Global Partners Selects DCC for Eden House The Park Project on Dubai Water Canal
DCC, renowned for delivering Dubai’s iconic landmarks, takes the lead on this premium residential project, setting a new standard for luxury living.
Global Partners Limited (GP), a DFSA-regulated institutional fund manager specializing in alternative investments, has announced the appointment of Dubai Contracting Company (DCC) as the primary contractor for Eden House The Park. This marks GP’s second major project under its flagship real estate fund, Global Partners Property Fund I (GPPFI).
Progress on Construction and Project Vision
Following the successful completion of enabling works, DCC is set to lead the construction of Eden House The Park, with an expected completion date in 2027. This exceptional residential community, situated along the picturesque Dubai Water Canal, will feature meticulously designed 1 to 4-bedroom apartments and penthouses. Offering a dynamic and walkable lifestyle, the development will be enriched with lush green spaces, premium wellness facilities, and a sophisticated contemporary aesthetic.
DCC’s Legacy of Excellence in Dubai’s Skyline
Dubai Contracting Company brings an outstanding track record in delivering high-end developments, having played a key role in iconic projects such as the Four Seasons Beach Resort and Business Hotel, Four Seasons Residences on the Dubai Canal, Rolex Tower, and City Tower 1. Renowned for its commitment to quality, precision, and innovative construction techniques, DCC is well-positioned to bring Eden House The Park to life with the highest standards of craftsmanship.
Martin Linder, Managing Partner and CEO at Global Partners, commented: “The appointment of DCC is a further step for us at Global Partners in our ongoing mission to introduce exceptional developments that emphasize build quality, lifestyle, and long-term value. This marks a significant milestone for us, with one of the best-in-class contractors in the region taking the lead on Eden House The Park alongside our development partners, H&H Development.”
Mr Abdallah Yabroudi, Chief Executive Officer at Dubai Contracting Company (DCC), also said on the occasion: “Dubai’s property investment landscape is achieving unprecedented levels of sophistication, and we are honoured to have played a key role in extending this evolution across the region for over 63 years. We are confident that our partnership on Eden House The Park with Global Partners will further elevate the quality of lifestyle experiences in one of Dubai’s most sought-after neighbourhoods on Dubai Water Canal.”
Global Partners’ Expanding Investment Portfolio
In January 2023, Global Partners successfully closed its first real estate fund, securing $212 million (AED 779 million) from investors across North America (35%), Europe (37%), and the UAE (27%). The fund’s two luxury developments, Eden House The Canal and Eden House The Park, are redefining upscale living in Dubai. Meanwhile, GP’s second fund, Global Partners Property Fund II, is set to introduce a new mixed-use community in the second phase of Dubai Healthcare City in Al Jaddaf, further solidifying its presence in the city’s real estate market.
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