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

Dubai, March 31 / WAM / Omniyat has 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 US$11.7 billion, and all of them 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 sites, accelerating the pace of implementation, and formulating integrated assets and destinations that respond to the changing aspirations of customers and investors across various segments, while all construction work at its sites continues without interruption, and in line with the approved time plans.

The balance of Omniyat’s contracted revenues has risen to US$6.1 billion, equivalent to more than five times the revenues of fiscal year 2025, providing long-term revenue clarity 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, and the components 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 enjoy strength, credibility and ability, such stages do not represent an obstacle, but rather an opportunity for consolidation, advancement and growth. At the right time, and this is the approach we have always adopted, and it is what we continue to work on today.

He added: “We have built “Omniyat” on basic pillars that we believe are important, especially in such circumstances. Financial discipline allows us to move steadily without concessions, a portfolio of strategic lands 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 phase, but rather the foundations we have worked on over the years. Our portfolio continues to advance, and our commitment to implementing our projects remains. Delivering it is our top priority, and our confidence in the UAE is 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.

Amjad said: “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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