Majid Al Futtaim Receives Global Real Estate Sustainability Benchmark ‘Green Star’ Rating For The 11th Consecutive Year
Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, has received the esteemed Green Star designation from the Global Real Estate Sustainability Benchmark (GRESB) for the 11th consecutive year, reflecting the company’s commitment to high standards in environmental, social, and governance (ESG) practices. Majid Al Futtaim has also been recognised as the Region Sector Leader, Non-Listed, in the Residential, Asia, category. GRESB serves as the foremost standard for evaluating ESG performance in global real estate and infrastructure sectors. The assessment covers various performance indicators, such as energy use, greenhouse gas emissions,
Tranquil InfraDevelopers Launches With Investments Over $50M In UAE’s Real Estate Market
With a visionary team of industry veterans, Dubai is increasingly growing into an ideal investment hub with high sales and rental returns. Tranquil Infra, a boutique developer that specializes in niche real estate projects is at the forefront of reshaping Dubai’s skyline unveiling Blossom76, an epitome of true elegance with exceptional living, rising majestically in the heart of Jumeirah Village Circle, Dubai. Blossom76 offers 111 residences – Spacious Studios, 1 Bed Apartments with Study and Plunge Pool, 2 Bed Apartments with Laundry, Study, and a Private Plunge Pool. Recreational Amenities include a beautiful mix of Kids play area, Swimming pool with
Kamdar Announces Launch Of New Residential Development In Dubai’s JVC
Kamdar Property Development announces the launch of its new JVC project, 105 Residences by Kamdar. The Dubai-headquartered developer has four decades of heritage in global property development, until now building high-end projects solely for private buyers and its own investment portfolio. This new project marks a significant step in the company's roadmap as it aims to grow its pipeline of developments available to public investors across the UAE. 105 Residences by Kamdar is an exclusive new community in a prime location in the popular residential neighbourhood of JVC. Its design by award-winning architects, aims to deliver superior quality at an attainable
Following The Phenomenal Success And Sell-Out of Its First Project Saria, BEYOND Developments Launches Orise – Continuing To Set New Standards In Waterfront Living At Dubai Maritime City
Following the phenomenal success and sell-out of Saria—BEYOND’s first development—real estate pioneer BEYOND today launched Orise, its second signature project within the master-planned development at Dubai Maritime City (DMC). This latest milestone continues BEYOND’s mission to set new standards in waterfront living by delivering thoughtfully designed creations that blend urban sophistication with the serenity of coastal living. Offering cinematic views of Dubai’s iconic skyline and Creekside, Orise is a sought-after development designed by globally renowned Nabil Gholam Architects, complemented by exceptional interior finishes by Hirsch Bedner Associates (HBA), one of the world’s top hospitality design firms. Located at the crossroads of
Dubai South Signs Agreement With BT Properties To Develop A Unique Master Community At The Golf District
Dubai South, the largest urban master development focusing on aviation, logistics, and real estate, has announced the signing of an agreement with BT Holding LLC, Dubai. The agreement entails the development of a gated-master community within Dubai South’s Golf District, located near Al Maktoum International Airport. The agreement was signed by HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Ahmed Ali Riaz Malik, Group Chief Executive Officer, in the presence of Nabil Al Kindi, CEO of Dubai South Properties, Malik Riaz Hussain, Founder and Chairman of Bahria Town, as well as other senior executives
AQUA Properties Launches Dh477mln ‘The Community Sports Arena’ Project For Smart, Sustainable Living
AQUA Properties, renowned for its innovative developments and commitment to smart, sustainable living, unveils its latest project in Dubai Sports City: The Community Sports Arena. Valued at AED 477 million (USD 130 million) and slated for completion by Q4 2027, this modern residential development is set to transform urban living. By merging lifestyle, work, and well-being into a single dynamic community, The Community Sports Arena sets the bar for integrated living spaces in Dubai. Building on the successes of The Central Downtown and The Community Motor City, this project further strengthens AQUA Properties' reputation as a leader in creating integrated environments that meet
Sobha Realty Extends Sponsorship Agreement With Al Nasr Club
Sobha Realty, a leading luxury real estate developer in Dubai, has renewed its sponsorship agreement with Al Nasr Club’s first football team, reinforcing its commitment to supporting the sports sector both locally and internationally. Sobha Realty is dedicated to empowering youth, nurturing their potential through education, sports, and skill-building initiatives that inspire growth and future leadership—and the Al Nasr partnership is yet another step towards that commitment. The agreement was formalized during a meeting held at Al Nasr Club’s headquarters, attended by H.E. Mansoor Alfalasi, Chairman of the Board of Directors of Al Nasr Club Investments Company, Mr. Mohammad Junaid and Mrs.
Record-Breaking AED 4M Rental Apartment Secured By Vasileios Kandris At One At Palm Jumeirah
Vasileios (Bill) Kandris, Senior Property Consultant at Dacha Real Estate, has successfully brokered a record-breaking AED 4,000,000 (approximately $1.1 million) annual rental deal for a penthouse apartment at One at Palm Jumeirah. This landmark transaction stands as one of the most significant rental agreements for a residential apartment or penthouse in Dubai’s history. The 7,450-square-foot apartment offers a seamless blend of opulence and exclusivity. Fully upgraded and furnished, the residence boasts a private pool and a vast terrace with panoramic views of Dubai’s most iconic landmarks, including the Palm Jumeirah, Ain Dubai, Burj Al Arab, and the Burj Khalifa. The interior
UAE’s Aldar Acquires Tower In Dubai DIFC For $626mln
Abu Dhabi's biggest developer Aldar Properties has acquired a commercial tower in Dubai’s key financial district for 2.3 billion dirhams ($626 million), in one of the largest such acquisitions. The tower is being acquired from Dubai developer H&H Development, which has built projects in DIFC, including the Four Seasons Hotel Dubai International Financial Centre. The project, with 40 floors of commercial and retail space, is set for completion in 2028. Aldar, 25%-owned by Mubadala and 26% by International Holding Company, reported nine-month 2024 net profit of AED 4.6 billion, up 52% year-on-year. The developer has projects across the UAE, Egypt and London. H&H Development, founded
Dubai Real Estate Has Another Busy Month With Property Sales Worth AED40 Billion
Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 property sales with an overall value of AED40 billion in November. A market update issued today by fäm Properties showed that apartment sales worth AED19.9 billion rose 31.2% in volume to 10,857 compared with the same month last year. November also generated 1,903 villa sales for AED10.2 billion as well as 387 plot sales worth AED8.1 billion, although volumes were down 35.8% and 39.6% respectively on the same month in 2023. Meanwhile, 354 commercial property transactions amounted to AED1.3 billion, an increase of 5% in volume compared with November