Sign up to receive the latest tech news and updates from Property News International straight to your inbox.
By signing up, you will receive emails about property news products and you agree to our terms of use and privacy policy.
@2026 Property News International. All Rights Reserved.
Marasi Bay OMNIYAT. Image: SuppliedDubai, UAE: OMNIYAT has reaffirmed its long-term commitment to the UAE real estate market, advancing a fully funded $11.7 billion development portfolio currently under construction and progressing in line with schedule.
The developer’s ongoing execution reflects a disciplined approach supported by a strong financial position, a strategically positioned land bank, and sustained confidence in the UAE’s economic fundamentals.
OMNIYAT’s portfolio is anchored by a substantial 12 million sq. ft. GFA land bank across prime and waterfront locations in the UAE. This positions the company to support future development activity while reinforcing its presence in some of the country’s most sought-after districts.
Building on this foundation, the developer continues to expand through targeted projects that align with evolving market demand, focusing on delivering high-quality assets and destination-led developments.
All construction activities across OMNIYAT’s sites remain fully operational, with projects progressing according to planned timelines.
The company’s revenue backlog has reached $6.1 billion, representing more than five times its revenue for FY2025 and providing strong visibility over the next five years.
In addition, OMNIYAT reported $729 million in sales year-to-date for 2026, highlighting continued demand across its portfolio.
All launched projects are fully funded through to completion, with existing sales covering development costs. This reflects the developer’s disciplined financial management and the strength of underlying market demand.
Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said:
_“We have navigated multiple economic cycles across more than two decades of building in the UAE, and our conviction in this market has never wavered. The UAE’s fundamentals remain exceptionally strong, and its leadership has a long and consistent track record of overcoming key moments with vision, resilience and resolve.
For developers with strength, credibility and capability, moments like this are not obstacles. They are opportunities to consolidate, to elevate, and to grow at the right time. That is what we have always done, and it is precisely what we intend to do now.
We have built OMNIYAT on enduring pillars that we believe matter most especially in an environment like this. Strong financial discipline that allows us to stay the course without compromise; a strategic waterfront and beachfront land bank that positions us to move with confidence when the time is right; and a multi-brand platform that tailors to market demand across different segments and investor profiles. These are not responses to a moment in time but rather the foundations we have been building on for years.
Our portfolio continues to move forward. Our commitment to continuing to build and deliver our projects remains our key priority. And our belief in the UAE is grounded in more than two decades of watching this country earn its global reputation and emerging from each transition stronger and more focused on a future growth.”_
Mahdi Amjad - Founder and executive chairman of OmniyatOMNIYAT’s strategy continues to prioritise delivery, quality, and long-term value creation, supported by its focus on prime locations and a diversified development platform.
The company’s approach reflects a broader trend within the UAE real estate market, where strong governance, investor confidence, and sustained demand continue to support large-scale developments and long-term growth.
As OMNIYAT advances its pipeline, the developer reinforces its role in shaping the next phase of the UAE’s luxury and waterfront real estate landscape.

Dubai commercial property sales reached a record $5.31 billion during H1 2026, W Capital reveals

Roshn launches luxury curated villas within its flagship Sedra community in Riyadh

Amna Fayaz discusses how acoustics is shaping healthier, smarter and more productive workplaces
MERED says Dubai's off-plan market is redefining luxury residential development across the emirate.