Global Partners Limited and Mirage Leisure and Development have signed an agreement to deliver a prestigious mixed-use lifestyle development in Dubai Healthcare City Phase 2.
Currently in design stage, the project is scheduled to break ground in the first quarter of 2026, with final completion anticipated in the final quarter of 2029. It will have a gross floor area (GFA) of 172,000 sqm, and feature a blend of branded residences, residential apartments, and retail units.
Dubai Healthcare City expansion
Part of the Al Jaddaf community, it will overlook the scenic Dubai Creek, and Dubai Downtown. It is also adjacent to the Swiss Scientific International School, one of the most prominent schools in Dubai.
Global Partners is a DFSA-regulated alternative investment manager headquartered in Dubai, while Mirage Leisure is an experienced development management company that has created landmark projects in 22 locations worldwide. Among their notable projects are Madinat Jumeirah, The St. Regis Saadiyat Island, Bab Al Shams Resort, One&Only Royal Mirage, One&Only The Palm, several Address hotels and Dubai Opera, among others.
Amar Tahilani, CEO of Mirage, commented: “This collaboration with Global Partners marks a significant milestone for Mirage as we continue to expand our footprint in Dubai’s evolving real estate landscape. This development aligns with our commitment to creating future-ready urban environments that blend luxury and convenience.
“With its prime location in Dubai Healthcare City Phase 2, this project will set new benchmarks in mixed-use development, offering an elevated experience for residents and visitors alike.”
Bader Saeed Hareb, Managing Partner of Global Partners and Executive Chairman of Global Partners Property Fund II, added: “As value-add investment managers offering our investors access to unique projects and opportunities with attractive returns, it is important that we ensure delivering unprecedented quality in our developments.
“Our appointment of Mirage is a testament to this commitment, and we are confident that they will bring the best of their experience to the delivery of this exceptional development.”
With offices in Dubai and Zurich, Global Partners currently manages over $1.4 billion in sellable real estate assets under management on behalf of global institutional investors from North America, Europe, Asia, and the Middle East. Its inaugural funds have raised over $550 million, realising landmark projects such as Eden House The Canal and Eden House The Park alongside the Dubai Water Canal.
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