By Saifur Rahman
Dubai Government’s asset management arm Wasl said it will develop 12,345 homes in the next phase of the Jumeirah Golf Estates with a masterplan that includes six lifestyle districts featuring a Mandarin Oriental 5-star resort, a golf course, a tennis stadium, and an international academy, all set amidst expansive green spaces and seamlessly connected by comprehensive infrastructure.
“The 4.68 million square metre expansion will add a variety of residential units across six distinctive districts, including 780 luxurious villas, 62 ultra-luxury hilltop mansions, 97 branded residences, 752 estate homes, and 10,654 apartments, totaling 12,345 new units. Spanning 1.83 million square metres, the residential units will ultimately accommodate over 51,700 residents. The new masterplan – ‘Jumeirah Golf Estates The Next Chapter’ – aligns with the Dubai 2040 Urban Master Plan and represents a strategic investment in the city’s long-term growth and livability,” the company said in a statement.
Strategically located along Sheikh Mohammed Bin Zayed Road (E311) and with direct access to the Etihad Rail station currently under construction within the project. The development will benefit from Dubai Metro access and connectivity to four major arterial roads: Sheikh Mohammed Bin Zayed Road (E311), Al Yalayis Street / Jebel Ali Al-Hibab Road (D57), Al Khail Road / Al Fay Road (E44), Al Jamayel Street (D59). Its proximity to Al Maktoum International Airport adds further logistical appeal.
The masterplan introduces 1.5 million square metres of lush green and open spaces and offers a wide range of residential types – including park-facing apartments, golf-view villas, branded residences, estate homes, and ultra-luxury hilltop mansions. A five-star Mandarin Oriental resort will anchor the hospitality offering within the community.
“The unveiling of Jumeirah Golf Estates – The Next Chapter represents a pivotal milestone for Wasl and a defining moment for the evolution of urban development in Dubai,” said Hesham Abdullah Al Qassim, Group CEO of Wasl. “Through visionary planning, sustainable design principles, and an unwavering commitment to enhancing quality of life, we are shaping the communities of tomorrow. This is the foundation upon which enduring legacies are built – communities that not only reflect today’s aspirations but also serve the needs of generations to come.”
This is the largest masterplan community launch announcement this year, that comes as the residential market shows signs of strengthening, amid concerns of softening as well. Dubai’s prime residential market continues to perform well, underpinned by Dubai’s sustained appeal for HNWIs, according to a latest report by Savills. Demand was driven by the strong quality of life proposition, a low tax environment, easy business set up costs and the strength of the Golden Visa programme. Over 1,300 units were transacted at values exceeding the Dh10 million mark in Q1 2025 — marking a 31 percent year over year (y-o-y) increase. Contrary to the wider market, villas dominated prime transactions with 73 percent of market share, recording a 52 percent y-o-y rise and a 4 percent q-o-q uptick, it said.
Andrew Cummings, Savills’ Head of Residential Agency, said, “Demand across the prime residential segment in Dubai has not simply sustained but strengthened. Amid tariff wars, geopolitical uncertainties and unpredictable tax environments, the world’s wealthy increasingly recognise Dubai’s appeal, and developers are rising to the occasion. Villas in coveted locations, space and privacy are the preferred choice but supply remains restricted for the time being.”
Looking ahead, the outlook for Dubai’s residential sector remains optimistic. Savills anticipates that amid global macroeconomic and political uncertainties, the emirate’s political stability, competitive regulatory landscape, and business friendly ecosystem are expected to support ongoing population and investment inflows. The development pipeline is however significant and necessitates a balanced approach to supply and demand.
The ready market — comprising transactions in completed and handed-over projects – made up 31 percent of total transactions in the first quarter of 2025. Apartment sales accounted for the majority of transactions at 81 percent in this segment, reflecting its dominance in Dubai’s housing stock. Looking at the market overall, apartments dominated sales activity, accounting for 76 percent of all transactions. However, the villa and townhouse segment witnessed a notable resurgence, with transactions rising from 18 percent in the previous quarter to 24 percent in Q1 2025.
Rachael Kennerley, Savills’ Director – Research, said, “In Q1 2025, off-plan sales continued as the cornerstone of transaction activity, representing 69% of all deals. The residential market witnessed robust supply, with more than 30,000 units launched during the quarter, most of which were apartments. This figure is more than double the volume recorded in the same period last year, as developers capitalised on strong market demand.”
The six new districts – Central Park, Village, Town Centre & Grand Lake, Golf Course North, Golf Course South, and Equestrian Village – will be linked by green corridors and recreational trails. A 131,850 square metres Central Park, one of Dubai’s largest within a residential community, will serve as a key destination for leisure and wellness.
The development includes over 48,000 square metres of retail and food and beverage space, a 46,000-square metre campus for an international school, healthcare centres, religious facilities, and other civic amenities designed to meet the needs of a diverse, multi-generational population. Active living is at the core of the plan, anchored by a new 18-hole golf course and academy, a world-class equestrian centre with show-jumping facilities, and what is set to be Dubai’s largest tennis stadium with capacity of over 5,000 spectators.
Jumeirah Golf Estates’ Next Chapter reflects Wasl’s broader strategy to elevate Jumeirah Golf Estates into a legacy destination – one that supports Dubai’s urban evolution while setting a new benchmark for integrated, future-ready living.
Wasl is one of the largest real estate development and management companies in the UAE and an integral part of the Dubai real estate fabric. It was established by the Dubai Real Estate Corporation (DREC) to oversee the management of its assets and grow its real estate portfolio. It operates an extensive portfolio of over 55,000 residential and commercial properties, 35+ hotels and hotel apartments, 5,500 land plots, 4 freehold master developments, and 8 golf clubs. Wasl’s commitment to delivering high-quality properties that meet the needs of a diverse range of tenants, investors, and visitors has helped establish them as a dominant force in driving socio-economic growth and contributing to the long-term prosperity of Dubai.
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Also read: Wasl launches mixed-use project Avenue Park Towers at Wasl 1
