With the UAE’s real estate market continuously prospering, the requirement for industry specialists becomes more of a necessity for key players looking to expand their services in this very competitive market. According to data analytics online platform, Statista, the UAE real estate market is anticipated to reach a value of just over AED 2.6 trillion (2.6057) by the end of 2024, with high-net-worth individuals (HNWIs) playing a key role in this surge, driven by their interest in luxury property investment. In the first three months of the year, 105 luxury homes were sold in Dubai, bringing it closer to matching the

Real estate developer Sobha Realty has launched what it calls an industry-first holographic display to enrich the consumer experience. The display utilises mixed reality to provide customers with an immersive experience to envisage how the life at the Sobha developments would be, in an engaging and interactive manner. Ravi Menon, Co-chairman of Sobha Group, said: “We aimed at ensuring an engaging and dynamic visualisation of our projects by combining physical and digital worlds, offering a realistic preview that traditional methods cannot replicate. “This initiative will further improve user experience at our sales galleries and represents an extension of the company’s ongoing efforts to

Swank Development unveiled its exceptional "Lua Residences" project, located in the Mohammed bin Rashid City in Meydan. The project, with a total cost of over 320 million dirhams, was launched during a distinguished event attended by a group of VIPs and investors. This project marks a new chapter for Swank Development and is its first project that falls in line with Dubai's vision to provide an exclusive lifestyle and an unparalleled living experience for everyone. "Lua Residences" is distinguished by uniqueness, offering a limited collection of 42 villas ranging from 4 to 6 bedrooms that integrate high-end interior designs that cater

Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments, and one of the leading manufacturers of steel structures in the Middle East, announces the achievement of major contracts valued at over AED 225 million, underscoring EBS's position as a trusted partner in the region's steel manufacturing and construction industry. Among the significant new projects are Advanced Manufacturing Plant, AMP-2 for LucidMotor in King Faisal Abdullah Economic City, Saudi Arabia, the Catering Central Building and Laundry Building for Catrion in the Red Sea, Saudi Arabia, the ADNOC Gas Processing and Habshan CO2 Recovery in Abu Dhabi, UAE and part of

Dubai's real estate market continues to show resilience and strength, driven by two main factors: sustained demand and the effects of inflation. These elements contribute to a robust market environment that attracts both end-users and investors. Sustained Demand One of the primary factors bolstering the Dubai real estate market is the persistent strong demand. This demand has been capable of absorbing the available supply, a trend expected to continue as numerous off-plan projects reach completion. The handover phase of these projects, projected to begin heavily in Q1 2025, will be a critical period. The optimistic outlook hinges on Dubai's established reputation as a

Dubai South Properties is announcing the launch of South Living, a luxury apartment project in Dubai South’s Residential District, which sets new standards in premium apartment living. The launch is part of the company’s well-studied approach and its successful track record of developing, selling and delivering large-scale residential projects. South Living comprises of 209spacious units including studios, 1-, 2-, and 3-bedroom apartments, as well as special-terraced units, offering a mix of indoor and outdoor living experiences, to create a new benchmark in lifestyle excellence. This project is designed to cater to the evolving preferences of discerning buyers and investors who do

Driven Properties has once again demonstrated its market dominance with a new record-breaking transaction, this time for the most expensive villa ever sold on Jumeira Bay Island. Part of the prestigious Sea Mirror project, an exclusive seafront community of architectural masterpieces designed by celebrated firm Jacobsen Arquitetura, the villa was sold by Driven Properties' star agents Lina Allaoa and KianoushDarbanfor AED 175 million. Set on a 15,000 sq ft plot with a built-up area of 17,500 sq ft, it boasts five opulent bedrooms, a 25m lap pool in the basement, a state-of-the-art gym, a spa, sauna and steam room, a wine cellar,

Dubai Land Department qualified 166 young Emirati citizens through the Dubai Real Estate Brokers Programme, which was launched earlier this year and is considered one of the most important programmes of the Dubai Social Agenda 33. The recognition took place during a ceremony organized by the Dubai Land Department in collaboration with the New Economy Academy and held at Emirates Towers Boulevard, attended by Mohammad bin Abdullah Al Gergawi, Chairman of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum, His Excellency Mattar Al Tayer, Commissioner General for the Infrastructure, Urban Planning and Well-Being Pillar, and His Excellency

A groundbreaking ceremony was held on Thursday 4thJuneto mark the beginning of construction for Turkish hospitality company Rixos’ first ever standalone residential project. Developed by East and West Properties and presented by Driven Properties and Refine Development Management, Rixos Financial Center Road Dubai Residences sets a new standard for luxury living in the UAE. Rixos Financial Center Road Dubai Residences launched to huge success in January 2024, seeing over AED 1 billion sales in just one day. Located in Downtown Dubai, the tower will soar to an impressive 345 meters, with 84 stories comprising 225 exceptional residences ranging from 1 to

Peak Summit Development announces the second phase of its highly demanded The Orchard Place, a Luxury European inspired residential community in the heart of Jumeirah Village Circle, Dubai, following the complete sale of units in Tower A and B. Demand for the units was driven by the well-appointed living spaces, attention to detail and contemporary finishings, as well as the prime location of the community. Tower C will have a height of 20 floors and offers 193 units including studios, 1BHK, 2BHK, 3BHK, luxurious 2-storey penthouses & townhouses with spacious terraces and private swimming pools, with units boasting impressive ceiling height