Al Habtoor Group launches Dh5 billion commercial tower in Dubai

Dubai-based Al Habtoor Group has announced plans to develop a new commercial tower within Al Habtoor City, committing more than Dh5 billion to the project as part of a wider expansion across the UAE. The announcement, published by Gulf News on April 9, 2026, comes as the group moves to increase its commercial capacity in Dubai and strengthen its footprint across key sectors in both Dubai and Abu Dhabi.

"The group said the development is among a series of major projects it plans to unveil this year, reflecting confidence in the UAE’s economic outlook and investment environment," Al Habtoor Group said in a statement carried by Gulf News.

The upcoming tower is expected to add significant commercial capacity to Al Habtoor City, a high-profile mixed-use destination in Dubai that combines hospitality, residential and business functions. "The upcoming tower is expected to add significant commercial capacity to Al Habtoor City, one of Dubai’s prominent mixed-use destinations, reinforcing its position as a hub for business and lifestyle developments," the report said.

Project details and strategic context

Al Habtoor Group described the development as part of its broader UAE expansion strategy. The group has indicated it will roll out multiple major projects during the year, signalling continued investment into the emirates' urban and commercial landscape.

• Developer: Al Habtoor Group
• Location: Al Habtoor City, Dubai
• Investment: More than Dh5 billion
• Scope: New commercial tower to expand commercial capacity
• Geographic focus: Dubai and Abu Dhabi, as part of wider UAE expansion

The Gulf News item emphasizes that the project "forms part of the group’s broader expansion strategy in the UAE, as it continues to strengthen its footprint in key sectors across Dubai and Abu Dhabi." That language underlines a dual-city focus for the group’s pipeline of developments and business activity.

Al Habtoor City, already known for its mix of hotels, residences and entertainment assets, will see its commercial offering extended by the new tower. Developers and municipal stakeholders in Dubai have in recent years encouraged mixed-use projects that integrate office, retail and leisure, and Al Habtoor’s latest investment follows that model.

Outlook

Looking ahead, Al Habtoor Group framed the expansion as aligned with longer-term objectives. "The expansion aligns with long-term growth plans, aimed at supporting the country’s urban development and attracting further business activity to the region," the report noted.

The Dh5 billion allocation for the new tower positions Al Habtoor Group among the larger private investors advancing Dubai’s commercial skyline this year. The company has said it will continue unveiling projects across the UAE, signalling ongoing capital deployment into the property and commercial sectors through 2026.