Mirage Leisure to Develop Landmark Mixed-Use Community in Dubai Healthcare City Phase 2

Global Partners Limited has taken a major step in reshaping urban living in Dubai. The company has signed a Letter of Agreement (LOA) with Mirage Leisure and Development. This partnership will bring a luxury mixed-use development to Dubai Healthcare City Phase 2. Spanning an expansive 172,000 sqm (over 1.85 million sq. ft.), this project will feature branded residences, residential apartments, and retail spaces, bringing a new level of sophistication to the dynamic Al Jaddaf community.

Project Overview and Key Features

As part of the $350 million (AED 1.3 billion) Global Partners Property Fund II, this development will be a cornerstone investment in Dubai’s flourishing real estate sector. Mirage Leisure will lead the project's development management and ensure its successful delivery.

Located in Dubai Healthcare City Phase 2, the development boasts a prime location overlooking Dubai Creek and Downtown Dubai. It is also strategically placed next to the Swiss Scientific International School, making it a desirable address for families.

As Mirage Leisure takes on the development of this ambitious mixed-use community in Dubai, the company brings its vast expertise, having overseen projects in 22 global locations. This venture will redefine luxury mixed-use developments by integrating residential, commercial, and lifestyle components into one dynamic ecosystem.

Groundbreaking and Completion Timeline

Currently in the design phase, this Dubai Healthcare City Phase 2 mixed-use development is set to break ground in Q1 2026, with an anticipated completion in Q4 2029. Upon completion, it is expected to set new benchmarks in luxury mixed-use developments in Dubai.

Key Figures Speak on the Partnership

Amar Tahilani, CEO of Mirage Leisure and Development, expressed excitement over the collaboration:

“This partnership with Global Partners represents a significant milestone as we continue to expand our presence in Dubai. This project aligns with our vision of creating future-ready urban spaces that seamlessly blend luxury and convenience.”

Bader Saeed Hareb, Managing Partner of Global Partners and Executive Chairman of Global Partners Property Fund II, commented:

“We are committed to offering our investors exclusive opportunities with high potential returns. Our collaboration with Mirage Leisure and Development for this project is a testament to that commitment. Their expertise in delivering high-end developments globally ensures that this project will be executed to the highest standards.”

The project represents a key addition to Global Partners real estate investments, further solidifying their position as a premier investment manager in Dubai’s real estate landscape.