The new projects launched by Abu Al Naga Real Estate Development, aim to offer residential units that align with the pace of modern life in Dubai.
Abu Al Naga Real Estate Begins Development on Three Key Residential Projects in Dubai
Abu Al Naga Real Estate Development has officially commenced construction on three significant residential ventures located in Dubailand, Bu Kadra (New Horizons), and Al Furjan. This bold initiative underlines the company’s strong belief in Dubai’s dynamic and progressive investment ecosystem.
“Selecting Dubai as our launchpad was a deliberate choice grounded in solid data and insights,” stated Mohamed Abu Al Naga, CEO. “The city’s transformation into a global real estate investment hub is the result of proactive legislation, consistent demand, and a high level of market transparency.”
He further remarked, “Our move is aligned with the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai — may Allah protect him — whose directives have laid the foundation for Dubai’s growth.”
Commenting on the current state of the market, the CEO observed, “Dubai’s real estate sector is undergoing a robust expansion, fuelled by the trust of global investors and the demand from diverse buyer profiles — locals, expatriates, and international investors. This unique mix positions Dubai as an exceptional choice for developers aiming to deliver premium properties at accessible prices.”
Abu Al Naga added that the new projects are designed to meet the rhythm of modern urban life in Dubai, incorporating cutting-edge design, strategic location, and superior amenities.
He shared that the company is committed to building comprehensive residential communities that provide an elevated lifestyle, catering to varied demographics across the emirate.
As part of its growth journey in the UAE market, Abu Al Naga Real Estate Development strives to become a preferred developer known for innovation, long-term vision, and quality. The focus remains on Dubai, given its strong economic trajectory and stable political climate.
Abu Al Naga reaffirmed the firm’s dedication to uncovering fresh opportunities in Dubai and delivering solutions that appeal to a new generation of property seekers focused on location, value, and sustainability.
He expressed optimism about the continued momentum of the real estate sector, citing factors such as safety, infrastructure, modern amenities, and the expansion of smart mobility systems as driving forces behind Dubai’s competitiveness on the global stage.
He also highlighted the crucial role of recent government reforms, especially the introduction of golden visas and long-term residency programs. These measures have significantly boosted Dubai’s appeal among expatriates and investors seeking career stability and long-term living options, enhancing the strength of the real estate sector.
Finally, the CEO emphasized that the partnership between the public and private sectors enables Dubai to remain a global benchmark for economic growth. This collaboration supports the broader vision of the Dubai Real Estate Strategy 2033.
The strategy aims to double the real estate sector’s contribution to the GDP to AED 73 billion, increase home ownership to 33% of the population, and raise real estate transaction volumes by 70% — ultimately pushing the sector’s total market value to AED 1 trillion.
