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Dubai Investments says projects progressing in line with planned schedules

Dubai Investments says projects progressing in line with planned schedules
Construction Progress at DIR's Danah Bay Project
Dubai Investments
DIC
2.53% 3.65 0.09

Dubai – Mubasher: Dubai Investments, through its wholly owned subsidiary Dubai Investments Real Estate (DIR), continues to advance construction activity across its real estate portfolio.

The listed property developer stated that projects are progressing in line with the planned handover schedules across all its real estate projects.

Danah Bay

Delivery across the development of Danah Bay on Al Marjan Island in Ras Al Khaimah continues in line with the approved phased execution plan.

The residential tower is anticipated for completion by the first quarter (Q1) of 2027, while the hotel is expected to be completed by Q3-27.

Construction activity across both structures is progressing steadily, with the residential tower reaching 32.1% overall completion and the hotel tower achieving 24% completion.

Foundation and substructure works have been completed for both towers, with superstructure construction currently underway.

Within the same development, the villa phase which comprises 189 villas hit 100% construction completion, with partial handover completed across selected villa packages, marking a key delivery milestone.

Construction continues across the remaining components of Danah Bay, with works advancing in accordance with the project’s phased construction and handover strategy.

Violet Tower

In Dubai, Violet Tower in Jumeirah Village Circle remains on track for completion in Q4-26, in line with previously communicated timelines.

Construction activity at the residential tower has reached 57.61% completion, with works progressing steadily across the project.

Asayel Avenue

At Asayel Avenue, part of the Mirdif Hills master development, handover is expected by Q2-27.

Construction commenced in Q2-25 and has since progressed to 28.47% completion, forming part of DIR’s integrated residential community developments in Dubai.

Al Vista

Dubai Investments further said that Al Vista in Meydan is scheduled for completion in Q1-28, supporting DIR’s longer‑term delivery pipeline.

The project has completed the enabling phase, achieving 100% enabling works progress, with construction activity advancing in line with the approved project plan.

In 2025, Dubai Investments generated AED 1.53 billion worth of net profits after tax and revenue of AED 4.53 billion.