Shamal Introduces Second Tower At Baccarat Hotels And Residences Dubai
Shamal,a Dubai-based diversified investment firm,announces a second tower at Baccarat Hotels and Residences Dubai. Following strong interest in the first tower, this new addition will feature 42 impeccably designed Baccarat residences. Together, the two towers will bring the timeless elegance of the Baccarat brand to life, offering discerning buyers a further opportunity to own an iconic address in Downtown Dubai. Baccarat Hotel & Residence’s presence in Dubai represents a rare opportunity to own and experience a lifestyle defined by craftsmanship, legacy, and enduring value. With only a select number of Baccarat Hotels & Residences globally,it is a category-defining destination.In a market
Bhatia General Contracting To Hand Over 1050 Villas For Al Khawaneej 2 In May 2025
Bhatia General Contracting, a leading contractor in the UAE, will hand over1,050 exquisite villas in Al Khawaneej 2 district in May 2025,as part of a major government initiative to provide high-quality, modern housing for Emirati families and support sustainable urban development in Dubai. The project exemplifies Bhatia Group’s dedication to providing a variety of best-in-class housing options, in line with its 50-years of excellence and commitment to enhancing UAE’s real estate landscape. The project, which is now in its final phase, plays a crucial role in the ‘Dubai 2033 Plan’, a strategic initiative aimed at reinforcing Dubai’s reputation as one of
Design And Construction Leader DMDC Announces Partnership With OCTA Properties For Three Unique Mansions
Premium Dubai-based design and construction company DMDC is pleased to announce a new partnership with OCTA Developments—the real estate development arm of OCTA Properties—in a joint venture to elevate industry standards across the region. In an exciting first step, DMDC and OCTA Properties are joining forces to design, develop, and build three ultra-luxurious villas in Emerald Hills, at the heart of Dubai Hills Estate. These one-of-a-kind mansions, each a statement of elegance and sophistication, will range in size from 12,000 sq. ft to 24,000 sq. ft. One of the three plots is a rare double plot, where a sprawling 24,000 sq. ft mansion will take shape. "We are
Sobha Realty Successfully Issues USD 500 Mn Sukuk; Orderbook Oversubscribed 3x At USD 1.54 Bn
Sobha Realty, the leading globalluxury real estate developer, yesterdayannounced the successful issuance of USD 500 Mn sukuk under its recently established USD 1.5 Bn Sukuk Issuance Program. This latest sukuk will be listed on the London Stock Exchange (LSE) and NASDAQ Dubai. For thisUSD 500 Mn 2029 maturity sukuk issuance, the order book was oversubscribed three times to reach USD 1.54Bn. Initial Price Thoughts (IPTs) were set at 8.375%. However, strong interest from regional and international investors led to a notable price tightening of 37.5 basis points, bringing the effective yield to 8% p.a.Of the total issuance,61% has been allocated to
LEOS Developments Pioneers AI Innovation In $1.17 Billion Market
LEOS Developments, an award-winning international property and lifestyle developer, is revolutionising the real estate market by embedding artificial intelligence across every stage of its development and customer journey. With the UAE's AI market projected to reach US $1.17 Billion in 2025, LEOS is placing technology at the heart of its strategy to deliver smarter, faster and more emotionally engaging experiences. Dubai is fast emerging as a global leader in the AI revolution. The recent Dubai AI Week highlights the city's ambitious vision for the future of artificial intelligence. In property development, AI is transforming how homes are designed, visualised, and assessed.
Azizi Developments Hosts Exclusive Dubai Event As Part Of Its Global Roadshow
Azizi Developments, the UAE’s leading private developer, welcomes Dubai-based investors to a special showcase of its most promising, high-yield real estate offerings - including a preview of Azizi Milan, its Italian-inspired, sustainability-led master development. On the sidelines of its global roadshow, the event will take place on the 19th and 26th of May 2025 in the ballroom on the second floor of the Conrad Hotel, opposite the Trade Centre on Sheikh Zayed Road, from 10:00 AM to 7:00 PM.The event provides visitors with an opportunity to secure prime residences in one of the world’s safest, most lucrative real estate markets. Azizi
Sobha Realty’s New ONE Sobha App Brand Film Showcases The Most Carefully Crafted App On The Internet
Sobha Realty, a leading global luxury real estate developer, has launched its new ONE Sobha App brand film, which aims at educating users of the unique features of this all-in-one digital platform that has been designed with great attention to detail - to elevate every stage of the customer journey. With creative visuals and a narrative focusing on craftsmanship and convenience, the film directed by renowned photographer and artist Tejal Patni and developed in collaboration with ANC Advertising Agency, showcases Sobha Realty’s vision of combining modern technology with a human touch. As part of the developer’s strategy to increase awareness and
Wasl Unveils ‘The Next Chapter’ Of Jumeirah Golf Estates
Wasl, one of Dubai’s largest real estate developers, has announced the next phase of Jumeirah Golf Estates (JGE), unveiling a major expansion masterplan that significantly increases the community’s scale and positions it among the UAE’s most ambitious integrated luxurious lifestyle destinations. The 4.68 million square metre expansion will add a variety of residential units across six distinctive districts, including 780 luxurious villas, 62 ultra-luxury hilltop mansions, 97 branded residences, 752 estate homes, and 10,654 apartments, totaling 12,345 new units. Spanning 1.83 million square metres, the residential units will ultimately accommodate over 51,700 residents.The new masterplan – ‘Jumeirah Golf Estates The Next
MAAIA Plans To Bring Over AED 5bln In Sales To The UAE Real Estate Market In 2025 With 2.5mln sq ft GFA
MAAIA, a distinguished global real estate developer renowned for its European-inspired craftsmanship and dedication to excellence, proudly announced plans to bring over AED 5 Billion in sales to the UAE real estate market in 2025. The announcement was made at a closed-door launch event held at Atlantis, The Royal, where two of their latest residential projects in Dubai were unveiled — La Vue in Nad Al Sheba Gardens and La Clé in Al Furjan. These flagship projects follow the recent success of MAAIA’s Le Jardin development in Abu Dhabi - which achieved a complete sell-out during its concept phase. La Vue and La Cle precede
Deyaar Delivers Strong Start To The Year With AED 119.8 Million Net Profit Before Tax In Q1 2025, Up 54% YoY
Deyaar Development PJSC ("Deyaar"), a leading real estate developer and service provider in Dubai, UAE, has reported a strong start to the year, with a YoY increase in its Q1 2025 profits compared to the same period in 2024. This was announced today in a filing with the Dubai Financial Market (DFM), where Deyaar's shares are traded. Deyaar's net profit before corporate tax for the three-month period ending 31st March 2025 surged to AED 119.8 million, reflecting a remarkable 54% YoY increase from AED 77.6 million in the same period of 2024. The company also saw strong growth in revenue, which reached