Money and business

Omniyat confirms its long-term commitment to the UAE market with a fully funded portfolio worth $11.7 billion

Omniyat affirmed its long-term commitment to growth in the UAE, supported by a fully funded development portfolio, carefully distributed strategic lands, and continued confidence in the country’s solid economic capabilities.

Omniyat continues to implement its projects across its various locations, within an ongoing portfolio amounting to $11.7 billion US dollars, all of which are progressing according to the approved timetables, supported by strong liquidity levels that support their full completion, in a reflection of a disciplined financial approach and strong demand for the company’s projects.

This performance is based on a strong financial position and a disciplined approach to implementation, while the company owns a land portfolio with a built-up area of ​​12 million square feet across the most vital locations overlooking the waterfronts in the UAE, which enhances its path for future development in the real estate market.

Omniyat continues to expand its presence by developing strategic projects that strengthen its position in the most prominent areas of Dubai and the country, with its focus on providing exceptional locations, accelerating the pace of implementation, and formulating integrated assets and destinations that respond to the changing aspirations of customers and investors across various segments. All construction work continues at its sites without interruption, and in line with the approved time plans.

Omniyat’s contracted revenue balance has risen to $6.1 billion, equivalent to more than five times fiscal year 2025 revenue, providing long-term revenue visibility across the company’s portfolio over the next five years.

The company has also recorded sales of US$729 million since the beginning of 2026.

Mahdi Amjad, Founder and Executive Chairman of the Board of Directors, said: “Over more than two decades of work and construction in the UAE, we have dealt confidently with various economic variables, without our conviction in this market diminishing at any stage. The foundations upon which the UAE is based remain exceptionally strong, supported by leadership that has a proven track record in dealing with challenges with a clear vision and firm determination.

For developers who are strong, credible, and capable, such stages do not represent an obstacle, but rather an opportunity to consolidate, advance, and grow at the right time. This is the approach we have always adopted, and it is what we continue to work on today.

We built Omniyat on basic pillars that we believe are important, especially in such circumstances: financial discipline that allows us to move steadily without concessions, a strategic land portfolio overlooking waterfronts and beaches that gives us the ability to move with confidence at the right time, and a multi-brand platform that keeps pace with market requirements across various segments. This is not a response to a temporary stage, but rather foundations that we have worked on over the years.

Our portfolio continues to advance, and our commitment to executing and delivering our projects remains our top priority. Our confidence in the UAE is also based on more than two decades of following its path, as it has proven at every stage its ability to strengthen its position and emerge from challenges stronger and more focused on the future.”
“Omniyat” has set a standard for excellence and progress, and it will continue its role in shaping the features of the next stage.

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