UAE’s Reportage Group has secured two large land plots in Angola’s first integrated economic zone, DIP Angola, for two major residential developments. The land deal covers a total of 10,764,000 square feet. DIP Angola is being developed by Dubai Investments, a company listed on the Dubai Financial Market.

The total projected investment by Reportage Group for this undertaking is approximately AED 1.8 billion (USD 500 million). The substantial investment highlights the scale of the project and its strategic role in establishing DIP Angola as a leading residential area. The deal was officially signed by Omar Al Mesmar, Chairman of Dubai Investments International Angola LDA, and Andrea Nucera, CEO and Managing Director of Reportage Group.

The development will comprise two gated communities of equal size, each spanning 5,382,000 sq. ft. One community, located ocean-facing, will offer a 60-room boutique hotel, 2,050 luxury villas with high-quality finishes, and 4,000 sq. m. of retail community space. The second community, set on a hilltop, will feature 2,500 medium to high-finish townhouses and an equal 4,000 sq. m. of retail community space.

Omar Al Mesmar, Chairman of Dubai Investments International Angola LDA, said, “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.”

Engineering work on the sites has already started. Construction is scheduled to begin in June 2026. The project will be completed in phases, with the first residential handovers anticipated in the fourth quarter of 2029 and the full completion expected by the fourth quarter of 2030. Emirates Limited Investment and Development Company, a partner of Reportage Group, will manage and execute all stages of the construction process, ensuring global standards are maintained.

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.” The project marks a significant step in the Group’s international expansion strategy.