Name: Mahdi Amjad
Designation: Founder and Executive Chairman
Company: OMNIYAT
Category: Developer Titans
As the Founder and Executive Chairman of OMNIYAT, Amjad has not merely developed real estate, he has curated icons, each a testament to his belief in elevating urban living through the fusion of art, design, and ultra-luxury.
Since founding OMNIYAT in 2005, Amjad has rewritten the narrative of Dubai’s property market. Born from a desire to push the artistic and architectural boundaries of what real estate could be, OMNIYAT has delivered some of the most recognizable and revered addresses in the region. From The Opus by OMNIYAT, designed by the late Dame Zaha Hadid, to One at Palm Jumeirah, The Lana Dorchester Collection, Dubai and the highly anticipated Marasi Bay ecosystem, OMNIYAT has established itself as a visionary developer synonymous with ultra-luxury and one-of-one craftsmanship.
At the heart of OMNIYAT’s ethos is what Amjad calls “The Art of Elevation” – an approach that merges bespoke design, curated experiences, and architectural storytelling. This philosophy is perhaps best embodied in The Opus, the first and only inhabitable building in the UAE personally designed by Zaha Hadid. Equally iconic is One at Palm Jumeirah, a project that redefined the standards of luxury on Dubai’s celebrated man-made island. Anchoring this ecosystem are developments like The Lana Hotel and Residences, Dorchester Collection, inaugurated in Q1 2024. With interiors that evoke timeless elegance and home to the region’s first Dior Spa, The Lana is already setting new records – its penthouse sale in May 2024 became the most expensive transaction ever in the Burj Khalifa District.
Today, OMNIYAT proudly stands at the pinnacle of Dubai’s ultra-luxury real estate sector, leading both in iconic design and property value. Its projects continue to draw ultra-high-net-worth individuals (UHNWIs) from around the globe, reinforcing Dubai’s status as a world capital for business, design, and bespoke living.
In a significant financial milestone, the company issued its inaugural USD 500 million green sukuk this year, marking its entry into international debt capital markets. The move not only reflects OMNIYAT’s financial strength but also underscores its commitment to sustainable growth and long-term impact. For Mahdi Amjad, OMNIYAT has always been more than a real estate venture. It is a legacy of innovation – of how design and luxury can shape a city’s soul.
