The use of block colours, expanses of white and seemingly floating people creates a cartoon-like effect similar to some of OMA's concept visualisations for its architecture projects.
The studio has a longstanding relationship with Miuccia Prada's brand, and AMO has collaborated on its lookbooks since Spring Summer 2007.
For Spring Summer 2012, AMO turned the imagery into a short movie and has continued this Real Fantasies series each season.
"The project highlights the attitude of Prada and the conceptual references of the collection, season after season," said the studio.
The latest video sets models wearing the collection in a three-dimensional blank space, populated with objects and furniture.
"Characters move through a neutral scene between the undefined and distilled fragments of daily life," AMO said. "The horizon and scale constantly shifts, manipulating the frame and disrupting a linear sequence: an artificial landscape where fiction and collection collide."
Throughout the clip, blocks of colour gradually blend through a gradient from blue-green to orange, forming the effect of a "synthetic sunset".
Models move between different scenarios including a waiting room and a train carriage.
Large spherical earrings become raindrops during an outdoor scene, where the colour fills the frame and white is used to suggest objects like lamp posts.
AMO has created several catwalk designs for Prada's fashion shows, including a set based on a public penance theatre for Autumn Winter 2016 and a "timeless ruin" covered in reflective materials for the previous season.
Sign up for a daily roundup
of all our stories