Posted inREAL ESTATE

Dubai developers plan over AED 13.2 bn in investments

HRE Development is eyeing AED 10 bn in investments over the next three years

Dubai's real estate market is seeing a significant influx of investments, with HRE Development, One Development, and Kasco Developments planning a combined AED 13.2 bn in investments in residential projects throughout the emirate.

#1- HRE Development plans AED 10 bn investments: HRE Development plans to invest AED 10 bn in Dubai over the next three years, according to a press release. The developer just launched SkyHills 2 in Jumeirah Village Circle, a residential complex slated for completion in 2Q 2026, with plans to launch SkyHills 3 soon, Chairman Mohamed Hijazi confirmed.

#2- One Development introduces AI to real estate: Emirati boutique developer OneDevelopment is set to unveil the UAE’s first AI-integrated residential community, a AED 2 bn project in the City of Arabia in Dubai, according to a press release.

#3- Kasco Group’s new subsidiary, Kascco Developments, plans to invest an initial AED 1.2 bn in three projects primarily in Business Bay and Al Jaddaf, according to a press release. The developer plans to develop and sell 1 mn sq ft of residential space by 2025, with an emphasis on modern design trends and technological integration.