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| Unit | Type | Size (sq ft) |
|---|---|---|
| Deluxe | 515 | |
| Bedroom Suite | 1,077 | |
| Bedroom Suite | 1,746 |
Ask Sophia for recent DLD sales close to this project.
See what sold nearbyLangham Place is off-plan and has no resales yet, so this shows the area trend
| Dec 2025 | AED 2,629/sq ft |
|---|---|
| Jan 2026 | AED 2,748/sq ft |
| Feb 2026 | AED 2,473/sq ft |
| Mar 2026 | AED 2,602/sq ft |
| Apr 2026 | AED 2,721/sq ft |
| May 2026 | AED 2,471/sq ft |
| Jun 2026 | AED 2,406/sq ft |
| Jul 2026 | AED 1,868/sq ft |
DLD sales transactions · Business Bay · monthly medians · Dec 2025 – Jul 2026
Business Bay
TL;DR: Langham Place Downtown Dubai was an ambitious twin-tower mixed-use development planned by Omniyat Properties for the Marasi Bay waterfront in Business Bay. Originally conceived as a partnership with the Langham Hospitality Group — delivering a 5-star hotel (167 rooms) and 272 serviced residential apartments with Michelin-restaurant dining and Chuan spa — the project was subject to years of delays and ultimately cancelled.
Langham Place Downtown Dubai was announced by Omniyat Properties in 2008, at the height of Dubai's pre-crisis real estate boom. Omniyat — a developer synonymous with architectural ambition and premium mixed-use concepts — envisioned a twin-tower complex at one of Business Bay's most coveted waterfront positions: a Marasi Bay plot with direct frontage onto the Dubai Water Canal, within sightline of the Burj Khalifa and positioned to capture views of both Downtown Dubai and the canal's sculpted banks.
The Langham Hospitality Group, a subsidiary of Hong Kong-based CK Asset Holdings and owner of some of the world's most distinguished luxury hotel brands, was selected as the hospitality partner. The Langham name — associated with landmarks including The Langham London (opened 1865), The Langham Hong Kong, and The Langham New York — brought a century-and-a-half of luxury hotel heritage to the project.
Tower A (Residential):
Tower B (Hotel):
Combined amenities:
Originally slated for completion circa 2018, the project experienced multiple deferrals across the 2015–2022 period. Contributing factors included the broader Dubai real estate cyclical correction following the 2014–2016 oil price decline, the COVID-19 pandemic's impact on hospitality-linked residential development economics, and the strategic reassessment of Business Bay waterfront plots as the canal corridor became significantly more valuable through the 2020–2024 period.
The project was ultimately officially cancelled without completing construction. Buyers who had committed to the original Langham Place development were addressed through Omniyat's remediation process, and the plot entered a new phase of development planning.
Rather than applying a different developer to the prime Marasi Bay plot, Omniyat made the decision to retain ownership and reposition the site for a fundamentally different market tier — the ultra-high-net-worth residential segment that had emerged as Dubai's most dynamic and globally relevant buyer category.
Vela Viento is an ultra-luxury 92-unit residential tower at Marasi Bay, Business Bay — a limited-edition collection that represents a dramatic upward repositioning from the original Langham Place concept:
Developer: Omniyat Properties Hotel management brand: Dorchester Collection — one of the world's most prestigious luxury hotel groups, managing properties including The Dorchester London, Hotel Bel-Air Los Angeles, Le Meurice Paris, and Hôtel du Rhône Geneva Architect: Foster + Partners — the world's most celebrated architectural firm and the studio behind the Gherkin (London), Apple Park (Cupertino), and multiple landmark UAE structures Interior design: Gilles & Boissier — the Parisian interior design studio known for its emotionally resonant, culturally referential interior narratives
Foster + Partners — which also designed the adjacent VELA tower on the Marasi Bay waterfront — brought its signature combination of technical precision and spatial generosity to Vela Viento. The towers are conceived as complementary sculptural elements in the Business Bay skyline, with curved glass facades that reflect the canal below and the Burj Khalifa above. Floor-to-ceiling glazing throughout ensures that the relationship between interior space and waterfront panorama is maintained at every level.
The Dorchester Collection manages Vela Viento's residential services — meaning owners receive hotel-standard concierge, housekeeping, maintenance, and guest services as standard residential amenities, rather than as hotel-guest extras. This service model has been pioneered by the Dorchester Collection across multiple branded residences globally and is associated with the highest achievable service quality in the residential sector.
The Marasi Bay waterfront in Business Bay has become one of Dubai's most intensely valued real estate micro-locations. The combination of canal views, Burj Khalifa proximity, Dubai Water Canal promenade activation, and the concentration of ultra-luxury projects (One Za'abeel, Baccarat Hotel, VELA/VELA VIENTO, One Sanibel) has established Business Bay's waterfront as directly competitive with Paris's Seine, London's South Bank, and Singapore's Marina Bay as a globally recognised luxury address.
Business Bay luxury market indicators (2024–2025):
For buyers and researchers encountering Langham Place in listings or databases, understanding the project's history is essential to contextualising Business Bay's current market. The cancellation of Langham Place and its replacement by Vela Viento illustrates a defining trend in Dubai's luxury real estate evolution: the most valuable plots have been systematically repositioned toward ultra-high-net-worth buyers over the past decade, compressing supply at the premium tier and creating persistent upward price pressure.
Omniyat's Vela Viento, designed by the world's most celebrated architects and managed by one of the world's most prestigious hotel brands, represents the logical culmination of this repositioning on one of Business Bay's most coveted waterfront sites.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Langham Place by Omniyat in Business Bay starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Langham Place offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Langham Place is scheduled for completion in Q3 2020. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Langham Place by Omniyat in Business Bay offers strong investment potential. Business Bay is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Langham Place is developed by Omniyat, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Langham Place offers world-class amenities including Gym, Security, Central A/C, Shared Pool, Covered Parking and 2 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.