News

Almal Real Estate Development, a leading Dubai-based developer of ultra-luxury developments, has once again received recognition for its outstanding contributions to the region’s real estate sector. The firm gained prestigious accolades at both the RealTek Awards 2024 and the Luxury Lifestyle Awards 2024, emphasising its exceptional achievements and dedication to the broader luxury real-estate realm in the UAE. Following a meticulous research and evaluation process, Almal Real Estate Development shone at the prestigious RealTek Awards 2024, held at the Millennium Plaza Downtown Dubai. Organised by Biz Events Management, the event celebrated top industry achievements, with Almal Real Estate Development honoured for, ‘Real Estate

Reef Luxury Developments – a pioneering real estate developer based in Dubai – has officially launched, setting its sights on reshaping the emirate’s residential landscape through innovative concepts and community focused projects. All apartments in Reef properties will come with temperature-controlled sunken balconies, an innovation patented by the developer that allows residents to enjoy year-long outdoor living. The company has acquired a land bank that will bring 5,000 residential units to the emirate, with projects worth around AED 5 billion set to launch over the next three months. By December 2025, Reef Luxury Developments plans to unveil 30 projects valued at approximately

Samana Developers, an award-winning Dubai-based real estate developer with a growing international portfolio, unveils an AED220 million Samana Park Meadows project in Dubai Land Residence Complex in Dubailand. Situated at the crossroads of E66 Dubai-Al Ain Road and E611 Emirates Road, the new project offers easy access to Dubai's sought-after destinations, including city center, key business districts, and popular leisure spots. With a sellable area of 160,461.31 square feet, Samana Park Meadows offers a premium lifestyle and is scheduled for handover in March 2028. The project comprises 221 units spread across fourteen floors – studios, one-bedroom and two-bedroom apartments - with

Dubai’s real estate market continues to showcase its resilience and appeal as property sales experienced a 31% surge in the first half of 2024, according to leading analysts. This robust growth has prompted industry experts to forecast continued strength in property sales, rising values, and rapid absorption of new inventory through the remainder of the year. The latest data underscores Dubai's position as a premier real estate destination, attracting both local and international investors. Analysts point to key factors driving this momentum, including investor-friendly policies, Dubai’s expanding infrastructure, and the continued influx of expatriates. “Dubai’s real estate market is proving to be

Dubai's real estate market recorded total sales worth AED 141.9 billion in Q3 2024,setting an all-time high for a single quarter. This eclipsed the previous quarterly sales record of AED 124.07 billion in Q2 this year, and represented a 30.1% year-on-year rise in value A market update issued today by fäm Properties reveals there were 50,423 overall sales transactions in Q3, a 37.9% year on year increase in volume and a 16.6% rise on Q2. The 39,058 apartment sales worth AED 70.5 billion represented 77% of the total Q3 transactions, and showed a 43.9% increase in volume on the same period last year. Meanwhile,

YallaValue is transforming the property valuation landscape in Dubai by offering free, instant, and accurate property valuations without the hassle of traditional sales funnels, making it the first platform of its kind in the region. Founded by Jack Sellers, a UK expat who faced the complexities of Dubai’s real estate market first-hand, YallaValue aims to simplify the valuation process by providing instant estimates and human-verified reports in partnership with Hometree, a licensed valuation company (DLD and RICS regulated), all in under 15 minutes. Addressing a Market Gap Dubai’s real estate sector is dynamic but lacks accessible, transparent property valuation tools. “Dubai’s real estate market

In a landmark unveiling set to transform Dubai’s cityscape, Amaal, a pioneering real estate developer powered by Ayana Holding, announces the launch of its debut development, Amaal 8. Located in the dynamic Meydan Horizon within Mohammed bin Rashid City, this 48-level mixed-use residential tower will set a new standard for elevated urban living that merges sophisticated design with environmental sustainability and unparalleled comfort. Positioned against the tranquil backdrop of the Ras Al Khor Wildlife Sanctuary, Amaal 8 uniquely combines the energy of city life with the calm natural surroundings. The development is envisioned as more than a residence; it is a

SOFITEL IS THRILLED TO ANNOUNCE A KEY MILESTONE AS PART OF ITS STRATEGIC GROWTH PLAN WITH THE SIGNING OF ITS FIRST BRANDED RESIDENCES IN THE UNITED ARAB EMIRATES: SOFITEL RESIDENCES DOWNTOWN DUBAI. COMBINING THE LUXURIOUS SERVICE OF A 5-STAR HOTEL WITH THE COMFORT OF HOME, THIS DEVELOPMENT INTRODUCES 70 EXCEPTIONAL RESIDENCES, OFFERING A PRIVATE HAVEN IN THE HEART OF THE CITY. Located in the iconic Downtown Dubai district, just a stone's throw from Burj Khalifa and Dubai Mall, Sofitel Residences Downtown Dubai provides unparalleled access to world-class restaurants, cultural attractions, and renowned boutiques. Residents will experience a unique blend of Middle

Accor, a world-leading hospitality group, is pleased to announce the signing of a groundbreaking new partnership with The Summary Executive Properties, for the world's first standalone Swissôtel branded residences. Located on Dubai Islands, Swissôtel Waterfront Residences at Dubai Islands is expected to debut in 2027, offering 105 private homes alongside a mix of apartments and a penthouse. Meeting Dubai's growing demand for stand-alone branded residences, Swissôtel Waterfront Residences at Dubai Islands will occupy a prime location in Nakheel's upcoming master planned development. Dubai Islands offers views over the Downtown Skyline and Port Rashid, located 25 minutes from Downtown Dubai. Construction will soon

Al-Futtaim Real Estate, one of the region’s only private master developers with 60-years of experience as part of Al-Futtaim Group, has announced the launch of Al Badia Living in Dubai Festival City. This premium lifestyle community marks a new chapter for the area, positioning it as a top destination for living, working, and playing. Al Badia Living offers over 340 generously sized and superbly appointed residential units, including one-to-four-bedroom apartments. With views of Al Badia golf course, Dubai Creek and Burj Khalifa, the development caters to singles, couples, and families, featuring resort-style amenities that set it apart. Residents can enjoy state-of-the-art health