Staff Report
Dubai, UAE
Global Partners Limited (GP), a DFSA-regulated institutional fund manager specialising in alternative investments, has appointed Dubai Contracting Company (DCC) as the main contractor for Eden House The Park, its highly anticipated second project under Global Partners Property Fund I (GPPFI).
With enabling works now completed at the project site, DCC will lead the delivery of construction on Eden House The Park, which is expected to be delivered in 2027. This community offers one- to four-bedroom apartments and penthouses, set within a walkable environment along the Dubai Water Canal. It features lush green spaces, wellness facilities, and a refined, contemporary living experience.
Martin Linder, Managing Partner and CEO at Global Partners, said, “The appointment of DCC is a further step for us at Global Partners in our ongoing mission to introduce exceptional developments that emphasize build quality, lifestyle, and long-term value. This marks a significant milestone for us, with one of the best-in-class contractors in the region taking the lead on Eden House The Park alongside our development partners, H&H Development.”
DCC has previously worked for some of Dubai’s iconic landmarks, such as Four Seasons Beach Resort and Business Hotel, Four Seasons Residences on the Dubai Canal, Rolex Tower, and City Tower 1.
Mr Abdallah Yabroudi, Chief Executive Officer at Dubai Contracting Company (DCC), said, “Dubai’s property investment landscape is achieving unprecedented levels of sophistication, and we are honoured to have played a key role in extending this evolution across the region for over 63 years. We are confident that our partnership on Eden House The Park with Global Partners will further elevate the quality of lifestyle experiences in one of Dubai’s most sought-after neighbourhoods on Dubai Water Canal.”
Global Partners closed its first property fund, comprising Eden House The Canal and Eden House The Park, in January 2023 after raising US$212 million (Dh779 million), with 35 percent originating from North America, 37 percent from Europe, and 27 percent from the UAE. Meanwhile, Global Partners’ second fund, Global Partners Property Fund II, has announced the development of a mixed-use community in the second phase of Dubai Healthcare City in Al Jaddaf.
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