Innovate Living Development has officially broken ground on Omoria Private Residences at Dubai Islands, marking a premier milestone in its AED 2 billion (USD 545 million) ultra-luxury development pipeline. This landmark project represents the master developerโs strategic entry into Dubai Islandsโan emerging waterfront destination drawing strong early parallels to the formative years of Palm Jumeirah, but driven by a more integrated, future-facing masterplan.
Designed as a low-density G+7 enclave, the hospitality-led development will feature a highly curated portfolio of fully finished and furnished ultra-luxury properties. Seamlessly blending coastal sophistication with metropolitan connectivity, the development is positioned to capture robust international capital looking for long-term value in the UAE’s premium real estate sector.
Core Project Highlights
- The Portfolio: Fully furnished studio suites, multi-bedroom apartments, duplexes, penthouses, and signature residences featuring private pools and premium Italian craftsmanship.
- The Lifestyle Ecosystem: Fully integrated wellness and longevity facilities, private resident spaces, and beach access alongside nearby championship golf courses and luxury marinas.
- Hospitality Integration: Dedicated residential operator Omoria will manage the estate from inception, embedding an anticipatory, high-touch concierge service model.
- Timeline: Construction is actively underway, with full project completion targeted for Q4 2027.
The expansion comes amid historic momentum for the region. According to Dubai Land Department data, Dubai recorded a stellar AED 252 billion in real estate transactions in Q1 2026 aloneโa 31% year-on-year surge that underscores sustained investor confidence and robust market fundamentals.
Kareem Fahmy, Founder & Chairman of Innovate Living Development and Co-Founder & CEO of Omoria, stated: โWe have been through multiple market cycles in Dubai, and what remains consistent is the strength of the fundamentals. Periods of adjustment are part of any mature market – they create a more sustainable foundation for long-term growth.
By prioritizing high-specification craftsmanship and low-density privacy over sheer scale, Innovate Living continues to redefine the boundaries of coastal luxury, advancing a pipeline heavily aligned with the worldโs most discerning residential demands.
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