July 2025

Driven | Forbes Global Properties has officially opened the doors to its new headquarters in Downtown Dubai, just steps from Burj Khalifa. Spanning 43,000 square feet across two floors, the space is now the largest real estate office in the city, a reflection of the company’s growth and evolution in recent years. The move follows its landmark AED 505 million acquisition of Emaar Square Building 3 in November last year. The new headquarters underscores the company’s long-term vision for the UAE market. As Dubai continues to evolve as a global real estate hub, Driven Properties is positioning itself at the forefront

Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s leading luxury real estate developers, announces the launch of Binghatti Capital Limited (“Binghatti Capital”), a Dubai International Financial Centre (DIFC) based asset management firm with plans to target the management of about USD1 billion in Shariah-compliant private credit and real estate strategies. Binghatti Capital has been authorized by the Dubai Financial Services Authority, the independent regulator for financial services conducted in or from DIFC, the leading financial centre in the Middle East, Africa and South-East Asia region. Binghatti Capital is licensed to engage only with professional clients. Within Binghatti Capital’s real estate strategy,

Palma Development, one of the pioneering developers in the UAE real estate industry, has announced the appointment of APCC Piling & Marine Contracting to commence shoring and piling works at West Residence, the first residential tower within Serenia District, its AED 5 billion master-planned community located in Jumeirah Islands. Spanning more than 600,000 sq. ft. of land with a total built-up area of 3.5 million sq. ft., Serenia District will be delivered in phases and will comprise six distinct towers integrated around an immersive lifestyle offering. Residents will benefit from a dedicated lifestyle building, the Serenia Signature Clubhouse, an amenity-rich podium level, the Serenity Lake, and extensive landscaping that promotes wellness, leisure, and community connection. Designed by Nikken Sekkei, Japan’s leading architectural firm

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Select Group, a leading multi-discipline real estate development and investment group along with its long-standing JV partner Emirates Strategic Investments Company LLC (ESIC), have entered a strategic agreement to develop landmark projects at two of the most iconic locations in Dubai – Palm Jebel Ali and Dubai Design District (d3). The milestone agreement marks Dubai Holding’s first strategic land sale with a third-party developer at Palm Jebel Ali, underscoring its commitment to unlocking long-term value across its world-class master developments. This landmark transaction reinforces a shared

Azizi Developments, a leading private developer in the UAE, has been declared ‘Developer of the Month’ by Dubizzle, one of the region’s most prominent real estate platforms. The recognition celebrates Azizi’s impactful contributions to shaping Dubai’s skyline, its diverse project portfolio, and its continued commitment to quality and innovation in luxury living. Dubizzle, a subsidiary of EMPG and one of the most visited property portals, launched the Developer of the Month initiative to highlight the country’s most trusted and performance-driven real estate developers. The monthly award is based on internal data analytics and editorial curation, celebrating developers with proven records of