Langham Place by Omniyat (Cancelled / Rebranded as Vela Viento)

TL;DR Summary:

• Developer: Omniyat
• Location: Business Bay (Marasi Bay Waterfront)
• Status: Cancelled / Replaced by Vela Viento
• Historical Context: Originally planned as a twin-tower hotel and residential complex, the project was cancelled and the prime waterfront plot was repurposed for Omniyat's new ultra-luxury development, Vela Viento.

1. Project History and Cancellation

Langham Place Downtown Dubai was a highly publicized, premium mixed-use project announced by Omniyat Properties in collaboration with the Langham Hospitality Group. The development was planned for a highly strategic, prime waterfront plot in the Marasi Bay area of Business Bay, directly overlooking the Dubai Water Canal.

Originally, the project was envisioned as a twin-tower complex comprising a 5-star hotel (with 167 rooms) and a residential tower featuring 272 serviced apartments. It was marketed with high-end amenities, including a signature Chuan Body + Soul spa and a two-star Michelin restaurant. However, after several years of delays (originally slated for completion between 2018 and 2022), the project was officially put on hold and subsequently cancelled.

2. The Successor: Vela Viento

The highly valuable plot of land intended for Langham Place was not left dormant. Omniyat repurposed the site to launch a new, ultra-luxury residential masterpiece: Vela Viento.

Vela Viento represents a significant pivot towards the ultra-high-net-worth market. Rather than a dense hotel and serviced apartment complex, Vela Viento is a highly exclusive, low-density residential tower managed by the Dorchester Collection.

Designed by the world-renowned architectural firm Foster + Partners, Vela Viento features massive floor-to-ceiling windows, private terrace pools in select units, and an incredible "Sky Amenities Deck" located 100 meters above the ground.

3. Investment Context

If you are encountering listings or marketing material for "Langham Place Dubai," it is important to note that these are historical artifacts. The project is no longer active.

Investors interested in this specific prime waterfront location in Business Bay should direct their attention to Vela Viento (or the adjacent sister project, VELA), which represent the current, active developments by Omniyat on this plot. These new projects operate in a significantly higher price bracket (often starting around AED 20 Million+) compared to the original Langham Place proposals.