the highest per-sqft valuations in the tower

• Comparable to other Omniyat commercial waterfront addresses such as Lumena

Key Risk to Note

• High entry price points limit the buyer pool to institutional and high-net-worth investors

• Handover is scheduled for Q4 2028, exposing buyers to a multi-year construction timeline

• Achieving all four Platinum certifications depends on final construction compliance

• Commercial office performance is tied to Dubai's broader corporate real estate cycle

• Off-plan investors must fund 70% of the price before handover under the payment plan

What makes ENARA unique?

ENARA is targeting four Platinum-level certifications, LEED, WELL, WiredScore and SmartScore, making it one of the most sustainability-focused commercial office towers in Dubai, set on a direct Dubai Water Canal waterfront position in Marasi Bay.

How is the final payment handled at handover?

Buyers pay a 30% balloon payment at handover, scheduled for Q4 2028, following the 5% booking payment and 65% in construction-linked instalments, with no further post-handover instalments required.

What is the expected capital appreciation?

Sustainability-certified waterfront commercial buildings are showing increasing global demand, and ENARA's certifications combined with its canal-front Business Bay position support long-term appreciation potential, though not guaranteed.

What rental income can be expected?

Estimated gross yields are around 6-7%, with certified green buildings typically commanding rental premiums from ESG-focused corporate tenants.

Who is the developer?

Omniyat is a Dubai-based ultra-luxury developer known for landmark projects including One Palm, The Opus by Zaha Hadid, and its Business Bay commercial towers Lumena and ENARA.