Luxury Dubai developer reports sales boost despite coronavirus crisis

Luxury Dubai developer reports sales boost despite coronavirus crisis

Luxury Dubai-based developer Omniyat has reported an increase in sales transactions over the past three months despite the impact of the coronavirus pandemic.

Mahdi Amjad, founder and executive chairman of Omniyat, hailed the "trust of international investors" as he said the company, which targets ultra high net-worth individuals (UHNWIs), had posted "enhanced conversion" of its luxury sales without elaborating.

Anwa by Omniyat is a residential project at Dubai Maritime City and expects to welcome homeowners in the second quarter of 2020

In a video posted on the official Dubai Media Office Twitter page, he also said Omniyat was preparing to deliver the "ultimate lifestyle experience" in Dubai.

Over the next two years, ultra-luxury hospitality brand Dorchester Collection will link up with Omniyat to run its first property in the Middle East.



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