Meraas Awards Over AED300mln Construction Contract For Phase 7 Of Madinat Jumeirah Living Elara
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED 300 million to Al Sahel Contracting Company for Elara, Phase 7 of the Madinat Jumeirah Living master plan. The renewed contract follows the successful completion and handover of the first four phases of the landmark project, nestled in Dubai’s most prestigious freehold neighbourhood. Al Sahel is currently developing the fifth phase of the project, now in its final stages of completion. The announcement marks a milestone in the construction of this prime residential development, which is poised to redefine the city’s urban landscape. The latest
What’s Next For Dubai Real Estate? Property Finder Gathers A Who’s Who Of Industry Leaders To Discuss What Is Shaping 2025
Riding the momentum of a record-breaking April, where Dubai’s real estate market achieved an all-time high of AED 62.1 billion in monthly sales, Property Finder convened an exclusive roundtable with the emirate’s top real estate leaders to chart the path forward. Amidst this unprecedented market performance, industry heavyweights expressed cautious optimism, anticipating that transaction activity will continue to accelerate throughout 2025 as investors adapt to evolving market dynamics. Here are three key insights that emerged from the roundtable, offering a window into what’s driving Dubai real estate in 2025. #1 The outlook is largely positive Despite global headwinds, from rising inflation to geopolitical shifts
Arada Unveils Akala, The World’s First Precision Wellness Destination, With Debut Location Next To Dubai’s DIFC
Arada has unveiled Akala, the world’s first precision wellness destination and a pioneering new global hospitality and branded residences concept.From an ancient Sanskrit word meaning ‘beyond time’, Akala uses future-facing design and technology and a weightless service model to help its residents, visitors and members unlock their full wellness potential. The brand’s first and flagship location, Akala Hotel & Residences, which contains 534 branded residences, is ideally located between Dubai International Financial Centre (DIFC) and Downtown Dubai. Comprising two 220-metre-tall towers, the design of Akala features an architectural journey of compression and release, with signature elements flowing directly into a shared
Dubai Real Estate Proves Resilient Amid Shifting US Tariff Policies And Trade Tensions
As the United States enacts a new wave of tariffs on steel and aluminium imports, the UAE real estate market, particularly Dubai, stands out as a resilient and strategic investment destination, according to a new report from Betterhomes, Will Trump's Tariffs Impact UAE Real Estate? Despite the imposition of a 25% tariff on metal imports into the US, impacting global supply chains, Dubai continues to attract sustained foreign investment. The report highlights the emirate's unique positioning as a global trade hub, supported by a diversified economy, forward-looking government strategies, and an ongoing infrastructure boom. Macroeconomic Strength Underpins Investor Confidence The UAE's macroeconomic fundamentals remain
London Hosts Azizi Developments’ Latest Stop In Global Real Estate Tour
Azizi Developments, the UAE’s leading private real estate group, is inviting investors in London to a dedicated exhibition featuring some of Dubai’s most attractive, high-return property prospects - including an early look at Azizi Milan, its Italian-inspired, environmentally conscious master-planned community. As part of its international roadshow, the event will take place on 31st of May, 2025 at Whitehall, Raffles London at The OWO, from 10:00 AM to 7:00 PM. Guests will have the opportunity to view a curated selection of units from Dubai’s most sought-after residential and hospitality locations. Azizi Milan, a landmark master-planned community, guided by principles of sustainability,
BT Properties Launches Its Flagship Project ‘WAADA,’Master-Planned Community In Dubai South
BT Properties, one of Asia’s most trusted development entities, unveiled its flagship development project ‘WAADA,’ a master-planned community, in the UAE during a landmark launch event held at the Grand Hyatt, Dubai Healthcare City. With over 30 years of experience in delivering large-scale, integrated, people-centric developments across Pakistan, BT Properties is bringing its legacy of trust and innovation to Dubai. The launch of ‘WAADA’ marks a significant milestone in the company’s expansion into the UAE market and reflects its commitment to contributing to the region’s real estate landscape. Situated in Dubai South, minutes from Al Maktoum International Airport and the Expo 2020
MAG Group And Citic Limited Sign MoU For AED 22 Billion “Keturah Ardh” Development In Dubai
In a landmark move poised to significantly shape Dubai's luxury real estate landscape, MAG Group and CITIC Limited, one of China's largest state-owned conglomerates and a global leader in engineering, procurement, and construction (EPC), have announced the signing of a Memorandum of Understanding (MoU) for the development of Keturah Ardh — a visionary AED 22 billion (USD 6 billion) project spanning 18.47 million square feet in the Al Rowaiyah First District of Dubai. The signing ceremony brought together two financial powerhouses: MAG Group Holding, with a portfolio valued at USD 3 billion, ongoing sales worth USD 5 billion, and developments estimated
AHS To Launch $750 Million Casa AHS On Dubai Water Canal
AHS Properties, the UAE’s leading ultra-luxury real estate developer, has announced the launch of Casa AHS, a landmark waterfront development valued at $750 million (AED 2.75 billion). Set along the prestigious Dubai Water Canal, the project redefines elite urban living with a curated collection of exceptional residences. Casa AHS is designed as a rare blend of architectural brilliance and branded elegance. The development is crafted by acclaimed architect Shaun Killa, with interiors by the renowned HBA Residential—redefining grandeur with expansive layouts, double-height ceilings (up to 12 meters), and awe-inspiring views of the Dubai Water Canal and Safa Park. Commenting on the launch,
Symbolic Developments Launches AED 210 Million Symbolic Zen Residences In Al Furjan – A New Benchmark In Eco-Luxury Living
Dubai’s Al Furjan neighborhood is set to welcome a striking new residential development as Symbolic Developments unveils Symbolic Zen Residences - a thoughtfully designed, AED 210 million project that blends modern luxury with the philosophy of mindful living. This launch marks the developer’s third project in Dubai and second within Al Furjan’s master community.It follows the overwhelming success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of their debut project Symbolic Alpha in Liwan which was delivered in just 14 months. Symbolic Developments, the real estate division of the Speedex Group, has emerged as a developer that
Binghatti And ADIB To Bring Sharia-Compliant Home Finance Solutions To The UAE Real Estate Market
Dubai’s leading developer, Binghatti Holding Ltd. (“Binghatti), announced today that it has signed a Memorandum of Understanding (‘MoU’) with Abu Dhabi Islamic Bank (“ADIB”), a leading financial institution in the UAE, to broaden and deepen Binghatti’s customer base by offering customers Sharia-compliant home-financing solutions including off-plan property purchases. The MoU allows the two parties to detail an agreement that will make it easier for homeowners to secure home financing solutions once construction of a project reaches 35% completion. Commenting on the MoU, Engr.Katralnada BinGhatti, Chief Executive Officer,Binghatti, said: “This innovative Islamic financing solution is a game changer for our industry and will