Amanat has reaffirmed its long-term commitment to growth in the UAE, backed by a fully funded development portfolio, strategically located land, and ongoing confidence in the country’s robust economic fundamentals.
The company is actively working on various projects as part of a $11.7 billion development portfolio, all of which are progressing according to approved timelines. This momentum is supported by strong liquidity levels that ensure the successful completion of these projects, reflecting a disciplined financial strategy and solid demand for the company’s offerings.
Amanat’s performance is underpinned by a solid financial position and a disciplined execution approach. The company owns a land portfolio with a development potential of 12 million square feet across key waterfront locations in the UAE, enhancing its future development trajectory within the real estate market.
Amanat continues to expand its presence in the real estate sector by developing strategic projects that strengthen its position in prime areas of Dubai and the wider region. The company focuses on delivering exceptional locations, accelerating project timelines, and creating integrated assets and destinations that align with the evolving aspirations of clients and investors across different segments. Construction activities on all sites remain uninterrupted and follow the established schedules.
The company’s contracted revenue has increased to $6.1 billion, more than five times the revenue projected for the fiscal year 2025, providing long-term revenue visibility across its portfolio for the next five years. Additionally, Amanat has recorded sales of $729 million since the beginning of 2026.
Madi Amjad, the founder and executive chairman, stated, “For over two decades, we have navigated various economic changes in the UAE with confidence, never doubting the potential of this market. The foundational elements supporting the UAE remain exceptionally strong, guided by leadership with a proven ability to tackle challenges with clear vision and determination. For developers with strength, credibility, and capability, such phases present not barriers, but opportunities for solidifying and elevating growth at the right time. This has always been our approach, and it is what we continue to focus on today.”
He added, “We built Amanat on fundamental principles that we believe are crucial, especially in these times: financial discipline that allows us to progress steadily without compromise, a strategic land portfolio along waterfronts that enables us to act confidently when the time is right, and a multi-brand platform that meets market demands across various segments. This is not merely a response to a temporary phase, but rather the foundation on which we have operated for years.”
He concluded, “Our portfolio continues to advance, and our commitment to delivering projects remains a top priority. Our confidence in the UAE is grounded in over two decades of observing its journey, where it has consistently proven its ability to enhance its stature and emerge from challenges stronger and more focused on the future.”