Omniyat

What Omniyat does

Omniyat is a Dubai-based ultra-luxury real estate developer founded in 2005 by Mahdi Amjad, operating a portfolio of 18 projects across three master-planned destinations — Palm Jumeirah, Marasi Bay (Burj Khalifa District), and Business Bay. The company develops and sells branded residences, ultra-luxury commercial towers, and mixed-use destinations, with named assets including The Opus, The Lana, ENARA, LUMENA, The Alba, ORLA, Vela, Vela Viento, AVA, and One at Palm Jumeirah. Its product is differentiated by exclusive partnerships with global architectural firms (Zaha Hadid Architects, Foster + Partners, Gensler, GAD, Gilles & Boissier) and a strategic hospitality alliance with Dorchester Collection, which manages hotel services across multiple branded-residence projects.

The underlying technical proposition centers on sustainable, wellness-oriented, and digitally enabled buildings. ENARA achieved the UAE's first triple-Platinum certification (LEED Platinum, WELL Platinum, WiredScore Platinum, SmartScore Platinum), with LUMENA targeting Al Sa'fat Platinum, BREEAM Outstanding, and parallel Platinum pre-certifications. Smart-building infrastructure includes robotic cleaning, voice-command workspaces, biometric security, and integrated connectivity (WiredScore/SmartScore standards). Omniyat also operates Omniyat Atelier, a bespoke design service for individualized client commissions.

The business model is one-time luxury property sales to ultra-high-net-worth individuals and corporate buyers, supplemented by hospitality revenue through Dorchester Collection-managed hotel operations and recurring-style capital markets activity via sukuk financing. FY2025 revenue reached AED 4.1 billion (~USD 1.12 billion) on total group sales of AED 20 billion (USD 5.4 billion) and net profit of AED 1.17 billion — a 150% year-over-year revenue surge. Distribution is direct-to-buyer via project sales galleries (One at Palm Jumeirah, The Alba, The Opus, Marasi Bay), website inquiries, and international luxury showcases such as the Monaco Yacht Show. The company has raised USD 1.5 billion through three sukuk issuances since May 2025 to fund its USD 11.7 billion development pipeline, supported by 12 million sq ft of land bank and a revenue backlog representing over five years of forward revenue visibility.

Name

Omniyat

Legal name

Omniyat Group

Website

https://omniyat.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Omniyat is a Dubai-based ultra-luxury real estate developer founded in 2005, delivering architecturally distinctive residential, commercial, mixed-use, and branded-residence properties in prime waterfront locations for ultra-high-net-worth individuals and global investors.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Development

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Ultra-Luxury Villas & Estates (THAMAEAA)

akta.pro secondary industries

Luxury Beachfront & Waterfront Villas (THAMAEAE), Luxury Villas & Residences Resorts (THAGACAM)

Keywords

• Luxury real estate development
• Ultra-luxury residential
• Branded residences
• Commercial property development
• Waterfront real estate

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Luxury Residential Property Sales: Primary revenue stream from sale of ultra-luxury residential properties including villas, apartments, penthouses, and townhouses across Dubai's prime locations (Palm Jumeirah, Marasi Bay, Burj Khalifa District). The company reported AED 20 billion ($5.4 billion) in total sales for 2025.
2. Commercial Property Sales: Revenue from sale of ultra-luxury commercial spaces including office towers (ENARA, LUMENA, The Opus, The Binary, One by Omniyat, Bayswater). LUMENA achieved Business Bay's highest total sales value of AED 3.4 billion at launch.
3. Green Sukuk Issuances: Capital raised through Islamic bonds (sukuk) for sustainable development projects. Omniyat raised $500 million green sukuk in May 2025, $400 million sukuk in September 2025, and $600 million sukuk in February 2026, totaling $1.5 billion in sukuk issuances.
4. Hospitality and Hotel Operations: Revenue from hotel operations through Dorchester Collection partnerships including The Lana Hotel and ME Dubai Hotel within mixed-use developments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Omniyat is an ultra-luxury real estate developer that creates and sells architecturally significant residential, commercial, and mixed-use properties in Dubai's prime waterfront and beachfront locations. The company develops branded residences in partnership with Dorchester Collection, signature commercial towers designed by world-renowned architects, and master-planned destinations such as Marasi Bay, with pricing on a quote-only basis targeting ultra-high-net-worth buyers.

Product overview

OMNIYAT is a Dubai-based ultra-luxury real estate developer operating a diversified portfolio of residential, commercial, and mixed-use properties. The company develops its projects through two main branded collections: Dorchester Collection partnerships (The Alba, Orla, Orla Infinity, Vela, Vela Viento, The Lana) offering hotel-managed residences; and OMNIYAT-branded commercial properties (The Opus, The Binary, One, Bayswater, ENARA, LUMENA). The portfolio spans prime Dubai locations including Palm Jumeirah, Marasi Bay, Business Bay, and Burj Khalifa District. Beyond property development, OMNIYAT offers Green Sukuk financing instruments and bespoke design services through Omniyat Atelier. The company has raised over USD 1.5 billion through sukuk issuances since May 2025 and maintains a USD 11.7 billion development pipeline backed by a 12 million sq ft land bank.

Differentiator

Problem solved

Functional benefit

Products and services

• The Lana Residences, Dorchester Collection, Dubai 32-storey ultra-luxury waterfront residences at Marasi Bay managed by Dorchester Collection, comprising 39 residences including 6 penthouses ranging from 9,400 to 17,700 sq ft. Designed by Foster + Partners with interiors by Gilles & Boissier for ultra-high-net-worth buyers seeking branded serviced living.
• Vela, Dorchester Collection, Dubai Ultra-luxury waterfront residence at Marasi Bay offering 38 private residences including a three-storey Sky Palace, with sophisticated design and unrivalled Burj Khalifa views for UHNW buyers.
• Vela Viento, Dorchester Collection, Dubai 95 ultra-luxury residences at Marasi Bay including Viento Residences (60 units), Sky Bridge Duplexes (3 units), Horizon Residences (31 units), and a Celestial Penthouse of 20,841 sq ft, designed by Foster + Partners and managed by Dorchester Collection.
• The Alba Residences, Dorchester Collection, Dubai Ultra-luxury beachfront residences on Palm Jumeirah crescent managed by Dorchester Collection, marketed to UHNW buyers seeking Arabian Gulf views and branded serviced living.
• AVA at Palm Jumeirah, Dorchester Collection, Dubai Ultra-luxury residential development on Palm Jumeirah approaching completion, featuring privacy, design excellence, and panoramic Arabian Gulf views, managed by Dorchester Collection.
• Orla, Dorchester Collection, Dubai Ultra-luxury waterfront residence on Palm Jumeirah, part of Omniyat's Dorchester Collection portfolio, featuring travertine stone, natural wood, and floor-to-ceiling glazing.
• Orla Infinity, Dorchester Collection, Dubai Ultra-luxury residential development on Palm Jumeirah, marketed as part of Omniyat's Dorchester Collection branded residence portfolio.
• One at Palm Jumeirah Ultra-luxury residence on Palm Jumeirah, sold and showcased through a dedicated sales gallery opened in February 2026 featuring sculptural architectural models and material showcases.
• Anwa by OMNIYAT Ultra-luxury residential development by Omniyat in Dubai, marketed to UHNW buyers.
• Anwa Aria by OMNIYAT Ultra-luxury residential development by Omniyat in Dubai, marketed to UHNW buyers.
• The Sterling by OMNIYAT Twin-tower residential development in Burj Khalifa District completed in 2022, comprising 381 residences, 13 lofts, 7 townhouses, and 6 penthouses ranging from 2-4 bedrooms (303-6,602 sq ft).
• LUMENA by OMNIYAT 260-metre 48-storey ultra-luxury commercial tower at Business Bay/Sheikh Zayed Road intersection, comprising 99 offices (81 from 4,346 sq ft and 18 half-floors from 6,858 sq ft) with 561,100 sq ft total office space and 75,907 sq ft amenities; targets Al Sa'fat Platinum, BREEAM Outstanding, and triple LEED/WELL/WiredScore/SmartScore Platinum pre-certifications.
• ENARA by OMNIYAT 21-level ultra-luxury commercial tower at Marasi Bay, Burj Khalifa District, comprising 34 offices (28 Grand Offices from 8,321 sq ft and 6 Ultra-Grand Offices from 11,829 sq ft) and a 28,451 sq ft Private Members' Club, architecture by Gensler, achieving the UAE's first triple-Platinum certification (LEED, WELL, WiredScore, SmartScore).
• The Opus by OMNIYAT Iconic mixed-use development in Burj Khalifa District designed entirely by Zaha Hadid, featuring 96 residences, ME Dubai Hotel (100 rooms), office spaces, and F&B outlets, recognised with 22 design awards.
• The Binary by OMNIYAT Bi-tower commercial and retail development in Business Bay designed by Dubarch, featuring 15 retail units, 1,223 parking spaces, and the unique Podium Five co-working space with a 59,527 sq ft garden terrace; includes Clickshare and Apple Play connectivity in meeting spaces.
• One by OMNIYAT Commercial twin-tower development at the Business Bay entrance completed in 2011, with architecture by Kling Consult GmbH, 5 podium levels, and 1,000 parking spaces, located at the gateway to Dubai's financial district.
• Bayswater by OMNIYAT State-of-the-art 25-floor commercial complex in Business Bay completed 2009, with 293 offices, 11 shops, robotic cleaning, voice-command workspaces, biometric security, and 817 parking spots.
• The Alba Resorts Mixed-use resort development on Palm Jumeirah, part of The Alba portfolio by Omniyat and Dorchester Collection.
• Marasi Bay Destination Ultra-luxury waterfront ecosystem in Burj Khalifa District comprising Marasi Bay Island with the first beach club in the district, Marasi Bay Marina with superyacht berths, a Yacht Club, a 10,000 sq ft floating Signature Pavilion, and a 30,000 sq ft Sunset Park floating wellness island, anchored by The Lana, Vela Viento, and ENARA.
• Omniyat Atelier Bespoke architectural and design service delivering tailored design solutions for individual client requirements, supporting Omniyat's commitment to craftsmanship and unique individuality across its projects.
• OMNIYAT Green Sukuk Program Sharia-compliant green sukuk program for sustainable development financing, with the inaugural USD 500 million issuance in April 2025 dual-listed on Nasdaq Dubai and London Stock Exchange's International Securities Market, aligned with ICMA Green Bond Principles 2021 for eligible green projects including energy-efficient buildings, renewable energy integration, and sustainable resource management.

Quantifiable outcome

• Revenue backlog of AED 19.6 billion representing over 5x FY2025 revenue
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered secondary and core.

• DutcosecondaryImplementation/ SI/ Consulting Partner · 17 February 2026Main contractor awarded for ENARA commercial tower project in Marasi Bay following completion of enabling works including 100% piling. Project entering superstructure phase.
• Innovo Build LLCsecondaryImplementation/ SI/ Consulting Partner · 3 December 2025Main contractor appointed for The Alba, Dorchester Collection, Dubai project. Progressed from groundwork to vertical construction on Palm Jumeirah with completion expected by 2028.
• Dorchester CollectioncoreStrategic or Co-development PartnerStrategic partnership with Dorchester Collection for branded residences and hotel operations. Projects include The Lana, Dorchester Collection, Dubai, VELA, Dorchester Collection, Dubai, VELA Viento, Dorchester Collection, Dubai, ORLA, Dorchester Collection, Dubai, ORLA Infinity, Dorchester Collection, Dubai, and AVA at Palm Jumeirah, Dorchester Collection, Dubai. Dorchester Collection manages luxury properties providing hotel services to residents.
• Zaha Hadid ArchitectscoreStrategic or Co-development PartnerPartnership for iconic architectural projects including The Opus - the only building where Zaha Hadid designed both interior and exterior. Zaha Hadid's unique aesthetics and futuristic vision define these landmark developments.
• Foster + PartnerscoreStrategic or Co-development PartnerArchitectural partnership for The Lana Residences featuring innovative floor-to-ceiling glass and terraces throughout its full height, creating an instantly recognizable architectural icon.
• Gilles & BoissiercoreStrategic or Co-development PartnerInterior design partnership for The Lana Residences, VELA, and VELA Viento. The French design duo balances modernity with timeless allure using natural materials and pieces from their own furniture and lighting line.
• YODEZEENsecondaryStrategic or Co-development PartnerDesign partnership for select Omniyat projects bringing architectural vision and interior design excellence.
• Vladimir DjurovicsecondaryStrategic or Co-development PartnerLandscape architecture partnership contributing to the design excellence of Omniyat's master-planned communities.
• GenslercoreStrategic or Co-development PartnerArchitecture firm for ENARA commercial tower project in Marasi Bay. Gensler designed the 21-level building with 34 offices, targeting completion Q4 2027.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Emaar Properties: Dubai's largest publicly listed developer (Burj Khalifa, Downtown Dubai, Dubai Marina). Direct competitor for ultra-luxury residential and mixed-use developments in Dubai's prime locations, serving similar UHNWI and investor buyers with branded residences.
• DAMAC Properties: Dubai-based luxury real estate developer known for branded residences (DAMAC Hills, DAMAC Lagoons) and partnerships with luxury brands (Versace, Cavalli, Trump). Competes directly with Omniyat in the ultra-luxury segment targeting UHNWIs in Dubai.
• Nakheel: Master developer of Palm Jumeirah (where Omniyat's One at Palm Jumeirah, AVA, Orla, and The Alba sit) and other iconic Dubai waterfront destinations. Competes directly for the same Palm Jumeirah and waterfront ultra-luxury segment.
• Aldar Properties: Abu Dhabi's largest listed developer (Yas Island, Saadiyat, Reem). Competes with Omniyat in the UAE ultra-luxury segment, with expanding Dubai presence and similar luxury waterfront/mixed-use strategy.
• Meraas: Dubai Holding-owned developer behind Bluewaters Island, City Walk, La Mer, and Bulgari-branded residences. Comparable luxury waterfront and lifestyle-destination developer competing for the same UHNWI buyer pool in Dubai.
• Select Group: Dubai-based ultra-luxury developer with projects on Dubai Marina, Business Bay, and Palm Jumeirah (e.g., The Edge, Jumeirah Living Marina Gate). Directly comparable in scale, target buyer, and waterfront/luxury positioning.
• Majid Al Futtaim Properties: Developer of luxury branded residences and lifestyle destinations including Tilal Al Ghaf and luxury serviced apartments. Comparable in mixed-use luxury development and branded-residence strategy.

Regional players

• Dar Al Arkan Real Estate: Saudi Arabia's largest listed developer focused on luxury branded residences (Pagani, Versace, Bvlgari partnerships) in Riyadh and other Saudi cities. Comparable luxury-branded-residence model and ultra-luxury positioning, primarily serving Saudi rather than Dubai market.
• Al Tamimi Developments: UAE and GCC luxury developer (e.g., Stella Maris). Comparable luxury real estate model with similar UHNWI target buyers across the Gulf region.

Others

• Dorchester Collection: Omniyat's strategic hospitality partner managing branded residences (The Lana, VELA, ORLA, The Alba, AVA). The underlying hotel brand owner that supplies the hotel-services layer Omniyat packages into its luxury residential product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/omniyatofficial
• Facebookfacebook.com/OmniyatOfficial

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds5 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omniyat