Innovate Living breaks ground on Dubai Islands project

Innovate Living Development, a Dubai-based developer, has broken ground on Omoria Private Residences, its first project on Dubai Islands. The development is part of Innovate Living’s Dh2 billion ultra-luxury development pipeline. It is scheduled for completion in Q4 2027. Spanning a G+7 structure, Omoria Private Residences is an ultra-luxury hospitality-led development comprising a fully finished and furnished collection of studio suites, one-, two- and three-bedroom residences, duplexes, residences with private pools, and penthouses. Amenities include wellness and longevity-focused facilities, private resident spaces, concierge-led services, and communal environments - all embedded within a broader master community that combines beachfront living with access to golf courses, marinas, retail, education, healthcare, and green spaces. Omoria, an ultra-luxury residential-first hospitality brand, will serve as the residential hospitality operator. It will oversee service integration, concierge, and lifestyle management, embedding a hospitality-first approach into the foundation of the project. Kareem Fahmy, Founder & Chairman of Innovate Living Development and Co-Founder & CEO of Omoria, said, “We 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. Our confidence in the UAE is rooted in its leadership, infrastructure, and long-term vision. As developers, we have the clarity and conviction to continue building for the future. “We saw this first-hand with Palm Jumeirah, investing at a time when sentiment was more cautious. Today, it stands as one of the world’s leading residential destinations. We see similar long-term fundamentals in Dubai Islands - particularly in its planning, connectivity, and the scale of what is being created. “What makes Dubai Islands unique is its ability to combine island living with proximity to the city, while offering a fully integrated community with marinas, green spaces, a golf course, and essential lifestyle infrastructure - something rarely achieved at this scale globally.” The strength of the market continues to underpin this activity. According to Dubai Land Department data, Dubai recorded Dh252 billion in real estate transactions in Q1 2026, up 31 percent year-on-year, with sustained inflows of international capital reinforcing long-term confidence in the sector.