LUANDA, November 10, 2025: Dubai Investments Park (DIP Angola), Angola’s first fully integrated economic zone developed by Dubai Investments, has signed a landmark agreement with Emirates Reportage Development & Investment LLC. The UAE-based real estate developer has acquired two prime land plots totaling 10,764,000 sq. ft. within DIP Angola’s master-planned community to develop two large-scale gated residential projects.
Investment Valued at AED 1.8 Billion
The total investment for the project is estimated at AED 1.8 billion (USD 500 million), highlighting the scale of the development and its strategic importance to DIP Angola’s vision of becoming a leading residential destination in the country. The agreement was signed by Omar Al Mesmar, Chairman, Dubai Investments International Angola LDA, and Andrea Nucera, CEO and Managing Director, Reportage Group. The signing ceremony was attended by Khalid Bin Kalban, Vice Chairman & CEO, Dubai Investments, along with senior management members from both organizations.
Strategic Vision and Partnership Goals
Commenting on the agreement, Omar Al Mesmar said that welcoming Reportage Group to DIP Angola represents a defining milestone in establishing a world-class, integrated community that sets new standards for residential and mixed-use development in Angola. He emphasized that the investment demonstrates international confidence in DIP Angola’s quality and potential, supporting its strategic aim to attract innovative and sustainable developers. With Reportage Group’s expertise, DIP Angola aims to deliver exceptional urban living experiences and solidify its position as Angola’s premier investment hub.
Project Details: Two Gated Communities
The development includes two gated communities of equal size, each covering 5,382,000 sq. ft. The ocean-facing community will feature a 60-room boutique hotel, 2,050 luxury villas with high-end finishes, and 4,000 sq. m. of retail space. Meanwhile, the hilltop community will consist of 2,500 medium to high-finish townhouses along with 4,000 sq. m. of retail facilities.
Engineering activities have already commenced, with construction set to begin in June 2026. The project will be delivered in phases, with the first handovers expected in Q4 2029 and full completion scheduled for Q4 2030.
Construction and Project Management
The construction will be managed and delivered by Emirates Limited Investment and Development Company, a partner firm of Reportage Group. The company will oversee every phase of the project, from planning and engineering to execution and final delivery, ensuring adherence to global quality benchmarks and Reportage Group’s international standards of excellence.
Statement from Reportage Group
Andrea Nucera, CEO and Managing Director of Reportage Group, expressed pride in securing these prime land parcels within DIP Angola. He highlighted that the development aims to introduce two distinctive gated communities catering to both luxury and mid-market segments, combining contemporary design, high lifestyle quality, and environmental responsibility. Nucera added that the project marks a key milestone in the Group’s international expansion and underscores confidence in Angola’s strong growth potential and opportunities for sustainable urban development.