DHG Properties, part of the Swiss real estate and construction group DHG Holding, announced the acquisition of a prime land plot on the Dubai Islands for its third residential project in Dubai.
This also marks the second major investment since the start of 2025, the company said.
DHG expands Dubai portfolio
The new development will feature approximately 100 premium apartments across 11 floors, offering modern living spaces with complimentary amenities.
The project’s value is estimated at AED 260 million, DHG Properties said.
Dubai Islands, formerly known as Palm Deira, a waterfront destination, is rapidly emerging as a premier real estate hotspot.
DHG Properties said its latest project will contribute to this dynamic landscape, offering premium Swiss-quality residences that blend contemporary design with timeless craftsmanship.
Blagoje Antic, Chairman of the Board and CEO of DHG Holding, said the third project in Dubai underscores the company’s long-term commitment to this thriving market.
“Dubai Islands is truly an exceptional location that represents the future of premium waterfront living, and we are proud to bring our Swiss heritage of over 30 years and 300 completed projects in Europe to this dynamic city,” he said.
The new acquisition follows DHG Properties’ first project, Helvetia Residences in JVC, and the recent announcement of an AED 300 million residential project in Meydan Bukadra, featuring 110 apartments.
With this expansion, DHG Properties has now reached nearly AED 1.3 billion in total development value in the emirate market, reinforcing its commitment to long-term growth and investment in the UAE, the company said.
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