Awqaf Dubai Completes USD 6.3M Real Estate Endowment Projects in H1 2025

Dubai, UAE – August 26, 2025 - The Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has announced the completion of four new endowment real estate projects valued at more than USD 6.3 million (AED 23 million) during the first half of 2025.

The projects reflect Awqaf Dubai’s efforts to expand the role of endowment investments in supporting Dubai’s wider economic and social development agenda.

Projects Supporting Diverse Community Needs

The four newly completed projects are tailored to support charitable, religious, and social sectors across the emirate:

• Endowment project for government employees: The first of its kind in Dubai, with proceeds directed toward general charitable causes.
• Al Warqa Shops Endowment: Revenues dedicated to mosque affairs and religious services.
• Residential villas endowment with Dubai Charity Association: Designed to empower underprivileged families, while supporting humanitarian, educational, and healthcare initiatives led by Dubai Charity.
• Villa endowment project: Allocated entirely to charitable purposes.

By diversifying its endowment portfolio, Awqaf Dubai aims to strengthen its ability to address community priorities and social welfare.

His Excellency Ali Al Mutawa, Secretary General of Awqaf Dubai, emphasized the importance of these projects:

“The projects completed during the first half of 2025 prove Awqaf Dubai’s role in developing endowment assets that serve vital community sectors.”

He further noted that these initiatives are in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and his long-term objectives for sustainable development.

“Such initiatives contribute to strengthening the role of endowments in promoting community wellbeing and ensuring a dignified life for individuals,” Al Mutawa said.

Preserving and Growing Endowment Assets

Al Mutawa reaffirmed Awqaf Dubai’s commitment to safeguarding donor assets, ensuring optimal investment returns, and continuing to implement new projects in accordance with the wishes of philanthropists.

“Awqaf Dubai continues to develop real estate endowment projects in accordance with the wishes of philanthropists, thereby enhancing charitable investments,” he added.

Future Projects Pipeline

Looking ahead, Awqaf Dubai revealed that it has launched a new portfolio of real estate endowment projects, which includes:

• Shopping centres
• Residential complexes
• Multi-purpose buildings

These projects are scheduled for completion by the end of this year and throughout 2026. The revenues will be directed to healthcare, education, mosque services, and social support initiatives, contributing to Dubai’s goal of raising quality of life across society.

Driving Sustainable Development

By expanding the scope of real estate endowments, Awqaf Dubai is not only preserving a longstanding tradition of philanthropy but also aligning charitable initiatives with Dubai’s modern development strategy. The foundation’s initiatives are expected to play a vital role in bridging community needs, empowering vulnerable groups, and ensuring the sustainability of Dubai’s endowment sector well into the future.