Vela Viento Residencesby Omniyat at Business Bay

Omniyat is a Dubai based luxury real estate developer founded in 2005 by Mahdi Amjad, who continues to lead the business as Founder and Executive Chairman. The company has built its reputation at the upper end of Dubai's property market, concentrating on architecturally distinctive residences, mixed use landmarks and hospitality led destinations rather than high volume residential communities.

Its early work established a strong design identity through projects such as The Opus in Business Bay, created with Zaha Hadid Architects. The building combined offices, residences and hospitality within a sculptural structure and became one of the clearest examples of OMNIYAT's preference for working with internationally recognised architects and designers.

The company later moved further into ultra luxury residential property through One at Palm Jumeirah, completed in 2021. That scheme also marked the beginning of one of OMNIYAT's most important long term relationships, with Dorchester Collection providing residential management and services. The partnership subsequently expanded across several of the company's most prominent addresses.

In 2024, OMNIYAT introduced a broader corporate structure under OMNIYAT Group. The group now acts as an umbrella for multiple real estate brands and platforms, including OMNIYAT at the ultra luxury end of the market and BEYOND for a wider luxury segment. These businesses should not be treated as interchangeable. OMNIYAT remains the group's flagship ultra luxury development brand, while BEYOND operates with its own identity and project pipeline.

Dubai remains the company's primary market. Its activity is concentrated in a small number of prime locations, particularly Palm Jumeirah, Business Bay and Marasi Bay. Rather than spreading launches across many communities, OMNIYAT tends to build depth within selected destinations. This is particularly clear at Marasi Bay, where residential, hospitality, commercial and marina elements are being combined into a larger waterfront ecosystem.

The company's strategy also differs from a conventional master developer. OMNIYAT does not generally create large suburban communities with thousands of homes, schools and road networks. Its focus is on individual landmark buildings and highly curated destinations where architecture, service, location and scarcity form the main proposition.

This approach has positioned OMNIYAT properties for sale within a narrow segment of Dubai real estate, particularly among buyers considering large format residences, waterfront homes and branded residences in Dubai.

OMNIYAT Projects in Dubai

Palm Jumeirah remains central to the company's residential identity. One at Palm Jumeirah established the completed track record, while AVA at Palm Jumeirah, ORLA, ORLA Infinity and The Alba represent successive stages of the company's expansion on the island.

AVA at Palm Jumeirah is a limited collection of large residences and a single Sky Palace managed by Dorchester Collection. By August 2026, construction works and specialist trades were substantially complete and the project had entered final commissioning, placing it close to handover rather than at an early off plan stage.

ORLA, Dorchester Collection, Dubai is another major Palm Jumeirah scheme. Designed by Foster + Partners, the development contains a limited collection of residences, penthouses, a Sky Palace and a mansion at the apex of the crescent. Construction remained active in August 2026, with façade, mechanical and interior works continuing and building completion certification targeted for early 2027. Dorchester Collection manages the residential services, while OMNIYAT remains the developer.

ORLA Infinity extends the same waterfront concept through an even smaller collection of duplex residences with private pools. The building topped out in 2026 and continued through fit out and façade works during the year.

The Alba Residences, Dorchester Collection represents the next major chapter on Palm Jumeirah. Designed by Zaha Hadid Architects and managed by Dorchester Collection, the project combines residences, resort residences and a hotel within a beachfront wellness led destination. Main construction is under way, with completion scheduled for 2028. The Alba is therefore one of the clearest current examples of OMNIYAT off plan projects aimed at the ultra luxury market.

At Marasi Bay, OMNIYAT has created another concentrated cluster. The Lana and The Lana Residences are already completed, establishing Dorchester Collection's first hotel in the region alongside 39 serviced residences. VELA, Dorchester Collection and VELA Viento are now extending this waterfront district with additional large format homes designed by Foster + Partners and managed by Dorchester Collection.

VELA remains under construction for delivery in 2027, while VELA Viento is progressing through structural and fit out works on a similar timeline. Both are positioned around the marina and connected to the wider Marasi Bay destination rather than functioning as isolated towers.

OMNIYAT has also expanded into premium commercial real estate. ENARA at Marasi Bay, LUMENA and LUMENA ALTA in Business Bay demonstrate that the company's current strategy now includes high specification office space alongside residential and hospitality assets.

Taken together, OMNIYAT's completed and current projects show a consistent direction: limited supply, prominent architecture, prime waterfront locations and long term hospitality partnerships. For clients comparing ultra luxury off plan projects in Dubai, the company occupies a distinct position built around design, service and scarcity rather than development volume.