BXB Estates Completes AED 110 Million Record-Breaking Sale, The Highest Residential Transaction In Jumeirah Golf Estates History
BXB Estates has completed the highest residential transaction in the history of Jumeirah Golf Estates, with an AED 110 million sale setting a new benchmark for one of Dubai’s most prestigious residential communities. Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the transaction surpasses the previous record of AED 58 million for a completed ready villa. The six-bedroom residence offers 21,714 square feet of built-up area on a 15,873-square-foot plot. It comprises nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its dedicated wellness area includes a gym, sauna, treatment suite and hairdressing room, reflecting the design,
Dubai To Host The 22nd Edition Of ‘IPS 2026’ Next September
Dubai is set to host the 22nd edition of ‘IPS 2026’ from 7 to 9 September 2026 at the Dubai World Trade Centre. Organised by Strategic Exhibitions and Conferences, with the support and strategic partnership of Dubai Land Department, the exhibition will bring together leading investors, real estate developers, government entities, financial institutions, policymakers, and industry experts from around the world. IPS 2026 is a leading international platform that brings together key stakeholders in the real estate sector, providing a dynamic forum for knowledge exchange and showcasing the latest projects and investment opportunities. The exhibition fosters stronger connections between investors, developers, and
AMIS Development Records AED 300mln Sell-Out Before Launch Of All 6 Jacob & Co.’s Signature Fleurs De Jardin Mansions Within Weeks Of Groundbreaking
AMIS Development has announced the pre-launch sell-out of the six signature Mansions at Jacob & Co.'s Fleurs de Jardin in Meydan District 11, achieving total sales of AED 300 million less than a month after breaking ground on the landmark development in June. Representing the highest-value residences within the community, the six signature Mansions were never publicly released or marketed through a conventional sales campaign. Offered exclusively through private requests to a select group of ultra-high-net-worth buyers, every residence was fully reserved ahead of the project's official launch later this year. The absorption of AED 300 million worth of inventory within weeks
Azizi Center Of Excellence Marks Major Milestone As Masterclass Draws Over 2,000 Channel Partners
Azizi Developments, a leading private developer in the UAE, has marked a major milestone with its newly launched brokerage academy, the Azizi Center of Excellence, welcoming over 2,000 channel partners across its initial nine-day run. The unprecedented turnout highlights strong market demand for high-level, institutionalized training in Dubai’s real estate sector. Positioned as a comprehensive, multi-disciplinary learning platform, the academy delivered an intensive series of specialized modules at the Azizi Sales Center in Dubai. Designed to go far beyond traditional sales training, the curriculum provided deep dives into construction methodologies, engineering fundamentals, customer service excellence, and advanced market analytics. Spearheaded by Sehar
Dubai Residential REIT Reports 15% Net Profit Growth In H1 And Approves AED 573.2mln Interim Dividend
Dubai Residential REIT, the GCC’s largest real estate investment trust (the “REIT”), announced its financial results for the six-month period ending on 30 June 2026 (H1’26). The REIT delivered strong financial and operational performance, driven by higher rental rates, higher portfolio occupancy, and disciplined cost management, while continuing to execute its growth strategy through portfolio expansion and active asset management. KEY FINANCIAL AND OPERATIONAL HIGHLIGHTS: FINANCIAL HIGHLIGHTS H1’26 (AED | except percentages) H1’25 (AED | except percentages) % CHANGE Revenue 1,035.7 million 957.8 million +8.1% Adjusted EBITDA 822.6 million 717.6 million +14.6% Adjusted EBITDA Margin 79.4% 74.9% +4.5 PP Net Profit Before Fair Value Changes 716.5 million 622.3 million +15.1% Free Cash Flow (FCF) Conversion 94.8% 92.6% +2.2 PP Net Finance-to-Value (FTV) 6.8% 3.3% +3.5 PP As of 30 Jun 26 (AED) As of 31
W Capital Wins Reef Development’s Top Sales Agency Award
W Capital Real Estate Brokerage, led by Chairman Walid Al Zarooni, has been recognized by Reef Developments with the "Top Sales Agency" award in recognition of the company's outstanding sales performance and its success in marketing the developer's projects. The award reflects W Capital's growing position in Dubai's real estate brokerage sector, built on strong partnerships with leading developers, a highly experienced sales team, and its ability to connect investors with high-potential real estate opportunities across the emirate. Commenting on the achievement, Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage, said: "This recognition from Reef Developments is a testament to the