Binghatti Holding Ltd (“Binghatti” or “the Company”), a leading UAE luxury real estate developer, announced an outstanding financial performance in 2024, with net profit attributable to shareholders soaring 152% to a record AED 1.83 billion, compared to AED 0.73 billion in 2023. The Company’s exceptional growth was fueled by unprecedented demand for luxury properties in Dubai and the successful launch of new projects, driving the company’s highest-ever sales. Binghatti reported AED 11.6 billion in total sales, which translated into a surge of almost 200% in revenue to AED 6.3 billion, underscoring the Company’s commitment to operational excellence and strong market positioning

LEOS Developments is elevating Dubai's real estate landscape with a portfolio of nine projects that offer timeless contemporary design, world class amenities and meticulously crafted interiors by British and European architects. Dubai's luxury real estate market is evolving with discerning buyers seeking residences that go beyond opulence to offer a refined sense of well-being. At the forefront of this shift, LEOS Developments integrates natural elements into British design. LEOS Developments is weaving wellness into the fabric of everyday life. Kensington Gardens in Greenwoods will have crystals embedded within walls and decorative elements such as chandeliers. Each crystal is chosen for its

Dubai’s real estate sector continues to surge, with Danube Properties—one of the city’s leading private developers—launching its latest luxury project, TIMEZ by Danube. Located in Dubai Silicon Oasis (DSO), a rapidly expanding hub for technology and innovation, the project promises to redefine modern sophistication with flexible, innovative living spaces and an enticing payment plan. What sets TIMEZ by Danube apart is its customisable living spaces, designed to evolve with the needs of residents. Buyers can choose from a range of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments, many of which feature convertible layouts. Studios can be transformed into 1-bedroom apartments, while 1-bedroom units can

The International Cricket Council (ICC) today announced a major new partnership in which the international luxury real estate brand Sobha Realty has become a Global Partner for ICC Men’s events. The partnership will showcase Sobha Realty’s meticulous attention to detail and will draw synergies with the moments of brilliance that are synonymous with ICC pinnacle events. It reinforces Sobha Realty’s position as a leading global real estate player, reflecting a shared pursuit of excellence, precision, and global influence. Spanning a visible presence in-stadia and with further touchpoints across broadcast and digital channels, ICC and Sobha Realty will develop content that celebrates the

Dubai’s ultra-luxury real estate sector is set to continue its robust growth trajectory in 2025, fuelled by strong demand, limited supply, and a steady influx of high-net-worth individuals (HNWIs), a new market study says. Over the last ten years, sales of luxury Dubai villas and apartments valued above AED15 million have risen dramatically, reaching AED 71 billion in 2024 for the second year in a row, an increase of almost 688% since 2015. However, while just over 326,000 are properties currently under construction in Dubai, a fäm Properties report today reveals a clear picture of the limited number of luxury or ultra-luxury

Dubai South Propertiesannounces the successful launch of Beachfront Gates, an exclusive apartment development in Dubai South’s Residential District.This new project comes in response to the overwhelmingdemand for apartments in Dubai South, following the highly successful debut of South Living, which tapped into the growing appeal of the area as a premier destination for modern living. Beachfront Gates comprises two residential towers, both offering uninterrupted breathtaking views of the beachfront community and lagoonwithin the master development. Currently, only one of the two towers—Beachfront Gates Tower 2—is available for sale, that features 157 spacious units, including one-, two-, and three-bedroom apartments, along with

Emaar Properties registered a 72% year-on-year (YoY) surge in property sales to AED 70 billion ($19 billion) in 2024, the highest ever it said. Revenues reached an all-time high of AED 35.5 billion in 2024, a 33% increase YoY, bolstered by record property sales, the Dubai-listed company said. The group’s revenue backlog from property sales surpassed AED 110 billion as of December 31, 2024, rising 55% from 2023, which indicated “robust revenue growth for the coming years”. Net profit attributable rose 16% to AED 13.51 billion in 2024 compared to AED 11.64 billion in 2023. Emaar acquired 141 million square feet of development land

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP), released its outstanding audited financial results for the fiscal year 2024, recording an operating profit of AED 161.8 million, with an annual growth rate of 59% percent, and a total comprehensive income of AED 395 million. Additionally, revenue generated from customer contracts increased to AED 528.7 million, up from AED 508 million in 2023, underscoring the robust operational performance and strategic growth of the Company and its subsidiaries. The results further highlight Union Properties’ remarkable achievements in debt restructuring, with total repayments amounting to AED 723 million completed in 2024,

Sobha Realty, a leading global luxury real estate developer, has announced its flagship Dubai project, Sobha One, has been awarded the prestigious Green Mark Platinum Super Low Energy (SLE) certification by Singapore’s Building and Construction Authority (BCA). This milestone achievement makes Sobha One the first building outside Singapore to earn this distinction, highlighting Sobha Realty’s commitment to environmentally friendly living experience. In addition to the SLE certification, Sobha One has also been recognised with the Whole Life Carbon badge in testament to the project’s dedication to low-impact development and eco-conscious design. The Green Mark certification is a globally recognised benchmark for environmental resourcefulness,

Dubai’s residential resale market continued its impressive performance in 2024, demonstrating resilience and strong growth across various segments, according to a new report by Metropolitan Premium Properties, a division of the Metropolitan Group. The report reveals total transaction value increased by 25.3% to over AED 155.72 billion, driven by a robust economy and sustained population growth. Despite global economic uncertainties, Dubai’s resilient real estate market remains attractive to both domestic and international investors. “Dubai’s real estate market has once again outperformed expectations and 2024 was no exception,” said Svetlana Vasilieva, Head of Secondary Sales at Metropolitan Premium Properties. “The data clearly shows