UAE's H&H Advances AED 30 Billion Dubai Peninsula Waterfront Project

en.Wedoany.com Reported - On November 10, UAE real estate developer H&H announced the latest construction progress on the Dubai Peninsula waterfront mixed-use development. With a total investment of approximately AED 30 billion (about USD 8.16 billion), the project is located along the Jumeirah coastline in Dubai. Construction began in November 2025 and is currently being carried out in phases, with more than 3,500 workers on site and approximately 45% of the underground infrastructure works completed. The project is planned to include high-end residential units, hotels, a superyacht marina, waterfront public spaces and supporting facilities.

The project covers an area of approximately 85 hectares, with the overall master plan centered on a central park and waterfront spaces. The central park spans more than 2 million square feet (approximately 186,000 square meters) and features about 2 kilometers of landscaped walkways connecting residences, hotels, cultural facilities and the yacht marina. A private beach of approximately 1 kilometer is planned along the eastern side of the project, while a superyacht marina is positioned on the other side, with commercial and dining pedestrian areas exceeding 7,000 square meters along the marina frontage.

Underground works are the current focus of construction. The project places parking, service vehicle access and supporting infrastructure below ground level, with the upper spaces dedicated to parks, pedestrian walkways and waterfront public activity areas. This design requires the simultaneous coordination of underground traffic organization, utility routing, surface landscaping and infrastructure interfaces between different building components. Currently, approximately 45% of the underground infrastructure running through the core area of the project has been completed.

Individual sub-projects have entered different stages of construction. The main structure of Peninsula Dubai residential project is being built by Dutco Construction Company; the ground improvement works for the Capella hotel project have been completed. The hotel is planned as a 9-storey building with 115 rooms and suites, including two villas. Ground improvement for the Aman residential project is expected to be completed by the end of 2026, with the main construction contractor scheduled to be appointed and mobilized in the first quarter of 2027. Ground improvement for the Rosewood project is approximately 50% complete, with this phase planned for completion by the end of December 2026.

The project also introduces three hotel and high-end residential brands: Aman, Rosewood and Capella. Rosewood will launch a hotel, waterfront residences and 5 standalone villas in Dubai; the Aman project includes a hotel, private club and residences; and Capella is planned to include hotel facilities with 115 rooms and suites. The first phase of Dubai Peninsula is scheduled for completion in 2030, with subsequent individual buildings to be advanced according to separate construction schedules.