Dubai’s property market attracted fresh investments from local developers, with Reef Luxury Developments, MAG Lifestyle Development, Samana, and London Gate planning a combined AED 16.17 bn in investments in residential projects throughout the emirate.

#1- Newcomer Reef Luxury Developments is leading the charge with AED 14 bn earmarked for over 30 upcoming projects by December 2025, according to a press release. The developer is set to launch 5k residential units worth over AED 5 bn in the next three months.

#2- Real estate firm London Gate is working with Swiss luxury watchmaker Franck Muller on a AED 1.6 bn Franck Muller Vanguard Tower in Dubai Marina, according to a press release. This development will comprise 722 luxury units spread across 34 floors, with handovers scheduled for September 2027.

#3- Dubai-based real estate developer MAG Lifestyle Development is building a AED 350 mn MAG 777 tower in Dubai Sports City, according to a press release. This 22-storey project will include 261 units, with handovers planned for the end of next year. The development is currently 60% complete.

#4- Real estate developer Samana is building a AED 220 mn project in DubaiLand Residence Complex, dubbed Samana Park Meadows, according to a press release. The project, spanning 160k sq ft, is set for handover in March 2028.

REMEMBER- Samana said it is planning to invest AED 12.5 bn in new residential projects this year, with 18 projects in the pipeline. The developer has already announced several projects in Dubailand, including an AED 855 mn development and a separate 16-story residential complex.

The emirate’s property market has been red hot, with plenty of investments announced in recent weeks. Developers including HRE Development, One Development, and Kasco Developments recently revealed a combined AED 13.2 bn in investments in the emirate, while Dubai-based conglomerate Wheel of Fate’s new real estate arm pledged AED 10 bn in investments across the UAE, including several in Dubai.

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