Select Group Has Sold Out Its Off-Plan Master Community, Peninsula, Totalling A Gross Development Value (GDV) Of AED 7 Billion
Following the final successful sale transaction of the Grade A office tower, Select Group announces the completion of off-plan sales of its master community development, Peninsula, in the heart of Business Bay, totalling a Gross Development Value (GDV) of AED 7 billion. This is a key milestone that reflects strong investor confidence in both the development and Select Group. Spanning 3.3 million sq. ft. of prime waterfront real estate, Peninsula blends residential, commercial, business, and world-class lifestyle amenities into one vibrant waterfront destination. Among Peninsula's 3,300 units across seven premium developments is the ultra-luxury Jumeirah Living Business Bay — a 35-storey tower developed in collaboration
e& UAE And Kleindienst Group Partner To Power Tech-Driven Luxury At “The Heart Of Europe”
e& UAE has signed a memorandum of understanding (MoU) with Kleindienst Group, the developer behind the iconic The Heart of Europe project located on six islands in "The World", an artificial archipelago off the coast of Dubai, to pioneer a new era of digitally powered luxury hospitality in the UAE. The MoU underscores both organisations' commitment to innovation, operational excellence, and sustainability in the region's hospitality sector. The collaboration supports the UAE leadership's vision of integrating smart infrastructure and sustainable practices in world-class developments, setting new standards of luxury living and high-end tourism in the country. Esam Mahmoud, Sr. Vice President, SMB
VOXA By Pantheon Development Set To Launch Soon In Jumeirah Village Triangle
After the successful launch of ten projects in JVC, Pantheon Development – a leading Dubai-based real estate developer is excited to introduce VOXA – an upscale residential and commercial project focused on holistic urban living situated in Dubai's vibrant Jumeirah Village Triangle (JVT). Designed for those who seek more than just a home, VOXA blends contemporary elegance, wellness-focused amenities, and prime connectivity, creating a truly immersive living experience. VOXA places residents at the heart of Dubai's dynamic pulse, with effortless access to Dubai Marina, Downtown, Sheikh Zayed Road, and Al Khail Road. Whether for work, leisure, or everyday convenience, the stunning new
Azizi Developments’ Azizi Central Reaches 65% Sales Milestone
Azizi Developments, a leading private developer in the UAE, has announced that 65% of the released units at Azizi Central, its contemporary residential development strategically located in Al Furjan, have been sold, with the handover scheduled for Q4 2025. Among the 31 represented nationalities, Western and European investors - including those of the United Kingdom, Switzerland, Belgium, the Netherlands, Sweden, and Canada – comprise the largest share at 28%. MENA buyers, such as citizens of Egypt, Algeria, Iran, and Turkey, contribute 20%, while South Asian nationals, particularly from India and Pakistan, make up 15%.Another 7% are Emirati nationals, with the rest
Shamal Introduces Second Tower At Baccarat Hotels And Residences Dubai
Shamal,a Dubai-based diversified investment firm,announces a second tower at Baccarat Hotels and Residences Dubai. Following strong interest in the first tower, this new addition will feature 42 impeccably designed Baccarat residences. Together, the two towers will bring the timeless elegance of the Baccarat brand to life, offering discerning buyers a further opportunity to own an iconic address in Downtown Dubai. Baccarat Hotel & Residence’s presence in Dubai represents a rare opportunity to own and experience a lifestyle defined by craftsmanship, legacy, and enduring value. With only a select number of Baccarat Hotels & Residences globally,it is a category-defining destination.In a market
Bhatia General Contracting To Hand Over 1050 Villas For Al Khawaneej 2 In May 2025
Bhatia General Contracting, a leading contractor in the UAE, will hand over1,050 exquisite villas in Al Khawaneej 2 district in May 2025,as part of a major government initiative to provide high-quality, modern housing for Emirati families and support sustainable urban development in Dubai. The project exemplifies Bhatia Group’s dedication to providing a variety of best-in-class housing options, in line with its 50-years of excellence and commitment to enhancing UAE’s real estate landscape. The project, which is now in its final phase, plays a crucial role in the ‘Dubai 2033 Plan’, a strategic initiative aimed at reinforcing Dubai’s reputation as one of
Design And Construction Leader DMDC Announces Partnership With OCTA Properties For Three Unique Mansions
Premium Dubai-based design and construction company DMDC is pleased to announce a new partnership with OCTA Developments—the real estate development arm of OCTA Properties—in a joint venture to elevate industry standards across the region. In an exciting first step, DMDC and OCTA Properties are joining forces to design, develop, and build three ultra-luxurious villas in Emerald Hills, at the heart of Dubai Hills Estate. These one-of-a-kind mansions, each a statement of elegance and sophistication, will range in size from 12,000 sq. ft to 24,000 sq. ft. One of the three plots is a rare double plot, where a sprawling 24,000 sq. ft mansion will take shape. "We are
Sobha Realty Successfully Issues USD 500 Mn Sukuk; Orderbook Oversubscribed 3x At USD 1.54 Bn
Sobha Realty, the leading globalluxury real estate developer, yesterdayannounced the successful issuance of USD 500 Mn sukuk under its recently established USD 1.5 Bn Sukuk Issuance Program. This latest sukuk will be listed on the London Stock Exchange (LSE) and NASDAQ Dubai. For thisUSD 500 Mn 2029 maturity sukuk issuance, the order book was oversubscribed three times to reach USD 1.54Bn. Initial Price Thoughts (IPTs) were set at 8.375%. However, strong interest from regional and international investors led to a notable price tightening of 37.5 basis points, bringing the effective yield to 8% p.a.Of the total issuance,61% has been allocated to
LEOS Developments Pioneers AI Innovation In $1.17 Billion Market
LEOS Developments, an award-winning international property and lifestyle developer, is revolutionising the real estate market by embedding artificial intelligence across every stage of its development and customer journey. With the UAE's AI market projected to reach US $1.17 Billion in 2025, LEOS is placing technology at the heart of its strategy to deliver smarter, faster and more emotionally engaging experiences. Dubai is fast emerging as a global leader in the AI revolution. The recent Dubai AI Week highlights the city's ambitious vision for the future of artificial intelligence. In property development, AI is transforming how homes are designed, visualised, and assessed.
Azizi Developments Hosts Exclusive Dubai Event As Part Of Its Global Roadshow
Azizi Developments, the UAE’s leading private developer, welcomes Dubai-based investors to a special showcase of its most promising, high-yield real estate offerings - including a preview of Azizi Milan, its Italian-inspired, sustainability-led master development. On the sidelines of its global roadshow, the event will take place on the 19th and 26th of May 2025 in the ballroom on the second floor of the Conrad Hotel, opposite the Trade Centre on Sheikh Zayed Road, from 10:00 AM to 7:00 PM.The event provides visitors with an opportunity to secure prime residences in one of the world’s safest, most lucrative real estate markets. Azizi