UAE Briefing 13.10.2025

At the webinar, brokers were introduced to Lumena Alta by Omniyat—a new commercial real estate project in Business Bay, representing a rare opportunity for investors and corporate buyers. The central idea of the presentation was the shortage of premium Class A office space in Dubai and the project’s highly advantageous location.

Location as the key argument

The project is located in Business Bay, near Burj Khalifa, at the intersection of two metro lines: an existing one and a new line confirmed for development in the coming years. This transport connectivity, combined with its position in one of the city’s key business districts, makes Lumena Alta stand out in the market.

Additional emphasis was placed on views and the prestige of the surroundings. The tower offers panoramic views of Burj Khalifa, the Jumeirah coastline, Burj Al Arab, and Business Bay, while the area itself is already surrounded by premium residential developments. This strengthens future demand for both purchase and office leasing.

Project concept

Lumena Alta is not just an office tower, but a mixed-use development with premium infrastructure. The building will feature office spaces, a separate hotel component with its own entrance, spa and wellness areas, a sky bar, restaurants, and a panoramic pool at approximately 335 meters. This combination of functions serves as a marketing tool, enhancing the project’s visibility and prestige.

Specifications and pricing

The webinar presented various types of office units: approximately 420–450 sq.m on standard floors, and larger units of around 680–800 sq.m on upper levels. Many units include balconies and panoramic glazing, with variations primarily in size, height, and view orientation.

According to the announced figures, starting prices begin at approximately AED 21.5 million, with a 50/50 payment plan. A down payment is required to reserve a unit, after which payments are spread over the construction period. Options discussed included purchasing one-third of a floor, half a floor, or an entire block for use as a private business center.

Investment rationale

The key message of the webinar was the project’s capitalization potential. Given the shortage of luxury office space in Dubai and the limited number of comparable properties, the project is expected to show price growth before completion and to be attractive for long-term leasing. It was also noted that commercial lease agreements in Dubai are often signed for multiple years, making this asset a clear and predictable investment instrument.

As a result, Lumena Alta represents a rare product in the Dubai market: premium office real estate with a prime location, a hospitality component, and strong appeal both for end users and for investors looking to enter at an early stage.