OMNIYAT Leads Palm Jumeirah’s $5.4M-Plus Residential Market in H1 2026

Aug. 26, 2026

OMNIYAT recorded 14 Palm Jumeirah residential transactions above $5.4 million in H1 2026, including the segment’s highest-value transaction.

ORLA and ORLA Infinity, OMNIYAT’s ultra-luxury residential developments on Palm Jumeirah, Dubai. Image: Supplied

DUBAI, UAE: OMNIYAT, a leading ultra-luxury real estate developer, continues to lead the way in off-plan sales above $5.4 million (AED 20 million) on Palm Jumeirah, ranking first across three key measures in H1 2026: transaction volume, highest-value transaction and highest price per square foot.

During the first half of 2026, OMNIYAT recorded 14 qualifying transactions valued at $5.4 million (AED 20 million) and above.

Within the segment, Palm Jumeirah’s highest-value residential transaction was recorded at The Alba Residences achieving $61.5 million (AED 225.965 million), while OMNIYAT also secured the highest price per square foot at $3,057 (AED 11,227).

The positive results highlight sustained demand from high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) seeking architecturally distinctive residences that combine exceptional design, craftsmanship, privacy and curated lifestyle experiences in one of the world's most prestigious waterfront destinations.

The Alba Residences by OMNIYAT on Palm Jumeirah, Dubai. Image: Supplied

Peter Stephenson, Co-Managing Director of OMNIYAT, said: “These results reflect the strength of our approach on Palm Jumeirah and the consistent demand we are seeing across our developments. Our focus is on delivering distinctive residences with exceptional quality and a highly considered living experience, while maintaining the standards of execution and detail that define OMNIYAT.”

Palm Jumeirah remains one of Dubai's most desirable residential destinations, with sustained international demand continuing to drive activity across the ultra-luxury segment. Buyers are increasingly seeking distinctive homes that offer exceptional quality, privacy and long-term investment value in globally recognised locations.

OMNIYAT’s H1 2026 performance reflects continued demand for its Palm Jumeirah developments, including The Alba Residences, ORLA and ORLA Infinity. Together, these projects shape a new expression of private resort living, reinforcing OMNIYAT’s position as a leading curator of bespoke ultra-luxury destinations.