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OQYANA Real Estate Company (K.S.C.C.) was incorporated on 7th April 2002 under the name Damnat Al Khalij Real Estate Company (K.S.C.C.) with a paid up capital of KD 1,000,000. The major investors acquired the Company and changed its name to OQYANA Real Estate Company (K.S.C.C.). The company, during the last two years, has had returns on capital in excess of 7.5%.

Our Mission

To be one of the main real estate developers in the region.

Our Vision

Provide high quality professional real estate investment opportunities through investment in sound and good real estate assets inside and outside of the GCC region.

Our Philosophy

To be giant real estate developer, the company aims to employ highly qualified executive staff and employ all the services required as per performance and need. The company will consider several initiatives to adopt ideas and transform them into major projects on the regional level and create partnerships with its shareholder in new or expandable projects and reconstructions.

Our current Projects and Future vision

  • The company has a future and a clear business plan, supported by a technical and administrative team. The company has a plan to create a new brand in the real estate sector in the GCC and around the world, which is ‘OQYANA’. The objective of the company is to make the brand, a name, which will always be linked with the welfare and luxurious life style in the real estate sector.
  • The initial projects of the company will be located in UAE – Emirate of Dubai the name of ‘OQYANA-World First’. The project is the part of ‘World Island Project’ in Dubai. The company will own the project through a subsidiary that was incorporated in the British Islands Jersey under the name of ‘OQYANA Limited-Jersey’.
  • The company now is in the stage of carrying out the due diligence and the feasibility studies for several other unique projects in the State of Kuwait, Kingdom of Bahrain and East Europe.


(Forming Part of the ‘The World Island Project’- Dubai, UAE) The initial project of the Company will be the ‘Australian Island Project’ forming part of the iconic ‘World Island Projet’ located in The UAE – Dubai under the name of ‘OQYANA-World First’. The project will own the project through a subsidiary that was incorporated in the British Islands Jersey under the name of ‘OQYANA Limited-Jersey’.

The World Island Project

Born out of the vision of his Highness General Sheikh Mohammed Bin Rashid Al Maktoum, the Crown Prince of Dubai and Minister of Defence of UAE, and property developers Nakheel Properties, The World Island Projet will be the worlds largest development on a man made island. Located in the Arabian Gulf off the coast of Dubai, it will be the first development of its kind.
The World Island lie approximately 3.16 km away from the Dubai shoreline. An icon of ambition and vision, World Island is an archipelago of 300 islands off the coast of Dubai, UAE, clustered in the shape of the worls map.

The Australian Islands

The Australian Islands lie northeast to one of the major points of the entry in the The World Islands. It lies approximately 4.5 km north of Dubai’s shoreline and it takes approximately 10 minutes to reach by ferry. The Australian Islands in comprised of 14 islands and includes New Zealand, Papua New Guinea and Tasmania. The islands cover an area of 393,800 sq meters (39.38 hectares). The smallest island is Tasmania (1.9 hectares) and the largest is Adelaide (4.5 hectares).
Overall size of The Australian Islands is a manageable cluster and therefore allows for the development of a well-integrated concept. It can also be considered to have one of the best location in the World Island as compared to the other island, as it will

  • Have easier accessibility
  • Provide panoramic views of Dubai’s coastline
  • Provide views of the sunset and sunrise.
  • Provide views of the other island of The World Island


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