Developer profile · Since 2005
Ultra-luxury homes and offices in Dubai
At a glance
Omniyat builds a small number of very expensive homes and offices, mostly on Palm Jumeirah and at Marasi Bay in Business Bay.
Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked October 2026 · 38 sources
Its finished buildings, such as The Opus, One at Palm Jumeirah and The Lana, are well known and use architects such as Zaha Hadid Architects and Foster + Partners. The company reported record 2025 revenue of AED 4.1 billion and says every launched project is fully funded. The delivery record is mixed. Older towers finished years late, The Lana Residences was handed over about three months after its Q4 2023 target, and AVA at Palm Jumeirah had passed its June 2026 registered date at 95.93% complete in August 2026. Handover payments of 40 to 50% are common, and Fitch placed its BB- rating on negative watch in March 2026.
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Selling now
Prices change quickly. Tap a project and we’ll send today’s prices and floor plans.
All 10 Omniyat project guides
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Selling now
Selling now
Under construction| Bedrooms | ||||
|---|---|---|---|---|
| The Alba Residences, Dorchester Collection | Palm Jumeirah | 5/55/40 | Q3 2028 | 2 to 4, plus 6-bed super penthouses |
| The Alba Resort Residences | Palm Jumeirah | Not published | Q3 2028 | 2 to 3 |
| Vela Viento, Dorchester Collection | Marasi Bay, Business Bay | 5/55/40 | Q3 2027 | 2 to 4 |
| Vela, Dorchester Collection | Marasi Bay, Business Bay | 5/55/40 | Q4 2027 | 3 to 5 |
| Orla, Dorchester Collection | Palm Jumeirah | 5/45/50 | Q4 2026 | 2 to 5 |
| Orla Infinity, Dorchester Collection | Palm Jumeirah | 5/65/30 | 2027 | 4 |
| AVA at Palm Jumeirah, Dorchester Collection | Palm Jumeirah | 10/40/50 | 2026 | 4 to 5 |
| Anwa Aria | Dubai Maritime City | 15/45/40 | Q4 2027 | Studio to 4 |
| Lumena by Omniyat | Business Bay | 5/45/50 | Q4 2029 | Not applicable |
| Lumena Alta | Business Bay | 5/45/50 | 2030 | Not applicable |
| Enara by Omniyat | Marasi Bay, Business Bay | 70/30 | Q3 2028 | Not applicable |
Tap a column heading to sort. Dates as checked October 2026.
Track record
Omniyat does not publish a count of homes delivered.
Communities
Tap one for our area guide.
Also builds in Marasi Bay, Marjan Beach, Ras Al Khaimah.
Prices
Resale data is thin because Omniyat buildings have few units and trade rarely.
Resale data is thin because Omniyat buildings have few units and trade rarely. Registered sales at One at Palm Jumeirah between January and April 2026 ranged from AED 6,941 to AED 10,993 per sq ft, well above the Palm Jumeirah apartment average of AED 3,441 in Q1 2026. At The Opus, a one-bedroom apartment sold in July 2026 at about AED 3,330 per sq ft, while asking prices were AED 4,590 to 5,548. Building-level price change and yield figures are not published. With so few sales, one unusual deal can move the averages, so treat every figure as a guide only.
| Community | Price per sq ft | Change | Gross yield |
|---|---|---|---|
| One at Palm Jumeirah, Palm Jumeirah | AED 6,941 to 10,993 (registered sales, January to April 2026) | Not published | Not published |
| AVA at Palm Jumeirah, Palm Jumeirah | About AED 6,900 average (off-plan sales, 2026) | Not published | Not applicable, under construction |
| Vela Viento, Marasi Bay | AED 5,546 to 6,266 (off-plan 2-bed sales, early 2026) | Not published | Not applicable, under construction |
| The Opus, Business Bay | About AED 3,330 (one 1-bed sale, 20 July 2026); asking AED 4,590 to 5,548 | Not published | Not published |
| The Lana Residences, Marasi Bay | AED 3,600 average pre-sale price (reported June 2023) | Not published | Not published |
| Palm Jumeirah apartments (area benchmark) | AED 3,441 (Q1 2026) | Up 11.7% on Q1 2025 | Not published |
Asking prices, gross yields. Work out a net return
Payment plans
On a home priced at AED 1,000,000 that is AED 50,000 on booking, AED 550,000 during construction, AED 400,000 on handover. Government registration fees are paid on top.
Portal listings in October 2026 show 5/55/40 at The Alba Residences and Vela Viento, 5/45/50 at Orla and Lumena, 25/35/40 at Ela and 15/45/40 at Anwa Aria. Omniyat does not publish plans on its website.
Property worth AED 2 million or more can qualify under UAE rules. Almost every Omniyat home is priced above this, apart from the smallest Anwa Aria units.
Off-plan projects are registered with the Dubai Land Department and buyer payments go into a project escrow account under Dubai Law No. 8 of 2007. The company said in March 2026 that all launched projects are fully funded.
Omniyat suits cash-rich buyers who want a large, rare home on Palm Jumeirah or at Marasi Bay, value named architects and hotel-style service, and can wait if handover slips.
FAQs
Omniyat builds a small number of very expensive homes and offices, mostly on Palm Jumeirah and at Marasi Bay in Business Bay. We rate its delivery record as "Mixed": The Lana about 3 months late (2024); The Opus and One at Palm Jumeirah years late.
Omniyat is a private company founded in Dubai in 2005 by Mahdi Amjad, who is its executive chairman. It is not listed on a stock exchange, but it has issued sukuk listed on Nasdaq Dubai and in London.
Beyond is the sister brand launched by Omniyat Group in 2024, aimed at a lower price point than Omniyat. It has its own page on this site.
The record is mixed. The Lana Residences was handed over about three months after its Q4 2023 target, while The Opus and One at Palm Jumeirah finished years after their first dates.
We found no handover announcement as of October 2026. Land Department data showed it 95.93% complete at an inspection on 26 August 2026, after a registered completion date of June 2026.
Portal listings in October 2026 show homes from about AED 29 million at Vela Viento and AED 43 to 44 million at Ela and The Alba Residences. Anwa Aria in Dubai Maritime City is the exception, with studios from about AED 827,000 on resale.
Listings show 5/55/40 at The Alba Residences and Vela Viento, 5/45/50 at Orla and Lumena, and 25/35/40 at Ela. The largest single payment is usually due at handover.
Omniyat Holdings reported 2025 revenue of AED 4.1 billion, net profit of AED 1.2 billion and cash of AED 4.7 billion. Fitch rates it BB- and placed the rating on negative watch in March 2026, and the company has USD 1.5 billion of sukuk due between 2028 and 2031.
Dorchester Collection is a hotel operator that runs services and amenities at several Omniyat buildings, including One at Palm Jumeirah, The Lana, Orla, Vela and The Alba. It is not the developer.
Yes. Lumena, Lumena Alta and Enara are office towers in Business Bay and Marasi Bay with handover dates between 2028 and 2030. The company reported AED 7.1 billion of sales across the two Lumena towers in 2025.
Most projects are on Palm Jumeirah and at Marasi Bay in Business Bay, with Anwa and Anwa Aria in Dubai Maritime City. The group has also announced a masterplan on Marjan Beach in Ras Al Khaimah.
Facts checked October 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.