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Omniyat eyes Cityscape Abu Dhabi to explore realty market of UAE capital city

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13-May-2008
Omniyat Property CEO 

Mehdi Amjad, CEO of Omniyat Properties

Omniyat Properties, a leading Dubai-based real estate developer, will be showcasing their recent projects at this year's Cityscape Abu Dhabi that runs from May 13-15, 2008 at the Abu Dhabi National Exhibition Centre. Real estate developer seeks to utilize Cityscape Abu Dhabi to review investment opportunities to develop projects in the UAE's capital city and abroad.

Mehdi Amjad, CEO of Omniyat Properties: "With $327bn worth of projects proposed, planned or under construction, we regard Abu Dhabi as a significant landmark in our strategy. Our studies show that the Abu Dhabi market offers huge business opportunities, especially following the Abu Dhabi Government's 'Plan Abu Dhabi 2030".

Since its inception three years ago, real estate developer has successfully launched and sold six commercial towers and two residential projects. Existing projects of Omniyat Properties include Octavian, The Opus and The Pad. The company announced recently that it will quadruple the value of its real estate portfolio in Dubai to over Dh21bn in 2008.