News

DHG Properties, the Dubai-based developer and part of Swiss real estate and construction group DHG, has commenced construction on Helvetia Marine, its premium waterfront residential development on Dubai Islands. The milestone marks the project’s transition into its next phase of development, placing Helvetia Marine on track for delivery to homeowners and investors in Q1 2028. According to figures released by Dubai Land Department, total real estate transactions reached AED 68.56 billion in April 2026, rising by more than 20% and highlighting continued confidence in the emirate’s residential sector. Investor appetite for off-plan and waterfront developments has continued across the real estate

Shamal Holding, a diversified investment firm, today announces that new assets across its Dubai Harbour and Al Sufouh portfolios have received BCCs and are now operational, marking the latest milestones in the firm's long-term programme of portfolio development across the city. At Dubai Harbour, Shamal is advancing a coordinated investment and placemaking programme towards the evolution of an integrated maritime lifestyle destination. The latest asset to come online is a nine-storey multi-storey car park spanning 31,487 sqm. The facility includes rooftop parking and provides a total of 845 spaces, directly addressing one of Dubai Harbour's most pressing infrastructure needs as the destination

Mashreq, a leading financial institution in the MENA region, has announced the launch of its Off-Plan Home Loan proposition, a strategic expansion of its mortgage offering for prospective homeowners in the country, designed to meet the growing demand for off-plan financing. The new Off-Plan Home Loan solution, available to UAE residents, introduces a credible, structured financing option that complements Mashreq’s existing home loans for ready properties, solidifying the bank’s position as a comprehensive home financing partner. With zero pre-approval fees, repayment tenures of up to 25 years, and flexible repayment structures designed to support diverse customer needs, the proposition enables UAE residents

Sharafi Group Investments, the century-old Emirati family-owned conglomerate with diversified interests spanning hospitality, properties, facilities management, contracting, and consulting, has officially launched MAREA Residences, a boutique luxury waterfront development located on Dubai Islands. Strategically positioned within one of Dubai’s most ambitious coastal destinations, MAREA Residences offers residents seamless connectivity to Downtown Dubai, DIFC, Dubai International Airport, Al Khail Road, and Sheikh Zayed Road, while placing them moments away from the Dubai Islands Mall, marina, beaches, and waterfront boardwalk. The G+2+12-floor residential project features a collection of semi-furnished one- and two-bedroom residences with jacuzzis, alongside expansive two- and three-bedroom duplexes with maid’s rooms

Formative, the UAE’s largest and most advanced fitness collective by master developer Arada, has opened PLATFORM Grande, its fifth location in the UAE. Situated within Downtown Dubai’s Grande Signature Residences, the 12,500 square foot club combines boutique fitness experiences with stunning views of the Burj Khalifa and Dubai Opera. PLATFORM Grande features seven multi-disciplinary fitness studios: MINDBODY, heated MINDBODY, Ride, Strength & Run, Box and Strength, Reformer, and Reformer Towers. This builds on Platform Studios’ extraordinary following across the UAE, shaped by its signature high-energy training environments. Each space is designed to deliver an immersive experience, with dynamic lighting and curated

Dubai's real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED 68.6 billion, according to a new analytical report published by Elite Merit Real Estate. The rebound marks the first decisive recovery following a temporary slowdown in late February linked to broader regional geopolitical uncertainty. According to the report, April's performance indicates that the correction was primarily sentiment-driven rather than structural. Total registered transactions reached 18,847 in April. Mortgage activity increased 33.5% month-on-month to AED 14.52 billion, while cash sales rose 13.5% to AED 48.34 billion. Off-plan activity remained the dominant market driver, accounting

Alta Real Estate Development announces the close of the AED 280 million sale of Villa Gaia, a 21,883 sq. ft. ultra-luxury private estate on Jumeirah Bay Island. The transaction stands among the most notable single-villa sales in Dubai’s history, reinforcing ALTA’s position as one of the region’s leading developers of highly curated luxury residences. Positioned on one of the most exclusive plots on Jumeirah Bay Island, Villa Gaia is a singular private estate within one of Dubai’s most tightly held waterfront communities. Conceived as a one-of-one residence, the villa reflects growing demand for bespoke homes defined by architectural distinction, privacy, craftsmanship, and long-term

At its first — and last — in-person press briefing, Rechitta was unveiled as a new AI-powered communication layer for Dubai’s real estate market. Built specifically for developers, brokers and buyers, Rechitta aims to help the industry manage increasing demand with greater speed, consistency, transparency, and accuracy. Rechitta is designed to provide real-time responses on pricing, inventory, payment plans, amenities, and project updates, while also giving developers visibility into engagement trends, investor interests, and market demand patterns. By removing delays caused by fragmented communication and manual follow-ups, Rechitta aims to help developers and brokers respond to global market demand more effectively.

Sobha Group has entered strategic Memorandums of Understanding (MoU) with 10 leading global and regional universities, reinforcing its long-term commitment to building future-ready leadership talent and strengthening its position as a people-first organization that invests as deeply in its people as it does in its projects. Aligned with the UAE’s vision of becoming a global hub for innovation, higher education, and advanced talent development, the initiative represents a long-term investment in leadership capability, continuous upskilling, and future talent pipelines amid rapid business transformation and regional expansion. At the core of the programme is Sobha Group’s People Development Team, which drivesleadership development through

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