World’s First MANSORY Residences Launched With Amaal In Dubai
Amaal, the visionary Emirati-founded real estate developer, has officially launched its landmark partnership with automotive design icon MANSORY to co-create the MANSORY Residences, an ultra-luxury residential tower in Dubai. This collaboration marks MANSORY’s first global venture into real estate and architectural design, introducing a new chapter for this renowned brand within the world of high-end living. Valued at AED 1.8 billion, the project reflects both design ambition and market demand for collectable, design-led properties. Set within Mohammed Bin Rashid City as part of the prestigious Meydan Horizon masterplan, MANSORY Residences will stand tall across 48 floors with a total built-up area
Azizi Developments Partners With UAE-Based MPI
Azizi Developments, a leading private developer in the UAE,has announced a new contract with Modern Plastic Industry (MPI), a pioneering manufacturer of high-performance piping solutions. Under this agreement, MPI will supply UPVC pipes and fittings for high-pressure and drainage applications several of Azizi’s projects in Dubai. Founded in Dubai in 1987, MPI has grown into one of the region’s most trusted names in piping systems, serving the construction, infrastructure, and industrial sectors with precision-engineered, durable, and efficient solutions. With decades of expertise and a strong commitment to quality, the company has built a reputation for reliability and innovation, offering products that
Dubai Emerges As A Global Billionaire Magnet For Ultra-Wealthy Real Estate Investors In 2025
Dubai has been establishing itself as a global hub for premium real estate, with a growing number of high-net-worth individuals relocating to the Emirate. The city is continuously attracting wealthy investors from around the world with its zero-tax environment, cutting-edge infrastructure, safety, and a prestigious lifestyle. According to a report by Henley & Partners on Private Wealth Migration, 9,800 high-net-worth individuals are anticipated to relocate to the UAE in 2025. Dubai ranks among the top 20 cities in the world for wealth and houses 81,200 millionaires. This presents a 12% year-over-year increase. Most wealthy investors come from the UK, Europe, India,
Amanat Completes Sale Of Education Real Estate For AED 453mln Generating AED 294mln Net Cash Return
Amanat Holdings PJSC (“Amanat” or the “Company”) (DFM symbol: AMANAT), the leading healthcare and education listed investment company, announces it has completed the sale of its education real estate asset for AED 453 million. Delivering an unlevered cash-on-cash multiple of 1.7x and an internal rate of return of 10%, the transaction will generate a net cash return of AED 294 million, underscoring the strength of Amanat’s investment strategy. The asset comprises the real estate of North London Collegiate School, acquired by Amanat in June 2018 for AED 360 million, with Amanat subsequently funding a capital expansion of AED 33 million, increasing Amanat’s
Beyond Living Real Estate Launches In Dubai
Beyond Living Real Estate has officially launched operations in Dubai, introducing an innovative, technology-driven approach to luxury property brokerage across the UAE. Founded by CEO & Co-Founder Najib Sabbagh and Co-Founder & Chairman Hany Naguib, and led operationally by Managing Director David Duke, Beyond Living is poised to redefine the standards of premium real estate service through cutting-edge digital solutions, sophisticated market intelligence, and a customer-first philosophy. The launch of Beyond Living comes at a time of remarkable growth and transformation in the UAE’s property market. As Dubai continues to attract global investors and high-net-worth individuals, the demand for specialised, technology-enabled real
Tomorrow World Properties Launches Tomorrow Commercial Tower In Dubai’s International City
Tomorrow World Properties, the boutique real estate arm of Tomorrow World Group, proudly announces the launch of Tomorrow Commercial Tower this August —a visionary commercial development set to transform the business landscape of International City, one of Dubai's fastest-growing and most commercially vibrant districts. Tomorrow Commercial Tower sets a new benchmark in intelligent design, seamlessly integrating smart systems that optimize energy use, climate control, and security. These advanced technologies not only promote sustainability but also drive long-term cost efficiency, making the tower a future-proof investment for tenants and stakeholders alike. Managed exclusively by Tomorrow World Properties, every aspect of operations and
Azizi Developments’ Riviera Beachfront I Reaches 70% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Riviera, its French Mediterranean-inspired waterfront community in MBR City, has now reached 70% completion. Beachfront I’s structure is fully complete, with blockwork and internal plastering at 98% each. Tiling works have reached 50%, while HVAC and MEP installations stand at 83% and 68%, respectively. Façade works are at 29%, external works are at 15%, and overall finishes have progressed to 49%. Supported by a workforce of 3,200, construction remains firmly on track for completion in Q4 2025. Mr. Farhad Azizi, Group CEO of the Azizi group of
Binghatti Capital’s private credit fund to boost sub-contractors, increase ROI
In line with a growing trend in Dubai’s property sector, Binghatti Group’s newly launched asset management arm, Binghatti Capital, aims to tap into rising demand from investors and family offices for financial products, particularly private credit. The move aims to diversify access to alternative capital sources and strengthen the developer’s internal supply chain by lending to its long-standing subcontractors. Binghatti Capital plans to deploy part of the $1 billion in Shariah-compliant funds it is targeting across two core strategies: real estate and private credit, CEO Katralnada Binghatti told Zawya in an interview. “Capital formation is a major theme this year—and rightly so—because
Eden Realty breaks record with landmark Emirates Hills plot sale
Eden Realty, a leading luxury real estate brokerage in the UAE, has set a new benchmark in Dubai’s ultra-prime property market with the record-breaking sale of a single-plot villa in Emirates Hills which has sold for AED260 million ($71 million). Spanning approximately 50,000 sq ft, the property was never publicly listed and could only be viewed by buyers who passed a stringent pre-qualification process - reflecting the high level of privacy that defines transactions at this tier and location. This marks the highest value ever achieved for a single-plot villa in the prestigious community. Emirates Hills, often referred to as the Beverly Hills
Marquis Developers unveils new residential tower in Dubai
Marquis Developers, a Dubai-based developer specialising in luxurious family residences, has unveiled its seventh project - Marquis One - within the Arjan community. Announcing the launch, Marquis Developers said the 22-storey tower will deliver nearly 500 lifestyle homes - ranging from studios to two-bedroom apartments - when completed in 2028. The developer had earlier launched six residential projects, of which two – 2020 Marquis and Marquis Signature – have already been delivered to the customers. Work is currently under way on its 630 homes spread across its varous projects, said a statement from Marquis Developers. Of these, more than 250 units will be delivered