June 21, 2026
Jabbour Group Investment and Axione Development Establish AED 360 Million Strategic Partnership for joint investments in real estate development in UAE
Landmark alliance poised to implement large-scale real estate and infrastructure development projects across the Emirates
Jabbour Group Investment, a prominent multi-sector conglomerate headquartered in the UAE, and Axione Development, a major industrial and commercial real estate and infrastructure developer, today announced a long-term strategic partnership valued at AED 360 million. The partnership is established to co-develop, finance, and deliver premium projects across key growth corridors in the United Arab Emirates.
"This partnership marks a defining chapter for Jabbour Group Investment. Aligning with Axione Development enables us to channel AED 360 million into ventures that will shape the built environment of the UAE for generations. We are committed to creating value that extends well beyond the bottom line."
— Elie Jabbour, Owner and Chairman, Jabbour Group Investment
— Elie Jabbour, Owner and Chairman, Jabbour Group Investment
"Partnering with Axione Development reflects our disciplined approach to deploying capital where execution capability and market fundamentals align. Together we are building a platform that will deliver tangible results — on time, on standard, and at the scale the UAE market demands."
— Solange Jabbour, Owner and Managing Director, Jabbour Group Investment
— Solange Jabbour, Owner and Managing Director, Jabbour Group Investment
The partnership intends to focus mostly on development of state-of-the-art Grade A industrial and office projects in high-demand areas across the UAE. By combining capital, technical expertise, and proven track record of successful development projects, both entities will collaborate to develop, execute, and scale a premier pipeline of high-impact projects over the next five years.
"Axione Development has consistently delivered best-in-class projects, and this synergy with Jabbour Group Investment provides the scale and strategic depth to unlock new opportunities."
— Mikhail Zarkhi, Owner and Managing Partner, Axione Development
— Mikhail Zarkhi, Owner and Managing Partner, Axione Development
"Axione Development continues to contribute towards building modern facilities in strategic areas. The alliance with Jabbour Group Investment unleashes exciting avenues for development of specialized Grade A assets in the UAE and we are ready to deliver high quality workplaces."
— Daniel Ilizarov, Owner and Managing Partner, Axione Development
— Daniel Ilizarov, Owner and Managing Partner, Axione Development
The partnership reflects the broader trajectory of investment confidence in the UAE, which continues to attract significant capital inflows owing to its stable regulatory environment, world-class infrastructure, and strategic geographic positioning. The Jabbour Group Investment — Axione Development partnership is structured to align with the UAE’s national vision — "Dubai Economic Agenda (D33)" to boost economic growth and create sustainable working spaces.
About Jabbour Group Investment
Jabbour Group Investment is a Dubai-based investment company operating across the UAE, Saudi Arabia and international markets, delivering comprehensive, high-impact solutions to a diverse portfolio of clients. The Group positions itself as a true one-stop partner, bringing together multiple disciplines under a single umbrella to support every aspect of its clients' business needs. Its team of seasoned professionals combines deep regional expertise with international standards of execution, ensuring every project is delivered efficiently, reliably and with measurable results. Guided by a vision of driving meaningful and lasting impact for clients and the communities it serves, Jabbour Group Investment is built around innovation, precision and a global mindset — creating real value that extends well beyond the delivery of services.
About Axione Development
Axione Development is a leading UAE-based investment and development company with a portfolio of over 2 million square feet of prime industrial and commercial assets in Abu Dhabi and Dubai. The company specialises in the development, financing and delivery of Grade A industrial, logistics and commercial real estate, partnering with institutional investors and end-users to bring large-scale, high-quality projects to market across the Emirates.