Dubai Property Fund Secures $300M for Dubai Creek Gardens Development
Gulf News
Global Partners raises $300M for next phase with Dubai Creek Gardens, featuring Marriott’s Westin and Renaissance residences.
Global Partners Advances Dubai Property Market with $300 Million Funding
Global Partners Limited, a Dubai Financial Services Authority-regulated fund manager in collaboration with H&H, has achieved a significant milestone. Its first investment vehicle, Global Partners Property Fund I (CEIC) Limited, marked a successful handover of Eden House The Canal and steady progress on Eden House The Park.
Premier Residential Developments Along Dubai Water Canal
Eden House The Canal is prominently positioned beside Dubai Water Canal, neighboring landmarks such as the Four Seasons Private Residences, emphasizing its place in Dubai’s upper-tier residential market. Eden House The Park continues this momentum, providing Jumeirah residents with upscale living in one of the emirate’s most coveted neighborhoods.
Both developments collectively carry a gross development value (GDV) exceeding AED 4 billion, comprising over 500 homes along Dubai Water Canal, an established residential corridor in Dubai. Eden House The Canal welcomed its first residents in 2026, while Eden House The Park is set for handover in September 2027. These milestones showcase the disciplined execution behind Fund I, covering everything from land acquisition to delivery.
$300 Million Raised for Fund II and Dubai Creek Gardens Project
Building on Fund I’s success, Global Partners has raised more than $300 million in equity for Global Partners Property Fund II (CEIC) Limited. This capital targets the upcoming Dubai Creek Gardens (DCG) development, secured through an off-market deal in Dubai Healthcare City (DHCC) Phase 2.
Dubai Creek Gardens enjoys a prime location overlooking Dubai Creek and neighbors prominent properties like Kempinski Residences The Creek, The Ritz-Carlton Residences, and the Swiss International Scientific School. This master-planned community emphasizes liveability, well-being, and long-term value, offering walkability, expansive green spaces, sports and recreation facilities, and waterfront access.
Collaboration with Marriott International Brings Branded Residences
Fund II includes a strategic partnership with Marriott International to introduce the first UAE Westin and Renaissance branded residences at Dubai Creek Gardens. Westin Residences focus on wellness and everyday comfort, while Renaissance Residences bring creative, cultural, and contemporary urban living concepts to the community.
Connectivity and Future-Proof Infrastructure
The masterplan promises exceptional connectivity with nearby Metro stations on the Green Line and planned Blue Line, plus the upcoming high-speed rail linking Dubai and Abu Dhabi in under an hour. A planned water taxi station will bolster waterside access, connecting Dubai Creek Gardens to Dubai Creek Harbour and the wider Creek area through existing ferry and taxi routes.
What This Means for Dubai Real Estate Agents
Global Partners’ latest funding round and the Dubai Creek Gardens project underscore growing demand for premium, branded residential communities with strong location advantages and integrated lifestyles. For agents, this signals fresh opportunities to market distinctive properties backed by reputable international brands, appealing to both local and international buyers prioritizing well-connected, lifestyle-focused developments in Dubai.
Based on reporting from Gulf News. Summary and analysis by Propilot AI.
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