【khaleejtimes】Centurion Properties and CITIC Construction join forces for Dh10.5 billion Dubai real estate push

Centurion Properties, a premier Dubai’s real estate developer, has signed a Memorandum of Understanding (MoU) with CITIC Construction, a globally recognised engineering and construction giant and a wholly owned subsidiary of the CITIC Group

【thegulfentrepreneur】Dubai Property Market Welcomes China’s Citic in Partnership with MAG Group

【Construction Business News】Centurion Properties signs $2.86bn MoU with CITIC Construction to build high-end projects in Dubai

centurion Properties has signed a strategic Memorandum of Understanding (MoU) with CITIC Construction, the globally recognised engineering and construction arm of China’s CITIC Group. The agreement paves the way for the development of over 10 million square feet of premium residential and commercial space, with construction expected to begin in Q3 2025.

【gulfnews】Dubai property: China's engineering giant Citic makes entry with MAG Group

Dubai: One of China’s biggest engineering companies – Citic Ltd. – is making an entry into Dubai’s luxury real estate market through a venture with MAG Group, which already has multiple high-end projects in the city.

The two will joint build ‘Keturah Ardh’, a Dh22 billion ($6 billion) project with aan 18.47 million square feet spread within the Al Rowaiyah First District in Dubailand.

【Construction Business News】Centurion Properties Signs Landmark MoU With China’s CITIC Construction By CBNME EDITORIALJuly 7, 2025