REEF Luxury Developments Unveils REEF 997
In an unforgettable evening at Atlantis The Royal, REEF Luxury Developments unveiled its latest landmark project, REEF 997, the 1st building in the world to feature amenities with patented Outdoor cooling technology and the 4th building in the world with the patented climate-controlled Sunken Balconies and Winter gardens. REEF 997 is a beachfront masterpiece on Dubai Islands that redefines luxury living experience. The exclusive unveiling ceremony was attended by leaders from the real estate, lifestyle, and media sectors. Guests enjoyed an impressive event showcasing REEF 997’s visionary design, patented innovations, and providing a unique lifestyle, marking a new benchmark for beachfront communities in Dubai. “By
Ellington Properties Continues Handover Of Ellington House, Its First Development In Dubai Hills Estate
Ellington Properties, Dubai’s leading design-led boutique developer, is progressing with the handover of Ellington House, its first residential development in Dubai Hills Estate. The milestone marks an important step in Ellington’s journey as it brings its hallmark approach to design-led, forward-thinking living into one of Dubai’s most sought-after master-planned communities. The handover comes amid record performance in Dubai’s property market. Real estate transactions surged by 40 percent in the first half of 2025, reaching AED 326.6 billion (USD 89 billion), underscoring the emirate’s continued appeal to global investors and end-users. Against this backdrop of heightened demand, Ellington House distinguishes itself as
Deyaar Unveils The Final Phase Of Park Five Community In Dubai Production City
Following the successful launch of Park Five, which includes the initial buildings Elm, Ember, and Neem, Deyaar Development PJSC (“Deyaar”) has revealed the final phase by announcing Ivy and Alder as two projects within this vibrant community in Dubai Production City. The projects comprise a total of 277 residential units with distinctive modern designs. The final phase embodies the principles of the Dubai Urban Plan 2040, aimed at enhancing community living and sustainability. Commenting on the launch, Saeed Mohammed Al Qatami, CEO of Deyaar, said: "This project marks a significant step in our overall vision for developing Park Five as a pioneering
ANAX Developments Unveils ELLE Residences Dubai Islands At Grand Launch Event
ANAX Developments, one of Dubai’s most dynamic luxury developers, has unveiled ELLE Residences, its latest landmark project redefining branded living in the region. Slated for completion by Q3 2027, this stunning project marks a new era of branded residences in the heart of Dubai Islands. Following the success of its first residential tower in Miami, ELLE, owned by the Lagardère Group, has partnered with ANAX Developments to create its branded residences portfolio in the Middle East, for the very first time. This landmark collaboration combines ELLE’s global lifestyle ethos with ANAX’s deep understanding of Dubai’s evolving luxury market, creating a new flagship
Dubai Investment Real Estate Announces Construction Progress On Asayel Avenue, Driving Mirdif Hills Expansion
Dubai Investment Real Estate, a wholly owned subsidiary of Dubai Investments has announced significant progress on Asayel Avenue, the newest residential cluster within the Mirdif Hills master development in Mirdif, Dubai. Following the groundbreaking in June 2025, the project is steadily taking shape, reflecting Dubai Investments’ commitment to delivering premium, thoughtfully designed communities that combine modern living with strong community values. Construction on Asayel Avenue has reached several important milestones. Site mobilization has been fully completed, enabling the seamless start of construction activities, while enabling works are nearly finalized at 99 percent, setting the stage for structural development. Piling and foundation
Hesitant Investors Missed Out While Dubai Real Estate Market Reached New Heights
Investors who hesitated during predicted slowdowns in Dubai’s real estate sector missed significant opportunities as the market entered new phases of growth and development, a property expert said today. Those now seeking the best returns, with Dubai real estate on course to break more records in 2025, are advised to focus on well-planned, high-quality developments, which continue to sell out quickly, reflecting genuine, sustained demand. “Bidding on reports of a slowing market has resulted in a massive opportunity being lost for those who fell for it,” said Firas Al Msaddi, CEO of fäm Properties. “Dubai has bounced back stronger and faster than any
Deyaar Unveils The Final Phase Of Park Five Community In Dubai Production City
Following the successful launch of Park Five, which includes the initial buildings Elm, Ember, and Neem, Deyaar Development PJSC (“Deyaar”) has revealed the final phase by announcing Ivy and Alder as two projects within this vibrant community in Dubai Production City. The projects comprise a total of 277 residential units with distinctive modern designs. The final phase embodies the principles of the Dubai Urban Plan 2040, aimed at enhancing community living and sustainability. Commenting on the launch, Saeed Mohammed Al Qatami, CEO of Deyaar, said: "This project marks a significant step in our overall vision for developing Park Five as a pioneering
Dubai Records Over 123,000 Property Sales In 2025 As QUBE Expands AED 4.4bn Portfolio
Dubai’s property market has surpassed 123,000 residential unit sales since the start of the year, according to the Dubai Land Department, and Q3 is currently recording over AED 91 billion in transactions with a week left until the new quarter. The surge highlights sustained investor confidence and the city’s growing appeal as a global real estate hub. Developers are responding by expanding their portfolios and focusing on lifestyle-led, design-conscious projects. QUBE Development, with a AED 4.4 billion portfolio, is actively driving the way with high-quality residential, commercial, and retail developments. As it stands, QUBE’s portfolio reflects a strategic focus on design-led,
UAE Construction Output Set To Grow 22% To $130bln By 2029
Ambitious government initiatives are fuelling robust expansion in the UAE's construction industry, with output projected to grow to $130.8 billion by 2029, according to the 2025 UAE Construction Landscape Review from global property consultancy Knight Frank. The total value of construction output across the Emirates has been increasing steadily since the start of the decade. After construction output reached a record $107.2 billion in 2024, the latest forecasts show this solid growth trajectory continuing every year through to 2029, growing by 4% per annum. Construction dominates planned development across the UAE, accounting for 62% of future pipeline projects, ahead of transport (12%),
Binghatti Holding’s Inaugural $500mln Green Sukuk 4.3x Oversubscribed
Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest-growing real estate developers, has successfully priced a USD 500 million long 3-year Green Sukuk under its USD 1.5 billion Trust Certificate Issuance Programme, in a sale that was well over 4x oversubscribed. The landmark Regulation S Green Sukuk issuance reflects Binghatti’s commitment to sustainable financing and aligns with its Green Financing Framework. Proceeds will be used to finance a portfolio of eligible green projects, reinforcing the company’s pledge to responsible growth and environmental stewardship. The sukuk was priced with a profit rate of 7.750%, equivalent to a spread of 416 basis points