Dubai to Deliver Dh200 Million in Endowment Real Estate Projects by 2026
Dubai is accelerating its commitment to community development and sustainable charitable investment with a slate of new endowment real estate projects. Valued at over AED 200 million, these initiatives are spearheaded by the Endowments and Minors’ Trust Foundation (AWQAF) and are set to be delivered within the next two years.
🏗️ 21 New Endowment Projects Announced
AWQAF has unveiled plans for 21 real estate developments that will serve both community and philanthropic goals. The diverse portfolio includes:
Shopping malls
Residential buildings
Commercial shops
Mosques
Educational and humanitarian facilities
These projects are in various stages of planning, design, and construction. Many are already underway and strategically located in central and emerging districts of Dubai to ensure accessibility and maximize community benefit.
🤝 Funded by Donors & Endowment Portfolios
The developments are being funded through a combination of:
Donations and contributions from endowment supporters
AWQAF’s reconstruction and reinvestment portfolios
This financial model supports sustainable charitable growth, with endowment revenues being reinvested into more community-focused initiatives.
🕌 Malls, Mosques & More to Support Local Communities
Several of the planned malls will be located in new residential neighborhoods, designed to enhance access to essential retail and lifestyle services for residents. Meanwhile, mosques and educational buildings will serve Dubai’s ongoing social development goals — ensuring a strong infrastructure for worship, learning, and support for vulnerable groups.
📅 Delivery Timeline: 2024–2026
Some projects are scheduled for completion by end of 2024
The majority are expected to be delivered by mid-2025
All are anticipated to be fully completed within two years
📈 Part of the Dubai Plan 2033 Vision
These developments align with the Dubai Plan 2033, which aims to strengthen the emirate’s position as a global leader in social responsibility, urban development, and sustainable economic growth.
AWQAF’s focus on diversifying endowment investments helps deliver real, long-term impact — both socially and economically — by generating income for future charitable work while also supporting essential services for the public.
🌍 Why It Matters
Dubai’s real estate endowment strategy stands as a unique model of combining philanthropy with urban development. Rather than relying solely on donations, these assets generate recurring revenues that fund charitable programs sustainably — building a lasting legacy of giving.
🔑 Key Takeaways
Over AED 200 million allocated to 21 endowment real estate projects
Includes malls, residential buildings, mosques, and educational centers
Projects supported by donors and AWQAF’s reinvestment fund
Completion expected by end of 2026, with many ready earlier
In line with the Dubai Plan 2033 for social and economic development
