Dubai Holding has partnered with Select Group and Emirates Strategic Investments Company (ESIC) to develop major new projects at Palm Jebel Ali and Dubai Design District (d3), marking a significant move to shape Dubai’s future urban and waterfront landscapes.
This agreement represents Dubai Holding’s first third-party land sale at Palm Jebel Ali and underscores its ambition to unlock long-term value across its master developments. The collaboration aims to deliver high-end residential, hospitality, and mixed-use communities in two of the city’s most iconic districts.
At Palm Jebel Ali, Select Group will develop luxury waterfront residences and hospitality offerings, setting new standards for upscale coastal living. Meanwhile, the d3 project will introduce a vibrant, design-forward urban community that blends innovation, culture, and contemporary city life.
Khalid Al Malik, CEO of Dubai Holding Real Estate, said the partnership supports Dubai’s vision of becoming a global lifestyle and investment hub. Select Group Chairman Rahail Aslam echoed this, calling the acquisition a key step in their expansion strategy into Dubai’s growth corridors.
Both projects align with the Dubai 2040 Urban Master Plan and the D33 Economic Agenda, reinforcing Dubai’s commitment to sustainable growth and innovation. Planning is underway, with more details to follow.
News Source: Dubai Media Office
