diff --git a/devops/scripts/benchmarks/benches/compute.py b/devops/scripts/benchmarks/benches/compute.py
index d83a0d081af57..557f1da7aff42 100644
--- a/devops/scripts/benchmarks/benches/compute.py
+++ b/devops/scripts/benchmarks/benches/compute.py
@@ -175,6 +175,11 @@ def benchmarks(self) -> list[Benchmark]:
                 MemcpyExecute(self, 400, 1, 102400, 10, 1, 1, 1),
                 MemcpyExecute(self, 400, 1, 102400, 10, 0, 1, 1),
                 MemcpyExecute(self, 4096, 4, 1024, 10, 0, 1, 0),
+                UsmMemoryAllocation(self, RUNTIMES.UR, "Device", 4 * 1024, "Both"),
+                UsmMemoryAllocation(self, RUNTIMES.UR, "Device", 4 * 1024 * 1024, "Both"),
+                UsmBatchMemoryAllocation(self, RUNTIMES.UR, "Device", 256, 4 * 1024, "Both"),
+                UsmBatchMemoryAllocation(self, RUNTIMES.UR, "Device", 32, 4 * 1024 * 1024, "Both"),
+                UsmRandomMemoryAllocation(self, RUNTIMES.UR, "Device", 256, 4 * 1024, 32 * 1024 * 1024, "LogUniform"),
             ]
 
         return benches
@@ -698,3 +703,134 @@ def bin_args(self) -> list[str]:
             f"--ioq={self.ioq}",
             f"--ctrBasedEvents={self.ctrBasedEvents}",
         ]
+
+
+class UsmMemoryAllocation(ComputeBenchmark):
+    def __init__(self, bench, runtime: RUNTIMES, usm_memory_placement, size, measure_mode):
+        self.runtime = runtime
+        self.usm_memory_placement = usm_memory_placement
+        self.size = size
+        self.measure_mode = measure_mode
+        super().__init__(
+            bench, f"api_overhead_benchmark_{runtime.value}", "UsmMemoryAllocation"
+        )
+
+    def get_tags(self):
+        return [runtime_to_tag_name(self.runtime), "micro", "latency", "memory"]
+
+    def name(self):
+        return (
+            f"api_overhead_benchmark_{self.runtime.value} UsmMemoryAllocation "
+            f"usmMemoryPlacement:{self.usm_memory_placement} size:{self.size} measureMode:{self.measure_mode}"
+        )
+
+    def explicit_group(self):
+        return f"UsmMemoryAllocation {self.usm_memory_placement} {self.size} {self.measure_mode}"
+
+    def description(self) -> str:
+        what_is_measured = "Both memory allocation and memory free are timed"
+        if self.measure_mode == "Allocate":
+            what_is_measured = "Only memory allocation is timed"
+        elif self.measure_mode == "Free":
+            what_is_measured = "Only memory free is timed"
+        return (
+            f"Measures memory allocation overhead by allocating {self.size} bytes of "
+            f"usm {self.usm_memory_placement} memory and free'ing it immediately. "
+            f"{what_is_measured}. "
+        )
+
+    def bin_args(self) -> list[str]:
+        return [
+            f"--type={self.usm_memory_placement}",
+            f"--size={self.size}",
+            f"--measureMode={self.measure_mode}",
+            "--iterations=1000",
+        ]
+
+
+class UsmBatchMemoryAllocation(ComputeBenchmark):
+    def __init__(self, bench, runtime: RUNTIMES, usm_memory_placement, allocation_count, size, measure_mode):
+        self.runtime = runtime
+        self.usm_memory_placement = usm_memory_placement
+        self.allocation_count = allocation_count
+        self.size = size
+        self.measure_mode = measure_mode
+        super().__init__(
+            bench, f"api_overhead_benchmark_{runtime.value}", "UsmBatchMemoryAllocation"
+        )
+
+    def get_tags(self):
+        return [runtime_to_tag_name(self.runtime), "micro", "latency", "memory"]
+
+    def name(self):
+        return (
+            f"api_overhead_benchmark_{self.runtime.value} UsmBatchMemoryAllocation "
+            f"usmMemoryPlacement:{self.usm_memory_placement} allocationCount:{self.allocation_count} size:{self.size} measureMode:{self.measure_mode}"
+        )
+
+    def explicit_group(self):
+        return f"UsmBatchMemoryAllocation {self.usm_memory_placement} {self.allocation_count} {self.size} {self.measure_mode}"
+
+    def description(self) -> str:
+        what_is_measured = "Both memory allocation and memory free are timed"
+        if self.measure_mode == "Allocate":
+            what_is_measured = "Only memory allocation is timed"
+        elif self.measure_mode == "Free":
+            what_is_measured = "Only memory free is timed"
+        return (
+            f"Measures memory allocation overhead by allocating {self.size} bytes of "
+            f"usm {self.usm_memory_placement} memory {self.allocation_count} times, then free'ing it all at once. "
+            f"{what_is_measured}. "
+        )
+
+    def bin_args(self) -> list[str]:
+        return [
+            f"--type={self.usm_memory_placement}",
+            f"--allocationCount={self.allocation_count}",
+            f"--size={self.size}",
+            f"--measureMode={self.measure_mode}",
+            "--iterations=1000",
+        ]
+
+
+class UsmRandomMemoryAllocation(ComputeBenchmark):
+    def __init__(self, bench, runtime: RUNTIMES, usm_memory_placement, operation_count, min_size, max_size, size_distribution):
+        self.runtime = runtime
+        self.usm_memory_placement = usm_memory_placement
+        self.operation_count = operation_count
+        self.min_size = min_size
+        self.max_size = max_size
+        self.size_distribution = size_distribution
+        super().__init__(
+            bench, f"api_overhead_benchmark_{runtime.value}", "UsmRandomMemoryAllocation"
+        )
+
+    def get_tags(self):
+        return [runtime_to_tag_name(self.runtime), "latency", "memory"]
+
+    def name(self):
+        return (
+            f"api_overhead_benchmark_{self.runtime.value} UsmRandomMemoryAllocation "
+            f"usmMemoryPlacement:{self.usm_memory_placement} operationCount:{self.operation_count} "
+            f"minSize:{self.min_size} maxSize:{self.max_size} sizeDistribution:{self.size_distribution}"
+        )
+
+    def explicit_group(self):
+        return f"UsmRandomMemoryAllocation {self.usm_memory_placement} {self.operation_count} {self.min_size} {self.max_size} {self.size_distribution}"
+
+    def description(self) -> str:
+        return (
+            f"Measures memory allocation overhead by performing {self.operation_count} randomized operations of memory allocation and memory free."
+            f"Usm {self.usm_memory_placement} memory is used. Allocation size is between {self.min_size} and {self.max_size}, "
+            f"with a {self.size_distribution} distribution. "
+        )
+
+    def bin_args(self) -> list[str]:
+        return [
+            f"--type={self.usm_memory_placement}",
+            f"--operationCount={self.operation_count}",
+            f"--minSize={self.min_size}",
+            f"--maxSize={self.max_size}",
+            f"--sizeDistribution={self.size_distribution}",
+            "--iterations=1000",
+        ]
diff --git a/unified-runtime/source/common/CMakeLists.txt b/unified-runtime/source/common/CMakeLists.txt
index bc3c2aec68791..6c849ea889d88 100644
--- a/unified-runtime/source/common/CMakeLists.txt
+++ b/unified-runtime/source/common/CMakeLists.txt
@@ -36,7 +36,7 @@ target_include_directories(ur_common PUBLIC
 
 message(STATUS "Download Unified Memory Framework from github.com")
 if (NOT DEFINED UMF_REPO)
-    set(UMF_REPO "https://github.com/oneapi-src/unified-memory-framework.git")
+    set(UMF_REPO "https://github.com/bratpiorka/unified-memory-framework.git")
 endif()
 
 if (NOT DEFINED UMF_TAG)
@@ -44,7 +44,7 @@ if (NOT DEFINED UMF_TAG)
     # Author: Łukasz Stolarczuk <lukasz.stolarczuk@intel.com>
     # Date:   Tue Mar 18 15:41:37 2025 +0100
     # 0.11.0-rc1 release
-    set(UMF_TAG v0.11.0-rc1)
+    set(UMF_TAG d1a61df8e689b88dda5c88dbaed5f982a66a7aa7)
 endif()
 
 message(STATUS "Will fetch Unified Memory Framework from ${UMF_REPO}")