May 2024

Sobha Realty, a globally leading real estate developer, made a revolutionary move by unveiling industry-first holographic display to enrich the consumer experience, this display utilises mixed reality to provide customers with an immersive experience to envisage how the life at the Sobha developments would be, thus empowering them to make a more informed decision. This advanced method allows visitors to explore the nuances of Sobha Realty’s developments in an engaging and interactive manner, while presenting the company’s projects in breathtaking detail. By leveraging mixed reality, Sobha Realty now sets a new benchmark for the real estate sector, offering potential buyers a

Acube Developments announces the launch of Electra, a 38-floor residential tower in Jumeirah Village Circle (JVC), Dubai, which offers residents more than 50 amenities. Construction is set to begin in Q2 2024 and handover is anticipated in Q2 2027. Inspired by the blue-white star in the constellation of Taurus, Electra will offer 278 luxurious apartments including studio, 1-, 2-, and 3- bedroom units, all equipped with Bosch appliances and Roca sanitary ware with impeccable finishings and a beautifully crafted Italian kitchen. All units are installed with the latest smart home solutions and come fully furnished with 3 furniture design options to

A five-bedroom residence in the prestigious Villa Amalfi community on Jumeira Bay Island has broken records as the most expensive townhouse ever rented in Dubai. At AED 3.7 million a year, it is also one of the most valuable rental deals in Dubai, ever. The 5,192sq. ft townhouse was offered fully furnished to exquisite standards, complete with Christofle cutlery, Hermès furnishings and an array of striking contemporary art. Along with modern and stylish interiors, it features a private gym, a sauna, a spacious rooftop terrace with unrivalled skyline and sea views, and endless premium finishes. The gated, super exclusive Villa Amalfi offers

Azizi Developments, a leading private developer in the UAE, has signed with UAE-based National Engineering Bureau for the detailed design of eleven residential towers in its mixed-use development, Azizi Venice, located in Dubai South. The National Engineering Bureau (NEB), established in 1984 in Dubai, is an architectural and engineering consultancy known for its innovative and sustainable output. NEB offers a wide range of services, including architectural design, engineering, project management, interior design, and urban planning. Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are thrilled to be partnering with the highly esteemed National Engineering Bureau for our Venice project.

Devmark, the UAE’s leading real estate project sales and marketing consultancy, along with ABA Group and Kempinski Group, proudly announces the official sales launch of Kempinski Marina Residences, Dubai. This prestigious project promises future residents a seamless blend of refined elegance and modern convenience in one of the city’s most coveted locations. Devmark will lead the sales and marketing for the branded residence, which garnered hundreds of expressions of interest ahead of the official launch. Within the first 48 hours of the launch day alone, sales exceeded one billion dirhams. This extraordinary initial success reflects the strong appetite for branded residences

LEOS Developments, the renowned international property and lifestyle developer, is proud to announce that Weybridge Gardens has officially sold out. The vibrant modern lifestyle community located in Dubailand captured the hearts of homebuyers and investors alike, cementing its reputation as a benchmark for high-quality design, contemporary living and next-generation amenities. Weybridge Gardens is a contemporary residential development comprising 187 high quality apartments. Each immaculately designed residence offers a perfect blend of form and function, featuring spacious layouts, elegant interiors, and inviting outdoor spaces. Weybridge Gardens will be home to studios and one-bedroom apartments, ranging from 484 sq.ft. to 1,141 sq.ft., adhering to

As the Dubai property market continues to break records in 2024, leading consultancy haus & haus Real Estate says the Palm Jumeirah is performing especially well on the sales front, with luxurious beachfront homes on the Fronds being targeted by wealthy global buyers. In particular, haus & haus experts say Garden Homes are seeing high demand in 2024, with ten sold and transferred in the first quarter of this year and that amount on track to double in the second quarter. The Garden Homes are part of a select group of properties known for their distinctive design and generous living spaces, with floor plans

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah. A subsidiary of Sobha Group, Sobha Modular Industries manufactures aluminium facades and bathroom pods with the use of cutting-edge AI-based CNC machines and robotics in its 250,000 m2 facility. The new manufacturing unit boasts a production capacity of 50 pods per day, with plans to double this output by year-end. It also produces 1,800 m2 of aluminium products daily, with major upgrades on the horizon. Moreover, this set-up is expected

Dubai's real estate market has reached a new pinnacle with the record sale of a villa for AED 61.5 million in the Al Wasl District, setting a new standard for luxury properties in this prestigious area. Developed by Nordic by fäm Real Estate Development, this sale not only marks the highest price ever fetched in the district, but also highlights the unique appeal of what Firas Al Msaddi, CEO of fäm Group, calls the "downtown villas of Dubai." This remarkable community offers the closest freehold villas to iconic Dubai landmarks such as the Burj Khalifa, Dubai Mall, Jumeirah, Al Wasl Canal, Sheikh

ZāZEN Properties, a leading homegrown sustainable property developer in the UAE, highlights that Dubai’s real estate market is poised for a strong surge in 2024, particularly in the off-plan segment. The first quarter of 2024 has already shown significant growth, with off-plan sales representing 63% of all transactions. During these three months, overall transaction volumes reached an all-time high of 35,100 units, up 35% from the previous quarter. Moreover, 83% of all transactions from January to April were for apartments, while the remainder were attributed to villas. Madhav Dhar, COO and founding member of ZāZEN Properties, commented: ‘The UAE’s residential market