Binghatti Holding H1’25 Financial Results
Binghatti Holding Ltd, a leading UAE luxury real estate developer, reported record financial results for the first half of 2025, with year-on-year profit and revenue almost tripling, driven by the continued demand for Binghatti developments. Net profit in the first half of 2025 rose 172% year-on-year to AED 1.82 billion, compared to AED 668 million in the same period last year. Total sales reached AED 8.8 billion, representing a 60% year-on-year increase, while revenue surged almost threefold to AED 6.3 billion, making the Company one of the fastest growing in Dubai’s real estate market. The Group also saw strong expansion of its
Dubai Office Market Shows Early Signs Of Rate Stabilisation And Larger Space Demand Compared To Last Year: Savills
New findings from Savills latest Dubai Office Market in Minutes report for Q2 2025 indicate a shift from last year’s pattern of across-the-board rental growth, with signs that rents are beginning to level out in several submarkets. At the same time, the market continues to see strong appetite for larger office spaces and an evolving mix of future supply, marking a noticeable change from the trends observed in 2024. While average prime office rents remain 36% higher year-on-year, the report highlights that 11 of the 23 submarkets tracked by Savills saw no quarterly change in rents, a contrast to last year’s
Azizi Developments Reaches 98% Construction Completion Of Azizi Vista In Dubai Studio City
Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 98% complete. Located in one of Dubai’s most sought-after, rapidly growing residential areas, the development, which features studios, one-, and two-bedroom apartments,was planned to be delivered toward the end of Q3 2025, but will now be completed sooner, ahead of schedule. Construction is on the verge of finalization. All structural, blockwork, internal plaster, tiling, HVAC, MEP, swimming pool, façade, and elevator works have been successfully finished. External works and overall finishes are advancing rapidly, both currently also at
Ellington Properties And Keyper Partnership, Redefining Luxury Property Investment In Dubai
Ellington Properties, Dubai’s design-led, award-winning developer, has grown its partnership with Keyper, the Dubai-based prop-tech solutions provider, through making a strategic investment in the company. Together, they are creating a revolutionary digital-first experience for property investors, blending Ellington’s luxury craftsmanship with Keyper’s cutting-edge rental management and payments solutions to deliver an elevated experience for property investors throughout their investment journey. A New Era for Property Investors This collaboration will change what is possible for property ownership and management. Keyper’s app and platform—already boasting over 100,000 downloads and powering AED 100mn in annual rental payments—puts unparalleled control in the hands of Ellington’s customers,
MERED Unveils New Talent Development Initiative To Shape Dubai’s Real Estate Future
MERED, the international real estate developer redefining lifestyle through architecture, design, and innovation, has launched its Summer Internship Program as part of its Iconic Talents & Iconic Legends initiative. The program offers aspiring professionals practical, project-based experience within one of the fastest-growing real estate markets in the world. Open to students and recent graduates from disciplines such as architecture, engineering, sales, project management, finance, and government relations, the internship offers a robust, hands-on learning experience. Participants will work alongside MERED’s in-house teams and gain exposure to its network of world-renowned partners, including Pininfarina, Hirsch Bedner Associates (HBA), Mirage, Sera Group, and
Dubai Residential Property Market Remains A Global Magnet In The First Half Of 2025 With Total Sales Reaching AED 151.8 Billion
Dubai's real estate sector continues its record-breaking trajectory in 2025, confirming the city's growing global real estate stature according to the latest report from Betterhomes Shaping Skylines | Q2 2025 Dubai Residential Real Estate Market. The report offers an in-depth analysis of Dubai's residential property market, providing valuable insights for investors, homeowners, and global real estate observers. With a growing population, investor-friendly policies, and a development pipeline that continues to deliver, Dubai is well-positioned for sustained growth in the years ahead. Total residential sales in Dubai reached AED 151.8 billion in the first half of 2025, marking a 46% year-on-year increase
Dubai Land Department Recognises 10 Real Estate Firms Surpassing Emiratisation Goals Under The ‘Dubai Real Estate Broker Programme’
In a move that reflects Dubai’s commitment to promoting professional empowerment and the active participation of Emiratis in key economic sectors, Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency, organised a special ceremony to honour the real estate brokerage firms most dedicated to hiring UAE nationals, as part of the ‘Dubai Real Estate Broker Programme.’ The ceremony was held on Thursday at Dubai Land Department’s headquarters, in the presence of His Excellency Omar Hamad BuShehab, Director General of DLD, along with several CEOs and representatives from the real estate sector. 10 leading real estate brokerage firms were honoured during
Danube Properties Powers Global Youth, Culture & Connection as Main Sponsor of Global Encounters Festival 2025
Global Encounters (GE) Festival 2025 announces Danube Properties as its Main Sponsor for the upcoming GE Festival taking place from 20-27 July in Dubai. The event will bring together over 4,000 young artists and athletes, promoting excellence, camaraderie, and cross-cultural connection. The Festival features a dynamic programme of artistic showcases, sports tournaments, thought-leadership sessions, and community-building experiences. Danube Properties’ support as Main Sponsor plays a key role in bringing this diverse and inspiring event to life. “We welcome them as our Main Sponsor and look forward to their partnership in delivering a meaningful and unforgettable experience,” said Zahir Ladhani, GE Festival 2025 Project Lead. Since its inception in 1993,
Unveiling Sobha Privy Collection With The Launch Of ‘The S’ At Sobha Hartland II
Sobha Realty, the global luxury developer known for timeless design and precision-led craftsmanship, announces the launch of Sobha Privy Collection, a new pinnacle in ultra-luxury living, rooted in thedesign philosophy: The Art of Sublime. Sobha Privy Collection is defined by seven core tenets: expansive spaces, iconic Addresses, uncompromising Finesse, exceptional service, exclusive amenities, extraordinary Privacy, and a distinct quality that sets each home a cut above the rest; all serving as the common thread across each residence. Marking entry into the Sobha Privy Collection is the launch of the new uber-luxe development– The S at Sobha Hartland II. This tower is a
Dubai South Launches Unique Multi User Facilities To Support Regional Logistics Growth
Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, has announced the launch of state-of-the-art multiuser facilities at the Logistics District. Spanning a built-up area of approximately 215,278 sq. ft., the new facilities comprise combinable units that offer flexible solutions to accommodate the diverse needs of businesses, fostering growth and enhancing competitiveness in the regional market. Strategically located within the freight forwarding zone, the facilities offer unparalleled proximity to key transport hubs, including Al Maktoum International Airport and Jebel Ali Port. Businesses also benefit from direct access to the UAE’s key road network, ensuring seamless connectivity