Sobha Realty’s New ONE Sobha App Brand Film Showcases The Most Carefully Crafted App On The Internet
Sobha Realty, a leading global luxury real estate developer, has launched its new ONE Sobha App brand film, which aims at educating users of the unique features of this all-in-one digital platform that has been designed with great attention to detail - to elevate every stage of the customer journey. With creative visuals and a narrative focusing on craftsmanship and convenience, the film directed by renowned photographer and artist Tejal Patni and developed in collaboration with ANC Advertising Agency, showcases Sobha Realty’s vision of combining modern technology with a human touch. As part of the developer’s strategy to increase awareness and
Wasl Unveils ‘The Next Chapter’ Of Jumeirah Golf Estates
Wasl, one of Dubai’s largest real estate developers, has announced the next phase of Jumeirah Golf Estates (JGE), unveiling a major expansion masterplan that significantly increases the community’s scale and positions it among the UAE’s most ambitious integrated luxurious lifestyle destinations. The 4.68 million square metre expansion will add a variety of residential units across six distinctive districts, including 780 luxurious villas, 62 ultra-luxury hilltop mansions, 97 branded residences, 752 estate homes, and 10,654 apartments, totaling 12,345 new units. Spanning 1.83 million square metres, the residential units will ultimately accommodate over 51,700 residents.The new masterplan – ‘Jumeirah Golf Estates The Next
MAAIA Plans To Bring Over AED 5bln In Sales To The UAE Real Estate Market In 2025 With 2.5mln sq ft GFA
MAAIA, a distinguished global real estate developer renowned for its European-inspired craftsmanship and dedication to excellence, proudly announced plans to bring over AED 5 Billion in sales to the UAE real estate market in 2025. The announcement was made at a closed-door launch event held at Atlantis, The Royal, where two of their latest residential projects in Dubai were unveiled — La Vue in Nad Al Sheba Gardens and La Clé in Al Furjan. These flagship projects follow the recent success of MAAIA’s Le Jardin development in Abu Dhabi - which achieved a complete sell-out during its concept phase. La Vue and La Cle precede
Deyaar Delivers Strong Start To The Year With AED 119.8 Million Net Profit Before Tax In Q1 2025, Up 54% YoY
Deyaar Development PJSC ("Deyaar"), a leading real estate developer and service provider in Dubai, UAE, has reported a strong start to the year, with a YoY increase in its Q1 2025 profits compared to the same period in 2024. This was announced today in a filing with the Dubai Financial Market (DFM), where Deyaar's shares are traded. Deyaar's net profit before corporate tax for the three-month period ending 31st March 2025 surged to AED 119.8 million, reflecting a remarkable 54% YoY increase from AED 77.6 million in the same period of 2024. The company also saw strong growth in revenue, which reached
Peak Summit Development Launches Phase 3 Of The Orchard Place In JVC
Peak Summit Development has unveiled Phase 3 of The Orchard Place, an exceptional residential community located in the heart of Dubai's Jumeirah Village Circle (JVC). Strategically spread across five plots in the centre of the burgeoning JVC area, The Orchard Place is thoughtfully designed to offer residents a harmonious blend of luxury, comfort, and convenience. Surrounded by lush green spaces and equipped with a range of recreational facilities and easy access to key amenities, the community is poised to be an ideal choice for families and individuals alike. Phase 3 sets a new benchmark in high-end residential experiences, introducing rare features such as
Meraas Unveils Atélis At D3: A Masterpiece At Waterfront Luxury In Dubai’s Creative Heart
Meraas, a member of Dubai Holding Real Estate, has announced a dynamic addition to Dubai’s skyline with the launch of Atélis at d3, a new 45-storey residential building in the city’s creative district. Designed by SOM, the architecture and engineering firm behind some of the world’s most innovative buildings, including Burj Khalifa, the luxurious waterfront residence seamlessly blends refined interiors with lush, verdant landscape. The first building in d3 located on the Creekside shoreline and providing stunning views, Atélis at d3 features a unique configuration of 280 residences with a range of contemporary one-, two-, three-, and four-bedroom apartments. Inspired by
Investor Appetite Grows As Dubai Property Sales Jump 23% In April
Demand is high, investor confidence is steady, and the appeal of Dubai real estate, both to locals and global buyers, has never been stronger. Dubai Sales Soar in April: Off-Plan Leads, But Ready Homes Make a Strong Comeback Dubai recorded 15,213 property sales transactions in April, reaching a staggering AED 46.18 billion in value, a 23.1% month-over-month increase. While off-plan transactions made up 59% of the market, secondary sales gained ground, climbing to 41%, up from 38% in March. Average price per square foot rose by 2.05% to AED 1,730, further underscoring the city's steady price appreciation amid strong demand. Apartments were the hottest
Union Properties Delivers Strong Q1 2025 Results, Revenue Grows 18.2% And Pays Down AED179 Million Of Legacy Debt
Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP)announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2%increase in revenue, reaching AED163 million compared withAED138 million in Q1 2024. This revenue growth is expected to continue, supported by strategic initiatives and project launches, with significant increases anticipated each quarter.This solid performance underscores the Company’scontinued focus on its core operations and the positive contributions of its high-performing subsidiaries across the UAE’s Real Estate sector.Gross profit increased to AED42.8million, representing a 25.3%increase compared to AED34million in Q1 2024, reflecting a strong gross
Hillhouse’s Real Estate Platform, Rava Partners, Expands Portfolio Of Education-Oriented Assets With First Acquisition In The Middle East
Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, today announced the acquisition of the real estate of Hartland International School (“HIS”) in Dubai from NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments Limited (“JHEMPIL”), valuing the school property at US$100 million. This acquisition marks Rava Partners debut in the GCC region and reflects Elevate’s strategy to scale high-quality educational infrastructure in key global markets. Hillhouse Investment (“Hillhouse”), together with Rava Partners' senior management, established the real assets platform Rava Partners in 2020. Alta Capital is the exclusive operating partner for
Dubai Tenants Demand Professionally Managed Properties, Betterhomes Survey Finds
Dubai tenants are increasingly prioritising professionally managed properties, according to Betterhomes' latest white paper, "The Value of Professional Property Management: Tenant Insights & Market Trends." Based on a comprehensive tenant survey, the findings reveal that 75% of respondents currently live in a professionally managed property, citing faster maintenance, clearer communication, and smoother living experiences as key benefits. "The results confirm what we've seen in the market, tenants today demand professional property management," said Niral Jhaveri, Director of Property Management at Betterhomes. "It's no longer just about collecting rent; it's about delivering an exceptional living experience." The data highlights clear preferences: 83% of tenants expect