DAMAC Extends ‘Buy A Home, Get A Luxury Car’ Campaign To All UAE Residents
DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has announced that its “Buy a Home, Get a Luxury Car” campaign will now be extended to all UAE residents. Marking the spirit of Eid and aligned with the UAE’s Year of Family, the limited-time campaign reflects the ethos expressed by the UAE’s leadership that every resident who contributes to the nation’s progress is a part of its story. By extending the offer, DAMAC aims to celebrate the shared commitment of citizens and residents alike in building vibrant communities across the country. The initiative builds on
Al Junaidi Real Estate Signs MoU With DXR Real Estate To Market “Ti Villa” Project
Al Junaidi Real Estate has signed a Memorandum of Understanding with Dubai-based DXR Real Estate to oversee the marketing of the “Ti Villa” project, a residential development located in the Al Raqiba area of Sharjah. The project offers freehold ownership for all Arab nationalities and presents promising residential and investment opportunities in a strategic location close to Dubai. The collaboration reflects the two companies’ commitment to strengthening professional partnerships within the real estate sector and leveraging specialized marketing expertise to present distinguished residential developments to the UAE and wider Gulf markets. Through this partnership, both parties aim to enhance the project’s
Nuvé By Zoya, Valued At AED 202mln Launches In Dubai Land Residence Complex
Zoya Developments has announced the launch of Nuvé by Zoya, a new mid-rise residential development in Dubai Land Residence Complex, valued at AED 202,000,000. The project introduces 232 fully furnished residences within Dubai Land Residence Complex, one of the city’s established and fast-evolving residential hubs. With a handover scheduled for Q2 2028, the development features units comprising 169 studios ranging from 414 to 519 sq ft, 51 one-bedroom residences ranging from 770 to 899 sq ft, and 12 two-bedroom residences at 1,177 sq ft. Prices start from AED 695,000, with a structured 50/50 payment plan and monthly instalments from 1 percent,
Arada Records AED92.5 Million Sale At Armani Beach Residences At Palm Jumeirah
Arada has announced the sale of a five-bedroom residence at Armani Beach Residences at Palm Jumeirah for AED92.5 million to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer. The property, which spans 11,521 square feet and features a private pool, underscores continued investor appetite for branded luxury residences in Dubai, particularly in prime waterfront locationssuch as Palm Jumeirah. Ahmed Alkhoshaibi, Group CEO of Arada, said: "This transaction speaks to the depth of conviction that global buyers have in Dubai's property market — and specifically in what Armani Beach Residences at Palm Jumeirah represents. There is no comparable project anywhere
Azizi Developments’ Azizi Zain In Al Furjan Reaches 55% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Zain, its contemporary, metro-connected residential development in Al Furjan, has now reached55% completion. Structural works are complete. Blockwork and internal plastering are at 89% and 98%, respectively, while MEP and HVAC activities are progressing at 46% and 57%. Overall finishes are at 42%, with 330 personnel currently deployed on-site. Mr. Farhad Azizi, Group CEO of Azizi Group, said: “The continued progress at Azizi Zain reflects our commitment to delivering quality homes on time and to the highest standards of construction. As the project advances, it will bring
Reif Properties Joins Real Estate Developers Endowment With Largest Contribution Of AED100 Million
The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has received a significant new contribution to the Real Estate Developers’ Endowment initiative, launched by the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) in collaboration with the Dubai Land Department (DLD). The contribution was made by Reif Luxury Real Estate Development (Reif Properties) to coincide with the Holy Month of Ramadan. Reif Properties has joined the initiative by pledging 100 residential units from its new projects as a charitable endowment. With a total value of approximately AED100 million and an expected annual return of between AED7 million and AED9
AUM Development Launches Ryze Residences In Warsan To Serve Dubai’s Growing Academic And Professional Workforce
Business continuity in the UAE’s real estate landscape keeps up, as projects launch, sales offices stay operational and transactions continue. AUM Development, a renowned two-decade old Dubai-based real estate firm, has announced the launch of Ryze Residences, in Warsan, one of Dubai’s fastest-evolving districts, positioned at the intersection of academic, employment, and infrastructure growth. A 93-residential development comprising studios, one-bedroom, and two-bedroom apartments, prices start from AED 599K, with a 40/60 payment plan aimed at both end-users and investors. The project offers a thoughtfully designed mix of residences, including studios averaging 382 sq. ft, one-bedroom apartments averaging 891 sq. ft,
Dubai Property Market Continues To Move Despite Quieter Conditions, Says Betterhomes
Dubai's property market continues to see activity from buyers, sellers, tenants and landlords even as some residents take a more cautious approach to decision-making, according to insights from leading brokerage betterhomes. While overall enquiry levels are currently around 45% below typical levels, betterhomes says engagement across its digital platforms has remained broadly consistent with a normal trading environment — suggesting many people are actively following the market. Louis Harding, CEO of betterhomes, said the current environment reflects a period of careful decision-making rather than a pause in market activity. "Dubai has navigated many global events and market cycles over the past four decades,"
TownX Partners With Regeny To Operate 29 EV Charging Spots In A Single Tower
Dubai-based real estate developer TownX has partnered with Regeny, a leading electric vehicle (EV) charging solution provider, to operate 29 state-of-the-art EV charging spots at Luma Park Views, Jumeirah Village Circle. With this partnership, Luma Park Views will now feature the highest number of EV charging slots in the city, reflecting TownX’s commitment to sustainability and the future of transportation. This expansion is a significant step towards promoting a greener and more sustainable urban environment. TownX has also appointed Green Parking, the industry’s leader in retail parking management, to oversee the parking operations for over 20,000 square feet of retail space within
Azizi Developments Begins Rollout Of AED 75 Billion Hospitality Investment With First Five-Star Hotel In Dubai
Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure. Located within the Azizi Riviera community in Mohammed Bin Rashid City, the five-star hotel isamong ten hotel developments across various categories that are currently in design, development, or construction stages. These projects are being delivered through Azizi Developments’ in-house capabilities, leveraging the company’s integrated expertise across development, construction, and project management. Azizi Hospitality will develop 151 hotels, including 100 four-star hotels,