Luxury Developers Omniyat Properties Announces Expansion On A Global Scale

Dubai based property developers Omniyat Group has revealed its plans to expand its portfolio across UAE by 280% while venturing for developments covering the middle east as well as Europe and Asia.

Mehdi Amjad, President and CEO of Omniyat Properties explains how the company’s profits have tripled since 2007. This world-wide expansion will make Omniyat a $6 million company, putting it on a lead across its competitors.

The newly developed portfolio has over ten new property listings with- One at Palm Jumeirah, Dorchester Collection Dubai and The Opus being the ‘crown jewels’ of the list.

While the pandemic may have caused an economic crisis and affected the real estate market, Omniyat has always believed in creating the most exquisite properties and taking full advantage of the strong demand for properties in Dubai.

They are all set to release nearly 1000 residential units in the coming year, which includes Sterling in Downtown Dubai and Anwa, the tallest tower in Dubai Maritime City.

From the ‘crown jewels’, The Opus was designed and constructed in 2018 and has been scheduled to open this year, Dorchester Collection Dubai is set to be completed in the coming 18 months while One at Palm Jumeirah is to be finished by the end of this year as well.

Identifying the right markets, appropriate neighborhoods and selecting profitable land has been an art that Omniyat Group has skillfully learned through multiple projects and is looking to spread this skill nationally and globally.