December 2024

Ellington Properties, Dubai’s leading design-driven boutique developer, has appointed Aroma International Building Contracting as the main contractor for The Sanctuary, its first villa community in the heart of Mohammed Bin Rashid City (MBR City). Scheduled for completion in Q2 2026, The Sanctuary is a masterfully designed gated community that blends serene surroundings with innovative living spaces and exceptional amenities. The Sanctuary offers residents an immersive connection to nature, with uninterrupted views of a crystal lagoon, lush parklands, and Dubai’s iconic skyline. Each villa has been thoughtfully designed to provide a seamless blend of form and function, featuring spacious layouts, abundant natural light,

Azizi Developments, a leading private developer in the UAE, has announced that construction at Creek Views III,its AED 350 million luxury development on the shores of the iconic Dubai Creek in Dubai Healthcare City, has reached15% construction completion and is scheduled for its previously announced handover date inQ12026, with an earlier, ahead-of-schedule date being aimed for. The project’s progress has been swift, with structural work and blockwork now at 38%and 5% respectively. The manpower has also been increased to 354 to speed up the pace of construction even further. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “We

Dubai Sotheby’s International Realty has announced the sale of a magnificent nine-bedroom mansion in Hills Grove, Dubai Hills Estate for a record-breaking AED 200 million. This surpasses the firm’s previous record of AED 145 million set less than two months ago. Dubai Sotheby’s International Realty represented both buyer and seller in this landmark transaction, with Senior Global Property Consultant Renit Shah acting for the buyer. The fully furnished mansion, sits on a sprawling 37,700+ sq ft private plot and spans four levels, including a rooftop terrace and basement. Features include a large private garden and a unique boomerang-shaped swimming pool.  Its

ZāZEN Properties, a leading sustainable,homegrown and award-winning real estate property developer in the UAE, announces that its latest development, The Hub Residences, launches next week. The new development has already secured very high interest amongst buyers and is expected to be sold out in the next few days.The Hub Residences, amodern community offering a redefined living experience through exceptional design and connected lifestyle amenities.The launch coincides with Dubai’s thriving off-plan market, which recorded an impressive 46% year-on-year increase in transaction volume in November. Over the past five years, transaction volumes have steadily risen, highlighting the city’s enduring appeal and resilience. Madhav

Mr. Eight Development, a European property developer, announced its entry into the UAE real estate market to deliver premium residential projects on Dubai Islands. With over 20 years of European expertise, Mr. Eight Development is set to re-invent family living in the UAE by introducing innovative, boutique-inspired residences that prioritize stylish design and bespoke guest experiences. “We are thrilled to bring our European mindset and proven expertise to Dubai and will focus on creating welcoming living environments that residents love returning to every day,” said Emils Daujats, Director at Mr. Eight Development. “Our projects will reflect the small boutique resort experience, giving

MERED, the reputed international real estate developer, has officially announced SERA Group, a leading name in the Turkish construction industry, appointing them as the general contractor for its flagship project - ICONIC Residences design by Pininfarina - a residential landmark set to redefine luxury living in Dubai Internet City. SERA Group’s extensive portfolio includes residential developments, hotels, healthcare and educational facilities, and industrial projects. Their residential and hospitality portfolio includes well-known projects such as Address Residences Dubai Opera and Il Primo next to Dubai’s landmark Burj Khalifa, as well as Skyview Tower and Barbaros Reserve Bodrum Residences which is managed by Kempinski. Michael

Dubai’s real estate development and management leader, Wasl has announced that units in Al Diyafah Residences are now ready for leasing. The project comprises 126 apartments, 40 townhouses and four retail shops with adequate parking facilities located centrally in Dubai - in the prime Al Bada'a neighbourhood, adjacent to Jumeirah Rotana Hotel and behind Al Ghazal Mall. The project is designed to meet the diverse needs of residents and features modern amenities including a swimming pool and gym. It offers convenience, accessibility, comfort, luxury, and community living, making it an ideal choice for those seeking quality residential and retail spaces in

The Mohammed Bin Rashid Housing Establishment (MBRHE) announced yesterday the signing of a Memorandum of Understanding (MoU) with Danube Properties. The agreement aims to strengthen cooperation in the fields of innovation and sustainability within the housing sector. The MoU was signed by Mr. Thilal Khalifa Al Falasi, Assistant CEO for the Corporate Support Sector at MBRHE, and Mr. Rizwan Sajan, Founder and Chairman of Danube Group. The MoU seeks to establish a partnership between the public and private sectors to drive innovation in housing projects and adopt the latest technologies to deliver innovative solutions that meet citizens’ needs and align with

Savills Middle East is proud to announce its recognition as the “Best Real Estate Agency in the Middle East” at the Euromoney Real Estate Awards 2024. This accolade reflects the company’s exceptional expertise and its unwavering commitment to delivering world-class real estate services across the region. This recognition comes during a period of significant growth for Savills Middle East. Over the past year, the firm has expanded its operations in the UAE, enhancing its residential team and securing additional office space to accommodate over 100 new staff members. These developments align with Dubai’s exceptional residential property market performance, which has seen

Al Barari, one of Dubai’s most exclusive and private super-prime property hotspots, has yet another custom-built, super-prime mansion launched to market, showing the continued allure of Dubai’s ‘hidden gem’ amongst private Developers. Range Developments, a renowned private UAE developer, has completed the construction of R9 Mansion in the exclusive enclave of The Collection in Al Barari. This custom-built mansion, crafted over two years, follows the success of the adjacent R8 Villa, a super-prime property sold for AED 42 million in 2023 by Maria Morris Global and Knight Frank. They aim to build on the momentum from this high-profile sale and continue