AMWAJ Development, OCTA Properties Announce Collaboration

The two real estate firms join hands for a new luxury Meydan project

AMWAJ Development, a real estate developer known for crafting innovative and high-quality communities, and OCTA Properties, a leading UAE real estate development management company, have announced an official collaboration for a luxurious new project in Meydan’s District 11, which will be Dubai’s first-ever low-rise, lagoon-facing development. An official signing ceremony took place at OCTA’s headquarters to formalise the partnership.

The new five-floor project features elegant one- and two-bedroom apartments and will boast exclusive amenities for residents such as top retail spots, chic cafés and much more. It will also feature a luxurious roof terrace and swimming pool with spectacular views facing the lagoon. The exclusive park-facing community redefines luxury living in Dubai, offering an ultra-rare low-rise experience with unparalleled privacy and sophistication. At its heart lies a vast, crystal-clear swimmable lagoon, encircled by lush green spaces featuring scenic walking trails and tranquil spots for outdoor relaxation. This is the third project to be developed by AMWAJ Development in Meydan after the successful launches of Starlight Park and The Cube Residences.

Unique Development 

• The project will be Dubai’s first-ever low-rise, lagoon-facing development.
• The community will feature a vast swimmable lagoon, green spaces, walking trails, and relaxation areas.
• This is AMWAJ’s third project in Meydan, following the successful Starlight Park and The Cube Residences
• OCTA Properties aims to add 14 new branded projects in Dubai by mid-2025, totaling over Dh9 billion in value

Meydan has shown strong price growth and demand in recent years, making it one of the top performers for capital appreciation in the emirate. Surrounded by Dubai’s most prestigious villa communities, ensuring a high-end, refined environment, the community enjoys a prime location just minutes from Downtown, DIFC, and Dubai International Airport. Commenting on the collaboration, Murad Saleh, CEO of AMWAJ Development said: “We are thrilled to partner with OCTA Properties on this new project in Meydan. Building on our successful track record with Starlight Park and The Cube Residences, we remain deeply committed to delivering residences of the highest quality.”

Also commenting on the new partnership, Fawaz Sous, CEO of OCTA Properties said: “We are delighted to formalise this collaboration with AMWAJ Development and embark on this exciting new project in District 11 of Meydan. This partnership brings together our shared vision for creating exceptional living spaces and delivering unparalleled value to our residents and investors.”

OCTA Properties currently has 4,600 pipeline units, over 100 employees, and works with over 1,600 brokerage firms. It aims to add 14 new branded projects under management in Dubai by June 2025, with a total value of more than Dh9 billion.

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