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MEGA PROJECTS PLANNED

Omniyat to bring top global hotel brands to Dubai

Dubai, September 14, 2013

Omniyat, a leading developer in the Middle East, is set to bring two international, premium hotel brands to Dubai by year end besides launching three mega service apartments projects, said a top official.

With a portfolio of 15 plots in the Burj district, 2.9 million Ft2 of completed projects, and over 7.3 million Ft2 projects planned or under construction, Omniyat is one of the largest developers in the Burj District, remarked Mahdi Amjad, the executive chairman and CEO.

He was speaking at a press conference to announce Omniyat’s participation at Cityscape Global, the Middle East's largest real estate event which runs from October 8 to 10 at the Dubai World Trade Centre.

“The UAE’s economic growth has increased confidence in the hospitality sector, and Dubai’s government initiative to attract 20 million tourists by 2020 and its increasing investment in tourist attractions with the increasing occupancy of current hotels have motivated the company to further invest into hospitality,” he stated.

"Our participation at Cityscape Global this year will bring a number of firsts for Omniyat and Dubai," he remarked.

On his new Dubai plans, Amjad said, "We take pride in bringing two international premium hotel brands to the region as well as launching three mega service apartments projects."

"As a dynamic real estate company, we felt the need to invest in the rapidly growing hospitality sector in Dubai. We think that these two premium hotel brands will bring added value to the hospitality and more significantly real estate industries in Dubai,” he noted.

The new hotels will be based in Burj Khalifa district, said Amjad.

"This world class district is the right location for new projects and is in keeping with the growing demand of business travelers, it boasts a robust infrastructure and is increasingly becoming the centre of business activity in Dubai," he explained.

“We work with partners who resonate Omniyat’s core values of individuality, style, sophistication and innovation and most importantly high ROIs for our investors and customers. We are gearing up for the growing demand and expanding in the region as well as hiring and growing the team,” he stated.

Omniyat’s approach is to engage with leading partners, including hotel operators, anchor tenants, retailers, franchises, architects and contractors to maximize the value and desirability of its real estate offerings, added Amjad.-TradeArabia News Service
 




Tags: hotel | Cityscape | Omniyat | apartment |

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