"Dubai Holding" and"Celtic Group" They collaborate to develop projects in the palm tree Jabal Ali and Dubai Design District
Dubai on July 1/ WAM/ Dubai Holding and Celtic Group, the multidisciplinary group in the fields of real estate development and investment, announced the signing of a strategic agreement in partnership with the Emirates Strategic Investment Company to develop distinguished real estate projects in both “Nakhla Jebel Ali” and “Dubai Design”.
This agreement is the first strategic deal to sell a land concluded by “Dubai Holding” with an independent real estate developer in “Palm Jebel Ali”, which reflects its continuous commitment to creating a long -term value through its international development projects.
This cooperation is in line with a common vision between the two parties to develop vital societies that enhance Dubai’s position, a global favorite destination for living, work and investment.
“Celtic Group” develops two main projects that would make a qualitative shift in the urban scene in the emirate
In “Palm Jebel Ali”, luxury housing and hotel units will be established, while a multi -use project will be developed in the Dubai Design District, which combines culture, innovation and modern urban life, in one of the most prominent creative destinations in Dubai.
Khaled Al -Malik, CEO of Dubai Holding Real Estate, said that the Palm Jebel Ali project is one of the most prominent development projects that contribute to the consolidation of Dubai’s position as a global destination to live on the waterfront, and through our partnership with “Celtic Group”, we contribute to achieving the vision of rational leadership towards developing integrated marine destinations that elevate the standards of housing and luxury hospitality.
He added that this partnership reflects our continuous commitment to strengthening Dubai’s position as a global destination for modern life and sustainable investment.
For his part, Rahil Aslam, Chairman of the Celtic Group, said that Dubai continues to confirm its global destination for investment, innovation and the distinguished lifestyle, describing the agreement as an important step in the context of their efforts to develop qualitative projects among the most prominent areas of growth in the emirate.
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