AMIS Breaks Ground on Jacob & Co.’s Villa Community in Meydan, Showcases Near-Complete Woodland Residences; Targets a USD 10 Billion IPO Valuation in three years
Driven an AED 2 billion portfolio across six launches in under two years, with more than 340 units under development and an AED 5 billion pipeline projected by the end of 2026.
Dubai, UAE – 18 June 2026: AMIS GPD Development, one of Dubai’s fastest-growing real estate developers, has broken ground on its sixth project in less than two years, with the commencement of construction on Fleurs de Jardin, its landmark branded villa community created in partnership with high jewelry, high watchmaking brand, Jacob & Co. in Meydan District 11. The milestone further strengthens the company’s rapidly expanding portfolio, which now exceeds AED 2 billion in current development value across more than 340 units, while reinforcing confidence in the UAE’s resilient real estate sector and long-term economic vision.
Backed by a fully funded, debt-free business model and supported by institutional capital from Asia, AMIS Development has established itself as a developer-first organisation focused on execution, quality and timely delivery. The groundbreaking of Fleurs de Jardin marks another significant step in the company’s growth journey as it advances towards a projected AED 5 billion development pipeline by the end of 2026. This rapid expansion is laying the foundations for a future public listing within the next three to four years targeting a USD 10 Billion valuation.
Since entering the UAE market, AMIS Development has expanded its footprint through a carefully curated portfolio of luxury residential developments. In under two years, the company has launched six projects across Dubai, demonstrating its ability to identify high-growth locations, secure strategic partnerships and accelerate delivery timelines. Following and learning from the UAE growth story, AMIS believes in building trust by proof of delivery. Despite being among the last developers to acquire land within Meydan District 11, AMIS is now on track to become one of the first to complete and handover a community within the district when they deliver their Woodland Residences next year, also located here in District 11. This spectacular project with premium finishes and quality including surfaces made by Automobili Lamborghini, gives a first-hand look at the quality, scale and design approach AMIS is bringing to this location. This project truly reflects the company’s execution-led approach and commitment to delivering value for investors and homeowners alike.
The Fleurs de Jardin Villa Community is an exclusive residential offering by AMIS GPD Development, named after one of the most delicate and elaborate Jacob & Co. timepiece collections. It comprises ultra-luxury villas and mansions designed to offer residents the highest levels of privacy, craftsmanship and luxury living. The community features five-bedroom villas and six-bedroom grand mansions, each designed to reflect Jacob & Co.’s one-of-a-kind aesthetic, refined detailing and distinctive approach to luxury.
Commenting on this milestone, Neeraj Mishra, Founder and CEO of AMIS GPD Development, said: “The groundbreaking of Fleurs de Jardin is much bigger than the start of construction on a single project. 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. In less than two years, we have grown our portfolio to more than AED 2 billion in development value across six projects while maintaining a fully funded, debt-free position. This disciplined approach has enabled us to move quickly, build before selling and deliver with confidence. Fleurs de Jardin represents the next chapter in our growth story and reinforces our commitment to creating exceptional communities that contribute to Dubai’s evolution as a global destination for investment and luxury living. As we continue to scale towards a AED 5 billion pipeline, our focus remains unchanged: execution, quality and creating long-term value for our stakeholders.”
Jacob Arabo, Founder and Chairman of Jacob & Co., added: “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. 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.”
With a rapidly expanding portfolio, strong financial fundamentals and a clear roadmap for future expansion, the company is positioning itself among the region’s emerging development leaders while laying the foundations for its next phase of growth, including future capital market ambitions.
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About AMIS GPD
AMIS GPD Development, part of the AMIS Group, is a real estate development company that brings together thoughtful design, refined amenities and carefully chosen locations to create living environments that feel considered, elevated and enduring. For more information on the AMIS: amisdevelopment.com
About Jacob & Co.
Jacob & Co. is a luxury brand specialising in high jewelry and high watchmaking. Its approach to creation is guided by its motto: Inspired by the Impossible. Founded by Jacob Arabo in New York City, the brand has remained fully family-owned and operated since 1986.
Its use of the rarest gems, especially coloured stones, and its constant forward-thinking approach have made Jacob & Co. a modern reference in the most creative and exclusive layers of luxury. The brand is celebrated for its cutting-edge complication timepiece collections such as Astronomia, Epic X and Billionaire, which showcase Jacob & Co.’s unique ability to stand at the pinnacle of both high horology and high jewelry.
The brand continues to expand its reach into luxury lifestyle through new ventures, including Jacob & Co.-designed residences in Abu Dhabi and Dubai. For more information: jacobandco.com