A luxury villa in Al Barari has been leased for a record AED 14 million over two years, marking the highest rental transaction ever recorded in one of Dubai’s most exclusive residential communities. The landmark deal was secured by fäm Properties for a 14,500 sq ft five-bedroom residence within The Collection at Al Barari. Originally purchased for AED 54 million, the villa is generating a yearly rental yield of 12.8%. At AED 7 million annually, the agreement surpasses the previous Al Barari rental record of AED 4.8 million per year by 46%, as confirmed by DXBinteract data. “This transaction reflects the continued depth

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, today launched a landmark home financing plan designed to provide ease and stability for homebuyers. The comprehensive solution removes significant financial obstacles, making homeownership more accessible and affordable for individuals and families across the UAE. This collaboration reflects a shared vision to enhance the homeownership experience and provide flexible financing solutions that support the sustainable growth of the UAE’s real estate sector. It also underscores both parties’ commitment to expanding homeownership opportunities and supporting the long-term stability

While global real estate capital recalibrates, Abbas Sajwani is accelerating. The 26-year-old Founder and CEO of AHS Properties - recently recognised by Forbes as the youngest Arab billionaire and the youngest billionaire globally in real estate, with a net worth of $1.9 billion - is building one of the fastest-scaling development platforms in Dubai. Since launching in 2021, AHS Properties has expanded from ultra-luxury villa redevelopments into a multi-billion-dollar portfolio spanning waterfront residential, Grade-A commercial, and large-scale mixed-use developments across Dubai’s most strategic corridors. Its commercial flagship, AHS Tower on Sheikh Zayed Road, sold out during construction, while its broader pipeline is projected

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, and CPI Property Group ("CPIPG"), a leading European real estate company, have successfully executed an AED 367.3 million (approximately EUR 86 million) loan facility secured against a portfolio of ultra-luxury residential units in Dubai. CPIPG owns 19 luxury residences in Dubai, including 15 units under construction by leading local developers. The development properties are located across four of Dubai’s most distinctive residential projects including Bvlgari The Lighthouse (Jumeirah Bay), Casa Canal and One Canal (Dubai Water Canal), and Mr. C Residences Downtown (Downtown Dubai). The loan

Engel & Völkers has officially launched GG Magazine in Dubai, introducing its internationally recognized lifestyle publication to one of the world’s most dynamic real estate and investment hubs. For almost 40 years, GG has been bringing compelling stories on architecture, design, fashion, art, travel, and influential personalities to a highly curated international audience. Published quarterly, the magazine distributes approximately 275,000 copies per issue across more than 30 countries and five languages, including English, German, Spanish, Italian, and French. The first issue in Dubai, Edition 2/26, titled “The Hand Made Issue,” explores craftsmanship, creativity, and individuality. The edition highlights the value of human

Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai,  has broken ground on Lantana Hills, a new premium gated residential community at the heart of Dubai Science Park, Al Barsha South,  and has appointed Group AMANA, the regional leader in design and build, as the main contractor under an AED 680 million agreement . The groundbreaking ceremony was attended by H.E. Malek Al Malek, Group Chief Executive Officer of Dubai Holding Asset Management; Nabil M. Ramadhan, Chief Strategy and Marketing Officer; Ismail Mohamed, Chief Development and Technical Services Officer;

In a city that has made a global reputation out of engineering ambition, Al Habtoor Tower is preparing to take its place as the largest residential building ever constructed. At roughly 400 metres tall, with 91 floors and 1,740 homes, Al Habtoor Group’s flagship development is more than another entry in Dubai’s catalogue of record-breakers. It is, by several measures, a project that is reshaping how cities build upward. The headline numbers are striking on their own. The tower spans some 370,000 square metres of built-up area, roughly three times the size of a typical luxury high-rise, and offers more than

Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai,  has broken ground on Lantana Hills, a newpremium gated residential community at the heart of Dubai Science Park,Al Barsha South, and has appointed Group AMANA, the regional leader in design and build, as the main contractor under an AED 680 million agreement. The groundbreaking ceremony was attended by H.E. Malek Al Malek, Group Chief Executive Officer of Dubai Holding Asset Management; Nabil M. Ramadhan, Chief Strategy and Marketing Officer; Ismail Mohamed, Chief Development and Technical Services Officer; Fatma Almohammad, Executive

International Real Estate Partners (IREP), a global real estate and facilities management operating partner with offices across the UAE, today announced a planned leadership succession that will see Kamran Abbas appointed Chief Executive Officer. Kenneth McCrae, who has led the firm as Chief Executive Officer, will move into the role of Executive Chairman. The appointment follows a deliberate succession process and reflects IREP’s continued focus on leadership continuity, operational strength and long-term growth across its international platform. Mr. Abbas, who has served as Chief Financial Officer, brings a deep understanding of IREP’s business, clients, markets and growth strategy. In his new role

The real estate landscape in Dubai marks a significant milestone as Dugasta Properties officially breaks ground on Al Haseen 6. Situated in the heart of Dubai Industrial City, this development serves as the sixth consecutive project by the firm in the area, signaling massive demand from both investors and end users in the region. According to a recent survey, nearly 45% of real estate buyers intend to acquire property in the UAE within the next year. Dugasta Properties is tapping into this market interest by offering a guaranteed 10% return on investment and highly flexible payment structures spanning up to a decade. Building