The groundbreaking reflects sustained confidence in Dubai’s residential sector as AMIS advances toward a projected Dh5 billion development pipeline by year-end. The fully funded, debt-free developer is backed by institutional capital from Asia and has positioned itself for a public listing within three to four years targeting a $10 billion valuation.
Fleurs de Jardin comprises ultra-luxury five-bedroom villas and six-bedroom grand mansions designed to reflect Jacob & Co.’s signature aesthetic and refined detailing. The community is named after one of the high-jewellery, high-watchmaking brand’s most elaborate timepiece collections.
“The groundbreaking of Fleurs de Jardin is much bigger than the start of construction on a single project,” said Neeraj Mishra, Founder and CEO of AMIS GPD Development. “It reflects the strength of the UAE’s real estate market and the confidence that investors continue to place in the country’s long-term vision.”
Since entering the UAE market, AMIS has launched six projects across Dubai with an execution-led approach. Despite being among the last developers to acquire land within Meydan District 11, the company is on track to become one of the first to complete and handover a community within the district when it delivers its Woodland Residences next year, also located in District 11.
The near-complete Woodland Residences features premium finishes including surfaces made by Automobili Lamborghini, showcasing the quality and design approach AMIS is bringing to the location. The project reflects the developer’s commitment to delivering value for investors and homeowners through timely execution.
“The groundbreaking of Fleurs de Jardin reflects the strength of our partnership with AMIS GPD Development and our shared vision for creating truly exceptional residential experiences,” said Jacob Arabo, Founder and Chairman of Jacob & Co. “We are excited to see this unique project move from concept to reality and look forward to once again bringing Jacob & Co.’s craftsmanship, exclusivity and creativity into luxury real estate.”
The developer operates through a fully funded, debt-free business model with a build-before-sell strategy that has enabled rapid scaling while maintaining financial discipline. AMIS’s current portfolio spans more than 340 units with a combined development value exceeding Dh2 billion.
The Meydan District 11 location positions residents near Dubai’s evolving infrastructure and connectivity network. The broader Meydan area has attracted significant developer interest as Dubai’s Gold Line metro advances toward its September 2032 opening, connecting Mohammed Bin Rashid City and surrounding communities.
As AMIS scales toward its Dh5 billion pipeline target, the company maintains its focus on execution quality and stakeholder value creation. The developer’s trajectory reflects broader market dynamics as Dubai real estate attracts $272 billion in projected investment over the next five years, driven by population growth and foreign capital inflows.
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