JAD Global Real Estate Development Company has signed a collaboration agreement with the Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai), under which JAD Global will develop endowment investment projects through the collaboration.
The collaboration supports Awqaf Dubai’s strategy to deliver sustainable endowment projects that serve key sectors of society, enhance community well-being, and promote long-term social impact.
His Excellency Ali Al Mutawa, Secretary General of Awqaf Dubai, affirmed that this collaboration reflects the Foundation's commitment to developing the concept of endowments through innovative and sustainable development models for endowment investment, in line with Dubai’s vision to enhance the endowment projects and expand their positive impact. Al Mutawa added,
Through this collaboration, we will construct an endowment commercial complex whose proceeds will benefit mosques in Dubai, in line with the Foundation's strategy aimed at expanding and diversifying the channels of endowment, serving the community and meeting its needs.
This collaboration reflects JAD Global’s commitment to delivering real estate developments that create lasting social value,
said Mohammed Al Sheikh, CEO of JAD Global.
By integrating holistic wellness principles into the way spaces are designed and experienced, we believe real estate can support not only quality of life, but also the broader charitable and community-focused objectives of endowment institutions. With projects currently under design and development valued at approximately AED 2.18 billion, this agreement represents an important long-term milestone and contributes to advancing a modern, responsible approach to real estate endowments.
Awqaf Dubai continues to play a pioneering role in redefining the concept of endowments in the region by introducing innovative and inclusive channels for charitable contribution. Through its forward-thinking approach, the Foundation enables individuals and institutions to contribute in diverse ways, strengthening community participation and ensuring the sustainability of charitable impact.
JAD Global’s approach to development is rooted in holistic wellness, ensuring that investors, end users, and residents experience balance across body, mind, soul, and long-term financial well-being. In this context, the collaboration with Awqaf Dubai offers a meaningful pathway to create value with purpose — enabling individuals to invest, live, and contribute to the wider community with a sense of responsibility and peace of mind.
News Source: JAD Global Media
