A Dubai-based property developer has unveiled the first stage of plans for a £2.5 billion new town in east London, which would include 5,000 homes. The scheme forms part of a wider push by Emirati investors into UK real estate and reflects growing overseas interest in large-scale regeneration projects across the capital.

Details of the proposal are still emerging, with the developer setting out an initial phase as part of the broader masterplan. The project's scale, both in terms of investment and housing numbers, positions it among the more significant new town developments planned for London in recent years, though further specifics on location, timescale and planning approval are expected as the scheme progresses.