Al Habtoor Group unveils Dh5 billion commercial tower in Dubai expansion push
New project to enhance business capacity within major mixed-use destination
DUBAI – Dubai’s real estate landscape is set to gain a significant addition as Al Habtoor Group has announced plans to develop a landmark commercial tower valued at more than Dh5 billion.
The project will rise within Al Habtoor City, one of the emirate’s established mixed-use destinations, located along Sheikh Zayed Road. The announcement underscores continued momentum in Dubai’s property sector, supported by strong investor sentiment and sustained economic growth.
The planned tower is expected to expand commercial capacity within Al Habtoor City, reinforcing its role as a hub that blends business, hospitality, residential and entertainment offerings. The development comes amid a wider push by the group to strengthen its footprint across key sectors in both Dubai and Abu Dhabi.
Expansion plans
The new tower marks the first in a series of developments Al Habtoor Group is preparing to unveil this year as part of its ongoing growth strategy. The company indicated that further announcements are expected in the coming months, reflecting a pipeline of projects designed to support urban development and attract increased business activity.
The expansion aligns with broader ambitions to contribute to the UAE’s evolving infrastructure landscape, with large-scale developments continuing to play a central role in shaping the country’s cities. The group’s investment highlights its long-term commitment to the domestic market and its confidence in future opportunities.
Strategic investment
Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, said the decision to proceed with the project reflects strong confidence in the UAE’s economic fundamentals. He pointed to factors such as stability, security and a resilient economy as key drivers behind the investment.
The UAE continues to position itself as a leading global destination for business and investment, offering a competitive environment supported by advanced infrastructure and investor-friendly policies. Developments of this scale are seen as reinforcing Dubai’s standing as a centre for international commerce and enterprise.
The Dh5 billion investment, equivalent to approximately $1.36 billion, comes at a time when demand for high-quality commercial spaces remains robust, driven by growing business activity and sustained global interest in the emirate’s real estate market.
Al Habtoor City
Al Habtoor City, already recognised as a prominent integrated development, combines residential towers, hotels and leisure attractions within a single urban environment. The addition of a new commercial tower is expected to further enhance its appeal, strengthening its positioning as both a lifestyle and business destination.
For more than five decades, Al Habtoor Group has played a significant role in Dubai’s development, delivering projects across real estate, hospitality and infrastructure. The latest announcement builds on that legacy, adding another major investment to the emirate’s evolving skyline.