News

As part of its ongoing efforts to enhance transparency and fairness in the real estate market, the Legal Support Section at Dubai Land Department has organised a focused workshop for real estate developers. The workshop aimed to strengthen collaboration and partnerships, exchange knowledge on best practices in the real estate sector, and provide a safe and transparent investment environment for both developers and buyers. The session highlighted the provision of comprehensive information regarding the rights and obligations of the parties involved in real estate sales contracts, with a clear explanation of the legal procedures necessary to ensure the protection of everyone’s

Dubai-based property brand Binghatti announces the launch of Binghatti Royale in Jumeirah Village Circle (JVC). The launch comes in response to the soaring demand for Binghatti projects in the area following the rapid sell-out of back-to-back projects, some recording sell-out periods as quick as 24 hours. Binghatti Royale is features a unique circular architectural identity. The building features 354 residential units ranging from one to three-bedroom apartments and 16 retail spaces across 47 floors. “We are thrilled to announce the launch of Binghatti Royale in Jumeirah Village Circle. The rapid sell-out of our recent projects highlights the market’s substantial demand for our

Dubai’s real estate market has experienced another strong month, with property sales in August totalling AED 47.3 billion, a 40.8% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 16,159 transactions represented a 36.9% increase in volume over August 2023, while the average price per sq. ft rose 6.1% to AED 1,493. The most expensive individual property sold in August was a luxury apartment at the Dorchester Collection in Business Bay, which went for AED 139 million. Land sales for last month showed the biggest increase, with 1,396 plots,

Ellington Properties, Dubai’s leading design-led real estate developer, is excited to announce a captivating art competition through the Ellington Art Foundation. Under the theme "Shaping the Sea: Sculptural Art on the Shore," this competition invites visionary artists to contribute to a landmark installation at Ellington Beach House, one of the most anticipated handover projects of the year. Established in 2015, the Ellington Art Foundation is dedicated to nurturing and promoting emerging artists within the United Arab Emirates. The foundation plays a pivotal role in integrating art into Ellington Properties' developments, ensuring that every project not only offers a luxurious living experience

Under the visionary guidance of its leadership, Sobha Realty has consistently been dedicated to giving back to society. The leading real estate developer recently released its Corporate Social Responsibility (CSR) brand film, which highlights a meaningful blend of initiatives. The film showcases the Group’s efforts to support girls and women in academics through school and university programs in UAE and India. This campaign highlights the partnership’s dedication to empowering women, a key area of focus under their philanthropic arm. Sri Kurumba Educational and Charitable Trust, the heart of Sobha Group's philanthropic efforts, is committed to female empowerment through a number of

QUBE Development, a renowned international real estate developer with 30 years of experience, has announced the launch of sales for MIDORA Residences, as part of its AED 2.6 billion property portfolio. Situated in the vibrant and sought-after community of Jumeirah Village Circle (JVC), this new development emphasizes QUBE’s commitment to providing elegant units with green spaces and convenient amenities to cater to modern life. MIDORA Residences, designed by the award-winning Japanese architectural firm Nikken Sekkei behind One Zabeel Tower, features 492 spacious units including apartments and duplexes. Located in District 13 of JVC, MIDORA Residences embodies a green urban oasis, surrounded

SOL Properties, a leading UAE developer, officially begins construction of the premium residential ‘Fairmont Residences Solara Tower Dubai’, further elevating the regional real estate landscape by implementing stringent green building principles and advanced energy-efficient technologies. Fairmont Residences Solara Tower Dubai,’ will bring a new level of luxury, unforgettable experiences and authentic service to the vibrant city of Dubai under Fairmont Hotels & Resorts, a globally leading luxury hotel brand within the Accor group. Fairmont will guide the project’s design, ensuring it embodies the brand’s commitment to providing homeowners with exclusive privileges. Residents will enjoy unique access to integrated services and luxurious

Azizi Developments, a leading private developer in the UAE, has announced its collaboration with Cupra International, the globally recognized leader in industrial and electrical solutions, specializing in the manufacturing and distribution of essential infrastructure products, for the supply of high-end GI conduits across various projects in Dubai South, MBR City, Dubai Studio City, Al Furjan, Dubai Sports City, and Dubai Healthcare City, including Azizi Venice, Riviera, Azizi Vista, Azizi Central, Azizi Grand, and Creek Views III. Cupra International offer essential products like earthing and lightning protection systems, cable management, raised access flooring, and metal conduits. These solutions are crucial for maintaining

Unique Properties, an award-winning agency in Dubai’s real estate industry for over 16 years, has expanded into the secondary market. Having secured 36% of its transactions in this segment since January 2024, the company has brought on board Chris Jones and André Henry Watson as Sales Directors. With their combined expertise, they will spearhead the company’s continued growth and strategic direction in this dynamic market. The addition of Chris and André to Unique Properties' leadership team marks a significant step in the company’s strategic growth plan by focusing on Dubai’s secondary market, which accounted for 41% of total transactions in 2023

DAMAC Properties, the leading luxury real estate developer in the UAE, has announced the launch of its inaugural project in Ras Al Khaimah – Shoreline by DAMAC, located on the pristine shores of Al Marjan Island. The exclusive, branded beachfront residence is being designed in collaboration with contemporary art icon Vincent Faudemer's luxury collection, BABOLEX, bringing a harmonious blend of funky and chic detailing to create a modern aesthetic with comfortable living for residents. Shoreline by DAMAC marks the developer’s second collaboration with BABOLEX, following the Coral Reef by DAMAC development in Dubai. The new development highlights the developer’s commitment to