JLL strengthens partnership with Al Andalusia Courtyard, supports its expansion plans across UAE

  • Date: 11-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

JLL strengthens partnership with Al Andalusia Courtyard, supports its expansion plans across UAE

United Arab Emirates: JLL, the leading professional services firm specializing in real estate, investment management, and development consultancy, today announced it has signed an agreement with Al Andalusia Courtyard, a Dubai-based real estate developer, to provide retail leasing and consulting services for its upcoming community centers in Abu Dhabi as well as Meydan and Al Khawaneej in Dubai.

In addition, this partnership will see JLL extending its continued support to Al Andalusia Courtyard’s future projects, which is in line with the latter’s expansion plans across its UAE real estate portfolio. This includes internally funded projects in Dubai valued at AED 160 million, AED 60 million of its own projects consisting of 60 luxury townhouses, and the development of 2 mixed-use commercial projects in Dubai and Abu Dhabi valued at over 90 million AED in 2023.

“We recognize JLL's global expertise in retail leasing and consulting will be invaluable as we continue to grow our portfolio and offer development services to third-party projects,” said Saleh Tabakh, CEO of Al Andalusia Courtyard. “We are excited to work together with JLL in the pre-development and design stage to ensure these projects are delivered in line with market requirements and have appropriate technical features for easy