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OMNIYAT

Growth Score40DXBi Rank138Heat Score100

Omniyat Properties (part of Omniyat Group / Omniyat Holding)

Creating distinct livable art in Dubai

Founded 2005PrivateDubai, UAE, Dubaiomniyat.com
Prospect profilereal-estateultra-luxuryDubaiproperty-developmentsukukhospitality-branded-residences
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Overview

OMNIYAT is a privately-owned, Dubai-based ultra-luxury real estate developer founded in 2005 by Mahdi Amjad, known for design-led projects such as The Opus, One Palm, The Lana (Dorchester Collection Dubai) and Marasi Bay, often built in partnership with global architects (Zaha Hadid) and luxury hospitality brands. The company marked its 20th anniversary in 2025 and reported a launched development portfolio with a gross development value of roughly $11.7 billion spanning Palm Jumeirah, Marasi Marina, Dubai Maritime City, Dubai Islands and Sheikh Zayed Road. It has issued rated sukuk to fund its pipeline and holds two UAE records for the most expensive residential unit sold (a AED73 million One Palm penthouse in 2017, later beaten by a AED102 million penthouse in 2019).
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Private
Headquarters
Dubai, UAE
Founded
2005

Products & Services

The Alba Residences (Dorchester Collection)

Ultra-luxury residential development on Palm Jumeirah, AED 7bn ($1.9bn), designed by Zaha Hadid Architects

AVA at Palm Jumeirah

Ultra-luxury residential development on Palm Jumeirah

ORLA / ORLA Infinity

Ultra-luxury residential masterpiece on Palm Jumeirah

VELA and VELA Viento

Waterfront Dorchester Collection residential towers in Marasi Bay, designed by Foster + Partners

One at Palm Jumeirah (Dorchester Collection)

Completed ultra-luxury residential tower on Palm Jumeirah

Anwa and Anwa Aria

Residential development

Lumena by OMNIYAT

Commercial development

ENARA by OMNIYAT

Premium commercial development in Marasi Bay, Burj Khalifa district

The Opus by OMNIYAT

Mixed-use landmark commercial development designed by Zaha Hadid Architects

The Binary, One by OMNIYAT

Commercial development

The Lana Residences (Dorchester Collection)

Mixed-use luxury residential/hospitality development

OMNIYAT Bespoke

Customizable, one-of-one ultra-luxury real estate service category for UHNWIs, launched Feb 2025

People

Technology

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Financials

Funding rounds

Projects

Contract AwardAnnounced

OMNIYAT appoints Dutco as main contractor for ENARA in Marasi Bay

Omniyat selected Dutco as the primary contractor for ENARA, a mixed-use luxury development in Marasi Bay within the Burj Khalifa district; preliminary construction works already completed.

Mar 1, 2026

Project LaunchAnnounced

OMNIYAT unveils The Alba, a Dorchester Collection development on Palm Jumeirah

OMNIYAT launched The Alba, an AED 7bn ($1.9bn) mixed-use Dorchester Collection project on Palm Jumeirah designed by Zaha Hadid Architects, including The Alba Residences.

$1.9B

Mar 21, 2025

Product/Service LaunchAnnounced

OMNIYAT launches OMNIYAT Bespoke

OMNIYAT launched OMNIYAT Bespoke, a new global real estate category empowering ultra-high-net-worth individuals (UHNWIs) to create fully customized, one-of-one luxury properties.

Feb 27, 2025

Project LaunchAnnounced

OMNIYAT breaks ground on VELA, Dorchester Collection

Dubai's Omniyat broke ground on VELA, a Dorchester Collection waterfront project in Marasi Bay designed by Foster + Partners, following its June launch.

Aug 15, 2026

Project MilestoneCompleted

OMNIYAT begins handover of The Lana Residences, Dorchester Collection

OMNIYAT began handover of units at The Lana Residences, a Dorchester Collection development in Dubai.

Aug 15, 2026

Sales MilestoneAnnounced

OMNIYAT's ENARA commercial project nearly sold out

ENARA by OMNIYAT, a premium commercial development in Marasi Bay's Burj Khalifa district, was reported as nearly fully sold out, signaling strong demand for premium commercial property in Dubai.

Aug 15, 2026

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