Omniyat Properties to reveal over Dhs10bn new projects at Cityscape Dubai 2008

"We are very proud to continue our strong progress in the UAE market, with a phenomenal portfolio of commercial and residential projects which demonstrate our maturity as a premium, dynamic and innovative company," said Mehdi Amjad, Executive Chairman, Omniyat Properties.

Omniyat will showcase three new developments at this year's Cityscape Dubai, spearheaded by the Dhs5bn Beachfront Living project, a waterfront and coastal, super luxury, mixed-use development at Madinat Al Arab. Beachfront Living combines Omniyat's promise of signature design, innovative sustainability and ground breaking technological solutions. The project will showcase Omniyat's first hotel tower, a crescent shaped 42-storey residential masterpiece and a Rodeo Drive-style retail strip.

The Fusion project is in final design stage and is planned as an urban mixed-use development in the prestigious DuBiotech, the first science and business park in the Middle East. The Fusion is designed to be an expression of Omniyat's development of a new life model which integrates home, life and leisure within a single, seamless environment.

Finally, Omniyat Tower is an iconic landmark commercial tower in the heart of Business Bay, designed by Foster and Partners and with sustainable, green design objectives which target the Gold Certificate in the LEED Green Building Rating System. In final design stage, Omniyat Tower will set new benchmarks in design and the tower will offer exquisite shopping and leisure selections within a vibrant visitor location.

The projects showcased at Cityscape Dubai 2008 are now part of a highly impressive Omniyat portfolio including One Business Bay, Bayswater, The Binary, The Opus, The Square, The Gemini, The Octavian, PHI and the award winning residential project 'The Pad'.

Omniyat has over Dhs20bn of projects in various stages of development, and is planning a further AED10 billion of new projects throughout 2009.

"The completion of our initial projects The Square, Bayswater and One Business Bay are expected in April 2009. As we approach our 3rd anniversary, Omniyat has proven that we are a company which delivers to our commitments, whilst respecting our corporate principles of outstanding design, leading edge technology and innovation integration, providing a revolutionary real estate offering", said Mehdi Amjad. "This focus is at the core of our strategic planning, and it helps us expand our revolutionary offerings throughout the UAE, GCC and internationally," he concluded.

The 7th edition of Cityscape Dubai runs from October 6-9, at the Dubai International Exhibition Centre (DIEC) and Omniyat Properties welcomes participants to meet representatives at the company's stand in Hall 4.