Aldar and Dubai Holding Plan New Dubai Projects Worth AED38 Billion With 14,000 New Homes
Image used for illustrative purpose. Photo: WAM
Dubai real estate is set to grow again as Aldar and Dubai Holding expand their joint project with new developments worth more than AED38 billion. The two companies will build nearly 14,000 new homes across two big locations in Dubai.
The partnership between Aldar and Dubai Holding first started in 2023. Since then, both companies have launched several successful communities in Dubai, including Haven, Athlon, and The Wilds. The new expansion is another big step in Dubai’s property market and future city plans.
The first new project will be built on a large land area along Dubai’s eastern growth corridor, opposite Nad Al Sheba. The community will be designed for families and active lifestyles. It will include apartments, townhouses, and villas. The total land area is about 4 million square meters. The project is expected to launch in 2026.
The second project will be located at Palm Jebel Ali. This development will focus on ultra-luxury waterfront homes. It will offer both branded and non-branded residences with direct beach access. The built-up area will be close to 250,000 square meters. Sales are planned to begin in 2027. Palm Jebel Ali is part of the Dubai 2040 Urban Master Plan and will include more than 90 kilometers of beachfront, making it one of the largest waterfront living areas in the world.
Under the agreement, Aldar will handle the full development process for both projects. This includes design, sales, construction, delivery, and community management.
Aldar’s CEO said the expanded partnership will help the company grow steadily in Dubai and offer more lifestyle choices for residents and investors. He noted that Dubai remains one of the most active real estate markets in the world.
Dubai Holding’s CEO said the partnership supports the Dubai 2040 Urban Master Plan and the D33 economic agenda. He explained that the company is using its land bank to create well-planned, future-ready communities. He also said strong investor demand shows confidence in Dubai’s real estate sector and its future growth.
With these new projects, Aldar’s total Dubai development pipeline now exceeds 2.3 million square meters of new floor space. Earlier phases of the joint venture saw strong sales and quick sell-outs, with many first-time buyers showing interest.
So far, total sales from the Aldar and Dubai Holding partnership have reached AED21.5 billion. Both companies say they will continue working together to support Dubai’s long-term growth, sustainability goals, and modern community living.
