Dubai Investments Park (DIP Angola), developed by Dubai Investments as the nation’s first fully integrated economic and lifestyle zone, has confirmed that Emirates Reportage Development & Investment LLC has purchased two significant land plots measuring a combined 10,764,000 sq. ft. for the development of two major gated residential communities.
The scheme represents a total expected investment of approximately AED 1.8 billion (USD 500 million) from Reportage Group, supporting DIP Angola’s ambition to attract globally recognised developers and to establish a premium residential environment within the master community.
The partnership agreement was formally endorsed by Omar Al Mesmar, Chairman, Dubai Investments International Angola LDA, and Andrea Nucera, CEO and Managing Director, Reportage Group, in the presence of Khalid Bin Kalban, Vice Chairman & CEO of Dubai Investments, alongside senior leadership from both sides.
Omar Al Mesmar, Chairman, Dubai Investments International Angola LDA, stated: “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 DIP Angola’s 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, elevate the overall value of the development and strengthen its position as the premier destination for investment across Angola.”
The masterplan includes two 5,382,000 sq. ft. gated communities. The beachfront enclave will feature a 60-room boutique hotel, 2,050 luxury villas and 4,000 sq. m of integrated retail space. The elevated district will offer 2,500 townhouses ranging from medium to high specification, along with a further 4,000 sq. m of retail amenities. Site preparation has commenced, with full-scale construction beginning in June 2026. Phase handovers are anticipated from Q4 2029, with completion by Q4 2030.
Emirates Limited Investment and Development Company, a Reportage Group affiliate, will oversee the full project lifecycle, ensuring aligned standards in planning, construction quality, and delivery.
Andrea Nucera, CEO and Managing Director of Reportage Group, commented: “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. Our aim is 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 and the opportunities it offers for sustainable urban development.”
