Staff Report
Dubai, UAE
DHG Properties, the real estate development company operating within DHG Holding based in Switzerland, has unveiled its second residential project in Meydan, one of Dubai’s increasingly prominent real estate hotspots. Valued at Dh300 million, the development will offer 110 homes. The project, along with DHG’s JVC-based Helvetia Residences launched last year, brings DHG’s total gross development value to Dh1 billion within its first year of operations in the emirate.
Milos Antić, Vice Chairman of DHG Holding and CEO of DHG Properties Dubai, said, “When we officially expanded to Dubai last year, our eyes were not only set on enhancing the country’s real estate landscape through one project but rather multiple world-class developments. Having DHG now rise in Meydan reinforces our commitment. Choosing this location was a strategic choice, with the district trending upwards in recent years, showcasing both strong market demand and investor confidence. We aim to deliver unmatched Swiss quality combined with the elegance and vibrancy of Dubai, creating residences that truly resonate with both local families and international investors.”
DHG Properties’ real estate portfolio encompasses more than 2.5 million square metres and a pipeline of 1,500 residential units in development. The company remains committed to investing in the UAE as part of its long-term strategy, aligning with the nation’s visionary goals.
DHG’s latest launch aligns with Dubai’s Urban Master Plan 2040, which aims to transform the city into one of the world’s most liveable and sustainable urban centres. The plan has positioned Meydan as a central player in Dubai’s future growth by prioritising developments that enhance community living.
Dubai’s real estate sector continues to witness strong demand. In 2024, the city achieved 226,000 transactions worth Dh761 billion, exhibiting growth of 36 percent and 20 percent, respectively, which reflect the buoyancy of the market.
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Also read: DHG Properties hits 15% completion for Helvetia Residences
