Dubai Holding, a diversified global investment company, and Select Group, a leading multi-discipline real estate development and investment group along with its long-standing JV partner Emirates Strategic Investments Company (ESIC), have entered into a strategic agreement to develop landmark projects at two of the most iconic locations in Dubai – Palm Jebel Ali and Dubai Design District (d3).

The milestone agreement marks Dubai Holding’s first strategic land sale with a third-party developer at Palm Jebel Ali, underscoring its commitment to unlocking long-term value across its world-class master developments. This transaction reinforces a shared vision to create dynamic communities that strengthen Dubai’s position as a global destination of choice, said Select Group.

As per the deal, Select will be developing and delivering two transformative large-scale developments. At Palm Jebel Ali, the group will create upscale residential and hospitality offerings that establish new benchmarks for luxury waterfront lifestyles in this world-class destination.

Meanwhile, the d3 project will serve as a vibrant mixed-use community, seamlessly blending culture, innovation and contemporary urban living in one of Dubai's most creative hubs.

This strategic deal forms a continuation of Select Group’s deliberate expansion into high-impact, design-forward projects that meet the needs of a new generation of global residents and investors seeking immersive environments that go beyond the conventional definitions of luxury.

According to Select, the design and planning phases for both projects are underway.