UAE– Mubasher: OMNIYAT Group unveiled plans targeting AED 100 billion total group portfolio over the next five years and committed AED 50 billion in portfolio value for new ventures across diversified real estate sectors.

Founded in 2005 by Chairman Mahdi Amjad, OMNIYAT aims to reshape the Dubai property market by creating unique living experiences, according to a press release.

The real estate group is set to announce a new real estate company, which will be launched in the third quarter (Q3) of 2024.

The Founder and Executive Chairman, Mahdi Amjad, said: “Encouraged by the UAE’s robust growth and long-term vision, and inspired by the success of our ultra-luxury OMNIYAT brand, I am establishing OMNIYAT GROUP to invest in other brands and companies to address different segments of the UAE’s strong growing real estate market with an uncompromising principle of 'Best in class, in every class' we address.”

The group will leverage its network of global talent to drive transformative change in the real estate sector, with a focus on innovation and sustainability.