Omniyat Properties, the developer based in Dubai, has handed over the Bayswater tower, the first office building of the Dh110bn (US$29.95bn) Business Bay development next to Downtown Burj Dubai.

Omniyat is Dubai’s first developer to start leasing in an area set to have more than 200 buildings, mainly offices, and a population of 191,000 people, according to the master developer Dubai Properties.

Omniyat has launched seven projects in the area and said it would hand over the second tower, One Business Bay, in six weeks.

The National