Omniyat is an ultra-luxury developer in Dubai, founded in 2005 by Mahdi Amjad. Its DNA: boutique luxury projects designed with world-class architects — Zaha Hadid (The Opus), Foster + Partners (One Palm), in partnership with Dorchester Collection (the storied British hotel brand). The firm focuses on a small number of projects, each with extraordinary design.
The developer behind Dubai's most expensive properties — a One Palm penthouse sold for $48M (one of the highest-value sales in the city). Its projects are collectible properties aimed exclusively at UHNW (Ultra High Net Worth) buyers.
Omniyat has experienced delays on some of its projects in the past (typical of the ultra-luxury segment), but its flagship developments (One Palm, The Opus) were delivered in 2020–2022 and rank among the most expensive properties in Dubai.
Over 20 years (since 2005). 15+ luxury projects, with further developments in the pipeline
Privately held, with no publicly disclosed financials. Dependent on high-value individual sales — a limited number of properties, each worth tens of millions of dollars. Moderate financial risk (sensitive to UHNW market sentiment).
Omniyat specialises in extraordinary architecture — partnerships with world-class firms (Zaha Hadid, Foster + Partners) and ultra-premium brands (Dorchester Collection). The standard: each project is an architectural work of art.
Standard payment plans. In the ultra-luxury segment, most buyers pay in cash or in instalments during construction.
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The very top of ultra-luxury — partnerships with Zaha Hadid, Foster + Partners and Dorchester Collection. Its projects are collectible properties, not standard apartments.
Yes — 20 years of operation and 15+ delivered projects. It has faced delays in the past (typical of the ultra-luxury segment), but its flagship developments (One Palm, The Opus) were delivered successfully.
Omniyat's flagship development — luxury residences on Palm Jumeirah branded by Dorchester Collection. A penthouse sold for $48M, one of the highest-value sales in Dubai.
Ultra-luxury capital assets — low rental yields (3–5%), but significant long-term capital appreciation potential. Suited to UHNW investors only.
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