IMAN developers, a leading Dubai-based luxury residential developer, has announced the groundbreaking of the One Park Central project, a landmark mixed-use development in the heart of Jumeirah Village Circle (JVC). Valued at AED 700 million, IMAN developers aim to redefine urban luxury living with One Central Park’s innovative design and extensive amenities. Strategically located facing Central Park in JVC, One Park Central is set to become a vibrant community hub offering an exceptional lifestyle to its residents. The development boasts an impressive array of features, including state-of-the-art fitness and wellness facilities and beautifully landscaped areas that foster a sense of community

Bayut, the leading property portal in the UAE, has released insights into the most searched areas in Dubai's real estate sector for the first half of this year. Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai's most searched-for areas have risen again, countering any speculations of a slowdown. Despite the ongoing increase in property prices, Dubai remains highly affordable compared to other luxury real estate destinations worldwide, making it an attractive option for new and institutional investors, solidifying the city’s position as a global investment hub. Trends for Buying Properties in Dubai Bayut's data indicates

With demand for both off-plan and ready properties in Dubai at an all-time high, developers are locked in an intense battle to win over real estate investors. Firas Al Msaddi, CEO of fäm Properties, says more options for buyers in a maturing market means that developers are battling on several fronts to get their attention. “The abundant supply of residential property is influencing buyers and investors to become more selective when choosing a project, and even an individual unit,” says Al Msaddi. “This is one of the signs of a maturing market. As a result, the competition between real estate developers is intensifying,

Aafaq Islamic Finance PSC has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU). This agreement designates Aafaq as an authorized financial institution to provide escrow services, joining a select group of accredited account trustees managing off-plan project funds for real estate developers in Dubai. This collaboration aims to support the UAE real estate market's growth amid rising demand for homes. These specialized escrow accounts are designed for real estate projects, holding funds collected from off-plan investors or project financiers. They ensure a smooth construction process and protect investors' interests,

Zoya Developments, a prominent real estate developer from India, announced its expansion into the UAE market with Investment of over AED 2 Billion allocated for the next 3 years. This landmark entry is marked by the unveiling of their first project in Dubai's thriving Furjan area, with a projected handover in 2026. Zoya Developments' inaugural projects in Dubai will be located in thriving localities like Furjan, Dubai Islands & JVT, promising new benchmarks in residential living. These soon-to-be revealed projects will feature spacious layouts, integrated outdoor spaces, and cutting-edge smart home technologies, all designed with a customer-centric approach. For 14 years, Zoya

Refine, a pioneering real estate development and management company, is leading the charge when it comes to empowering investors and developers to enter the market with confidence. Founded on the game-changing, first-of-its-kind Development as a Service (Daas) concept, Refine offers investors the chance to harness generations of real-estate expertise and the power of Refine’s fully-fledged team and network, eliminating the need to build their own infrastructure. Spearheaded by Thomas Wan, a second-generation entrepreneur and Managing Partner at Refine, the company is redefining how investors and developers enter the market, and has already achieved a management portfolio in excess of AED 7

DAMAC Group, a leading conglomerate known for its diverse investment portfolio, has announced a significant increase in its investment in the rapidly evolving Artificial Intelligence (AI) sector. DAMAC Group announced notable investments in leading AI companies including a $50 million in the AI startup, Anthropic – as one of the top investors who have bought into the company from the cryptocurrency exchange, FTX. The Group has also made investments in xAI – an American AI startup founded by Elon Musk and in Mistral – a France-based AI company which is one of the best European large-language model open source. This strategic

DHG Properties, a leading real estate development company operating within DHG Holding, which has a distinguished legacy of over three decades, unveils insights regarding the burgeoning trends in the UAE real estate market. The firm states that price growth in Dubai’s residential market has continued to accelerate, with a notable increase from 20.3% in February 2024 to 20.7% in March 2024. Blagoje Antic, Founder and Director of DHG Holding, which encompasses DHG Properties among its approximately 30 subsidiaries, explains how these trends are driving the sector’s success and emphasizes that understanding these dynamics is crucial for navigating the competitive landscape. Property

Azizi Developments, a leading private developer, has signed an agreement with fellow UAE-based company, Fiorette, which specializes in high-end, luxury surfaces,for the supply of top-notch swimming pool tiles for its mixed-use Dubai South development, Azizi Venice,and the fourth phase of its mega-project, Riviera, located in the heart of MBR City. Renowned for its bespoke floor and wall solutions, Fiorette combines unparalleled craftsmanship with exquisite materials such as natural stone, marble, and porcelain. Catering to both residential and commercial projects, the company tailors each design and installation to meet the unique aesthetic and functional requirements of its clients. Expanding beyond borders, Fiorette

The number of homes available for sale in Dubai's prime residential markets – Emirates Hills, Jumeirah Bay Island, Jumeirah Islands and The Palm Jumeirah – has fallen by 47% over the last 12 months to 2,851 properties, according to the latest analysis from global property consultant, Knight Frank. Faisal Durrani, Partner – Head of Research, MENA, explained: "The global super-rich remain fixated by Dubai, which is overwhelming the supply of luxury homes in the city. Indeed, the volume of demand for property in Emirates Hills, Jumeirah Bay Island, Jumeirah Islands and The Palm Jumeirah has resulted in a 47% drop in the number of