Abu Alnaga Development, a leading UAE property developer, has expanded its land holdings in Dubai, aiming to support upcoming residential and commercial projects in line with the emirate’s urban development and sustainability plans.
Strategic land acquisitions
The developer recently acquired land in key locations including Al Jaddaf, Meydan Horizon, Al Furjan, Dubailand, and Dubai Production City. The move strengthens the company’s capacity to launch new projects designed to meet Dubai’s evolving urban landscape.
“These expansions come at a time when Dubai continues to solidify its position as one of the world’s fastest-growing cities. The advanced investment environment and modern infrastructure provide a strong incentive to continue developing high-quality projects that reflect the emirate’s future vision,” said Mohamed Abu Alnaga, CEO of Abu Alnaga Development.
He added: “The selection of the new sites followed a thorough study of the opportunities available in Dubai’s real estate market, which continues to grow, supported by stimulating government policies, integrated urban planning, and improved demand across various sectors. The expansion of our land portfolio reflects our confidence in the market’s strength and its ability to accommodate new projects according to the highest development standards.”
Focus on sustainable development
Abu Alnaga emphasized the company’s commitment to global best practices and sustainable urban development, aligning its projects with Dubai’s strategy to maintain its position as a global leader in innovation and city planning. He noted that real estate investments in Dubai offer stable returns and long-term growth prospects, supported by attractive regulations and advanced infrastructure.
According to Dubai real estate research firms, the average gross rental yield in the emirate stands at 7.4%, with some luxury communities reaching up to 9.4%. Certain areas have recorded investment returns exceeding 11%, highlighting the potential for long-term growth within a secure economic environment.
The Dubai Land Department (DLD) reported that land sales in the first ten months of 2025 reached Dhs 230.4bn across 22,830 transactions, up 18.4% from Dhs 194.5bn in 18,737 transactions during the same period in 2024. These figures indicate sustained investor confidence and the growing potential for new projects in Dubai.
Outlook for future projects
Abu Alnaga noted that the emirate’s advanced infrastructure, supportive government policies, and integrated urban planning make Dubai an attractive destination for land ownership and development.
“This intense activity in land sales is a clear indicator of a new wave of development projects expected to be launched soon, reflecting the market’s dynamism and continued growth. Dubai remains an ideal destination for real estate opportunities, and the momentum of demand is ongoing and expected to extend in the long term, making land ownership or investment in residential and commercial projects a promising strategic option for a sustainable future,” he concluded.
tanvir@dubainewsweek.com
