Omniyat

Ultra-luxury homes and offices in Dubai

Not statedHomes delivered
2005Founded
60/40Typical payment plan
3+ monthsTypical delay

Since 2003 · Dubai + London · Licence 601049 · RERA ORN 1219

At a glance

Private Dubai ultra-luxury developer, founded 2005, with a USD 11.7 billion pipeline under construction.

Omniyat builds a small number of very expensive homes and offices, mostly on Palm Jumeirah and at Marasi Bay in Business Bay.

Best for: Ultra-prime home buyers · Palm Jumeirah beachfront · Grade A office buyers

Read our full verdict

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.

Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked October 2026 · 38 sources

Delivery recordMixed

PricesPremium

Payment plans60/40

Post-handover plansRare

What Omniyat does well

Completed buildings such as The Opus, One at Palm Jumeirah and The Lana can be visited, so buyers can judge build quality in person.
Projects are small, for example 17 homes at AVA and 38 at Vela, which limits the number of competing units at resale.
Omniyat Holdings reported revenue of AED 4.1 billion, net profit of AED 1.2 billion and cash of AED 4.7 billion for 2025 in audited results published in February 2026.

All 5 points in full

Completed buildings such as The Opus, One at Palm Jumeirah and The Lana can be visited, so buyers can judge build quality in person.
Projects are small, for example 17 homes at AVA and 38 at Vela, which limits the number of competing units at resale.
Omniyat Holdings reported revenue of AED 4.1 billion, net profit of AED 1.2 billion and cash of AED 4.7 billion for 2025 in audited results published in February 2026.
The company stated in March 2026 that all launched projects are fully funded to completion and that it had a revenue backlog of USD 6.1 billion.
Many residences come with services run by Dorchester Collection, and designs are by firms such as Foster + Partners and Zaha Hadid Architects.

Before you buy, check

Older projects were very late: The Opus was first expected in early 2010 and its offices were handed over in 2018.
AVA at Palm Jumeirah had a registered completion date of June 2026 and was 95.93% complete at its 26 August 2026 inspection, with no handover announcement found by October 2026.
Registered progress looks behind schedule on some sites: Vela was 50.03% complete in September 2026 and Vela Viento was 21.81% complete in May 2026.

All 5 points in full

Older projects were very late: The Opus was first expected in early 2010 and its offices were handed over in 2018.
AVA at Palm Jumeirah had a registered completion date of June 2026 and was 95.93% complete at its 26 August 2026 inspection, with no handover announcement found by October 2026.
Registered progress looks behind schedule on some sites: Vela was 50.03% complete in September 2026 and Vela Viento was 21.81% complete in May 2026.
Handover payments are large, typically 40% and in some cases 50% of the price, on homes that mostly cost above AED 20 million.
Fitch placed the BB- rating on Rating Watch Negative in March 2026, citing regional conflict risk to demand, and the company has USD 1.5 billion of sukuk outstanding.

Projects

Omniyat projects you can buy

10 projects with a checked page, and 1 more the developer is selling without one yet. Starting prices are the developer’s published figures; we send today’s price list on request.

AVA at Palm Jumeirah, Dorchester Collection by Omniyat

Omniyat · Palm JumeirahWaterfrontAVA at Palm Jumeirah, Dorchester CollectionFrom AED 78m≈ £15.89m · $21.24mPlan10/40/50Handover2026

Omniyat · Dubai Maritime CityWaterfrontAnwa AriaFrom AED 827,000≈ £168k · $225kPlan15/45/40HandoverQ4 2027

Omniyat · Marasi BayEnara by OmniyatPrice on requestPlan70/30HandoverQ3 2028

See all 11 projects7 more with a checked page, 1 without a page yet, a table to compare them

Omniyat · Sheikh Zayed RoadLumena AltaFrom AED 19m≈ £3.87m · $5.17mPlan5/45/50Handover2030

Omniyat · Sheikh Zayed RoadLumena by OmniyatFrom AED 25.4m≈ £5.17m · $6.92mPlan5/45/50HandoverQ4 2029

Orla Infinity, Dorchester Collection by Omniyat

Omniyat · The CrescentWaterfrontOrla Infinity, Dorchester CollectionFrom AED 73m≈ £14.87m · $19.88mPlan5/65/30Handover2027

Omniyat · The CrescentWaterfrontOrla, Dorchester CollectionFrom AED 24.1m≈ £4.91m · $6.56mPlan5/45/50HandoverQ4 2026

The Alba Residences, Dorchester Collection by Omniyat

Omniyat · Eastern CrescentWaterfrontThe Alba Residences, Dorchester CollectionFrom AED 44m≈ £8.96m · $11.98mPlan5/55/40HandoverQ3 2028

Vela Viento, Dorchester Collection by Omniyat

Omniyat · Marasi BayWaterfrontVela Viento, Dorchester CollectionFrom AED 29m≈ £5.91m · $7.9mPlan5/55/40HandoverQ3 2027

Omniyat · Marasi BayWaterfrontVela, Dorchester CollectionFrom AED 43.3m≈ £8.82m · $11.79mPlan5/55/40HandoverQ4 2027

Also selling, no page yet

1 projects: ask us for the details.

The Alba Resort ResidencesPalm Jumeirah · Plan: Not published · Handover: Q3 2028 · Under construction

Compare them in a table11 projects the developer is selling: area, plan, handover, bedrooms

Omniyat projects selling now: area, payment plan, handover date and bedrooms
				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

Does Omniyat finish on time?

Mixed

Omniyat does not publish a count of homes delivered.

Promised against what happenedProject by project (7)

ProjectThe Opus, Business Bay
PromisedEarly 2010 (2008 contractor report)
What happenedOffice handover began 2018; first residential handovers reported for Q1 2023
ProjectOne at Palm Jumeirah, Palm Jumeirah
Promised2018 (November 2017 report), later December 2020
What happenedReported complete February 2022
ProjectThe Lana Residences, Marasi Bay
PromisedQ4 2023
What happenedHandover began March 2024
ProjectAnwa, Dubai Maritime City
PromisedQ2 2020 (developer statement, 2019)
What happenedListed as completed Q4 2021
ProjectAVA at Palm Jumeirah, Palm Jumeirah
PromisedQ2 2026 (registered date June 2026)
What happened95.93% complete at 26 August 2026 inspection; handover not confirmed (October 2026)
ProjectOrla, Palm Jumeirah
PromisedDecember 2026
What happened70.01% complete at 21 August 2026 inspection
ProjectVela, Marasi Bay
PromisedRegistered date August 2026; developer website now states Q4 2027
What happened50.03% complete at 10 September 2026 inspection

Projects they have finished8

The Lana Residences, Dorchester CollectionMarasi Bay, Business Bay · 39 serviced apartments beside The Lana hotelCompleted 2024

One at Palm JumeirahPalm Jumeirah · 94 apartments and penthousesCompleted 2022

The Opus by OmniyatBusiness Bay · Offices, hotel and residencesCompleted 2018 to 2023

AnwaDubai Maritime City · ApartmentsCompleted 2021

The SterlingBusiness Bay · ApartmentsCompleted About 2020

The BinaryBusiness Bay · OfficesCompleted 2015

One by OmniyatBusiness Bay · OfficesCompleted 2010

BayswaterBusiness Bay · OfficesCompleted 2010

Payment plans

Omniyat payment plans

A typical Omniyat plan

5%55%40%

On bookingDuring constructionOn handover

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.

Payment plansPortal 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.

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.

Post-handover plansNot published by the developer. One resale listing for Anwa Aria showed 20% after handover, which is not confirmed.

Not published by the developer. One resale listing for Anwa Aria showed 20% after handover, which is not confirmed.

Golden VisaProperty worth AED 2 million or more can qualify under UAE rules.

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.

Mortgages on off-planNot published. UAE Central Bank rules limit off-plan loans to 50% of the property value.

Not published. UAE Central Bank rules limit off-plan loans to 50% of the property value.

Service chargesNot published. Expect high charges in buildings with hotel-style services, and ask for the current rate per sq ft before you commit.

Not published. Expect high charges in buildings with hotel-style services, and ask for the current rate per sq ft before you commit.

Buyer protectionOff-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.

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.

Is Omniyat right for you?

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.

Talk to an adviser or send an enquiry

More about Omniyat

Prices and rental returnsResale data is thin because Omniyat buildings have few units and trade rarely.

One at Palm Jumeirah, Palm Jumeirah

AED 6,941/sq ftNot published yield

AVA at Palm Jumeirah, Palm Jumeirah

AED 6,900/sq ftNot applicable, under construction yield

Vela Viento, Marasi Bay

AED 5,546/sq ftNot applicable, under construction yield

The Opus, Business Bay

AED 3,330/sq ftNot published yield

The Lana Residences, Marasi Bay

AED 3,600/sq ftNot published yield

Palm Jumeirah apartments (area benchmark)

AED 3,441/sq ftNot published yield

See the full figures

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, as checked October 2026. Work out a net return

Where Omniyat builds5 communities: tap one for our area guide

Also builds in Marasi Bay, Marjan Beach, Ras Al Khaimah.

Questions about Omniyat11 answered from this page’s facts

Is Omniyat a reliable developer?

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.

Who owns Omniyat?

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.

How is Omniyat related to Beyond Developments?

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.

Does Omniyat deliver on time?

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.

Has AVA at Palm Jumeirah been handed over?

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.

What do Omniyat homes cost?

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.

What payment plans does Omniyat offer?

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.

Is Omniyat financially sound?

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.

What is Dorchester Collection's role?

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.

Does Omniyat sell offices?

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.

Where does Omniyat build?

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.

Everything elseHistory, company facts, sources, head-to-head comparisons

Omniyat’s story

2005Omniyat is founded in Dubai by Mahdi Amjad.
2007Designs for The Opus by Zaha Hadid Architects are unveiled for Business Bay.
2010One by Omniyat and Bayswater office towers are completed in Business Bay (listing data).
2017A penthouse at One at Palm Jumeirah sells for AED 102 million, a Dubai record at the time.
2018Handover of the office floors at The Opus begins.
2022One at Palm Jumeirah, with 94 residences, is reported complete in February.
2024Handover of the 39 Lana Residences starts in March, and the sister brand Beyond is launched.
2025 to 2026Three sukuk raise USD 1.5 billion in total (May 2025, September 2025, February 2026). Group sales reach AED 20 billion in 2025.

Founded: 2005, by Mahdi Amjad
Ownership: Private. Omniyat Holdings Ltd, part of Omniyat Group, which also owns the Beyond brand
Homes delivered: Not published
Projects: 18 listed on the company website (October 2026); USD 11.7 billion pipeline under construction (March 2026)
Credit rating: BB- from Fitch, on Rating Watch Negative since March 2026; sukuk rated BB- by S&P and Fitch (February 2026)
Best known for: The Opus by Zaha Hadid Architects, One at Palm Jumeirah, The Lana and the Orla and Vela residences serviced by Dorchester Collection

Omniyat head to head

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Sources and how we checked38 sources, checked October 2026

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.