Majid Al Futtaim Advances Vision For Forest Living At Ghaf Woods By Announcing a Dedicated Tree Nursery And Appointment Of Contractor
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 Reports 50% Surge In Commercial Leasing As Legal Reforms And Investor Confidence Accelerate UAE Real Estate Momentum
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
Dubai Real Estate Hits New Monthly Sales Peak Of AED66.8 Billion In May
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 Breaks A Guinness World Record For The World’s Largest Real Estate Training Session In Dubai
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 Breaks Ground On 105 Residences In JVC
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
AMWAJ Development Unveils Gate Eleven – Dubai’s New Ultra-Luxury Living Standard In Meydan
AMWAJ Development, a distinguished name in crafting high-end residential and mixed-use communities in Dubai’s real estate landscape, announces the launch of Gate Eleven Residences, a landmark project redefining luxury living in the prestigious Mohammed Bin Rashid (MBR) District 11, Meydan. This third and most ambitious project marks a new chapter in the company’s rapidly expanding portfolio, which is set to deliver over 2.5 million square feet of premium residential space by 2026. “Gate Eleven represents our most ambitious project to date, and it is a testament to our dedication to meeting the evolving needs of Dubai’s growing luxury real estate market,” said Emad Saleh, Chairman
AARK Developers Launches Aark Terraces, A Landmark Residential Project In Dubailand
AARK Developers has unveiled Aark Terraces, a landmark residential development in the heart of Dubailand, setting a new standard for refined urban living in one of Dubai’s most rapidly evolving districts. Designed to cater to discerning residents and yield-focused investors alike, the launch signals the developer’s most ambitious project to date and a strategic expansion into one of the city’s highest-performing corridors. Aark Terraces features a curated collection of one- and two-bedroom residences, each thoughtfully designed to balance contemporary elegance with functionality. Select units include private jacuzzis, while all residents enjoy exclusive access to a rooftop lounge, a state-of-the-art fitness centre,
Acube Developments Breaks Ground On Vega In Dubai Sports City, Its Third Landmark Project In The Emirate
Acube Developments has officially broken ground on Vega, its third landmark project in Dubai, reinforcing its reputation as a visionary force in the UAE real estate sector. With 95% of units already sold, Vega has drawn strong demand from homebuyers and investors alike. Scheduled for handover in Q2 2027, the project marks another milestone in Acube's mission to reshape urban living in the country. The company is set to launch 10 new projects over the next two years, including landmark developments along Sheikh Zayed Road. Inspired by Vega – the brightest star in the Northern constellation of Lyra – the new 23-floor tower
Meraas Awards Over AED300mln Construction Contract For Phase 7 Of Madinat Jumeirah Living Elara
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED 300 million to Al Sahel Contracting Company for Elara, Phase 7 of the Madinat Jumeirah Living master plan. The renewed contract follows the successful completion and handover of the first four phases of the landmark project, nestled in Dubai’s most prestigious freehold neighbourhood. Al Sahel is currently developing the fifth phase of the project, now in its final stages of completion. The announcement marks a milestone in the construction of this prime residential development, which is poised to redefine the city’s urban landscape. The latest
What’s Next For Dubai Real Estate? Property Finder Gathers A Who’s Who Of Industry Leaders To Discuss What Is Shaping 2025
Riding the momentum of a record-breaking April, where Dubai’s real estate market achieved an all-time high of AED 62.1 billion in monthly sales, Property Finder convened an exclusive roundtable with the emirate’s top real estate leaders to chart the path forward. Amidst this unprecedented market performance, industry heavyweights expressed cautious optimism, anticipating that transaction activity will continue to accelerate throughout 2025 as investors adapt to evolving market dynamics. Here are three key insights that emerged from the roundtable, offering a window into what’s driving Dubai real estate in 2025. #1 The outlook is largely positive Despite global headwinds, from rising inflation to geopolitical shifts