DAMAC Unveils Lagoons District, Bringing A 24/7 Waterfront Live-Work–Play Destination To Dubai
DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has launched Piazza Roma offices and Valencia apartments within DAMAC Lagoons District, a multi-use, lifestyle-led community. Unveiled at a dazzling launch at Coca-Cola Arena, this is a 24/7 live–work–play destination, anchored by DAMAC Mall and activated by water, culture, and community. Amira Sajwani, Managing Director, DAMAC Properties, said: “DAMAC Lagoons District is our next step in building a community that optimises life. We’re bringing together two powerful ideas of waterfront wellbeing and a high-energy urban district, so residents and professionals can spend less time commuting and more
Binghatti Posts Record Profits Three Years In A Row Revenue And Net Profit Surge By Nearly 100%
Binghatti Holding Ltd, a leading UAE real estate developer, announced record financial results for the year ended 31 December 2025, underlining strong sales execution, disciplined delivery, and continued strengthening of the Group’s balance sheet. Net profit increased 96% year-on-year to AED 3.58 billion, reflecting robust operating leverage, efficient execution and the continued strong demand for Dubai real estate. The company’s revenue nearly doubled year-on-year to AED 12.43 billion, compared with AED 6.34 billion in 2024, driven by strong sales momentum, accelerated project handovers and the continued success of Binghatti’s optimally diversified portfolio across mainstream, premium mainstream, luxury and ultra-luxury offerings. In the fourth