(DPG) is a member of and master developer of world class destinations that support the long-term development of Dubai including Business Bay, DUBAILAND, The Walk at JBR and Culture Village. Established in October 2004, based in Dubai, United Arab Emirates.
It offers end-to-end property related services including project development, portfolio management and asset management through its business units Dubai Properties (DP) and Ejadah.
DP is responsible for developing DPG’s sales portfolio including project development, sales and customer service and handover management; it also manages the leasing portfolio across DPG’s destinations and districts, including land leases and retail and mall management. Leading asset management company Ejadah provides facilities management, property management and security solutions for the public and private sector.
Vision and values
DPG invests in its communities to improve the lives of Dubai’s residents and visitors, focusing on the creation of a broad range of quality properties in which to live, work, play and shop. DPG aspires to become the best partner in providing a reliable service through the creation of quality, value for money lifestyles, and by creating a world class organization that offers a wealth of industry knowledge and expertise.
DPG vision goes beyond bricks and mortar. They aim to enrich lives by creating and managing places for people to live, work, shop and play. That’s why, through their subsidiaries, they deliver end-to-end real estate management solutions, including sales, leasing, facilities management and security. Amenities like schools, mosques and supervised parks turn real estate into communities.
Founded on the principles of transparency, accountability, and reliability, Dubai Properties Group aspires to become the best partner in providing vibrant residential, retail and business communities. It wants to be recognised as a world class organization that delivers excellence through industry knowledge and expertise. DPG constantly seeks ways to deliver effective solutions to its clients, stakeholders, investors and business partners.
DPG recognises the significance of strong corporate governance, particularly in large diversified operations. It is committed to the highest standards of corporate governance practices and acts with discipline, integrity and professionalism, following a corporate governance framework for all its business entities. This framework has been developed after extensive benchmarking against international and local best practices, and is aligned with local regulations.
As part of its corporate governance practices, DPG has recently established a Board of Directors that includes three independent non-executive directors and two executive directors. The Board is responsible for setting long-term business strategies, overseeing implementation, ensuring the adequacy of internal controls, and strategic risk management. Audit and Risk, Executive Human Capital and Investment & Allocation committees have also been formed following the establishment of the Board.
Dubai Holding’s Management Board consists of world class specialists in their fields. His Excellency Mohammad Al Gergawi is the Chairman of Dubai Holding. He leads the development of the UAE Federal Government Strategy and oversees its overall delivery and performance. HE Mohammad AlGergawi has received numerous awards such as the Moroccan Royal Order of Merit by His Majesty King Mohammad VI of Morocco and the American Business Award.
Ahmad Bin Byat is one of Dubai’s most respected and successful corporate leaders, renowned for his business acumen and visionary leadership. As a senior figure in many of Dubai’s leading organisations, Bin Byat plays a key role in spearheading Dubai’s drive towards the creation of a knowledge-based economy.
Fadel Al Ali is the Chief Executive Officer of Dubai Holding, responsible for providing strategic and operational leadership for its company and its business entities. His is also Acting Group CEO of Dubai Properties Group. DPG’s chairman position is held by Abdulla Al Shamsi.
DPG Destinations are iconic projects in Dubai that present a diverse mix of residential, retail and commercial space, and have become places to visit in their own right. DPG liaises with its partners to ensure these well-known destinations not only drive the growth of Dubai’s leisure, entertainment, and tourism sectors, but also provide full service communities for Dubai’s growing population.
The Walk at JBR, is Dubai’s first outdoor destination by the beach, offering a wide range of shopping, dining and leisure activities, attracting over 12 million visitors in 2014. The Walk stretches across a 1.7 kilometre long avenue, and boasts over 305 retail outlets in both its ground and plaza levels, alongside more than 30 different types of international cuisine in its F&B outlets.
The Walk’s mix of retail & hospitality outlets includes designer boutiques, cafes and restaurants, 5 star hotels, supermarkets, jewellery and gifts, home furnishing, fashion and accessories, health & beauty, as well as banks and money exchange services. The Walk at JBR hosts an ongoing program of world class events and activities throughout the year to keep everyone, including children, entertained and engaged.
Business Bay is Dubai’s central business, commercial and residential area. At 80 million sq. ft., it creates a prime hub of residential space, international and local businesses, financial institutions and retail and hospitality options. It is ideally situated in the heart of Dubai, and is served by the Al Khail Road and Sheikh Zayed Road – two of Dubai’s biggest traffic arteries.
Business Bay is where some of the biggest international corporations brush shoulders with first class dining and retail options and upscale residential space for young professionals and families alike. It is Dubai’s new commercial hub, and also the city’s new residential and retail heart.
DUBAILAND was created with the purpose of becoming a key driver of Dubai’s tourism and economy, and aims to be the city’s leading leisure, entertainment, sports and residential destination. Projects within DUBAILAND® include residential areas, shopping centres, cultural hubs, wellbeing spas, and sports and entertainment venues.
Phase one is already open, with attractions like Global Village, the Autodrome in Motor City, Dubai Outlet Mall in Outlet City, and the Els Club and Cricket Stadium at Dubai Sports City. Upcoming projects include Al Barari, Dubai Lifestyle City and Dubai Country Club.
Culture Village is intended to be a world-class destination that mixes old-world elegance with a modern, sophisticated ambience. Poised to be a vibrant cultural centre of Dubai, Culture Village is planned as a mixed-use master development set along the Dubai Creek next to Garhoud Bridge.
With a waterfront promenade, commercial, retail and residential districts, open spaces, cobblestone walkways and bridges Cultural Village will create a unique destination celebrating global architectural and cultural influences. Already home to exclusive hotel developments including the Palazzo Versace, the Iris Asmar and the D1 Tower, Culture Village is poised to become one of the most unique destinations in Dubai.
Dubai Properties Group is a real estate pioneer developer. It overseas a varied development portfolio of residential, commercial, retail and hospitality projects across Dubai, creating opportunities for real estate investors and residents.
DPG has a strong pipeline of current and future projects tailored to meet the needs of real estate investors in the region, including Mudon Community and Remraam in Dubailand, Manazel Al Khor and Dubai Wharf located at Dubai Creek.
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