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  • Founder: Mahdi Amjad
  • Head Office: UAE, Dubai
  • Year of Establishment: 2005
  • Flagship Projects: One Palm، The Opus by Zaha Hadid، AVA at Palm Jumeirah

Omniyat

Introduction to Omniyat

Omniyat is one of Dubai’s most iconic ultra-luxury, design-driven real estate developers and is widely recognized as a boutique developer. Rather than mass development, the company focuses on limited, highly distinctive, and artistic projects, catering to buyers and investors seeking exceptional architecture, flawless quality, and a truly unique living experience.

History and Founder

Omniyat was established in Dubai in 2005. The company was founded by Mahdi Amjad, who continues to serve as Chairman and CEO. From the outset, Omniyat’s vision has been to create projects with strong architectural and artistic value. Its philosophy has always prioritized quality, exclusivity, and identity over volume or speed of sales.

Development and Management Approach

Omniyat’s approach is based on close collaboration with world-renowned architects and designers, the use of premium materials, and the delivery of projects that exceed standard market benchmarks. The company typically develops low-density, limited-scale projects with highly distinctive designs. Its focus is on creating lasting architectural masterpieces rather than conventional residential developments.

Key and Recent Omniyat Projects:

  • The Opus by Zaha Hadid – An iconic architectural landmark in Business Bay

  • One at Palm Jumeirah – An ultra-luxury beachfront residential project with distinctive design

  • AVA at Palm Jumeirah – An ultra-luxury residential development offering bespoke services

  • The Sterling – A luxury residential complex near Downtown Dubai

  • ORLA at Palm Jumeirah – A new ultra-luxury development focused on privacy and high-end services

Omniyat’s Position in Dubai’s Real Estate Market

Omniyat appeals to buyers seeking rare, authentic, and non-replicable luxury. The company operates at the very top tier of Dubai’s real estate market and is best suited for exclusive end-use living or long-term, brand-driven investment rather than short-term trading or mass investment strategies.

FAQs

Can foreigners buy property in Dubai ?

Yes. Foreigners can own 100% of a property in designated areas of Dubai, known as Freehold Areas. This ownership is permanent, and they have the legal right to buy, sell, rent, and transfer the property title.

What is the process of buying property in Dubai ?

The process of buying property in Dubai is transparent and structured. First, a suitable property (ready or under construction) is selected. After agreeing with the seller or developer, the unit is reserved, and a down payment is made.

Next, a formal Sale and Purchase Agreement (SPA) is signed, and the property is registered with the Dubai Land Department (DLD). Finally, after completing the payments, the official property title is transferred to the buyer’s name.

Is it possible to buy property in Dubai on installments ?

Yes. Many projects in Dubai, especially off-plan projects, are offered with installment payment plans and long-term payment terms. These terms vary depending on the developer, project, and delivery time, and may include payments during construction or even after delivery.

What is the minimum property investment required to obtain Dubai residency ?

To obtain a two-year UAE residency visa through property purchase, the minimum property value must be AED 750,000. The property can be either ready or off-plan and must be registered in the applicant’s name.

What is the UAE Golden Residency Visa, and what are its benefits ?

The UAE Golden Residency Visa is a long-term visa valid for 5 or 10 years, with the possibility of renewal. Its key benefits include stable residency, the ability to sponsor family members, no requirement for a local sponsor, and greater freedom in travel as well as long-term life and investment planning.

How much investment is required to obtain the UAE Golden Residency Visa ?

To obtain the Golden Residency Visa through property purchase, the applicant must buy one or more properties with a total value of at least AED 2,000,000. These properties can be either ready or off-plan and must be registered in the applicant’s name.

Can a residency visa be obtained for family members through property purchase in Dubai ?

Yes. By purchasing property and obtaining Dubai residency, it is possible to get residency visas for your spouse and children. Under certain conditions, it is also possible to apply for residency for parents.

What is the property rental tax rate in Dubai ?

In Dubai, there is no tax on rental income and no personal income tax. For this reason, investing in Dubai’s property rental market is attractive to many international investors.

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