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Market·12 August 2026

Global Partners Raises $300M for Second Dubai Property Fund, Launching Branded Residences at Dubai Creek Gardens

Dubai-based fund manager Global Partners has successfully raised **$300 million** for its second property fund, which will finance the **Dubai Creek Gardens** residential development featuring **Marriott's Westin and Ren

Global Partners Limited, a fund manager regulated by the Dubai Financial Services Authority (DFSA), has secured over $300 million in committed equity for its Global Partners Property Fund II (CEIC) Limited. This substantial capital injection is designated to fund the Dubai Creek Gardens master-planned residential development.

The Dubai Creek Gardens Project

Dubai Creek Gardens will be located in DHCC Phase 2, acquired through an off-market deal, offering views of Dubai Creek. The site is strategically positioned near established luxury properties such as Kempinski Residences The Creek, The Ritz-Carlton Residences, and the Swiss International Scientific School. The masterplan for Dubai Creek Gardens emphasises walkability, extensive green open spaces, and direct waterfront access. It is designed to integrate with existing and future transport infrastructure, including the Green and Blue Metro lines, and a planned high-speed rail link connecting Dubai and Abu Dhabi.

Partnership with Marriott International

A key feature of Dubai Creek Gardens will be the introduction of branded residences through a partnership with Marriott International. This collaboration will bring the Westin and Renaissance brands to the development, marking the first time these branded residences will be available in the UAE. Westin Residences are noted for their focus on well-being, while Renaissance Residences are designed to appeal to those seeking cultural and contemporary urban living experiences.

Building on Past Success

Fund II builds upon the success of Global Partners' inaugural fund, Fund I, which oversaw the completion of Eden House The Canal in 2026 and continues development on Eden House The Park. These two developments together represent a gross development value exceeding AED 4 billion and will deliver more than 500 residences along the Dubai Water Canal. The successful raise for Fund II reflects a sustained investor interest in Dubai's premium branded residence market, where partnerships between developers and global hotel brands are increasingly used to create distinctive high-end communities.

Frequently asked

Questions, answered

What is the name of Global Partners' new fund and how much capital did it raise?
Global Partners Property Fund II (CEIC) Limited has raised over **$300 million** in committed equity. It is regulated by the Dubai Financial Services Authority (DFSA).
Which specific development will Global Partners Property Fund II finance?
The fund will finance the **Dubai Creek Gardens** master-planned residential development. This project was secured through an off-market acquisition in **DHCC Phase 2**, overlooking Dubai Creek.
Which hotel brands are partnering with Global Partners for this development?
Global Partners has partnered with **Marriott International** to bring the **Westin** and **Renaissance** brands to Dubai Creek Gardens. These will be the first Westin and Renaissance branded residences in the UAE.
What are the key features and location benefits of Dubai Creek Gardens?
Dubai Creek Gardens will emphasize walkability, green open spaces, and direct waterfront access. It will be connected to existing and future Metro stations, including the Green and Blue lines, and a new high-speed line linking Dubai and Abu Dhabi.
How does Fund II relate to Global Partners' previous real estate ventures?
Fund II builds on Fund I's success, which developed Eden House The Canal (handed over in 2026) and Eden House The Park. These previous projects had a combined gross development value exceeding **AED 4 billion** and delivered over 500 residences.
Reported by
Branded Residences UAE
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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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