Dubai, UAE — Ultra-luxury real estate continues to anchor Dubai’s premium property cycle, with Omniyat Group reporting AED20 billion in total sales in 2025 as revenue backlog and capital market access strengthened across its development platform. The performance offers a fresh data point on the resilience of the emirate’s high-ticket segment at a time when broader supply visibility is increasing.
The reported figure covers Omniyat Holdings Ltd (OHL) and sales for Beyond Properties DMCC. OHL recorded AED15.1 billion in sales, including AED9.3 billion under the Omniyat brand and AED5.8 billion under the Beyond brand within OHL, while Beyond Properties DMCC separately posted AED4.8 billion.
Ultra-Luxury Sales Momentum
The sales performance reflects continued demand in the upper price bands, particularly across waterfront and branded developments. During the year, OHL launched six projects across Dubai Maritime City, Business Bay and Dubai Islands with a combined gross development value (GDV) of AED20.8 billion.
Mahdi Amjad, Founder and Executive Chairman, said the results reflect “strong execution and disciplined financial management underpinned by robust demand across the different brands and segments in our portfolio.”
Also read: Innovo Build Takes Helm on OMNIYAT’s The Alba Palm Jumeirah Project
He added that sales momentum was supported by Dubai’s real estate market conditions and steady international demand, as the group continued to focus on design-led development.
The company noted that in the ultra-luxury segment — particularly transactions above $5 million — it maintains a commanding position. However, this segment’s performance remains closely linked to global wealth flows and international investor confidence.
Backlog Strengthens Revenue Visibility
A key indicator for investors is the group’s revenue backlog, which reached AED19.6 billion at year-end. The company expects this contracted revenue to be recognised over the next four years.
The value of developments in progress rose 49.2% year-on-year to AED11.3 billion, reflecting the scale of the active construction pipeline.
Backlog visibility is particularly relevant in a market where project launches have accelerated across Dubai and northern emirates. Revenue already locked in through contracted sales provides earnings insulation should transaction volumes moderate in coming cycles.
Balance Sheet Expansion
Omniyat Holdings Ltd reported revenue of AED4.1 billion for 2025, up 150% year-on-year. Gross profit rose 169% to AED2.1 billion, while net profit reached AED1.2 billion.
Total assets increased to AED21.3 billion from AED12.8 billion in 2024, and total equity rose 25.3% year-on-year to AED9.5 billion. Cash and cash equivalents stood at AED4.7 billion.
Also read: OMNIYAT Launches LUMENA ALTA, Dubai’s Tallest Luxury Commercial Tower
The expansion reflects both construction progress and new land acquisitions across Business Bay, Marasi Marina, Dubai Islands and Ras Al Khaimah.
Institutional Capital Access
In 2025, OHL entered international debt capital markets with two sukuk issuances — $500 million in May and $400 million in September. The sukuk certificates are listed on Nasdaq Dubai and the London Stock Exchange’s International Securities Market.
Amjad said the issuances demonstrated trust in the company’s “disciplined strategy, robust pipeline, and ability to deliver exceptional developments,” adding that the group is positioned to leverage global investor demand.
Access to international debt markets provides liquidity diversification at a time when large-scale masterplan developments require structured financing and phased capital deployment.
Expansion Beyond Dubai
The group expanded beyond its traditional Dubai stronghold through acquisitions in Ras Al Khaimah, including a partnership with Marjan for a masterplan development on Marjan Beach. The company also acquired Marasi Bay Island in Dubai as part of its waterfront ecosystem strategy.
While geographic diversification can reduce concentration risk, it also introduces execution complexity. Emerging markets such as Ras Al Khaimah are experiencing strong momentum, but long-term absorption depth and pricing sustainability remain under observation as supply expands.
Concentration and Cycle Risk
Despite strong 2025 results, exposure to the ultra-luxury segment presents cyclical considerations. High-ticket residential demand is typically more sensitive to global liquidity conditions, geopolitical shifts and currency movements.
Dubai’s broader market continues to show robust transaction levels, but increased supply visibility through 2026–2028 could test pricing power in certain micro-markets.
Omniyat’s strategy of expanding into the wider luxury segment under the Beyond brand reflects an effort to broaden its addressable market while retaining a design-led positioning.
Market Impact and Forward View
For investors, the Omniyat ultra-luxury property sales 2025 figures reinforce that high-end demand remains intact, supported by backlog visibility and institutional funding access. For buyers, particularly international and NRI investors, the strengthened balance sheet and sukuk market participation may reduce perceived delivery risk.
However, the pace of expansion into new masterplans and additional emirates will require disciplined execution. As Dubai’s supply pipeline matures, sustained absorption in the ultra-luxury segment will be the defining variable for maintaining current margins and velocity.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
