OMNIYAT Reinforces Delivery Focus with Fully Funded $11.7 Billion Portfolio

Real Estate

OMNIYAT Reinforces Delivery Focus with Fully Funded $11.7 Billion Portfolio

OMNIYAT has reaffirmed its long-term commitment to the UAE market, highlighting steady progress across its fully funded $11.7 billion development portfolio, which remains on schedule.

The luxury real estate developer stated that its ongoing project delivery is supported by strong financial discipline, a strategically positioned land bank, and continued confidence in the UAE’s economic resilience. With a substantial 12 million square feet gross floor area (GFA) land bank across prime and waterfront locations, OMNIYAT is reinforcing its future pipeline of developments across the country.

The company continues to expand its footprint through targeted developments in high-demand districts, focusing on premium locations while accelerating construction timelines. All active construction projects are currently progressing as planned, with operations fully on track.

OMNIYAT also reported a revenue backlog of $6.1 billion—more than five times its FY2025 revenue—providing strong revenue visibility over the next five years. Additionally, the developer confirmed $729 million in sales year-to-date for 2026, underscoring sustained market demand.

The company emphasized that all launched projects are fully funded to completion, with existing sales covering development costs. This reflects a disciplined financial approach and reinforces investor confidence in its portfolio.

Commenting on the outlook, Mahdi Amjad said the company’s long-standing presence in the UAE has enabled it to navigate multiple economic cycles with resilience. He highlighted the strength of the UAE’s leadership and economic fundamentals, noting that such conditions present opportunities for growth and consolidation for developers with strong capabilities.

Amjad added that OMNIYAT’s strategy is built on key pillars, including financial discipline, a prime waterfront and beachfront land bank, and a multi-brand platform designed to cater to diverse market segments and investor profiles. He reaffirmed the company’s commitment to delivering projects on schedule while continuing to contribute to the UAE’s evolving real estate landscape.

With more than two decades of experience in the UAE market, OMNIYAT continues to position itself as a benchmark for excellence in luxury real estate, shaping the next phase of high-end urban development in the region.