The Alba By Omniyat

The Alba Residences by Omniyat is an ultra-luxury beachfront development on the Crescent of Palm Jumeirah, designed by Zaha Hadid Architects and operated under the Dorchester Collection brand. The three-building complex offers 2 to 4-bedroom apartments and 3 to 4-bedroom penthouses with direct private beach access, positioning it among the most exclusive addresses on the Palm. Prices start from approximately AED 20 million for a furnished 2-bedroom residence, with select premium units priced from approximately AED 44 million. Handover is scheduled for Q3-Q4 2028, with a 5/55/40 payment plan spreading construction-linked instalments ahead of a 40% balloon payment at completion.

• Developer: Omniyat with Dorchester Collection

• Architect: Zaha Hadid Architects

• Location: The Crescent, Palm Jumeirah

• Unit Types: 2-4 Bedroom apartments and penthouses

• Starting Price: approximately AED 20 Million

• Payment Plan: 60:40

• Handover: Q4 2028

• Ownership: Freehold

• Waterfront: Direct Palm Jumeirah beachfront

• Branding: Dorchester Collection managed residences

• Direct private beachfront on Palm Jumeirah's Crescent

• Designed by Zaha Hadid Architects, adding architectural collectability

• Managed by Dorchester Collection, a globally recognised hospitality brand

• Constrained beachfront land supply on Palm Jumeirah

• Freehold ownership with Golden Visa eligibility

• Flexible 5/55/40 construction-linked payment plan

• Strong historical appreciation trend for Palm Jumeirah beachfront assets

• Diverse unit mix from 2-bedroom apartments to full penthouses

• Direct private beach access and marina facilities

• Proximity to Atlantis The Palm and Palm West Beach lifestyle precinct

• Five-star concierge and butler services included

• High resale liquidity among global luxury buyers

• Direct private beachfront location on the Crescent of Palm Jumeirah

• Approximately 15-20 minutes to Dubai Marina and JBR

• Approximately 20-25 minutes to Downtown Dubai and Burj Khalifa

• Approximately 25-30 minutes to Dubai International Airport (DXB)

• Approximately 15 minutes to Al Maktoum International Airport via Sheikh Zayed Road extension (drive time varies by traffic)

• Direct access via Palm Jumeirah's monorail connecting to the Trunk and Tram network

• Close to Atlantis The Palm and Palm West Beach dining and retail precinct

• Adjacent to other Dorchester Collection and Omniyat developments including Orla and Orla Infinity

• Positioned within one of the world's most recognised man-made island communities

• Direct access to Sheikh Zayed Road (E11) via Palm Jumeirah's trunk road

The Alba's amenity programme is built around private beachfront living, combining Dorchester Collection's five-star hospitality management with Zaha Hadid Architects' sculptural design vision.

• Private beach club with dedicated sun loungers

• Beachfront infinity swimming pool

• Separate children's pool

• Kids' indoor and outdoor play areas

• Dorchester Collection managed spa suite

• Sauna and steam rooms

• Fully equipped fitness centre

• Yoga and Pilates studio

• Private dining rooms with in-residence chef service

• Sky lounge with sea views

• Private cinema room

• Landscaped beachfront gardens

• Business centre and private meeting suites

• 24-hour concierge and butler service

• Valet parking and chauffeur service

• Dedicated basement parking

• 24/7 security with controlled private access

• Water sports and marina facilities

• Retail and fine-dining outlets within the complex

• 2BR Apartment - Size: 2,200 to 2,800 Sqft, Floors 1 to 8, 2 Bedrooms, 3 Bathrooms, Parking: 2 Spaces, Arabian Gulf and Beach Views, Price AED 20,000,000 Plus

• 3BR Apartment - Size: 3,000 to 3,800 Sqft, Floors 1 to 8, 3 Bedrooms, 4 Bathrooms, Parking: 2 Spaces, Sea and Marina Skyline Views, Price AED 30,000,000 Plus

• 4BR Apartment - Size: 4,000 to 5,000 Sqft, Floors 4 to 10, 4 Bedrooms, 5 Bathrooms, Parking: 3 Spaces, Panoramic Sea Views, Price AED 44,000,000 Plus

• Penthouse - Size: 6,000 to 8,500 Sqft, Top Floors, 4 Bedrooms, 6 Bathrooms, Parking: 3+ Spaces, 360-Degree Sea and Skyline Views, Price AED 65,000,000 Plus

• 5% on Booking

• 55% during construction (staged milestone payments)

• 40% on Handover (Q4 2028)

Market Snapshot

• Palm Jumeirah remains one of Dubai's most supply-constrained beachfront markets

• Branded residences on the Palm command a consistent price premium over standard apartments

• Zaha Hadid-designed developments carry additional architectural cachet in resale markets

• Dorchester Collection's global brand draws international ultra-high-net-worth demand

• Palm Jumeirah beachfront transactions have consistently ranked among Dubai's highest per-sqft sales

Rental Yield

• Estimated gross yields of approximately 4-5% for branded beachfront residences

• Short-term luxury rental demand on Palm Jumeirah supports strong seasonal occupancy

• Larger penthouse units can command premium executive and holiday-let rates

Capital Appreciation

• Palm Jumeirah beachfront property has shown sustained long-term appreciation given fixed land supply

• Dorchester Collection branding supports resale value retention

• Zaha Hadid Architects' design pedigree adds a long-term collectability premium

Price Per Sqft Value

• Entry pricing reflects a premium versus standard Palm Jumeirah apartment stock, justified by beachfront access and branding

• Penthouse units carry the highest per-sqft valuations in the development

• Comparable in positioning to other Dorchester Collection-branded Omniyat projects such as Orla and Orla Infinity

Key Risk to Note

• Extended handover timeline to 2028 exposes buyers to multi-year construction risk

• Very high entry price points narrow the pool of qualified resale buyers

• Service charges for beachfront branded residences tend to be above the Dubai average

• Market performance is tied to sustained international luxury demand

• Off-plan investors must fund milestone payments before project completion

What makes The Alba unique?

The Alba is one of the few developments in Dubai combining Zaha Hadid Architects' design with Dorchester Collection hospitality management on a direct private beach on Palm Jumeirah's Crescent, a combination not replicated elsewhere on the Palm.

How is the final payment handled at handover?

Buyers pay a 40% balloon payment at handover, scheduled for Q3-Q4 2028, following the 5% booking and 55% construction-linked instalments.

What is the expected capital appreciation?

Palm Jumeirah's fixed beachfront supply and Dorchester Collection branding support strong long-term appreciation potential, though returns are not guaranteed and depend on market cycles.

What rental income can be expected?

Estimated gross yields are around 4-5%, with premium achievable through short-term luxury lets given the beachfront location and five-star branding.

Who is the developer?

Omniyat, partnered with Dorchester Collection for hospitality management and Zaha Hadid Architects for design, both globally recognised luxury names.