Project FinanceData
DHG Properties completes 430-unit Dubai development at $200m
The developer delivered the Jumeirah Village Circle project within two years of commencement.
DHG Properties has completed a residential development in Jumeirah Village Circle, Dubai, comprising 430 units with a total project value of $200 million. The developer has begun welcoming residents to the completed property, which was delivered within a two-year construction timeline from commencement to handover.
Project scale and unit composition#
The development adds 430 residential units to Dubai's housing stock in the Jumeirah Village Circle district. The $200 million project value represents the total capital deployed across land acquisition, construction and finishing works. DHG Properties commenced construction two years prior to the current completion date, meeting the timeline stated at project launch. The 430 homes now entering occupancy phase represent the full scope of the residential component delivered at this location.
Delivery timeline and handover status#
The developer completed construction within the two-year period from groundbreaking to final handover. Residents are now moving into the finished units, with the handover process underway as of the completion announcement. The project reached practical completion on schedule, with no extension to the original two-year construction programme disclosed in the source material. The transition from construction phase to resident occupancy marks the project's shift from development to operational status.
Developer background and project location#
DHG Properties operates as a Dubai-based real estate developer. The completed project sits within Jumeirah Village Circle, a residential district in Dubai. The 430-unit development represents the company's delivery in that specific location, with the project now transitioning from construction to occupancy phase. The Jumeirah Village Circle district provided the site for this residential delivery.
Market context and unit delivery#
The 430 units delivered represent DHG Properties' contribution to Dubai's residential supply in the current delivery cycle. The Jumeirah Village Circle location places the development within an established residential zone. The $200 million project value and two-year timeline establish the scale and pace of this specific delivery, with the developer now operating the completed asset. The handover of 430 homes to incoming residents concludes the construction programme and begins the occupancy period for the development.
Sources1 source across 1 domain
- arabianbusiness.comArabian Business$200 million project value, 430 units, two-year delivery timeline, Jumeirah Village Circle location, Dubai-based developer, residents now moving in
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