DMDC, the award-winning construction and design company, will deliver Dubai’s first renovate-to-resell model after entering into a partnership with Residual.ae.
The partnership has already secured four high-profile renovation contracts on Palm Jumeirah villas, with a combined current value of US$50 million. Upon completion of full structural upgrades, MEP replacements, and ultra-luxury interior redesigns, the portfolio is projected to reach US$100 million in resale value.
DMDC is responsible for design, construction, and delivery, ensuring each project reflects the company’s benchmark for high-end craftsmanship and detail. With more than 800 in-house specialists across construction, MEP, interiors, and manufacturing, DMDC guarantees speed, quality, and precise execution.
Residual.ae leads the financial and strategic framework of the model, identifying undervalued villas, providing free renovations, and managing the end-to-end resale process. The zero-capital approach enables homeowners and investors to realise exceptional returns without financial or operational exposure.
This four-villa award brings DMDC’s signed project value to over AED220 million in the past 10 months, with expectations to exceed AED300 million by the end-of-year.
Raji Daou, CEO of DMDC, said: “With each project, our goal is to provide the highest standards of quality while maximising ROI. One of our clients purchased a Garden Villa for AED30 million, invested AED11 million in renovation and plot extension, and it’s now going to market for AED65 million. That’s the kind of upside this model delivers.”
Daniel McNeil, Founder and CEO of Residual.ae, added: “Residual.ae’s mission has always been to remove barriers to property improvement. By partnering with DMDC, we’re scaling that vision, combining financial access and construction excellence to redefine what’s possible in Dubai’s high-end market.”
Following the successful launch on Palm Jumeirah, DMDC and Residual plan to expand their partnership to Emirates Living, Jumeirah Golf Estates, and Arabian Ranches.
