Omniyat Group plans to expand its property holdings to more than Dh200 billion by 2030 from a current base of Dh100 billion to Dh120 billion that includes Dh54 billion in projects under construction. Founder and executive chairman Mahdi Amjad told The National on June 15 that recent progress had compressed what was intended as a five-year objective into two years. The Dubai-based developer will enter Abu Dhabi through a strategic partnership to identify suitable land for a major scheme as part of the growth strategy.
Amjad stated that the company holds more than $2 billion in liquidity supplemented by over $1 billion in institutional credit lines. Omniyat completed three sukuk offerings that raised $600 million in February 2026 after earlier issuances of $500 million in May 2025 and $400 million in September 2025 according to the executive’s comments to The National. These resources will support activity across residential commercial and hospitality developments under the group’s Omniyat and Beyond brands with additional brands potentially introduced.
The developer posted Dh20 billion in total group sales last year yet has recorded a short-term sales decline linked to regional conflict with Iran. Amjad told The National that construction proceeds without interruption at all active sites and that pricing for units has remained unchanged. He added that the UAE property sector will return to pre-conflict levels by the first quarter of 2026 citing the country’s resilience over his 35 years of residence in the emirate.
Omniyat is advancing the Dh4 billion The Yards masterplan in Dubai’s City of Arabia which spans 2.3 million square feet and will contain 1,560 residential units ranging from one to three bedrooms. The scheme also features the Arancia Yards residential component as the Beyond brand extends its reach in the mid-tier luxury segment priced between $1 million and $5 million. Amjad indicated that the luxury segment above $5 million under the Omniyat brand will continue to form a core element of future delivery.
Dubai recorded property transactions valued at Dh252 billion during the first quarter of 2026 representing a 31 percent increase from the same period a year earlier with 60,303 deals signed according to Dubai Land Department data released by the Dubai Media Office. In Abu Dhabi transaction volume reached Dh66 billion in the same quarter an annual rise of 161 percent while the number of deals climbed to 13,518 from 6,896 the Abu Dhabi Real Estate Centre reported. ValuStrat data nevertheless showed villa prices declining 1.4 percent month-on-month in May and apartment values falling 0.9 percent with the latter marking the first annual drop in six years.
Amjad told The National that the group is fully aware of the conflict’s impact on international investor sentiment yet remains confident in the leadership’s consistent approach to restoring momentum. The executive noted a spirit of public-private partnership in Abu Dhabi that should encourage additional capital inflows to the emirate’s market. Omniyat’s expansion aligns with sustained foreign interest in UAE real estate that a Colliers International assessment placed among the region’s strongest performers through mid-2026 despite short-term volatility.
