Omniyat Targets Dh200 Billion UAE Property Portfolio By 2030
Omniyat is targeting a portfolio of more than Dh200 billion by 2030 as it expands beyond Dubai and looks for Abu Dhabi projects. The plan is backed by a current Dh100 billion to Dh120 billion portfolio, The Yards launch in City of Arabia and liquidity from recent sukuk issuance, but it will be tested by softer May property-price data.
Omniyat sets a larger UAE property target
Omniyat is aiming to double its property portfolio to more than Dh200 billion by 2030, giving Dubai’s luxury-development cycle a concrete balance-sheet target rather than a broad growth claim.
Its base is already large: Omniyat puts the current portfolio between Dh100 billion and Dh120 billion, with Dh58 billion tied to landbanks and projects now under construction.
Founder and executive chairman Mahdi Amjad said the developer has the tools to reach the target after doing in two years what it had expected to do over five years.
The plan keeps Omniyat focused on high-end homes while adding more room for commercial, residential and hospitality projects across the UAE.
Abu Dhabi becomes part of the expansion map
The developer is also preparing to expand in Abu Dhabi, where it is working with a strategic partner to identify projects and landbank opportunities.
That widens Omniyat’s growth plan beyond Dubai at a time when Abu Dhabi’s property market is also drawing larger transaction flows.
Omniyat’s two-brand structure gives the plan sharper segmentation.
The Omniyat brand targets homes valued at more than $5 million, while Beyond focuses on homes worth between $1 million and $5 million.
Amjad also said new property-sector brands could follow, although he did not give details.
The Yards adds immediate supply
The near-term pipeline includes The Yards, a Dh4 billion master plan in Dubai’s City of Arabia.
The project covers 2.3 million square feet of gross floor area and includes 1,560 residential units ranging from one-bedroom to three-bedroom apartments.
Omniyat also launched Arancia Yards inside the master plan.
The company reported Dh20 billion in total group sales last year, but Amjad said sales are seeing a short-term reduction linked to the Iran war.
He said the slowdown has not changed the developer’s portfolio planning or construction work.
Market data gives the plan its stress test
Dubai property transactions reached Dh252 billion in the first quarter of 2026, up 31 per cent year on year, with 60,303 transactions signed.
The growth data supports the scale of Omniyat’s target, but recent price movements show why the next phase is not risk-free.
ValuStrat data showed villa values down 1.4 per cent month on month in May, while annual villa growth slowed to 5 per cent.
Apartment values fell 0.9 per cent on a monthly basis and 1.4 per cent annually, their first decline in six years.
Abu Dhabi gives Omniyat a second market checkpoint.
The emirate recorded Dh66 billion in property transactions in the first quarter, a nearly 161 per cent annual increase, while deal count reached 13,518 from 6,896 a year earlier.
The financing watchpoint is also clear: Omniyat said it has more than $2 billion of liquidity, more than $1 billion of institutional lines, and sukuk proceeds that included $600 million in February after $500 million and $400 million issues last year.
