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