Dubai Developments is an Egyptian real estate developer that started its journey in 1997. The company began in Damietta, New Damietta, and Ras El Bar before expanding into the New Administrative Capital. Today, its portfolio focuses on residential, commercial, administrative, and medical developments in key New Capital districts.
The company’s best-known projects include Capital Dubai Mall, Obsidier Tower, Lumia Residence, and Lumia Residence 2. Dubai Developments states on its official website that its portfolio reached 140 architectural projects and that its residential work exceeded 6,000 units. However, no verified public total is available for delivered units across the company, so these figures are treated as portfolio indicators rather than a confirmed delivery count.
Dubai Developments History and Foundation
Dubai Developments began in the late 1990s, specifically in 1997, starting from Damietta Governorate. The company later expanded to New Damietta and Ras El Bar, then entered the New Administrative Capital as part of its newer growth phase.
In 2021, the company launched Capital Dubai Mall as a commercial project in the New Administrative Capital. In 2022, it followed with Obsidier Tower, a commercial, administrative, and medical project in Downtown. Dubai Developments then continued its residential activity through the Lumia series, including Lumia Residence and Lumia Residence 2.
Key Projects by Dubai Developments
The company’s New Capital portfolio covers commercial, administrative, medical, and residential products, with announced cooperation with consultants, contractors, technology providers, and operating partners:
- Capital Dubai Mall — a commercial project in the New Administrative Capital serving the R7 residential catchment area. The company’s official website presents it as a built project, with handover notes connected to 2023.
- Obsidier Tower — a commercial, administrative, and medical development in the Tourist Towers area of Downtown New Capital, overlooking the Green River. Aqarmap describes the project as extending over around 3.5 acres and consisting of three connected towers, each with a ground floor and 25 floors.
- Lumia Residence — a residential project in the New Administrative Capital’s R7 district, positioned as an integrated residential community with green spaces and internal services.
- Lumia Residence 2 — a newer residential project in R8, close to the Green River and Diplomatic District, with studios, apartments, and duplexes according to specialized market pages.
Dubai Developments in Numbers
Several figures are publicly available for Dubai Developments, but they must be separated from a verified delivered-units total. The foundation year is verified through the official website, while delivered units are left blank because no exact company-wide delivered-unit figure is publicly confirmed.
| Foundation year | 1997 |
| Experience | More than 25 years in real estate according to the official website |
| Early operating areas | Damietta, New Damietta, and Ras El Bar |
| Officially referenced projects | Up to 140 architectural projects according to the official website wording |
| Residential work referenced | More than 6,000 residential units according to the official website, not a verified delivered-unit total |
| Main current areas | New Administrative Capital, Downtown, R7, and R8 |
| Delivered units | No verified public total is available for delivered units |
Vision and Development Focus
Dubai Developments focuses on projects that combine residential living with commercial and administrative investment opportunities. In the New Capital, the company uses smart-building concepts and modern operating standards, including announced cooperation with Etisalat as a technology partner in selected projects, alongside engineering consultants, contractors, and facility operators.
The company aims to create integrated destinations rather than isolated units. This is clear in Lumia Residence as a residential community, and in Obsidier Tower and Capital Dubai Mall as commercial, administrative, medical, and service-oriented investment products. This approach matches the mixed-use investment character of the New Administrative Capital.
Recent Dubai Developments Activity
The company’s official website currently highlights Lumia Residence 2 New Capital in R8, describing its location near the Green River and the Diplomatic District, with smart residential planning, landscape areas, and crystal lagoon features. Specialized market pages continue to update Lumia Residence 2 details such as unit types, spaces, and payment plans.
On the commercial and administrative side, Obsidier Tower remains one of the company’s key Downtown New Capital projects. Aqarmap lists the project with updates during 2025 and 2026 and describes it as under construction, with commercial, administrative, and medical units. Capital Dubai Mall also remains part of the company’s core New Capital portfolio and preceded the expansion into Obsidier and Lumia.
FAQ About Dubai Developments
When was Dubai Developments founded?
Dubai Developments was founded in 1997, according to the company’s official website.
What is the Arabic name of Dubai Developments?
The Arabic name is شركة دبي للتطوير العقاري, often shortened in market usage to Dubai Developments or Dubai Development in English.
What are Dubai Developments’ main projects?
Main projects include Capital Dubai Mall, Obsidier Tower, Lumia Residence, and Lumia Residence 2 in the New Administrative Capital.
Where did Dubai Developments begin?
The company began from Damietta, then expanded to New Damietta and Ras El Bar before moving into New Administrative Capital projects.
How many units has Dubai Developments delivered?
No verified public total is available for delivered units. The official website mentions more than 6,000 residential units as part of the company’s residential work, but this wording is not enough to record a delivered-unit total.