News

UFC, the world's premier mixed martial arts organization, and Citi Developers, a leading luxury real estate developer headquartered in the United Arab Emirates, today announced a landmark multi-year partnership naming Citi Developers the Official Luxury Real Estate Partner of UFC in Europe, Middle East and Africa (EMEA). As part of the collaboration, Citi Developers will receive category exclusivity within the luxury real estate sector for EMEA and benefit from a significant presence across UFC events in North America, Latin America, Europe, and all Middle East events, alongside integrated visibility across UFC's digital platforms, content initiatives, and fan engagement activations. The partnership has

Dubai International Financial Centre (DIFC) has awarded the main construction contract for DIFC Heights Tower, an AED3 billion gross development value mixed-use project located within Gate District, to Al Basti & Muktha LLC (ABM), marking a significant milestone in the development of the destination. Located on the final remaining plot within DIFC's original land bank, DIFC Heights Tower will deliver 366 luxury residences, premium commercial office space, and retail and dining offerings, with completion targeted for 2029. The appointment reinforces DIFC's continued expansion as a leading global business and lifestyle destination, supporting growing demand for premium, centrally located urban living in Dubai.

Azizi Developments, a leading private developer in the UAE, has announced the launch of the Azizi Center of Excellence, a new brokerage academy designed to advance professional development and strengthen industry expertise across the UAE’s real estate brokerage sector. The academy will deliver a series of specialised workshops covering construction, engineering, customer service, sales excellence, and market insights. Sessions will be led by senior executives from Azizi Developments, with participants receiving certification upon completion. The programme is open to all brokers across the UAE, aiming to broaden access to industry knowledge and contribute to raising professional standards across the real estate

Select Group, one of the UAE’s leading premium real estate developers, has announced the successful completion of Six Senses Residences The Palm, Dubai, the first residential development in the Middle East and North Africa to carry the Six Senses brand. Located on the West Crescent of Palm Jumeirah, the completed development marks a major milestone for Select Group and for the evolution of branded residential living in the region. Homeowner handovers are now underway. Delivered in partnership with Six Senses, the globally acclaimed wellness hospitality brand and part of IHG Hotels & Resorts, Six Senses Residences The Palm, Dubai brings the brand’s

Grovy Developers, an award-winning real estate developer in Dubai, has joined hands with USquare Luxe Properties to unveil the first look at its show apartment for Ramada Residences by Wyndham at Dubai Islands. Located within Grovy’s sales centre in the bustling hub of JVC, the show apartment marks the first physical presentation of the development, giving investors, brokers, and prospective buyers an opportunity to experience the design, layout, and lifestyle offering ahead of completion. The show apartment has been developed to reflect the final handover specification, showcasing the interiors, specially designed Ramada furnishings, and a hospitality-led design approach that defines the

Developers in the UAE need to fundamentally rethink how luxury homes are designed and built, as rising heat stress exposes the limitations of construction materials and methods that were never engineered for this climate. Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, says developers must respond by selecting materials and systems specifically designed to manage the heat, humidity and air quality challenges that Gulf residents live with year-round. His comments follow new climate research published by scientists at the European Centre for Medium-Range Weather Forecasts, which found a sharp intensification of heat stress globally since the 1970s, with

Dubai's off-plan office market recorded unprecedented growth during the first half of 2026, with sales reaching AED 13.1 billion across 1,668 transactions, surpassing the sector's combined sales over the previous seven years. According to an analysis by Al Masdar Al Aqaari on transactions registered with the Dubai Land Department, off-plan office sales between 2019 and 2025 totalled AED 5.48 billion from 1,821 transactions, meaning the first six months of 2026 alone outperformed the entire seven-year period. The strong performance underscores the rapid evolution of Dubai's commercial real estate market, driven by rising demand for premium office space, a growing number of regional and

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has reached a significant construction milestone with the topping out of the AED 243-million, 52-storey Harbour Lights – its waterfront development in Dubai Maritime City. The achievement marks the completion of the tower's superstructure and brings the project a step closer to delivery. Ali Sajwani, Managing Director of DAMAC Properties, said: “The topping-out of Harbour Lights represents the realisation of a bold vision for signature waterfront living in one of Dubai’s prime destinations. As DAMAC continues to expand its portfolio of distinctive developments, we remain committed to creating

Sobha Realty, a leading luxury real-estate developer globally and National Bank of Umm Al Qaiwain (NBQ), have signed a Memorandum of Understanding (MoU) to provide preferential mortgage and financing solutions for customers purchasing off plan residential units across Sobha Realty’s developments. The partnership reflects the commitment towards supporting the UAE’s dynamic real estate sector by making homeownership more accessible and delivering tailored financing solutions that meet the evolving needs of both end-users and property investors. Eligible customers purchasing residential units from Sobha will benefit from competitive mortgage rates, preferential financing terms, and a streamlined application process designed to provide greater convenience and flexibility

Dubai’s real estate market continues to register exceptional demand for luxury properties, supported by growing confidence among local and international investors. This sustained momentum further reinforces the emirate’s position as one of the world’s most stable and attractive real estate investment destinations. Against this backdrop, Binghatti has announced penthouse sales totalling AED 270 million at Bugatti Residences by Binghatti in Business Bay during June 2026. The landmark transactions comprised the sale of an AED 200 million penthouse and a second penthouse valued at AED 70 million to international buyers, underscoring the continued demand for rare, ultra-luxury residences within globally branded developments. These