Press Releases

Dubai Pearl Wins Prestigious Newsweek Award for ‘Best Integrated Development’

Wed 01 Apr 2009

Pearl Dubai FZ LLC, one of the leading real estate developers in the UAE, today announced it has won the ‘Best Distinguished Integrated Development’ award for its luxurious Dubai Pearl development from Newsweek, the leading American newsmagazine.

Dubai Pearl’s Innovative Features Highlighted at New Buildings’ Solutions Summit in China

Sat 21 Mar 2009

Abdul Majeed Al Fahim Outlines Project’s Sustainable Components and Commitment to Endorse Best Practices

Dubai–UAE: 21 March, 2009 – Pearl Dubai FZ LLC, a leading real estate developer in the UAE, today announced it highlighted the latest innovations and premium components of its AED15 billion development at the New Buildings’ Solutions Summit China 2009, a unique event that brought together global industry professionals.

Al Fahim Highlights Priorities for Projects Sector at AWCS 2009

Mon 09 Feb 2009

Abdul Majeed Ismail Al Fahim, Chairman of Pearl Dubai FZ LLC, highlighted sustainable business practices for projects at the Arabian World Construction Sector (AWCS) 2009 that opened today at the Emirates Palace in Abu Dhabi.

Pearl Dubai to Sponsor ‘Cinema Against AIDS DUBAI 2008’ amfAR Charity Dinner 2008

Wed 10 Dec 2008

Pearl Dubai FZ LLC, developers of the AED15 billion mixed-use Dubai Pearl project, today announced it is sponsoring amfAR’s (The Foundation for AIDS Research) ‘Cinema Against AIDS Dubai 2008’ gala dinner to be held on 12 December 2008 at Atlantis-The Palm in Dubai.

amfAR (The Foundation for AIDS Research) is one of the world’s leading non-profit organizations dedicated to the support of AIDS research, HIV prevention, treatment education, and the advocacy of sound AIDS-related public policy.

Pearl Dubai Awards AED8.85 Billion Construction Contract to Al Habtoor-Leighton Group

Wed 26 Nov 2008

Pearl Dubai FZ LLC, one of the UAE’s leading real estate developers, has awarded an AED8.85 billion (US $2.4 billion) main contract for the construction of its iconic Dubai Pearl project, to the Al Habtoor- Leighton Group, the UAE’s largest construction group.

 The deal is the largest single contract of its kind in the region and arguably one of the largest in the world for a real estate project. Construction is due to begin in January 2009.

Pearl Dubai Pledges Support to Sustainable Initiatives

Sun 09 Nov 2008

Abdul Majeed Ismail Al Fahim Highlights Company’s Key Contributions to Community

Pearl Dubai, developers of AED15 billion (US4 billion) Dubai Pearl luxury development, today pledged its strong support to sustainability initiatives that aim to bring the world community together for the benefit of future generations.

Dubai Pearl Flies over 150 Investors to Paris for Unveiling of AED2.5 Billion Baccarat Hotel and Residences

Mon 28 Jul 2008

A Three-Day Trip Including Private Concert by Sir Elton John

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, rolled out a lavish trip to Paris for 150 investors, offering an exclusive preview of the design and décor of the AED2.5 billion Baccarat Hotel and Residences project that will be completed at the Dubai Pearl development in 2011.

Baccarat Hotel and Residences to Blend Classic French Chic with Contemporary Elegance at Dubai Pearl

Sat 19 Jul 2008

AED2.5 Billion Luxury Hotel and Residential Apartments to Complement Baccarat’s 264-Year Lineage

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, today announced it has signed an agreement with US-based Starwood Capital Group to develop a AED2.5 billion (USD 680 million) Baccarat Hotel and Residences at Dubai Pearl.
The signing ceremony took place in the presence of Abdul Majeed Al Fahim, Chairman of Pearl Dubai, and Barry Sternlicht, Chairman, Starwood Capital Group.

Pearl Dubai Breaks Ground for US$4-Billion Dubai Pearl Project

Sun 01 Jun 2008

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, today broke ground for Dubai Pearl, the world class US$4-billion mixed-use development, located in the heart of Dubai Technology and Media Free Zone (TECOM Investments).

Senior officials from Dubai Pearl and TECOM Investments were present at the ground breaking ceremony, including Mr. Abdullatif Al Mulla (Group CEO, TECOM) Mr. Ali BuRuhaima (Chief Officer Asset Development Zoning Authority, TECOM) and (Mr. Abdul Majeed Al Fahim (Pearl Dubai).

Dubai Pearl Diamond Sponsor Of The 2008 Arab Media Forum

Tue 22 Apr 2008

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, today announced their US$4 billion world class, mixed-use development Dubai Pearl has become a diamond sponsor of the Arab Media Forum, a convention of top tier regional and international media professionals and intellectuals to hold in-depth discussions on how the transformation of technology has impacted the local, regional and international media. The event will to be held on April 23-24, 2008 at Hotel Monarch in Dubai.