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Power 60 Power 60 2016

#51 Omniyat


Omniyat is the high end property developer responsible for One At the Palm, a AED2bn luxury project at the base of the Palm Jumeirah being built by contractor Brookfield Multiplex. Those lucky enough to get their hands on one of only 90 apartments will have to fork out between AED14m for a ‘basic’ unit and AED200m for a penthouse.

The Mahdi Amjad-led firm has announced plans to have over 2,000 hotel rooms and serviced apartments in its portfolio by 2020. Its flagship project is The Opus – the exterior and interior of which were designed by the late architect, Dame Zaha Hadid. The hotel portion of The Opus in Burj Khalifa District will be opened in the third quarter 2017.

Omniyat recently has awarded the enabling works contract for its AED 1bn ($272mn) Langham Place Hotel and Residences located in Business Bay. The project will include 167 hotel keys and fully-serviced five-star residences and be ready by 2020.



One At Palm Jumeirah in Dubai, UAE
The Sterling in Dubai, UAE
The Opus in Dubai, UAE
The Square in Dubai, UAE
One By Omniyat in Dubai, UAE

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