News

AMWAJ Development, a Dubai-based boutique real estate developer, has officially broken ground on Gate 11 in MBR District 11, Meydan, marking the start of full on‑site construction. With 85% of the project already sold and only a limited number of units still available, the milestone reinforces the strong market response to one of the developer's most anticipated residential communities. Completion is scheduled for Q1 2028, with construction now moving into an accelerated execution phase. "At Amwaj, progress is never incidental. What appears on site is the result of months of disciplined planning, technical coordination, and execution readiness behind the scenes. We work around

Dubai Municipality reported strong performance indicators in the building and construction sector during the first quarter of 2026, reflecting sustained development momentum across the emirate and a highly attractive investment environment that continues to reinforce Dubai’s position as a leading global destination for sustainable urban development. These results highlight Dubai Municipality’s continued role in supporting the objectives of the Dubai Economic Agenda D33 and the Dubai 2040 Urban Master Plan through an integrated ecosystem of smart services and enabling regulations that enhance sector efficiency and sustainability. Accelerated growth in building permit issuance Dubai Municipality issued 10,776 building permits during the first quarter of

Emaar Properties PJSC (DFM: EMAAR) today held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2025 and outlined its strategic priorities for the period ahead. During the AGM, shareholders approved a 100% dividend payout, amounting to AED 8.8 billion (US$ 2.4 billion), reflecting the company’s commitment to delivering sustained value to its shareholders and in line with the dividend policy announced in December 2024. The meeting also included the approval of the auditor’s report for 2025, together with the Board’s report on the company’s activities and financial position. Emaar’s financial results for 2025 highlighted

Azizi Developments, a leading private developer in the UAE, has recorded AED 2 billion in sales during its month-long Ramadan program held at the Meydan Hotel Ballroom. This milestone reflects continued appetite for Azizi’s diverse residential offerings, reaffirming the strength of Dubai’s real estate market and the sector’s ongoing momentum. Mr. Farhad Azizi, Group CEO of Azizi Group, said: “The strong performance recorded during the holy month of Ramadan reinforces the underlying strength of Dubai’s real estate sector, which continues to stand out as one of the most resilient and attractive globally. Even in periods where other markets may slow, Dubai

Gulf Properties has affirmed that the pipelined real estate projects across the UAE continue to move forward in a strong momentum, reflecting the resilience of the country’s real estate sector and the strength of the operating environment that supports continuity, execution and long-term investor confidence. Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties, said that development activity across the company’s portfolio remains under way, with project planning, construction progress, contractor coordination and related operations continuing in line with approved schedules and strategic priorities. Mr AlBlooshi noted that the UAE has repeatedly demonstrated its ability to maintain business continuity and sustain momentum across

Binghatti Holding Limited, one of Dubai’s fastest-growing real estate developers, said its construction operations remain fully operational and on schedule despite heightened geopolitical tensions, supported by its vertically integrated supply chains and resilient sales performance. Cancellation rates remain low, consistent with historical levels of below 1 per cent. The company has maintained its strong sales momentum, with average weekly sales of AED 500 million since the onset of recent geopolitical tensions broadly in line with pre-period levels, underscoring sustained demand across its portfolio.  Project launches have also performed robustly, with the recently launched Mercedes-Benz Places I Binghatti City achieving an absorption

Dubai’s real estate market showed robust performance during Ramadan 2026. Though it was supposed to slow down the market, it accelerated instead. Despite the current regional conflict involving Iran, the US, and Israel, the market showed strong resilience. The market could have demonstrated unprecedented performance in this holy month if the conflict had not occurred or had been resolved sooner. In Ramadan 2026 (from 18th February 2026 to 19th March 2026), the real estate market recorded 15,196 transactions, with a combined value of AED 50.58 billion. A total of 14,386 transactions, worth AED 39 billion, were recorded in Ramadan 2025. This

BEYOND Developments has confirmed continued construction momentum across its Dubai Maritime City masterplan, with measurable progress achieved across all active developments and key structural milestones delivered in line with approved schedules. The UAE's real estate sector is underpinned by one of the world's most transparent and investor-protective frameworks, a system of governance, legislation, and regulatory oversight built to ensure continuity under all conditions. Escrow protections, RERA accountability, and the clear, consistent direction of the nation's leadership have long provided the structural assurance that distinguishes this market globally. It is within this environment of institutional confidence that BEYOND's masterplan continues to advance

Azizi Developments, a leading private developer in the UAE, has announced the launch of Creek Views IV, the newest addition to its highly sought-after Creek Views collection in Al Jaddaf. The boutique tower will offer premium one-bedroom apartments and an exclusive penthouse, surrounded by uninterrupted views of the Dubai Creek and the city’s skyline. Creek Views IV follows the successful trajectory of its predecessors in the series. Creek Views I and Creek Views II have already been handed over to residents, while Creek Views III recently reached the 50% construction milestone and is on track for delivery in Q2 2026. The

Real estate leader Sankey Prasad has launched Sterling Ark after acquiring full ownership of the former Colliers Project Leaders Middle East business. The Middle East based platform will focus on Real estate solutions, project management, design & build solutions for Interior fitouts, and development advisory across retail, mixed-use, hospitality, commercial and infrastructure developments across the GCC, positioning itself to support the region's expanding pipeline of large-scale real estate and urban development projects. Sankey had acquired a 30% stake in the business in 2024 while serving as Chairman. Toward the end of 2025, he completed the acquisition of the remaining 70%, transitioning the firm into an independently