ENARA by OMNIYAT waterfront residences construction update August 2024 overlooking Dubai marina lifestyle Presented by Tohid Fetrat

OMNIYAT · Marasi Bay · Construction Update

ENARA by OMNIYAT Construction Update - August 2024

August 2024 Baseline Inspection Records a 0% DLD Register Reading for ENARA by OMNIYAT in Marasi Bay

No construction activity had started when RERA inspectors visited the ENARA plot in Marasi Bay on 15 August 2024, fixing a 0% baseline for every later reading.

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0%DLD Register Reading
15 August 2024Inspection Date
Q4 2028Expected Handover
3220DLD Project Number

Verified DLD Inspection Data

ENARA by OMNIYAT Construction Snapshot

A first reading of 0%, with no earlier inspection to compare against, opens the ENARA record at the very start of the enabling and foundations band, where escrow checks and the payment schedule carry more weight than anything on site.

Project Name

ENARA by OMNIYAT

Project Number

3220

Project Status

Active

Construction Progress

0%

Inspection Date

15 August 2024

Construction Start

01 October 2024

Total Units

49 units

Total Built Area

42,867.58 sq m

Expected Completion

Q4 2028

Data source: RERA inspection conducted on 15 August 2024, tracked against DLD inspection records; the Independent Progress Monitoring Report for project 3220 carries the line "Independently inspected and progress audited for RERA". The hero image is a project rendering of the finished tower, not site photography, and the two RERA inspection photos stay with the official record. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: September 2026.

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This Inspection Cycle

ENARA by OMNIYAT Construction Progress Summary

The 15 August 2024 visit predates two later entries on the DLD record for ENARA: registration of project 3220 on 02 September 2024, eighteen days afterwards, and a recorded construction start of 01 October 2024. The monitoring report's note reads "At the time of inspection, no construction activity has started at site.", which makes this 0% figure the baseline on the register rather than a construction milestone.

On Record
  • Project 3220, Enara By Omniyat, on plot 113 in Business Bay
  • Registered developer FORTY TWO DOWNTOWN REAL ESTATE DEVELOPMENTS L.L.C
  • Trust account bank named in the report: Mashreq Bank PSC
Recorded at 0%
  • No construction activity on site at the 15 August 2024 visit
  • Progress status in the monitoring report: N/A
  • Two RERA inspection photos filed with the record, not reproduced here
  • Scheme registered as one tower of 6 basements, ground and 21 floors
Ahead of Handover
  • DLD project registration, recorded on 02 September 2024
  • Recorded construction start of 01 October 2024
  • Enabling works, then sub structure, structure, facade and MEP
  • Handover expected in Q4 2028
Next inspectionThe following reading on the DLD register is dated 08 August 2025, 358 days after this baseline; the August 2025 update covers it.
Expected handoverQ4 2028. The DLD record separately lists a registered completion date of 31 December 2027.
Remaining distance100 percentage points: the whole build lies ahead of the 15 August 2024 reading.

Payment Linked Progress

What a 0% Register Reading Means for ENARA Buyers

ENARA's payment plan is construction linked: after 25% across the booking form and the SPA, 45% follows named build stages and 30% falls on the Project Completion Date, per OMNIYAT's published schedule. A 0% reading means the inspector found none of those build stages under way on site. At this point in the ENARA record, four actions matter most.

Before Any Transfer

Verify the escrow account

Booking and SPA payments should go only to the DLD regulated escrow account for project 3220, held with Mashreq Bank PSC; the register shows the developer as FORTY TWO DOWNTOWN REAL ESTATE DEVELOPMENTS L.L.C rather than OMNIYAT. ENARA by OMNIYAT escrow account verification is the step before any transfer; the lookup itself takes about two minutes against the official DLD project record.

Before the Commencement Stage

Reread your SPA milestone schedule

The published schedule sets 5% at Commencement and 5% at Enabling Works, then Sub Structure, Structure, Facade and MEP stages, with 30% on the Project Completion Date; check how your sale and purchase agreement defines each stage against this 0% record. Not sure how your installments map to this reading? Send me your SPA schedule and I will map it against the recorded milestones.

After the SPA Is Signed

Confirm your Oqood registration

An off plan office purchase is recorded on the interim Oqood register once the SPA is registered; with ENARA entered as project 3220 on 02 September 2024, check that your office appears against that number.

Every Cycle

Track the readings from zero

Movement off this baseline arrives in later cycles, and each one shows which part of the build the inspector found on site. The ENARA by OMNIYAT construction updates guide keeps every dated reading in one place.

General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.

Buying at 0%?

Entering at the baseline trades certainty for runway: nothing stood on the plot at this inspection, and under the developer's schedule 75% of the price follows the SPA stage as the building rises and completes. Every payment goes to the DLD-registered escrow account for project 3220, released against construction progress recorded in RERA inspections.

Entering at the 0% Baseline
  • No works on site at the 15 August 2024 inspection: the full build lies ahead
  • Handover expected in Q4 2028, the longest wait in the record
  • 45% of the plan tied to build stages, 30% due on completion
Typical Late-Stage Entry
  • Structure already on the register before you commit
  • A shorter wait between purchase and handover
  • Fewer installments left, with more of the price due close to completion
AED 60.14M ≈ USD 16.24MStarting Price
70/30 Plan30% Due on Completion
Q4 2028Expected Handover
Ask What Is Available at ENARA

2 units listed available on the ENARA project page at publication; availability shifts between cycles.

About the Development

ENARA by OMNIYAT Project Details

Waterfront skyline view of ENARA by OMNIYAT in Marasi Bay, Business Bay, featuring contemporary commercial towers reflected across the marina waterfront. Presented by Tohid Fetrat.
Marasi Bay · OMNIYAT

At the August 2024 baseline no works had begun, so ENARA existed only as a plan: a Gensler designed office tower of 49 units on plot 113, offered as Grand and Ultra-Grand Offices. Starting prices: AED 60.14M ≈ USD 16.24M.

For buyers entering at this stage, the trade off is the full construction risk and the longest wait against the widest payment runway, with 30% due on completion and handover expected in Q4 2028.

ENARA by OMNIYAT Project Guide

Site Context This Cycle

Explore ENARA by OMNIYAT Location on Dubai Map

ENARA's plot 113 sits at the apex of Dubai Canal where it opens onto Marasi Bay, and that waterfront position shapes the first works: with a registered scheme of 6 basements beneath ground and 21 floors, excavation support beside the water has to come before anything rises, and in August 2024 none of it had begun.

Marasi Bay is not an emerging district: roads, the canal promenade, and OMNIYAT's The Lana, Dorchester Collection, Dubai already frame the water, so buyers at this baseline were paying for a working setting around an office tower that existed only on paper. See the plot's position on the interactive Dubai real estate map. See the project’s position on the interactive Dubai real estate map.

Interactive Dubai real estate map preview
Click to view ENARA BY OMNIYAT on Dubai Map

Buyer Resources for This Project

Investing in ENARA by OMNIYAT at the Pre-Construction Baseline

Before any structure exists, the useful resources are the ones that protect money and plan residency: the running inspection record, Golden Visa eligibility, and the escrow check for project 3220.

ENARA by OMNIYAT construction updates featuring luxury waterfront residences and Dubai skyline at night Presented by Tohid Fetrat
You Are Here

ENARA by OMNIYAT Construction Updates

This page: the 15 August 2024 baseline inspection for ENARA, recorded before any construction began.

ENARA by OMNIYAT luxury waterfront residences in Dubai with UAE Golden Visa investment card concept Presented by Tohid Fetrat

ENARA by OMNIYAT Golden Visa Around One Ultra-Luxury Office

ENARA by OMNIYAT, a Marasi Bay office tower, clears the line with both office categories; DLD and GDRFA confirm commercial eligibility.

Read ENARA by OMNIYAT Golden Visa Guide
ENARA by OMNIYAT secure escrow account concept with luxury waterfront residences in Dubai Presented by Tohid Fetrat

ENARA by OMNIYAT Escrow: A 49-Unit Marasi Bay Account

ENARA by OMNIYAT at Marasi Bay keeps 49 units in Mashreq escrow, DLD project 3220, 7.25% certified in June 2026.

Verify ENARA by OMNIYAT Escrow Account

Update Timeline

Other ENARA by OMNIYAT Construction Updates

Follow ENARA forward from this 0% baseline through each later reading on the DLD register, inspection by inspection.

All ENARA by OMNIYAT Construction Updates

FAQs

ENARA by OMNIYAT Construction Progress in August 2024: Frequently Asked Questions

The DLD register reading for ENARA by OMNIYAT, project 3220, was 0% at the RERA inspection of 15 August 2024. It is the first inspection on record for the project, so there is no earlier reading to compare it with, and the monitoring report lists the progress status as N/A.

It came first. The DLD record shows the project registered on 02 September 2024, 18 days after the inspection, and a recorded construction start of 01 October 2024, so the August 2024 reading is a baseline entry on the register rather than a construction milestone.

Handover is expected in Q4 2028, and the DLD register separately lists a registered completion date of 31 December 2027. A single 0% reading taken before construction started carries no information about build pace, so it neither supports nor contradicts either date; how later readings are followed through to completion is set out in the ENARA by OMNIYAT construction updates guide.

The inspection note reads: "At the time of inspection, no construction activity has started at site." Two RERA inspection photos are filed with the record and are not reproduced on this page. The same report describes the scheme as one tower of 6 basements, ground and 21 floors on plot 113 in Business Bay.

On the site record, none of the build stages had begun. OMNIYAT's published schedule sets 5% at Commencement, 5% at Enabling Works, 10% each at Sub Structure, Structure and Facade, 5% at MEP and 30% on the Project Completion Date, while the 15 August 2024 inspection found no construction activity. When each installment is called is governed by the individual SPA and confirmed by OMNIYAT.

The Independent Progress Monitoring Report of 15 August 2024 names FORTY TWO DOWNTOWN REAL ESTATE DEVELOPMENTS L.L.C, developer number 1559, rather than the OMNIYAT brand. Anyone matching registration or escrow details against the DLD record should expect this registered entity, and the SPA is the document that sets out how it relates to OMNIYAT.

A Question the FAQ Can Not Answer?

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

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Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is helping you read the August 2024 inspection record for ENARA by OMNIYAT correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.

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