VOICE FROM THE TOP
Real Estate: The Cornerstone of Dubai Investments’ Legacy and Growth
It is an appropriate time to celebrate the Group’s accomplishments and set sights on the future. At Dubai Investments, real estate continues to play a significant role in the Group’s success, contributing over 71% of the Group’s total assets. The sector remains central to the Group’s journey, driving innovation, sustainability and value creation across the UAE and beyond.
From iconic flagship projects to bold new developments, Dubai Investments is redefining the real estate landscape. The Group’s portfolio reflects a unique blend of mixed-use communities, commercial hubs, retail spaces, office towers, warehouses and strategically located land banks. These developments are thoughtfully designed to address the evolving needs of the residents, investors and businesses – creating spaces that not only add tangible value but also enrich the economic and social fabric of the regions being served.
Looking ahead, the Group is preparing over 1,000 new units to enter the market in 2025. This milestone highlights Dubai Investments’ foresight in anticipating market demand while delivering sustainable, lifestyle-focused projects that align with the future of urban living.
With a footprint spanning almost every emirate and a robust pipeline of expansion opportunities, Dubai Investments is well-positioned to capitalize on its expertise, land assets and market foresight. The Group’s vision is clear: to remain at the forefront of real estate developments by delivering future-ready, integrated communities where people live, work and thrive for generations to come.
As we move forward, Dubai Investments remains committed to shaping spaces that stand as enduring symbols of progress, opportunity and growth. Together, we will continue to build a legacy that transforms communities, inspires innovation and drives sustainable development for years to come.
Wishing you all continued success and a prosperous new year ahead!
Khalid Bin Kalban
Vice Chairman and CEO, Dubai Investments
INSIGHTFUL STORIES
Building a Legacy for Tomorrow
As the dedicated real estate arm of Dubai Investments, Dubai Investment Real Estate (DIR) has not only adapted to market changes but has consistently led the way, delivering developments that reflect innovation, sustainability, and long-term value.
At DIR, every project is designed with a clear purpose: to create spaces that seamlessly combine functionality, aesthetic appeal, and enduring quality. Whether it’s premium residential towers, dynamic urban hubs, or luxury coastal communities, DIR’s diverse portfolio highlights Dubai Investments’ unwavering commitment to enhancing the urban living experience.
A standout example is Danah Bay—with the first phase already 82% complete, the project is on track for phased handovers starting in Q1 2025, further underscoring DIR’s ability to deliver landmark projects that redefine coastal living.
Closer to the heart of Dubai, Violet Tower in Jumeirah Village Circle reflects DIR’s focus on future-ready urban developments. Designed to cater to the needs of Dubai’s dynamic communities, this residential project is progressing steadily, with completion targeted for Q4 2026. The standalone tower in Bur Dubai brings modern living to one of the city’s most iconic neighborhoods, blending connectivity, convenience, and comfort for residents in a prime urban location.
Looking ahead, DIR is entering an exciting new phase of growth with Mirdif Hills - Asayel, a carefully planned extension of the successful Mirdif Hills development. Featuring 190 residential units, this project is set to build on the legacy of integrated, community-centric living. In addition, DIR is gearing up to announce several new projects in 2025, reinforcing its commitment to delivering lifestyle-focused, sustainable developments that align with the evolving market demands.
Obaid Salami
General Manager, Dubai Investment Real Estate
BUSINESS SPOTLIGHTS
- ALL
- NEWS HIGHLIGHTS
- AWARDS & ACHIEVEMENTS
- WELL-BEING & DEVELOPMENT CORNER
- GREEN HUB
Dubai Investments reported AED 650.51 million net profit for the nine months ended September 30, 2024
Abdulaziz Bin Yagub AlSerkal, CEO of the Industrial Platform at Dubai Investments, shared key insights at the Dubai Business Forum UK, highlighting Dubai Investments' role in attracting investments, and driving sustainable development
Dubai Investments Park participated and led the way in sustainability as the Sustainable Development Sponsor for Big 5 Global 2024
Dubai Investments Park installed new lighting poles across five locations in DIP 1 and DIP 2, enhancing visibility and ensuring safety and comfort for residents and visitors.
Mohammed Saeed Al Raqbani visited Cadmus International School in New Cairo Capital and reviewed progress on schools under Africa Crest Education. He also met with key officials to discuss developments and future plans.
Mohammed Saeed Al Raqbani, GM of Dubai Investments Industries and Masharie, represented Dubai Investments on MoIAT’s panel, sharing insights on advancing UAE’s industrial growth, innovation, and sustainability for a resilient future-ready national industry.
Mohammed Saeed Al Raqbani, GM of Dubai Investments Industries also met with Ahmed Mohamed Abdel Razek, Head of the New Administrative Capital Authority, and Johnny Harb, Director of the Board at Africa Crest, to review developments of the upcoming school in Al Bourouj, Egypt.
Mohammed Saeed Al Raqbani, GM of Dubai Investments Industries and Masharie, and Chairman of Africa Crest for Investment New Cairo Capital, and Al Bouroug, attended the Cadmus Egypt Annual Dinner with the presence of Carl Bistany, Chairman of SABIS, and Johnny Harb, Director of the Board at Africa Crest for Investment.
Khalid Bin Kalban met with Angolan President João Lourenço and discussed DIP Angola, highlighting its regional value and exploring collaborative opportunities for its execution.
Khalid Bin Kalban, Vice Chairman & CEO of Dubai Investments, and Eng. Manuel Homem, Governor of Luanda Province, explored key investment sites, reinforcing the Company’s commitment to fostering partnerships and driving Angola’s economic growth.
DIP Angola garnered significant interest from investors in Lisbon, presenting the project as a gateway for international investments and sustainable growth.
DIP Angola showcased its visionary mixed-use project at Angola Oil & Gas 2024
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, held a meeting with Armando Manuel, Chairman of the Sovereign Wealth Fund of Angola, along with Omar Mesmar and Ziad Yazbeck and discussed Dubai Investments' commitment to fostering strategic collaborations and exploring global growth opportunities
DIP Angola's infrastructure marked steady progress with main roads set for completion by January 2025
DIP Angola participated with the Angola Saudi Arabia Chamber of Commerce to showcase DIP Angola project, strengthening trade ties and fostering new investment opportunities
Emirates Glass enhanced landmark projects like IL Primo, Imperial Avenue, and Al Dar Square with innovative glazing and sustainable glass solutions, setting new standards in safety, energy efficiency, and design excellence
Emirates Glass showcased its advanced fire-rated systems at the International Experts Forum in Dubai demonstrating its commitment to fire safety innovation
Emirates Glass revolutionized glass printing with the introduction of the Tecglass Vitro Jet FS, enabling high-performance printing for architectural projects
Emirates Glass hosted the Architects Club for a training session that highlighted innovative glass solutions and advanced coating technologies
Emirates Glass introduced Emifire, a revolutionary fire-rated glazing system offering up to EW120 minutes of safety, setting new industry standards
Emirates Glass participated in ADIPEC 2024, held in Abu Dhabi, showcasing innovative glass technologies that support sustainability and renewable energy initiatives
Emicool's Oracle Utilities Customer Cloud Service System (OUCCS) went live, marking a milestone in operational efficiency and customer experience
Emicool partnered with Quant Gulf to Launch AI-Driven Predictive Maintenance for Enhanced Cooling Efficiency
Market Mall has opened after renovation
Market Mall announced the opening of Orgado – a store offering a wide selection of natural, GMO-free food, self-care, and cleaning products to promote a healthier lifestyle
Emirates Building Systems fabricated and delivered heavy structural columns, each weighing over 35 tons, for the Aircraft Hangar Project in Abu Dhabi
EBS supplied steel structure for the iconic Al Habtoor Tower in Dubai highlighting its expertise and commitment to delivering high-quality solutions
EBS successfully completed a 60,000 m² fast-track project in the Red Sea, KSA, involving design, fabrication, fireproofing solutions, and the supply and installation of steel structures for the Catering and Laundry buildings
EBS participated at Big 5 Global, Dubai and highlighted its expertise and met with relevant stakeholders
EBS secured a new project to design, fabricate, and supply steel structures for a 35,000 m² logistics warehouse in Jebel Ali, Dubai
EFG hosted Al Tasnim Group’s General Manager - Kanhaiya Deshpande, highlighting state-of-the-art operations during his visit
EFG showcased its dedication to sustainability by hosting ADDC’s 5th Energy Efficiency Club Program
EFG participated in Glasstec 2024, Düsseldorf, Germany showcasing its latest innovations and commitment to excellence
EFG partnered with local partner APT and teamed up at ZAK India 2024, showcasing industry-leading glass innovations
Globalpharma implemented the new Chemwatch Software to streamline the preparation of Control of Substances Hazardous to Health (COSHH)
Globalpharma installed three dedicated dust collector units in the Penicillin Plant's granulation, tablet compression, and capsule filling areas.
Globalpharma publishes its 6th edition of GMP Trend Bulletin in September 2024 covering the latest pharma news, topics, and guideline update from Quality across the Globe
Globalpharma grew by 18% in the UAE and 44% in KSA (MAT Sept), with a 13.3% market share increase in the UAE. It ranked #1 in the UAE and #5 in KSA.
The Economic Section at the U.S. Consulate-Dubai visited Globalpharma for an introductory meeting with delegates from the Advanced Research Projects Agency for Health (ARPA-H), a U.S. Department of Health and Human Services agency.
Dr. Basem Al Barahmeh, GM of Globalpharma, spoke at the 17th Verona Eurasian Economic Forum in Ras Al Khaimah, representing the pharma industry and highlighting the role of digitalization in the sector.
Globalpharma announced the new registration of Emilok 40 mg, used primarily for the treatment of high blood pressure (hypertension) and heart-related conditions, in Oman, further expanding its regional presence
Globalpharma submitted 41 dossiers for new registrations across various markets, demonstrating its commitment to expanding its product portfolio globally.
Globalpharma participated in round table discussions led by expert doctors in Dubai and hosted sessions that strengthened its customer engagement and commitment to healthcare professionals.
Globalpharma’s leadership team explored the Lumina Spark framework on November 25, 2024, fostering self-awareness, celebrating strengths, and enhancing collaboration to align with the company’s future goals.
Techsource successfully launched the E-Signature system at DI, revolutionizing document signing with a faster, paperless, and more efficient workflow.
Techsource successfully supported Emirates Glass in transitioning from Oracle EBS to Oracle Cloud, enhancing operational efficiency
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, was ranked among top 10 in Forbes Middle East’s 2024 Sustainability Leaders for his regional sustainability contributions.
Dubai Investments declared the winner of the Leading Real Estate Investment Company – Middle East, 2024 at the prestigious Global Brand Frontier Awards 2024
Ratika Singh and Piyush Jhanwar from Dubai Investments completed HSBC Sustainable Accelerator 2024 six-month programme which provided training on ESG Reporting, Stakeholder Engagement, understanding and determining Materiality, climate reporting and calculating carbon footprints.
Emicool earned Great Place To Work for third year in a row and was also ranked 93rd among the Best Places to Work in Asia, highlighting its commitment to creating a positive and empowering workplace
Emicool won the UAE Technology Excellence Award 2024, celebrating its commitment to innovation and sustainability in the utilities sector
Emicool won Silver for Best Water & Waste Management at the Gulf Sustainability Awards 2024, recognizing its efforts in sustainable practices
Emicool secured 1st place at the Emirates Labour Market Award 2024, celebrating its commitment to excellence in workforce development
EFG applauded IT Manager AbdulAzeem Baqar Mohammed for his Outstanding Award at Cloud Connect 2024, exemplifying tech leadership
EFG recognized for innovation with the prestigious 'Digital Transformation Achievement' award at Cyber AI Summit 2024
The Dubai Investments 30X30 Step Challenge witnessed participation by 96 employees who walked a total of 23.46 million steps, covering a distance of 17,379 kms.
Dubai Investments and its subsidiaries organized UAE’s 53rd National Day celebration for its employees to express their gratitude and appreciation.
Dubai Investments and its subsidiaries honored Breast Cancer Awareness month. Dubai Investments and Emicool marked Breast Cancer Awareness Month with an event focused on promoting early detection where the employees had the opportunity to benefit from free screenings provided by the Pink Caravan team and attended workshops on healthy nutrition to support prevention.
Dubai Investments and Subsidiaries honored the UAE Flag by commemorating the UAE Flag Day
Dubai Investments joined forces with Emirates Red Crescent for the "UAE Stands with Lebanon" campaign, helping provide emergency relief to support the people of Lebanon during the war.
Dubai Investments’ Group HR Department hosted a workshop on ‘Learning Interview Techniques,’ focusing on innovative strategies for hiring the right talent for the right roles
Dubai Investments Group HR conducted a session on Empowering Service Excellence which focused on enhancing communication, building loyalty, and driving customer satisfaction through strategic training initiatives.
Dubai Investments’ Group HR held a 2-day training for executive managers on “Transactional to Strategic Mindset,” focusing on strategic thinking approaches and essential leadership skills.
Emirates Glass conducted its fourth annual flu vaccination campaign, reinforcing its commitment to employee health and wellness
Emirates Glass organized a team-building trip to Turkey, providing employees with an enriching experience to strengthen collaboration and morale
Emicool promoted a culture of belonging with Diversity & Inclusion training, celebrating individuality and diversity
Emicool empowered employees with essential first aid skills, enhancing workplace safety and preparedness
Emicool delivered ISO training, strengthening employee knowledge and ensuring compliance with industry standards
Globalpharma conducted a safety awareness program to reinforce the commitment of employees to prioritize safety in their daily activities and promote a strong safety culture.
Globalpharma participated in the 2024 HSE MENA Summit in Abu Dhabi, focusing on skill elevation and driving impactful advancements in HSE.
Globalpharma strengthened its HSE culture by implementing a reporting system for employee health, safety, and environmental concerns.
Globalpharma concluded a 4-day training program for its emerging leaders, covering personal branding, coaching, emotional intelligence, and high-performance teams.
Globalpharma arranged sustainability training for its employees, focusing on the environmental, social, and economic aspects of sustainability.
Globalpharma organized a health check-up for its employees, demonstrating its commitment to promoting workplace wellness and ensuring the well-being of its workforce.
Globalpharma hosted a breast cancer awareness session in collaboration with King's College Hospital, led by Dr. Millicent Bello.
The Market Mall's Secret Santa Campaign brought the holiday spirit to life with exclusive offers and savings of up to 50% from participating stores.
PID Owners Association hosted a heartwarming movie night for the residents at the East and West Master Communities of Green Community, DIP.
PID Owners Association celebrated Eid Al Etihad at East & West Master Community of Green Community, DIP with exciting performances by an Oud player, Tanoura dancer, and a Falcon display.
Dubai Investments marked International E-Waste Day by encouraging employees and the community to responsibly dispose off electronic waste—small steps towards a greener planet.
Dubai Investments planted 100 more Ghaf trees, continuing the commitment to sustainability and a greener future.
MARKETING BUZZ
Globalpharma highlighted the promising outlook for the pharmaceutical market in the UAE
In an interview with Khaleej Times, Basem Al Barahmeh, General Manager of Globalpharma, highlighted the promising outlook for the pharmaceutical market in the UAE, citing government commitment, a growing population, and increasing healthcare needs as key drivers.
Saif Al Serkal discussed how REITs have become an attractive investment option
The interview with Saif Al Serkal, Head of Business Development, Al Mal Capital explored the evolution and growing popularity of Real Estate Investment Trusts (REITs) in the UAE market. Al Serkal discussed how REITs have become an attractive investment option for both institutional and retail investors due to their potential for stable returns and portfolio diversification.
Sanjay Vig shared Al Mal Capital REIT’s ambitious goal of tripling its assets
Dubai-listed Al Mal Capital REIT (AMCREIT) is seeking regulatory approval to open up to 30% foreign ownership as it aims to significantly expand its assets. In an interview, Managing Director Sanjay Vig shared Al Mal Capital REIT’s ambitious goal of tripling its assets from AED 1 billion ($272 million) to AED 3 billion over the next few years, with plans to acquire six or seven new properties, starting with two healthcare acquisitions in 2025.
MARKET PULSE
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