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

Peak Summit Development has unveiled Phase 3 of The Orchard Place, an exceptional residential community located in the heart of Dubai's Jumeirah Village Circle (JVC). Strategically spread across five plots in the centre of the burgeoning JVC area, The Orchard Place is thoughtfully designed to offer residents a harmonious blend of luxury, comfort, and convenience. Surrounded by lush green spaces and equipped with a range of recreational facilities and easy access to key amenities, the community is poised to be an ideal choice for families and individuals alike. Phase 3 sets a new benchmark in high-end residential experiences, introducing rare features such as

Meraas, a member of Dubai Holding Real Estate, has announced a dynamic addition to Dubai’s skyline with the launch of Atélis at d3, a new 45-storey residential building in the city’s creative district. Designed by SOM, the architecture and engineering firm behind some of the world’s most innovative buildings, including Burj Khalifa, the luxurious waterfront residence seamlessly blends refined interiors with lush, verdant landscape. The first building in d3 located on the Creekside shoreline and providing stunning views, Atélis at d3 features a unique configuration of 280 residences with a range of contemporary one-, two-, three-, and four-bedroom apartments. Inspired by

Demand is high, investor confidence is steady, and the appeal of Dubai real estate, both to locals and global buyers, has never been stronger. Dubai Sales Soar in April: Off-Plan Leads, But Ready Homes Make a Strong Comeback Dubai recorded 15,213 property sales transactions in April, reaching a staggering AED 46.18 billion in value, a 23.1% month-over-month increase. While off-plan transactions made up 59% of the market, secondary sales gained ground, climbing to 41%, up from 38% in March. Average price per square foot rose by 2.05% to AED 1,730, further underscoring the city's steady price appreciation amid strong demand. Apartments were the hottest

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP)announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2%increase in revenue, reaching AED163 million compared withAED138 million in Q1 2024. This revenue growth is expected to continue, supported by strategic initiatives and project launches, with significant increases anticipated each quarter.This solid performance underscores the Company’scontinued focus on its core operations and the positive contributions of its high-performing subsidiaries across the UAE’s Real Estate sector.Gross profit increased to AED42.8million, representing a 25.3%increase compared to AED34million in Q1 2024, reflecting a strong gross

Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, today announced the acquisition of the real estate of Hartland International School (“HIS”) in Dubai from NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments Limited (“JHEMPIL”), valuing the school property at US$100 million. This acquisition marks Rava Partners debut in the GCC region and reflects Elevate’s strategy to scale high-quality educational infrastructure in key global markets. Hillhouse Investment (“Hillhouse”), together with Rava Partners' senior management, established the real assets platform Rava Partners in 2020. Alta Capital is the exclusive operating partner for

Dubai tenants are increasingly prioritising professionally managed properties, according to Betterhomes' latest white paper, "The Value of Professional Property Management: Tenant Insights & Market Trends." Based on a comprehensive tenant survey, the findings reveal that 75% of respondents currently live in a professionally managed property, citing faster maintenance, clearer communication, and smoother living experiences as key benefits. "The results confirm what we've seen in the market, tenants today demand professional property management," said Niral Jhaveri, Director of Property Management at Betterhomes. "It's no longer just about collecting rent; it's about delivering an exceptional living experience." The data highlights clear preferences: 83% of tenants expect

Dubai’s real estate market posted exceptional results in April, with residential sales transactions reaching 17,447—an impressive 61% increase compared to the same month last year—while commercial rental activity surged, including a 22.4% rise in average office rents and a sharp 40.8% jump in warehouse rates. These figures, published in the April 2025 report from Engel &Völkers Middle East, a leader in premium residential and commercial real estate services, underscore Dubai’s continued strength as a magnet for global capital, even amid wider economic uncertainty and shifting investor sentiment worldwide. In the residential sector, transaction volumes not only outpaced April 2024 but also

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP)announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This revenue growth is expected to continue, supported by strategic initiatives and project launches, with significant increases anticipated each quarter. This solid performance underscores the Company’s continued focus on its core operations and the positive contributions of its high-performing subsidiaries across the UAE’s Real Estate sector. Gross profit increased to AED42.8 million, representing a 25.3% increase compared to AED34

SOHBA Hospitality Management has announced a strategic focus on expanding into underserved secondary and tertiary hotel markets across Egypt, Saudi Arabia, and the wider GCC, offering a scalable operating model tailored for niche and mid-sized properties and new tourism corridors. The announcement follows the company’s recent launch at Arabian Travel Market 2025 in Dubai.With leadership ties to the Thomas Cook Tours portfolio, SOHBA Hospitality Management benefits from deep-rooted expertise in tourism, travel distribution, and hospitality strategy. Dr. Sami AlHussainy, Board Member and Chairman of the Legal and Strategic Sector, SOHBA Hospitality Management,said, “SOHBA Hospitality Management has been created with flexibility and