Drake & Scull Ventures into Dubai Real Estate Market with New Project
Deal News | Jul 07, 2025 | Zawya
Dubai-based contractor Drake and Scull International (DSI) has made a strategic move into the Dubai real estate market by acquiring a land plot in the Majan master development. The company plans to spearhead a mixed-use commercial project, retaining full ownership from conception through to final completion. The development encompasses over 156,000 square feet of total built-up area, including significant allocations for retail and office spaces. The design and supervision will be overseen by Bel-Yoahah Architectural and Engineering Consultants. DSI is currently in the process of obtaining necessary approvals to start construction, aiming for completion by the end of 2026. However, financial details of the project have not been disclosed.
Sectors
- Real Estate Development
- Construction
Geography
- United Arab Emirates – The project is located in Dubai, which is part of the UAE, highlighting the geographic relevance.
- Dubai – The project will take place in the Majan master development in Dubai, making it a central focus of the article.
Industry
- Real Estate Development – The article discusses DSI's acquisition of land and plans for a mixed-use commercial project, which falls under real estate development.
- Construction – DSI is primarily a contractor overseeing the entire development process from concept to completion, including construction activities.
Financials
- Not Disclosed – No financial details of the project were given in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Drake & Scull International (DSI) | Developer | Company | A Dubai-based contractor spearheading the commercial project. |
| Bel-Yoahah Architectural and Engineering Consultants | Design and Supervision | Company | Responsible for the end-to-end design and supervision of the project. |
| Dubai Financial Market | Announcement Platform | Company | The platform where DSI announced its project. |