News

The introduction of innovative product offerings, attractive payment options and recent updates to the Golden Visa requirements continue to drive investor demand within the country’s residential market, according to JLL’s UAE Real Estate Market Overview for Q1 2024. The residential market in Dubai experienced a strong start to the new year, with approximately 10,000 units completed throughout the first quarter, raising the total stock to 729,000 units. Over the remaining 9 months, an additional 25,000 units are scheduled for delivery in the emirate, primarily consisting of apartments located in prominent areas such as MBR City, Business Bay, Jumeirah Village and Dubai

Lucky Oasis Residence in Jumeirah Village Circle (JVC), the Third development from Lucky Aeon Real Estate Development, has launched, bringing investors an exciting opportunity to own an apartment in one of the most central locations in Dubai, in a block which is bursting with state-of-the-art amenities. The perfect place for families, couples, and individuals alike, Lucky Oasis Residence has unparalleled facilities, offering a diverse range of recreational activities and amenities tailored to enhance the lifestyles of all its residents, from children to seniors. Outstanding Amenities Designed to cater to everyone’s needs, Lucky Oasis Residence provides a multitude of facilities and services within the complex

Devmark, the UAE's leading real estate project sales and marketing consultancy, proudly announces its third project with Condor Developers, a real estate development firm operating in the Middle East and Asia, as they unveil Sonate Residences in Jumeirah Village Triangle (JVT). Devmark has been selected once again as the Master Agency for this exceptional residential project, poised to redefine modern living in Dubai's real estate landscape. As the importance of health and wellness gains prominence, particularly in light of recent global events like the pandemic, Sonate Residences emerges as a beacon of sophistication and holistic well-being. Standing tall at 27 floors,

Azizi Developments, a leading private developer in the UAE, has announced the 90% construction completion of Amber, its premium condominium project in Dubai’s highly acclaimed growth corridor, Al Furjan. Comprising a mix of studios, and one, two and three-bedroom residences, Amber is due for completion in Q2 2024. Amber’s structure, blockwork, and internal plaster are now fully finished, with MEP and HVAC at 90% and 95%, and tiling works at 92%. The swimming pool, façade, and elevator works are at 35%, 80%, and 95%, respectively, while the overall finishes are 84%complete. The total workforce has been increased to 480. In his comments,

Leading International Property Consultancy LH1 Global has introduced The Sail, a spectacular flagship development, with a GDV of approximately AED5.5 billion, delivered by the award-winning real estate developer, Sheng Tai International, to the world at an exclusive event in Dubai. Hosted by LH1 Global founders Ben and Rayna Hunter and Sheng Tai International Directors for The Sail, John Tan and Stephanie Teow, over 150 guests were present to witness the global reveal of a prime collection of apartments, penthouses and suites. A mixture of agents, investors and press were in attendance, with international sales now live. Moving forward LH1 Global will

Chalco's Cantina will be hosting a special Cinco De Mayo night brunch on May 4th from 7-11pm. Enjoy a true Mexican fiesta with authentic Mexican specialties including quesadillas, Traditional Pozole Rojo, Enchiladas, Tostadas and unlimited drinks including house beverages, Margaritas and selected shots. A memorable celebration awaits in a festive atmosphere with live entertainment and DJ Edikson spinning the hottest Latino beats. Price: AED 299. Chalco's Cantina - Marina Gate 2, Level M, Marina Walk, @chalcoscantina ( 052 112 8923) Chalco's Cantina is more than a restaurant, it's a lifestyle experience taking you right into the heart of Mexico with REAL Mexican cuisine, exciting cocktails, and

Azizi Developments, a leading private developer in the UAE, has announced its partnership with UK-based engineering firm Arup for the spatial planning of Azizi’s Opera, the crown jewel of its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. Founded in 1946 in London, Arup specializes in a wide range of disciplines, including structural and civil engineering, environmental advisory, and lighting design. With a dedication to excellence and collaboration, Arup has played a pivotal role in shaping some of the most iconic construction projects worldwide, executing holistic solutions that responsibly prioritize efficiency and functionality. Mr. Farhad Azizi, Chief Executive

SweetcHome, a personalized property matchmaking platform in the UAE, today announced its official launch in Dubai. The new prop tech company aims to simplify the real estate search through its first-of-its-kind, tailored home-hunting services and AI matchmaking technology. For the first time in the UAE, tenants who are unhappy with their current home or location will be able to seamlessly switch homes with other tenants through the SweetcHome platform. Landlords and agents can also promote their properties on the platform, where the matchmaking system ensures visits from qualified customers. Unlike most other property portals, SweetcHome is not a listing platform but a

Leading real estate developer, investor, and manager, Aldar Properties (‘Aldar’) has today unveiled Athlon, a first-of-its-kind ‘active living’ concept in Dubai. Meticulously designed with principles of active living throughout, Athlon is Dubai’s first and only concept designed for the everyday movement of its residents. Featuring world-class amenities, as well as a dynamic programme of activities exclusively curated by wellness experts, the development redefines fitness-focused living, with the goal of ensuring long- term wellbeing and a profound sense of community for all residents. Developed in partnership with Dubai Holding, a diversified global investment company with investments in 31 countries, Athlon represents the joint

Dubai’s real estate market has seen exponential growth over the first quarter of 2024, driven by the increase in expatriate population, real estate investor policy changes to the Golden Visa, and a strong performance in non-oil sectors. Global real estate services providerSavillsreleased the Dubai Residential Market - Q1 2024 report, which revealed a record-breaking first quarter in 2024. Andrew Cummings, Head of Residential Agency at Savills Middle East, said, “Dubai’s residential real estate market has continued an upward trajectory fuelled by factors such as population growth, economic resilience, business confidence, and a thriving tourism and hospitality sector.” Off-plan sales witness a surge Off-plan