Dubai - Sharikat Mubasher: OMNIYAT, a leading ultra-luxury real estate developer in Dubai, successfully secured a total of $900 million through two Sukuk financing deals in 2025.
In a statement, OMNIYAT clarified that it priced a $400 million 3.5-year Sukuk, marking its second issuance in less than six months following the $500 million, 3-year green Sukuk deal, which was finalized in May.
The new transaction underscores investors’ strong confidence in OMNIYAT’s credit story and Dubai’s resilient luxury real estate sector. It also extends the company’s debt maturity profile beyond its outstanding 2028 Sukuk.
Mahdi Amjad, Founder and Executive Chairman at OMNIYAT, commented: “Issuing a second sukuk within just six months of our debut, and on even better terms, is a major step forward for OMNIYAT. It shows the depth of confidence that global investors have in our vision, our discipline, and in the continued strength of Dubai’s ultra-luxury real estate market.”
The deal follows strong strategic and operational momentum this year. In June, OMNIYAT launched Lumena, a 48-storey ultra-luxury commercial tower located in the Burj Khalifa District, and acquired Marasi Bay Island to expand its master-planned waterfront ecosystem.