Dubai Holding has entered into a strategic agreement with Select Group to develop two major projects in Dubai – one at the iconic Palm Jebel Ali and another at Dubai Design District (d3). This milestone collaboration aims to redefine luxury living and creative urban spaces in the emirate.
The partnership marks Dubai Holding’s first strategic land sale to a third-party developer at Palm Jebel Ali, demonstrating its commitment to unlocking long-term value across its master developments. Through this agreement, Select Group, alongside its joint venture partner Emirates Strategic Investments Company (ESIC), will create large-scale projects that elevate Dubai’s global standing as a premier lifestyle and investment hub.
At Palm Jebel Ali, Select Group plans to develop a high-end residential and hospitality destination that will set new standards for luxury waterfront living. Spanning seven islands with 16 fronds and over 90 kilometres of beachfront, Palm Jebel Ali is envisioned as a world-class coastal community aligning with the Dubai 2040 Urban Master Plan.
Meanwhile, the development at d3 will focus on creating a dynamic mixed-use community that seamlessly blends culture, creativity, and contemporary urban living. As a globally recognised creative hub with views of Burj Khalifa, d3 cements Dubai’s status as the Middle East’s first UNESCO Creative City of Design.
Commenting on the partnership, Khalid Al Malik, CEO of Dubai Holding Real Estate, said:
“Palm Jebel Ali is set to elevate Dubai’s reputation as a leading waterfront destination. By collaborating with Select Group, we are delivering on the leadership’s vision to create extraordinary residential and hospitality experiences that reinforce Dubai’s status as a globally renowned city.”
Rahail Aslam, Chairman of Select Group, added:
“This acquisition is a major step in our strategy to deliver exceptional developments in key growth areas. We are excited about these projects, which align perfectly with our ethos of quality, sophistication, and creating long-term value.”
Select Group has an established reputation for delivering premium developments, with a portfolio that includes Six Senses Residences The Palm, Peninsula in Business Bay, and Six Senses Residences Dubai Marina. This latest agreement signals the group’s continued focus on high-impact, design-led projects that cater to the evolving needs of global investors and residents seeking immersive, future-ready communities.
Design and planning for both Palm Jebel Ali and d3 projects are already underway. Further details on their concepts and launch timelines are expected to be announced in the coming months, as Dubai continues its trajectory of ambitious urban expansion under the Dubai Economic Agenda D33.
