OMNIYAT · Business Bay

Lumena

• Apartments

Bedrooms

On request

Size

On request

Payment plan

On request

Completion

Pre-launch

Available

On request

Handover

Q4 2029

About Lumena

A New Tower in Business Bay

Lumena is a single 45-storey tower rising over seven basement levels plus ground and roof, positioned within Business Bay, one of Dubai's most searched addresses for buyers looking at apartments for sale in Business Bay. The project comprises 98 units across the tower, giving it a lower density profile than many of the taller towers along the Dubai Water Canal.

Construction is scheduled to begin at the end of 2025, with handover targeted for Q4 2029. At this early stage, the project sits firmly within the off plan Business Bay segment, appealing to buyers comfortable with a longer construction runway and a developer payment plan structure typical of pre-launch stock.

Omniyat's Development Approach

Lumena is developed by Omniyat, a Dubai-based developer known for architecturally distinct towers rather than volume-driven mid-market schemes. The brand's positioning generally targets buyers seeking design-led residences over standardised layouts, which is consistent with a single-tower, 98-unit scheme rather than a sprawling multi-phase master plan.

The escrow account for the project is held with Dubai Islamic Bank, a standard safeguard under Dubai's off-plan regulatory framework that ring-fences buyer payments against construction milestones.

Business Bay Property Investment

For anyone tracking business bay property investment trends, a low-unit-count tower entering construction with a 2029 handover offers a longer holding horizon before delivery, which some investors use to plan phased capital deployment through the construction period rather than committing to a near-term handover project.

Given the community's established demand base for apartments in Business Bay, from young professionals to canal-facing rental tenants, Lumena's single-building format is likely to be marketed on exclusivity and lower total supply rather than scale.

Construction Timeline & Structure

The building structure is described as seven basement levels, ground floor, 45 upper floors and a roof level, an unusually deep basement configuration that typically accommodates parking and back-of-house services below a mid-rise tower footprint.

As of the current filing, the project is at 0% completion and has not yet broken ground, meaning early buyers into this off plan project in Business Bay will be purchasing several years ahead of delivery.

Key highlights

• Single tower with 45 floors plus 7 basement levels and roof
• Only 98 units across the entire building
• Developed by Omniyat in Business Bay
• Construction start end of 2025, handover Q4 2029
• Escrow held with Dubai Islamic Bank
• Currently 0% complete, early-stage off-plan opportunity

Why this project

• A 98-unit, single-tower Omniyat development in Business Bay with a 45-floor profile and 2029 handover.

Location

Business Bay Location Context

Business Bay sits directly south of Downtown Dubai along the Dubai Water Canal, functioning as a mixed commercial and residential extension of the city centre. It is served by Business Bay Metro Station and has direct road access onto Sheikh Zayed Road, making it a practical base for commuters working across Downtown, DIFC and Dubai Marina.

The area in Dubai is known for its canal-front promenade, dense cluster of office towers, and a growing residential base that has made it one of the most searched locations among buyers browsing properties for sale in Business Bay.

Getting Around & Nearby Draws

From Business Bay, Downtown Dubai and Dubai Mall are a short drive or metro ride away, and the canal walkway links through to Safa Park and on toward Jumeirah. Buyers weighing this location against other parts of the city can review the wider off-plan projects landscape or browse Dubai's full communities directory for comparison.