Real Estate Private Equity · UAE

Real estate
private equity
in the UAE

Looking to invest private capital into UAE real estate? We advise family offices and institutional investors on capital raising, development joint ventures with UAE developers, and single-ownership institutional office acquisition and development in Dubai and Abu Dhabi.

At a Glance
20+
Years in real estate
JLL Moscow, 2007 → Dubai
24h
Investment memo turnaround
$10M+
Institutional deal size · senior partner every time
DXB · AUH
Dubai · Abu Dhabi · All Emirates
Capital Raising · UAE· Development Joint Ventures· Land Acquisition · Dubai · Abu Dhabi· Institutional Office Investment· ADGM · DIFC · Single-Ownership· DCF · IRR · HBU Analysis· Family Office Advisory· Off-Market Deals· Capital Raising · UAE· Development Joint Ventures· Land Acquisition · Dubai · Abu Dhabi· Institutional Office Investment· AI Investment Reports· GP / LP Structures· Club Deals· Off-Market Opportunities·
What We Do

Investment Advisory
Services

We focus on high-margin, off-market opportunities where institutional expertise and speed create the edge for private investors and developers.

Capital Raising & Investor Advisory

Raising private equity from family offices, UHNW investors, and institutional capital for UAE real estate. We identify the right capital sources, structure preferred-equity and co-investment terms, and align investor and developer interests through closing and beyond. Senior partner on every mandate.

Family Offices · UHNW · Institutional Capital

Development Joint Ventures

Sourcing, underwriting, and structuring development plays across Dubai and Abu Dhabi — from off-market land acquisition through investor–developer joint ventures with GP/LP waterfalls, governance, and exit mechanics. DCF, IRR, and HBU underwriting at institutional depth, with AI-generated investment memos in 24 hours.

Land · JV Structuring · GP/LP Waterfalls

Institutional Office Investment

Single-ownership Grade A office acquisition and development across ADGM, DIFC, and Dubai's primary business districts. We structure assets to qualify for core fund, sovereign, and REIT mandates — and exit at cap rates 150–250bps tighter than any strata-titled equivalent.

ADGM · DIFC · Single-Ownership · Core Capital
Emerging Opportunity

Creating Institutional Assets

Dubai's office market is almost entirely strata-titled — buildings sold floor by floor, with mixed ownership, short leases, and no standardised tenant covenants. This structure disqualifies assets from institutional capital entirely.

We help developers and owners build the opposite: a single-ownership, institutionally-leased building that qualifies for core fund, sovereign, and REIT mandates — and exits at a cap rate 150–250bps tighter than any strata equivalent.

Core / Core-Plus · Institutional Exit · Single-Ownership
  • Why it doesn't exist yet. Strata sales deliver 20–40% higher per-sqft revenue with instant liquidity — developers default to it. Holding a building as a single asset requires a different capital model that most local developers haven't structured before.
  • What we structure. Single-title ownership, AAA tenant covenant curation, RICS-compliant NNN leases (5–10 year terms, CPI escalators, no break clauses), long WAULT underwriting, and a full institutional investment memorandum.
  • The exit premium. Institutional-grade assets trade at 5–6.5% cap rates in Dubai versus 7.5–9% for strata buildings — a 20–35% price premium at exit, or a basis for low-cost bank refinancing at full asset value.
Off-Market Sourcing

Hunting for distressed assets

Land plots, buildings, and income-producing properties sourced off-market — distressed, undervalued, or generating above-market yield. We go directly to owners before assets reach any listing.

Development Land

Distressed developer disposals, pre-launch plots, and underpriced parcels in growth corridors. We evaluate HBU, zoning, and exit scenarios before any offer is made.

Pre-launch · Distressed · HBU Analysis

Office Buildings

Grade-B and grade-C towers below replacement cost — stabilised income generating 7–10% gross yield, or value-add through repositioning, active management and lease-up.

7–10% GRI · Value-Add · Repositioning

Industrial & Warehouse

Logistics, light-industrial and cold-storage assets on UAE logistics corridors. Strong demand driven by e-commerce growth; long WAULT leases insulate against short-term vacancy risk.

Long WAULT · Logistics Corridors

Street Retail

High-footfall ground-floor units in established corridors — F&B, services and daily-needs tenants. Inflation-linked leases and low structural vacancy deliver resilient income.

Inflation-Linked · Low Vacancy · F&B

Residential Blocks

Bulk floor or whole-block acquisition at developer pricing — below individual-unit market value. Income strategy via rental yield, or exit at a margin above bulk purchase through unit-level sales.

Bulk Discount · Rental Yield · Exit Spread

Have a specific
acquisition mandate?

Tell us your target yield, asset class, geography and ticket size — we'll source off-market options that match your brief. No retainer to start the conversation.

Discuss your mandate →
Why GH Capital

Big-firm expertise.
Boutique attention.

The largest advisory firms serve institutional portfolios at institutional speed. GH Capital was built for clients who need senior-level expertise and analysis in days — not committee cycles.

01

Senior partner, every deal

You work directly with Dmitrii Myslin — not a junior analyst. 20+ years of institutional experience on your mandate from day one, every time.

02

AI-native from the ground up

Investment memos, financial models, and market analyses generated with AI — faster, more precise, and updated in real time as conditions change.

03

Flexible deal structures

Success fees, hybrid retainers, co-investment arrangements — we align our economics with your outcomes, not fixed fee schedules.

04

100% UAE focused

No global portfolio competition for our attention. Every mandate receives full focus. We know Dubai and Abu Dhabi at the transaction level.

Dmitrii Myslin, Founder of GH Capital — CCIM, Real Estate Private Equity Advisor, Dubai
Dmitrii Myslin
Founder & Principal · CCIM
Leadership

20 years of deals,
in your corner

Dmitrii leads a private equity–focused real estate advisory connecting investors and family offices with UAE developers. He raises capital for land and development projects, structures joint ventures, and guides both sides through the full investment cycle — from land acquisition and feasibility to sales strategy and project delivery.

He co-founded ILM Advisors in Moscow in 2009, building it into the #1 commercial real estate advisor in the Moscow office market — 5M+ sqm and thousands of transactions completed. Before that, he was Head of Tenant Representation at JLL (NYSE: JLL) Russia & CIS. Since 2022, he is based in the UAE, focused on Dubai and Abu Dhabi.

Track Record
5M+ sqm · 1,000s of transactions
Background
JLL (NYSE: JLL) Russia & CIS · ILM Advisors (co-founder) · since 2007
UAE Market
Dubai · Abu Dhabi · since 2022
Credentials
CCIM · Executive MBA Skolkovo
How We Work

From mandate to close

01

Mandate

We align on your investment thesis, target returns, deal size, structure preferences, and timeline. No generic briefs — every mandate is tailored.

02

Deal Sourcing

Leveraging a 20-year network and AI-enhanced market scanning, we identify on-market and off-market opportunities that match your criteria.

03

Analysis & Structuring

Full financial modelling, deal structuring, JV waterfall design, and an investment memo — delivered within 24–72 hours of identifying the right opportunity.

04

Execution

Negotiation support, coordination with legal and regulatory parties, and deal closing. We stay engaged from LOI to final transfer.

Market Intelligence

AI-structured analysis of UAE real estate markets, capital flows, and off-market opportunities — published as we see it.

View all analyses →
Common Questions

What clients ask
before we start

Every question here came from a real conversation. If yours isn't listed, reach out directly — we respond to every serious enquiry.
What types of investors does GH Capital work with?
We work primarily with family offices, UHNW private investors, and institutional private equity groups looking to deploy capital into UAE real estate — land acquisitions, development joint ventures, and single-ownership institutional office assets. Deal size focus is $10M and above, with no upper limit.
How does GH Capital structure investor–developer joint ventures?
We design the full JV framework: equity splits, GP/LP mechanics, waterfall return structures, governance rights, development milestones, and exit provisions. We advise both investor and developer sides, ensuring commercial terms are balanced and clearly documented before any capital is committed.
Can you source off-market land in Dubai or Abu Dhabi?
Yes. Off-market sourcing is one of our core capabilities. We maintain direct relationships with landowners, developers, and master developers across Dubai and Abu Dhabi, giving clients access to plots that never reach public listings — including pre-launch and distressed opportunities.
How quickly can you deliver a financial model or investment memo?
For standard deals, we deliver DCF models, IRR analysis, and a full investment memo within 24–72 hours. Our AI-native workflow significantly compresses analysis time without sacrificing institutional depth. Feasibility studies and HBU analysis typically take 3–5 business days.
Do you advise developers as well as investors?
Yes. We work on both sides of transactions. For developers, we raise equity capital, help structure the investment proposition, and connect them with the right investor profiles. For investors, we source opportunities, conduct due diligence, and structure the deal to protect their capital and optimise returns.
What is your fee structure?
We work on success fees, hybrid retainers, or co-investment arrangements depending on the mandate. We deliberately avoid fixed fee structures that misalign our economics with your outcome. Every engagement starts with a scoping conversation at no charge.
What is the institutional office opportunity in Abu Dhabi and Dubai?
Dubai's office market is almost entirely strata-titled, which disqualifies most stock from institutional capital. Abu Dhabi — and specifically ADGM on Al Maryah and Al Reem — operates at 98% occupancy with prime Grade A rents up 30–43% year-on-year. We structure single-ownership Grade A assets that qualify for core fund, sovereign, and REIT mandates, with exit cap rates 150–250bps tighter than any strata equivalent.
How does the investor onboarding and deal process work?
Engagement starts with a scoping conversation — investment thesis, target deal size, hold period, and capital structure preferences. We then present qualified mandates with full underwriting: institutional financial model, market analysis, structure recommendation, and investor memorandum. Senior partner involvement on every interaction. All advisory is conducted with full discretion and structural independence — we do not receive developer commissions that bias recommendations.
Get in Touch

Let's discuss
your next deal

Whether you're looking to deploy capital, structure a joint venture, or explore off-market opportunities — we'd like to hear from you.

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