H J INVESTMENT W.L.L today announced the successful acquisition of a 120-unit luxury apartment block in Dubai Marina for $85 million. The property, featuring modern sea-view residences, aligns with the firm's strategy to build a high-yield residential portfolio across the GCC. This marks an early milestone in expanding our real estate holdings, with plans for value-enhancing renovations to boost rental income and capital appreciation. The acquisition underscores our commitment to disciplined, long-term asset stewardship in prime Dubai locations.
H J INVESTMENT W.L.L has been awarded a specialized management consultancy contract valued at $120 million over three years. The mandate involves strategic advisory for investment refinement, operational enhancements, and expansion planning for a prominent GCC-based developer. Leveraging our deep market insights from proprietary trading and real estate operations, we will support sustainable growth initiatives. This win highlights the strength of our advisory arm in delivering high-value, tailored solutions.
In a significant step forward, H J INVESTMENT W.L.L has partnered with a top UAE construction firm to develop a $250 million mixed-use project in Business Bay, Dubai. The development includes commercial retail spaces, residential apartments, and office components. H J leads investment and project oversight, while the partner handles construction execution. Expected completion in 2026, this project contributes to Dubai's urban landscape and generates strong income yields.
H J INVESTMENT W.L.L has successfully resold a portfolio of 180 upgraded apartments in Jumeirah Village Circle, Dubai, for $145 million, realizing substantial capital gains following value-add improvements. Originally acquired in 2022, the block benefited from renovations focused on energy efficiency and premium amenities. This transaction demonstrates our active management approach, delivering strong returns while recycling capital into new opportunities.
H J INVESTMENT W.L.L has awarded a $180 million construction contract to a renowned GCC contracting partner for a 45-storey residential tower in Downtown Dubai. The project features high-end apartments with views of iconic landmarks, targeting premium buyers and investors. This award reflects our growing pipeline in quality residential assets, with proprietary funds driving development.
H J INVESTMENT W.L.L has acquired a prime land parcel in Dubai Hills Estate for $320 million, earmarked for a large-scale mixed-use development including residential, commercial, and leisure elements. The site positions the firm to capitalize on Dubai's expanding urban growth. Development planning is underway, with partnerships for construction to follow. This bolsters our real estate portfolio amid strong regional demand.
H J INVESTMENT W.L.L, in joint venture with a leading construction company, has secured a $450 million award to develop a commercial-residential complex in Abu Dhabi. The project includes office towers, luxury apartments, and retail spaces, contributing to the emirate's infrastructure advancement. Our role encompasses investment, management, and strategic oversight, drawing on our integrated expertise.
As of early 2026, H J INVESTMENT W.L.L continues robust expansion, highlighted by the resale of an enhanced commercial-residential block in Dubai for $280 million. Combined with prior acquisitions, awards, and consultancy wins, the firm has built a diversified portfolio generating sustainable value. We remain focused on integrity-driven growth, supporting GCC economic progress through prudent investments.