• The partnership aims to deliver next-generation luxury residential and commercial projects, reinforcing Dubai’s status as a global real estate hub.
• Senior leadership from both companies gathered for the landmark signing ceremony.
• The new collaboration targets premium real estate projects spanning over 10 million square feet in built-up area and exceeding AED 10.5 billion in gross development value.
• The portfolio will comprise high-value residential and commercial development across popular communities including Business Bay, Meydan Horizon, Motor City, Dubai Islands, Dubai South, and Jumeirah Village Circle.

Dubai, June 23, 2025: Centurion Properties, one of Dubai’s premier real estate developers, has signed a Memorandum of Understanding (MoU) with CITIC Construction, a globally recognised engineering and construction giant and a wholly owned subsidiary of the CITIC Group, headquartered in China with an asset base of USD 1.7 trillion. This strategic agreement marks a significant milestone in promoting bilateral cooperation to deliver large-scale, premium real estate developments across the city, with constructions planned to commence from Q3 2025.