Emirates Reportage Development & Investment, a leading UAE-based real estate developer, has acquired two prime land plots totalling 10,764,000 sq ft in the master-planned community of Dubai Investments Park Angola (DIP Angola).
Emirates Reportage plans to develop two large-scale gated residential communities in the area for a total estimated investment of approximately AED1.8 billion (US$500 million).
DIP Angola is the country’s first fully integrated economic zone developed by Dubai Investments.
Engineering activities have already commenced for the project, with construction scheduled to begin in June 2026. The project will be delivered in phases, with first handovers expected in Q4 2029 and full completion by Q4 2030.
Omar Al Mesmar, Chairman, Dubai Investments International Angola LDA, commented: “Welcoming Reportage Group to DIP Angola represents a defining moment in our vision to establish a world-class, integrated community that sets new benchmarks for residential and mixed-use development in Angola.
“Their investment reflects strong international confidence in DIP Angola’s quality and potential and reinforces our strategic objective to attract high-caliber developers who bring innovation, sophistication and sustainable value. With Reportage’s expertise and global standards, DIP Angola is poised to deliver exceptional urban living experiences and elevate the overall value of the development.”
The development will consist of two gated communities of equal size, each spanning 5,382,000 sqft. The ocean-facing community will feature a boutique hotel with 60 rooms, 2,050 luxury villas and a 4,000 sqm retail space. The hilltop community will include 2,500 townhouses and a 4,000 sqm retail space as well.
Andrea Nucera, CEO and Managing Director of Reportage Group, added: “We are proud to secure these prime land parcels within DIP Angola and to bring our vision to life in one of Africa’s most dynamic emerging markets.
“We aim to introduce two distinctive gated communities – one in the high-end luxury segment and the other in the business and mid-market segment – blending contemporary architecture, lifestyle quality and environmental responsibility. This project marks an important milestone in our international expansion and reflects our confidence in Angola’s growth potential.”
Emirates Limited Investment and Development Company, a partner company of Reportage Group, will handle the construction.
