Ellington Properties, Dubai’s renowned design-focused real estate developer, hosted the Ellington Properties’ Broker Awards, an unforgettable evening celebrating the achievements, dedication, and excellence that define the real estate industry. Held at the iconic Jumeirah Beach Hotel, the event brought together more than 2,000 esteemed guests for a night of recognition and celebration. Adding to the evening’s excitement, guests were treated to a surprise live performance by globally renowned artist Bryan Adams, making this a truly extraordinary experience. This marks the first Ellington Properties’ Broker Awards since 2018, reaffirming the brand’s commitment to fostering dedication, industry leadership, and strong partnerships. Honoring The Best

In the backdrop of the robust and resilient real estate sector in Dubai with 2024 closing at record transactions, the homegrown luxury residential property developer, Condor Developers, today unveiled its fifth project – Condor Golf Links 18- an AED  300 million premium golf course facing residential project in Dubai Sports City. Condor Golf Links 18  will come up on a plot area of 47,000 square feet with a host of diverse amenities for premium residential living, and will offer a total of 250 residential units for investors and end-users. “At Condor, we believe in value creation that enhances lifestyle, as well as returns

Dubai’s real estate sector recorded a total of 2.78 million procedures in 2024, the highest in its history. The record number of procedures, which include both real estate transactions and rental agreements, represent a 17% increase compared to 2023. Real estate transactions alone totalled 226,000, with a combined value of AED761 billion, a remarkable 36% growth in volume and 20% growth in value year-on-year. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, attributed the emirate’s record real

Azizi Developments, a leading private developer in the UAE, has announced the launch of its Burj Azizi Global University Exposure Program. On Sunday, the 26th of January 2025, a group of 8 students and 2 faculty members from the engineering faculty of Egypt’s prestigious American University of Cairo (AUC) have arrived in Dubai for a 10-day educational tour, marking the launch of the much-anticipated program that is established by Azizi Developments as part of its commitment to introduce Dubai’s achievements in engineering and architecture on the world stage. The group was received by Group CEO,Mr. Farhad Azizi and Deputy CEO,Mr.

DHG Properties, a world-class real estate development company operating within DHG Holding based in Switzerland, is proud to announce its second residential project in Meydan, one of Dubai’s increasingly prominent real estate hotspots. Building on the successful inaugural launch of Helvetia Residences in JVC last year, this new development marks a significant milestone in DHG’s expansion strategy for the UAE market. With a value of AED 300 million, the new Meydan project brings DHG’s total gross development value to AED 1 billion within its first year of operations in the emirate. While the property name is yet to be announced, investors

Otis Worldwide Corporation (NYSE: OTIS) has been selected by Sobha Realty, a leading luxury real estate developer, to supply and install 303 elevators in its five major projects in Dubai. Otis is the world’s leading elevator and escalator manufacturing, installation and service company. In line with the agreement, Otis will deliver 123 Gen2® elevators for Sobha Reservé, 43 Gen2 elevators for Sobha Hartland II, 33 SkyRise®, 24 AriseTM, 52 Gen2 Home and six Gen2 elevators for Sobha One, 13 SkyRise elevators for Verde by Sobha and six SkyRise, one Arise and two Gen2 elevators for Sobha Waves Opulence. Otis will install the elevators

Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED 1 billion to China State Construction Engineering Corporation (Middle East) (L.L.C) for Bluewaters Bay. Following the overwhelming response received for the project, this milestone marks a significant step in creating Dubai’s next iconic waterfront destination, with completion scheduled for Q4 2027. Bluewaters Bay will feature two residential towers linked by a dynamic podium, offering 678 apartments, ranging from one to four bedrooms, including penthouses. The development will also host retail and F&B outlets on the podium level, complemented by exceptional amenities such as landscaped promenade,

Oman headquartered Bank Muscat has successfully concluded the sale of Mövenpick, Jumeirah Beach Residences Dubai.  Bank Muscat was managing the investment asset for a number of large regional shareholders including sovereign wealth fund(s). The landmark transaction was structured and executed by the leading property consultancy, Knight Frank MENA, acting exclusively on behalf of the Bank. The iconic hotel was bought by A. A. Al Moosa Enterprise (ARENCO Group), a large UAE private family conglomerate with interests in real estate, hospitality, automotive, design, interiors, logistics, commercial laundry etc. Situated at the core of JBR – one of Dubai's most sought-after retail, hospitality and

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Central, its contemporary residential development in Al Furjan, has reached 21% completion, with the handover expected for Q4 2025. The project has made significant progress, with structural work and blockwork now at 55% and 22%, respectively. The workforce has also been scaled up to420to expedite construction further. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “We are thrilled with the steady progress being made at Azizi Central, a key addition to the highly-acclaimed growth corridor of Al Furjan. Our commitment to timely

LEOS Developments, the award-winning international property and lifestyle developer, introduces Weybridge Gardens 4. A 15-story residential development providing 294 apartments, ranging from studios to 4 bedroom sky villas each with its own private pool, embodying blooming luxury. With a Gross Development Value of AED 475 million, the project offers sophisticated British standard of quality featuring a Tuscan inspired sky beach, cascading jacuzzis, world-class amenities and nature inspired architecture, situated in the heart of Dubailand LEOS Developments will introduce 30 exclusive 4 bedroom sky villas, each a masterpiece of luxury. These expansive sky villas will feature a private pool, spa like bathrooms,