Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, United Arab Emirates (UAE), has reported an increase in its profit for the nine-month period ending September 30, 2024, amounting to AED 348.8 million, a significant 47% YOY growth from AED 237.5 million in YTD Sep’23. The announcement was made today in Deyaar’s filing to the Dubai Financial Market (DFM), where its shares are traded. Whereas earnings per share reached 7.51 fills in YTD Sep’ 2024, a 38% YOY increase from 5.43 fils in the same period in 2023. Fuelled by the progress on number of

Reef Luxury Developments – a pioneer in innovative real estate solutions – has announced the launch of REEF 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. The residential properties at this new development boast patented, integrated climate-controlled sunken gardens – a one-of-a-kind in Dubai and the world – providing a practical solution for outdoor living in the UAE's challenging climate. This represents a significant advancement in real estate design, offering an ideal space for relaxation and socialising, regardless of the weather. The project has a total value of AED 175 million and offers a

Driven Properties has added Emaar Square Building 3 to its portfolio through an AED505 million ($137 million) acquisition. Spanning an impressive 378,885 square feet, this acquisition stands as the biggest real estate deal in Downtown Dubai this year and highlights Driven Properties’ dedication to addressing the high demand for premium office spaces in the city’s most coveted area. Nestled in the vibrant heart of Downtown Dubai, Emaar Square Building 3 stands as a prestigious address favored by leading businesses seeking both prominence and visibility. With premium office spaces in this prime location being highly limited, Driven Properties’ strategic acquisition ensures that companies

LEOS Developments, the award-winning British-born international real estate developer, is pleased to announce the launch of Kensington Gardens, the UAE's first of its kind residential community. With a gross development value of  AED 1.1B for the first phase, this visionary project is nestled within Greenwood, Nakheel's expansive 3.95 million sqm green development. Using advanced British technology, Kensington Gardens offers state-of-the-art living spaces that embody the very essence of luxury living, through modern design and timeless craftsmanship. At the heart of every residence, unique branded crystal chandeliers create an inviting ambience of peace and tranquillity for its residents. Kensington Gardens offers a groundbreaking approach to

Bayut and the Dubai Land Department are celebrating the remarkable success of their collaborative property valuation tool, TruEstimateTM. Since its summer launch, TruEstimateTM has surpassed an impressive milestone, with over 100,000 reports generated, underscoring the immense demand for accurate property valuation tools in the market. TruEstimateTM combines Bayut’s cutting-edge technology with the DLD’s comprehensive property data to offer real-time, data-driven property valuations. This achievement highlights a pivotal transformation in the real estate industry, signaling the growth of Dubai’s property market with buyers, sellers, and investors seeking transparency in the UAE’s competitive real estate market. By providing users with detailed, real-time property

OCTA Properties, a leading real estate development management company has launched its new Branded Interior Design and Branded MarComs vertical under the name 'House of Octa'. This announcement follows their prestigious collaboration with Mouawad, a globally renowned name in luxury branding, as a global licensee. OCTA Properties along with the launch of the verticals unveiled its state-of-the-art headquarters located in Dubai Hills. "As OCTA Properties continues to grow and evolve, our new 11,000 sq. ft office will become an innovation and collaboration hub, propelling our mission to deliver world-class real estate projects and build strategic partnerships." said Fawaz Sous, CEO of

AHS Properties announced yet another remarkable achievement that further elevates its high sense of pride in its accomplishments. Last night saw AHS Properties winning two prestigious awards, reinforcing the brand's dedication to excellence in ultra luxury living. These two triumphant moments were proclaimed at the Construction Innovation Awards ceremony, where AHS Properties received the prestigious "Iconic Project of the Year" award, for its landmark development, "Casa Canal". Additionally, the company's Founder and CEO, Abbas Sajwani, received the highly respected "Leadership Excellence in Real Estate" award. This accolade recognizes Sajwani's substantial contributions to the dynamic real estate industry. A visionary Emirati entrepreneur whose

AHS Properties announced yet another remarkable achievement that further elevates its high sense of pride in its accomplishments. Last night saw AHS Properties winning two prestigious awards, reinforcing the brand’s dedication to excellence in ultra luxury living. These two triumphant moments were proclaimed at the Construction Innovation Awards ceremony, where AHS Properties received the prestigious "Iconic Project of the Year" award, for its landmark development, "Casa Canal". Additionally, the company’s Founder and CEO, Abbas Sajwani, received the highly respected "Leadership Excellence in Real Estate" award. This accolade recognizes Sajwani's substantial contributions to the dynamic real estate industry. A visionary Emirati entrepreneur whose name

Bungalo34, the chic beachside restaurant located on the picturesque Pearl Jumeira Island, is set to introduce an innovative new menu on November 1. Inspired by the essence of the Riviera, the allure of the sea, and the spirit of the 70s, Bungalo34 is the place where one can leave their cares at the door and step back into a golden era. With this new menu, Bungalo34 embarks on the next chapter of an exciting, new food journey. Within its very first year of opening, Bungalo34 experienced a bustling and highly successful season. "I took a moment to reflect on what Bungalo34

The launch of Binghatti Skyrise has set a new benchmark in Dubai's real estate market, with 50% of its units sold out within the first 24 hours. This remarkable demand highlights the appeal of this one-of-a-kind development. The exclusive unveiling event, held at The Meydan Hotel’s Sky Bubble on October 30th, drew over 5,000 guests, including prominent investors and high-net-worth individuals from the region. Binghatti revealed the project location with a stunning light display that illuminated the Dubai skyline, symbolically marking the project’s place in the city’s future. “Binghatti Skyrise is more than just another development; it’s a statement in Dubai’s evolving