Staff Report
Dubai, UAE
Refine Development Management, Dubai’s leading fully integrated development management company, has announced ambitious expansion plans for 2025 and a pipeline portfolio valued at US$12 billion (Dh44 billion) in Dubai. Several high-profile projects are scheduled for launch this year.
In Q1 and Q2, Refine will unveil prime residential projects in Meydan with a gross development value (GDV) of Dh650 million, a mixed-use luxury development in Safa Park valued at Dh8 billion and branded residences on Sheikh Zayed Road with a GDV of Dh900 million. In the latter half of the year, Q3 and Q4 will see the debut of a landmark 100-storey twin-tower lifestyle development on Sheikh Zayed Road, a project valued at Dh6 billion and set to reshape Dubai’s skyline. Additionally, the company’s pipeline includes various developments in JVC worth Dh700 million.
As part of its phased expansion plan, Refine will introduce its investment and development arm to drive land acquisition and deliver its first fully-developed project in 2025.
Thomas Wan, Managing Partner, Refine Development Management, said, “We are inspired by the incredible opportunities that Dubai’s dynamic real estate market provides. The city’s booming growth and increasing global investor interest have created a strong foundation for Refine’s expansion. As more investors look to Dubai for long-term opportunities, we’re excited to continue growing and delivering exceptional value to our clients, while contributing to the city’s bright future.”
The UAE’s real estate market continues to experience record-breaking investment and unprecedented growth, and Refine is strategically positioned to capitalise on this momentum. With a rapidly growing portfolio, diversified business lines, and its first development project on the horizon, Refine is poised for a transformative year. The company is also focusing on expansion across the UAE and GCC, delivering unparalleled opportunities for developers and investors.
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Also read: Refine ideates novel real estate solution in Dubai
