Real Estate & Construction

6 Major
Holdings

ICD’s portfolio companies in the real estate and construction sector continue to play a vital role of developing a variety of modern, fit for purpose, residential, and commercial architectural marvels.

Brand names such as EMAAR and ALEC are redefining real estate and construction benchmarks globally and regionally. EMAAR’s Burj Khalifa and Dubai Mall are two of the most recognised and visited sites in the world today.

Ithra Dubai, a real estate arm of ICD, was established to develop and manage strategic real estate assets. The aim of Dubai’s Deira Enrichment Project undertaken by Ithra Dubai is to revitalise Dubai’s original community centre and trading hub using a modern approach to its design and functionality while preserving Deira’s unique charm and entrepreneurial spirit.

The portfolio also consists of Dubai Integrated Economic Zones Authority which comprises of: Dubai Airport Free Zone, a dynamic business hub located at the very heart of global trade; Dubai Silicon Oasis, an integrated free zone technology park that allows people to live, work, and play; Dubai CommerCity, a leading free zone dedicated exclusively to digital commerce in the Middle East, Africa and South Asia (MEASA) region. These world-class free zones have attracted some of the most successful corporations to base their regional headquarters in the Emirate of Dubai, reinforcing Dubai’s status as a pivotal hub in the global economy.