UAE-based real estate (RE) developer Pantheon Group plans to invest 600 million dirhams ($163.8 million) in Dubai's real estate projects by 2020.

Additionally, the company intends to inaugurate new projects in Jumeirah Village Circle (JVC).

Pantheon Group said that it plans to nearly double the built-up area from 550,000 square feet to 1 million square feet by 2020.

The company has already injected $89.4 million in two projects and will infuse an additional $68 million in JVC by 2020. Pantheon aims to have a 25 percent market share of Jumeirah Village Circle.