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Dubai’s most expensive penthouse sold! OMNIYAT sets record at $37.8 million

The four-bedroom penthouse at the newly opened The Lana Residences, Dorchester Collection, spans over 16,594 square feet, overlooking the Marasi Marina between the Burj Khalifa District and the Dubai Design District

Dubai’s most expensive penthouse sold! OMNIYAT sets record at $37.8 million

OMNIYAT, a leading real estate developer in Dubai, has broken a new record with the sale of a penthouse for $37.8 million (AED 139 million), the most expensive property in the Burj Khalifa district. The four-bedroom penthouse, located at The Lana Residences is part of the prestigious Dorchester Collection in Dubai.

This sale follows their previous record-breaking transactions, including the sale of the penthouse at One at Palm Jumeirah for AED 102 million in 2017, which was one of the most expensive properties ever sold in the UAE at the time. Furthermore, OMNIYAT achieved another milestone with the sale of the Sky Palace at AVA at Palm Jumeirah for AED 220 million in 2023.

Setting new standards of luxury living

OMNIYAT continues to set new standards in the real estate market with the recent sale of the penthouse at The Lana Residences. Spanning over 16,594 square feet, the exquisite penthouse is a one-of-a-kind haven, offering sweeping views across the waters of Marasi Bay Marina on the Dubai Canal, with the iconic Downtown skyline beyond. It is also fitted with bespoke interiors by the world-renowned Gilles & Boissier Design Studio.

Mahdi Amjad, Founder and Executive Chairman at OMNIYAT, mentions, “This is more than just a property; it’s a sanctuary in which every detail has been thoughtfully curated to evoke a sense of harmonious balance.”


Omniyat recently acquired Marasi Bay Marina from Business Bay LLC, the first of its kind for the company.

“The acquisition of Marasi Bay Marina represents a once-in-a-generation transformation of the area, with its prime location close to Downtown. The unique characteristics of the location will allow us to craft an exclusive, conceptual lifestyle destination unseen in Dubai,” adds Amjad.