Latest news with #MahdiAmjad
Khaleej Times
23-05-2025
- Business
- Khaleej Times
ENARA by OMNIYAT responds to market demand: A new era of commercial prestige begins
OMNIYAT, the leading developer of Dubai's ultra-luxury real estate market, has announced that its prestigious commercial development, ENARA by OMNIYAT, is now almost fully sold-out since its official launch in 2025. Located in Marasi Bay, at the Burj Khalifa District, ENARA was conceptualised to redefine the corporate environment with world-class amenities, sustainable design, and an exclusive lifestyle experience. Mahdi Amjad, founder and executive chairman of OMNIYAT, said: "OMNIYAT has a legacy of creating architectural masterpieces that elevate living and working environments. ENARA by OMNIYAT embodies our philosophy of 'The Art of Elevation,' blending creativity, quality, and exclusivity. Inspired by the Arabic word for 'enlightenment' or 'light,' ENARA is designed to illuminate ambition, inspire innovation, and shape the future of corporate leadership." This commercial masterpiece in Marasi Bay's waterfront, adjacent to the city's business and financial district, merges luxury with functionality to cater to the global business elite. The project reflects Dubai's rising demand for premium office spaces, with Grade A office rents climbing 12% in 2024 and super-luxury office towers maintaining over 95% occupancy. ENARA by OMNIYAT arrives amid a growing shortage of Grade A office spaces in Dubai thanks to sustained demand from global corporations, UHNWIs, and family offices. OMNIYAT's latest development is poised to address this market gap, building on the success of recent ultra-luxury launches, with only two of thirty-four units still available in the project. ENARA marks the first milestone in OMNIYAT's ambitious strategy to redefine the ultraluxury commercial landscape, with another landmark project inthe heart of Downtown Dubai on the horizon. A new vision for commercial space ENARA by OMNIYAT combines five-star hospitality with a sustainable, future-proof office environment. It will offer 34 flexible office spaces, featuring high ceilings, full-height windows, and landscaped terraces that promote both productivity and relaxation. These spaces accommodate diverse layouts, with a seamless transition from work to leisure. Each floorplate is dedicated to single tenants, ensuring exclusivity with private lift access. The interiors are suffused with natural light from the waterfront, reflecting OMNIYAT's signature blend of luxury, sophistication, and functionality. ENARA by OMNIYAT has been designed to meet the highest global standards for wellness, sustainability and digital connectivity. It is expected to achieve Platinum WELL Certification™ to ensure optimal health and well-being for occupants, and LEED Platinum certification for meeting the most stringent sustainability benchmarks. The development has also secured Platinum pre-certifications for both WiredScore and SmartScore, highlighting its advanced digital infrastructure and smart building capabilities. The building will feature smart Building Management Systems (BMS), including automated lighting, air-conditioning, and environmental controls for optimal energy efficiency. The seamless integration of technology will enhance security, comfort, and operational efficiency, making ENARA by OMNIYAT a fully future-ready workspace. Luxe amenities ENARA by OMNIYAT will offer priority access to an opulent Private Members' Club, for relaxation and networking, the club's world-class amenities include fine dining experiences, a luxurious bar and coffee lounges. ENARA also features a dedicated spa with a lap pool, sauna, and steam room, and a fully equipped fitness centre. A landscaped sky deck and events space and a business lounge with state-of-the-art meeting and conference facilities ensure that ENARA by OMNIYAT offers far more than just a workspace. This is a property designed to inspire innovation, foster collaboration, and elevate professional lifestyles. Marasi Bay reimagines Dubai's luxury landscape ENARA by OMNIYAT is part of OMNIYAT's broader vision for Marasi Bay, a reimagined ultra-luxury waterfront destination. Known for developing some of Dubai's most iconic properties including The Lana, Dorchester Collection, VELA, and VELA Viento, all located within the Marasi Bay district. With ENARA by OMNIYAT, Dubai's commercial real estate landscape is poised for a significant shift, blending iconic design with unparalleled amenities. As global demand for premium office spaces continues to grow, ENARA by OMNIYAT positions itself as the ultimate destination for visionary businesses seeking to thrive in a luxurious, sustainable, and connected environment.
ME Construction
23-05-2025
- Business
- ME Construction
ENARA by OMNIYAT almost fully sold out says developer
Property ENARA by OMNIYAT almost fully sold out says developer By ENARA has secured LEED Platinum certification, demonstrating its commitment to meeting the sustainability benchmarks OMNIYAT has announced that its commercial development, ENARA by OMNIYAT, has almost reached its full sales capacity since its official launch earlier this year. Situated in Marasi Bay, within the Burj Khalifa District, ENARA was designed to revolutionise the corporate environment by offering a range of amenities, sustainable design principles, and an exceptional lifestyle experience. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT said, 'OMNIYAT has a legacy of creating architectural masterpieces that elevate living and working environments. ENARA by OMNIYAT embodies our philosophy of 'The Art of Elevation', blending creativity, quality, and exclusivity. Inspired by the Arabic word for 'enlightenment' or 'light', ENARA is designed to illuminate ambition, inspire innovation, and shape the future of corporate leadership.' The commercial development is situated near the city's business and financial district, and blends luxury with functionality to cater to the global business elite. The project reflects Dubai's growing demand for premium office spaces, with Grade A office rents experiencing a significant 12% increase in 2024. Moreover, office towers continue to maintain an impressive occupancy rate of over 95%, said a statement. ENARA by OMNIYAT is entering the Dubai market amidst a growing shortage of Grade A office spaces. This shortage is caused by the sustained demand from global corporations, ultra-high-net-worth individuals, and family offices. OMNIYAT's latest development aims to fill this market gap and build on its recent ultra-luxury launches. Currently, only two of the 34 units in the project are still available for sale, it added. The project marks a significant milestone in OMNIYAT's strategy to revolutionise the commercial landscape. Another landmark project is set to be launched in the Downtown Dubai, further solidifying OMNIYAT's position in the industry. A workspace that goes beyond just a functional environment. With its landscaped sky deck, events space, and business lounge featuring meeting and conference facilities, this property is designed to inspire innovation, foster collaboration, and elevate professional lifestyles. ENARA by OMNIYAT is a fusion of five-star hospitality and a sustainable, future-proof office environment, and offers 34 flexible office spaces. These spaces boast high ceilings, full-height windows, and landscaped terraces that promote productivity and relaxation. With diverse layouts, they transition from work to leisure. Each floorplate is dedicated to a single tenant, ensuring exclusivity with private lift access. The interiors, bathed in natural light from the waterfront, embody OMNIYAT's signature blend of luxury, sophistication, and functionality, the statement explained. The project was designed to meet global standards for wellness, sustainability, and digital connectivity. The project is poised to achieve Platinum WELL Certification to guarantee optimal health and well-being for its occupants. Moreover, ENARA has secured LEED Platinum certification, demonstrating its commitment to meeting sustainability benchmarks. Additionally, the project has received Platinum pre-certifications from both WiredScore and SmartScore, underscoring its advanced digital infrastructure and smart building capabilities. ENARA features Smart Building Management Systems (BMS) that integrate automated lighting, air-conditioning, and environmental controls. These systems will optimise energy efficiency and enhance security, comfort, and operational efficiency. Offering priority access to a Private Members' Club, for relaxation and networking, the club's amenities include fine dining experiences, a bar and coffee lounges, a dedicated spa with a lap pool, sauna, and steam room, and a fully equipped fitness centre, the statement concluded.
Arabian Business
21-05-2025
- Business
- Arabian Business
Dubai real estate: OMNIYAT's ENARA signals new era for premium commercial property
OMNIYAT, a leading developer in Dubai's ultra-luxury real estate sector, has announced that its commercial project, ENARA by OMNIYAT, in Marasi Bay's Burj Khalifa District, is nearly fully sold out following its 2025 launch. With only two of 34 units remaining, the project responds to a shortage of 'Grade A' office spaces driven by demand from global corporations, ultra-high-net-worth individuals, and family offices. The development aligns with Dubai's rising demand for premium office spaces, evidenced by a 12 per cent increase in 'Grade A' office rents in 2024 and over 95 per cent occupancy in super-luxury office towers. ENARA by OMNIYAT is part of OMNIYAT's strategy to redefine Marasi Bay as an ultra-luxury waterfront destination, complementing projects like The Lana, Dorchester Collection, VELA, and VELA Viento. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said: 'OMNIYAT has a legacy of creating architectural masterpieces that elevate living and working environments. ENARA by OMNIYAT embodies our philosophy of 'The Art of Elevation', blending creativity, quality, and exclusivity. Inspired by the Arabic word for 'enlightenment' or 'light', ENARA is designed to illuminate ambition, inspire innovation, and shape the future of corporate leadership.' ENARA offers 34 flexible office spaces with high ceilings, full-height windows, and landscaped terraces, designed for single tenants with private lift access. The project is expected to achieve Platinum WELL Certification for occupant health and LEED Platinum certification for sustainability, alongside Platinum pre-certifications for WiredScore and SmartScore, reflecting advanced digital infrastructure. Smart Building Management Systems will optimise energy efficiency through automated lighting, air-conditioning, and environmental controls. The development features amenities such as a Private Members' Club with fine dining, a luxurious bar, coffee lounges, and a spa with a lap pool, sauna, steam room, and a fitness centre. A landscaped sky deck, events space, and a business lounge with meeting facilities to enhance its appeal as a workspace for productivity and collaboration. ENARA by OMNIYAT marks the first phase of OMNIYAT's plan to reshape Dubai's ultra-luxury commercial landscape, with another project planned in Downtown Dubai. The development underscores OMNIYAT's role in shaping Dubai's aesthetic, cultural, and economic landscape through bespoke residential, hospitality, and retail spaces.
Zawya
21-05-2025
- Business
- Zawya
ENARA by OMNIYAT responds to market demand: A new era of commercial prestige begins
The project's success reflects Dubai's rising demand for premium office spaces, with Grade A office rents climbing 12% in 2024 and super-luxury office towers maintaining over 95% occupancy ENARA by OMNIYAT is part of OMNIYAT's broader vision for Marasi Bay, a reimagined urban destination, and a cornerstone of OMNIYAT's bold commercial real estate strategy Dubai, UAE: OMNIYAT, the leading developer of Dubai's ultra-luxury real estate market, has announced that its prestigious commercial development, ENARA by OMNIYAT, is now almost fully sold-out since its official launch in 2025. Located in Marasi Bay, at the Burj Khalifa District, ENARA was conceptualised to redefine the corporate environment with world-class amenities, sustainable design, and an exclusive lifestyle experience. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said: 'OMNIYAT has a legacy of creating architectural masterpieces that elevate living and working environments. ENARA by OMNIYAT embodies our philosophy of 'The Art of Elevation,' blending creativity, quality, and exclusivity. Inspired by the Arabic word for 'enlightenment' or 'light,' ENARA is designed to illuminate ambition, inspire innovation, and shape the future of corporate leadership.' This commercial masterpiece in Marasi Bay's waterfront, adjacent to the city's business and financial district, merges luxury with functionality to cater to the global business elite. The project reflects Dubai's rising demand for premium office spaces, with Grade A office rents climbing 12% in 2024 and super-luxury office towers maintaining over 95% occupancy. [1] ENARA by OMNIYAT arrives amid a growing shortage of Grade A office spaces in Dubai thanks to sustained demand from global corporations, UHNWIs, and family offices. OMNIYAT's latest development is poised to address this market gap, building on the success of recent ultra-luxury launches, with only two of thirty-four units still available in the project. ENARA marks the first milestone in OMNIYAT's ambitious strategy to redefine the ultra-luxury commercial landscape, with another landmark project in the heart of Downtown Dubai on the horizon. A New Vision for Commercial Space ENARA by OMNIYAT combines five-star hospitality with a sustainable, future-proof office environment. It will offer 34 flexible office spaces, featuring high ceilings, full-height windows, and landscaped terraces that promote both productivity and relaxation. These spaces accommodate diverse layouts, with a seamless transition from work to leisure. Each floorplate is dedicated to single tenants, ensuring exclusivity with private lift access. The interiors are suffused with natural light from the waterfront, reflecting OMNIYAT's signature blend of luxury, sophistication, and functionality. ENARA by OMNIYAT has been designed to meet the highest global standards for wellness, sustainability and digital connectivity. It is expected to achieve Platinum WELL Certification™ to ensure optimal health and well-being for occupants, and LEED Platinum certification for meeting the most stringent sustainability benchmarks. The development has also secured Platinum pre-certifications for both WiredScore and SmartScore, highlighting its advanced digital infrastructure and smart building capabilities. The building will feature smart Building Management Systems (BMS), including automated lighting, air-conditioning, and environmental controls for optimal energy efficiency. The seamless integration of technology will enhance security, comfort, and operational efficiency, making ENARA by OMNIYAT a fully future-ready workspace. Luxe amenities ENARA by OMNIYAT will offer priority access to an opulent Private Members' Club, for relaxation and networking, the club's world-class amenities include fine dining experiences, a luxurious bar and coffee lounges. ENARA also features a dedicated spa with a lap pool, sauna, and steam room, and a fully equipped fitness centre. A landscaped sky deck and events space and a business lounge with state-of-the-art meeting and conference facilities ensure that ENARA by OMNIYAT offers far more than just a workspace. This is a property designed to inspire innovation, foster collaboration, and elevate professional lifestyles. Marasi Bay reimagines Dubai's luxury landscape ENARA by OMNIYAT is part of OMNIYAT's broader vision for Marasi Bay, a reimagined ultra-luxury waterfront destination. Known for developing some of Dubai's most iconic properties including The Lana, Dorchester Collection, VELA, and VELA Viento, all located within the Marasi Bay district. With ENARA by OMNIYAT, Dubai's commercial real estate landscape is poised for a significant shift, blending iconic design with unparalleled amenities. As global demand for premium office spaces continues to grow, ENARA by OMNIYAT positions itself as the ultimate destination for visionary businesses seeking to thrive in a luxurious, sustainable, and connected environment. About OMNIYAT OMNIYAT is a leading, homegrown visionary developer influencing the aesthetic, cultural, and economic footprint of Dubai. By mastering 'The Art of Elevation' and merging ultra-luxury with curated living, it delivers bespoke designs and experiences encasing residential, hospitality, and retail spaces. OMNIYAT's philosophy lies in pushing the artistic boundaries of design, craft, and excellence to elevate the human experience. It has delivered iconic masterpieces such as The Opus, One at Palm Jumeirah, ORLA and The Lana. For further information, please contact: Mariam Bouraoui Account Manager Tel. + 971 50 8997697 mariam@
Gulf Today
12-05-2025
- Business
- Gulf Today
Nasdaq Dubai welcomes $500m Green Sukuk listing by OMNIYAT
Nasdaq Dubai on Monday welcomed a $500 million Green Sukuk by OMNIYAT, a leading Dubai-based real estate developer. The three-year Sukuk, maturing on May 6th, 2028, was issued under a $1 billion Trust Certificate Issuance Programme and carries a profit rate of 8.375 per cent. The Sukuk will support the development of environmentally sustainable real estate projects across OMNIYAT's portfolio, with a focus on energy efficiency, sustainable construction and environmental performance. The issuance attracted strong demand from regional and international investors, with initial price thoughts around 8 per cent tightening to the final rate, underscoring investor confidence in OMNIYAT's strategy and Dubai's real estate sector. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, rang the market opening bell on behalf of the company at Nasdaq Dubai to celebrate the listing in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). Mahdi Amjad said, 'Today's bell ringing marks more than just a financial milestone, it signals OMNIYAT's long-term commitment to sustainable growth and responsible investment. The successful launch of this green sukuk reflects our belief that profitability and positive environmental impact are intertwined. The oversubscription and subsequent successful issuance are a testament to the growing appetite for investment vehicles that drive both economic growth and sustainable outcomes. 'We are proud to list our Green Sukuk on Nasdaq Dubai, a world-class international exchange that offers unparalleled visibility, transparency, and connectivity to global investors. We thank the Nasdaq Dubai team for their invaluable support throughout this journey. This platform provides the ideal infrastructure to facilitate seamless market access and supports our ambition to deepen engagement with both regional and international capital markets.' Hamed Ali said, 'OMNIYAT's Green Sukuk listing is a strong addition to Nasdaq Dubai's ESG and Islamic finance ecosystem. It reflects the growing role of the private sector in advancing sustainable finance and adds further depth to the market. We are pleased to support OMNIYAT's capital markets journey and look forward to further collaboration as they continue to expand their impact.' With this listing, the total value of ESG-linked debt instruments on Nasdaq Dubai has reached $29.6 billion, representing a growing share of the exchange's debt market. Green instruments account for over 60 per cent of ESG listings, highlighting strong regional momentum toward sustainable capital markets. The total value of Sukuk listed on Nasdaq Dubai now stands at $96.2 billion, while the overall value of debt instruments on the exchange exceeds $138 billion. Meanwhile last year Nasdaq Dubai welcomed the listing of $500 million Sukuk issued by the Sharjah Islamic Bank (SIB). This marks the sixth issuance under the bank's USD 3 billion Trust Certificate Issuance Programme which was established in 2013. The Sukuk, which will mature in 2029, attracted strong demand from both global and regional investors, being oversubscribed 3 times with orders totaling $1.5 billion. This reflects the global appeal of UAE's dynamic capital market. With this issuance, the total listings by SIB, comprising two senior unsecured Sukuk and one Additional Tier 1 Capital Sukuk on Nasdaq Dubai, stands at $1.5 billion. The total value of Sukuk listed on Nasdaq Dubai adds up to $93.89 billion, reinforcing its status as a leading global market for Sukuk issuances, and the total value of listed bonds and Sukuk on Nasdaq Dubai now reaches $134.1 billion. To celebrate the listing, Ahmed Saad Ibrahim, DCEO, Sharjah Islamic Bank rang the bell at the market-opening ceremony at Nasdaq Dubai, joined by Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). Ahmed Saad said, 'We are delighted by our latest Sukuk listing on Nasdaq Dubai, which showcased strong demand from international and regional investors. The success of our Sukuk reflects investors' strong belief in SIB's strategy as we develop our activities across all our areas of business and operations. 'Our vision is to continue innovating and providing excellent financial services that cater to the needs of our diverse clientele. We have been consistent and successful in our foray into the international capital markets, an indication that the bank remains strong under prudent management. This success is a testament to our team's dedication, the trust of our stakeholders, and our unwavering commitment to sustainable growth.' Hamed Ali, CEO of Nasdaq Dubai and DFM, said, 'We welcome SIB's successful Sukuk issuance on Nasdaq Dubai. This listing reiterates our commitment to providing a dynamic and effective marketplace for Islamic finance. By facilitating these listings, Nasdaq Dubai continues to support the growth and diversification of the Islamic capital markets, offering issuers unparalleled visibility and access to a diverse investor base.'
