Global Partners Builds on the Success of Fund I, With Fund II Exceeding US$300 Million

Global Partners Limited, a fund manager regulated by the Dubai Financial Services Authority and in partnership with H&H, has announced the successful handover of Eden House The Canal, alongside continued progress on Eden House The Park. Both projects are part of Global Partners Property Fund I (CEIC) Limited (“Fund I”), the firm’s inaugural investment vehicle.

Eden House The Canal, located on Dubai Water Canal, sits alongside some of the city’s most distinguished addresses, including the Four Seasons Private Residences, adding to the range of luxury residential developments in the area. Eden House The Park builds on this momentum, offering Jumeirah residents a similarly elevated lifestyle proposition in one of the city’s most sought-after enclaves.

Together, the two residential developments represent a combined gross development value exceeding AED4 billion, delivering more than 500 residences along the Dubai Water Canal.

Eden House The Canal welcomed its first residents in 2026, while Eden House The Park remains on track for handover in September 2027.

Building on the progress of Fund I, Global Partners has successfully raised more than US$300 million for Global Partners Property Fund II (CEIC) Limited (“Fund II”), providing committed equity for the fund’s next development opportunity.

The capital will be deployed towards the delivery of Dubai Creek Gardens (DCG), a master-planned residential development secured through an off-market acquisition in DHCC phase 2, overlooking the Dubai Creek. DCG is located in a prime destination that also includes Kempinski Residences The Creek, The Ritz-Carlton Residences, and the Swiss International Scientific School in Dubai.

As part of Fund II, Global Partners has partnered with Marriott International to bring the Westin and Renaissance brands to Dubai Creek Gardens, introducing the first Westin and Renaissance branded residences in the UAE. The development combines two distinct residential concepts: Westin Residences, centered on wellbeing and everyday comfort, and Renaissance Residences, inspired by creativity, culture and contemporary urban living. This partnership further strengthens Global Partners’ focus on delivering high-quality branded residential communities in Dubai.

Designed around liveability, wellbeing, and long-term community value, Dubai Creek Gardens will focus on walkability, generous green open spaces, sports and recreational facilities, and direct waterfront access to create an integrated residential environment.

The masterplan will also benefit from exceptional connectivity, where residents will enjoy access to existing and future Metro stations, including the Green Line and future Blue Line, alongside the new high-speed line — one of only two connecting Dubai and Abu Dhabi in under an hour.

A future water taxi station will further strengthen the masterplan’s waterside credentials, offering a direct marine link to Dubai Creek Harbour and echoing the network of ferry and water taxi routes already connecting Al Jaddaf, Dubai Festival City, and the wider Creek.

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