Omniyat to invest AED 100 billion in next five years
Ultra-luxurious living is being redefined in Dubai
UAE: Dubai's renowned ultra-luxury real estate developer, OMNIYAT has set a target of reaching a total group portfolio value of AED 100 billion ($27.3 billion) in the next five years.
The company will invest half of the 100 billion on ultra-luxury properties and the remaining Dh 50 billion will be invested in building residential, commercial, and hospitality projects in the UAE and the broader GCC region.
Pioneering excellence
Founded nearly two decades ago, OMNIYAT has been a leading force in Dubai's real estate sector. Since its inception, the company's mission has been to elevate living standards through the creation of iconic projects that seamlessly blend design, innovation, and artistry.
Growth trajectory
Building on its strong foundation, OMNIYAT is poised for accelerated growth, targeting a substantial AED 50 billion portfolio specifically within the ultra-luxury real estate segment.
Diversification
Strategic diversification has been a cornerstone of OMNIYAT's success, allowing the group to effectively expand into various market segments. This approach will be further bolstered by the introduction of a new real estate company in Q3 2024, dedicated to realizing AED 50 billion in new real estate divisions catering to diverse market segments.
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A visionary's perspective
Reflecting on the journey, Mahdi Amjad stated, "From the very beginning, our aim at OMNIYAT has been to push boundaries and set new benchmarks in Dubai's dynamic real estate landscape. With the launch of new investment, we are poised to enrich the lives of all stakeholders, driven by an unwavering commitment to excellence."
Elevating urban living
OMNIYAT GROUP is committed to leveraging its global network of talent to pioneer transformative changes in urban living experiences, embracing an ecosystem approach. Innovation and sustainability will be at the forefront of its endeavors, promising to redefine luxury and quality in every sector it ventures into.