June 2025

Dubai’s ultra-luxury property market shows no sign of cooling. Driven | Forbes Global Properties has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island for a combined amount of more than AED 282 million, reinforcing the emirate’s place among the world’s most resilient prime residential hubs. The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED 146.6 million, while the second, achieved AED 136.25 million. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views

As of March 2025, Danube Properties had over 21,000 residential units and had launched 34 projects, 18 of which have been delivered, while 16 are under construction. In 2024, it launched two projects, BAYZ101 and BAYZ102, featuring towers with over 100 floors. In April 2025, the developer completed its Opalz project five months ahead of schedule. Danube Properties oversees a sellable area of 15 million square feet, valued at over $7.1 billion.

On Tuesday, June 17th, LEOS Developments will host a toy donation drive at its amphitheatre in partnership with the Dubai Charity Association, with the aim to support underprivileged children across the city. This community-driven event is part of a broader effort to bring joy and a sense of belonging to vulnerable children, many of whom have been left without stable family support, whilst encouraging residents to come together in the spirit of giving. The initiative reflects LEOS Developments’ commitment to social responsibility and creating value beyond the built environment. The event builds on LEOS’ growing partnership with the Dubai Charity Association,

DMCC, the leading international business district that drives the flow of global trade through Dubai, and Signature Developers have officially broken ground on W Residences Dubai – Jumeirah Lakes Towers (JLT), in collaboration with Marriott International, marking a significant milestone in the evolution of JLT as one of the most vibrant and upscale residential districts in Dubai. Set to rise 38 storeys, including 33 residential floors, three basements, two podiums, a ground floor, and amenities level, W Residences JLT is anticipated to house approximately 185 exclusive residences including 1-, 2- and 3-bedroom units as well as 4-bedroom penthouses. The elevated positioning

Dubai South Properties has announced the launch of South Square, a new luxury residential development strategically locatedalong Sheikh Mohammed Bin Zayed Road, just minutes from the recently announced new terminal atAl Maktoum International Airport. The S4 Tower within the project was launched and completely sold out within just three hours. The project reinforces Dubai South’s vision of creating integrated, people-centric communities and comes in response to strong demand from investors and end-users drawn to the area’s growing appeal. South Square is a thoughtfully-planned community offering over 550 apartments in a mix of one-, two-, and three-bedroomslayouts. Elegantly designed with a focus onwellbeing

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Central Asia,today announced two significant milestones for its forest living concept, Ghaf Woods – the establishment of a dedicated tree nursery to support the project’s biophilic design concept and the appointment of Innovo Build as the main contractor for its first two phases. With Ghaf Woods set to become a model for sustainable forest living in Dubai, the nursery will be the cornerstone of this vision, where thousands of native and climate-resilient tree species will be grown and nurtured over the next

Chestertons MENA, one of the world’s most established real estate advisories, has released new data confirming a sharp rise in commercial real estate activity across the UAE. The firm’s Q1 2025 Market Report shows a 50.4% year-on-year increase in commercial leasing, alongside double-digit growth in villa and townhouse transactions — underscoring the powerful convergence of market demand, investor confidence, and regulatory readiness. Office leasing led the commercial sector, recording over 101,000 transactions — a 62.7% increase compared to Q1 2024 — while retail leasing saw 36,000 transactions, amounting to AED 3.4 billion. Land leasing also posted steady gains. The data points to robust corporate expansion, growing business

The Dubai real estate market set a new all-time monthly sales record of AED 66.8 billion in May, a 49.9% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 18,693 transactions also made it the second best-selling month on record in terms of volume. The company’s CEO, Firas Al Msaddi, says the data from DXBinteract underlines the strength and stability of a market which is evolving, without any broad threat of oversupply in the residential sector, but now facing an undersupply of office space. In response to a recent

AYS Developers, one of the region's fastest-rising names in luxury real estate, has officially made history. AYS Developers, in partnership with Dr. Nour ElSerougy, widely known as the Eagle of Real Estate, Innovation Experts Real Estate Institute, and Al Safi Bank, successfully hosted the world's largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference & Exhibition Centre in Dubai. The event welcomed over 2500 attendees, each registered with individual QR codes and monitored on-site by official Guinness World Records adjudicators. Taking place from 11:45 am to 12:45 pm, the session focused on mastering off-plan

Kamdar Developments has broken ground on its flagship 105 Residences project in Dubai's Jumeirah Village Circle (JVC). The residential development will feature 105-units and is designed to provide buyers with luxury standards at an attainable price point. Residents will also benefit from a prime location in JVC, one of the most sought-after Dubai communities. The ceremonial groundbreaking was attended by Kamdar Developments founder and Chairman, Yousuf Kamdar, Directors Tazmeen Kamdar and Mahomed Kamdar, Luxedesign (LDV) CEO Santosh Shrestha, and Savills Middle East's Marc Tennant. Speaking at the occasion, Chairman Yousuf Kamdar said, "We are delighted to break ground on our flagship 105 Residences